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Archives for 2020
Fed opens up Main Street loans to smaller businesses
The Federal Reserve Board on Friday announced changes designed to make Main Street Lending Program loans available to smaller businesses and not-for-profits. Specifically, the board reduced the minimum loan amount on three of the five Main Street loan facilities from $250,000 to $100,000. To encourage provision of the smaller loans, the board waived transaction fees […]
Guidance on deferred employee payroll tax issued
The IRS posted guidance on Thursday about how to report the deferral of withholding, depositing, and paying of certain payroll tax obligations, as authorized by the Aug. 8, 2020, presidential memorandum directing Treasury to defer taxes under Sec. 7508A. The IRS has also updated Form 941, Employer’s Quarterly Federal Tax Return, to allow for reporting […]
Business & Economy in India after Covid-19
Covid-19 pandemic is killing the economy and business every day. Sanitization, mask, social distancing, work from home, and home quarantine have become part of our life. It seems our life is controlled by the Corona Virus. Everyone is going through a bad phase in their life. The questions that are bugging everyone’s mind nowadays are […]
Customers want small businesses to digitally transform with them
Guest written by Brett Grossfeld, Product Marketing Manager at Salesforce. “Going digital” in business generally comes with the connotation of “more convenience for customers”. But in the wake of the COVID-19 pandemic, digital transformation takes on another meaning: protecting employees and customers. At Salesforce, we conducted a consumer-based survey in May 2020 to learn how […]
Editor’s Column: The DWP’s Flying Circus
To be honest there aren’t too many connections between Monty Python’s sketch and the DWP but there are some if you look hard enough. For those interested in the connections read on. If you’re not interested then click on the link above to view the sketch as it may brighten your day (warning that some […]
How’s Your Business Doing? Calculate Year-over-year Growth to Find Out
Do you know how your business is performing this year compared to last? No? Calculate year-over-year growth to find out. Having the 411 on your business’s financial health puts you in a better position for decision making. Read on to learn what is year-over-year growth, why it matters, and how to calculate it (complete with […]
A history lesson for 2020’s new traders
On this episode Josh explains why we’re facing three worst case scenarios all at once, how markets are reacting and why the vaccine is the only thing that matters. Plus, many of today’s new traders seem to not understand what has happened to prior generations of new traders. A brief history of daytrading – from […]
FSCS opens doors to claims against failed SIPP firm
The FSCS is working through nearly 1,000 potential claims against SIPP operator Guinness Mahon which collapsed in February. The FSCS says it has opened the doors to claims but will await the outcome of a number of High Court cases against Guinness Mahon Trust Corporation Ltd (GMTC) before settling any claims. Bristol-based SIPP and SSAS pensions […]
Treasury yields dip as coronavirus cases surge and election uncertainty continues
U.S. Treasury yields moved lower on Friday after coronavirus cases globally reached a single-day record, along with uncertainty ahead of next week’s U.S. presidential election. The yield on the benchmark 10-year Treasury note fell to 0.822% at 5:14 a.m. ET, while the yield on the 30-year Treasury bond dipped to 1.597%. Yields move inversely to […]