Cha-ching! Young retail investors win big with small stock buys
Many billionaire hedge fund managers did not see it coming. When the stock market tanked in early 2020 as COVID-19 hit the U.S., hedge fund managers…
Month: October 2020
Bologna or turkey? Apples or oranges? Understanding opportunity costs
In the thousands of little decisions we make every day, the costs are probably minimal. The difference in cost between taking a bologna sandwich or a…
EIDL loans are not grants, taxed as loans
Economic Injury Disaster Loans to small business came in two flavors: Forgiveable loans (emergency grants) and low-interest loans. The emergency grants…
PPP may be forgivable, tax exempt
PPP loans may be forgivable, tax exempt The Paycheck Protection Program loan, which gave small businesses help to pay salaries and expenses during the…
Business, cities can collapse under pervasive fear, writer says
Violence and fear can kill a city. Detroit still bears the scars of rioting in the 1960s that, along with other factors, turned the city from a…
Magnificent Mile struggles after looting, COVID-19
Months of COVID-19 restrictions killed sales on Chicago’s Magnificent Mile, but will repeat rioting finally kill business? The Magnificent Mile, one the…
Candy sales expected to remain steady during COVID-19 Halloween
Americans haven’t been shy about stocking their quarantine pantries with candy — sales were up 6.3 percent during the 17-week period ending at the end of…