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How Biden’s retirement plans could save small business workers

October 29, 2020 admin Comments Off on How Biden’s retirement plans could save small business workers

If Joe Biden wins 401(K) plans could be in for a major shake-up – one that could benefit tens of millions of AmericansThe 401(K) retirement plan has proved an extremely popular – and cost-effective – retirement benefit that’s provided by millions of small business owners around the country to their employees. If Joe Biden wins, they could be in for a major shake-up – one that could benefit tens of millions of Americans.Up until now, the rules were fairly simple: employees could contribute a pre-tax amount of their compensation for their retirement and employers could match that amount up to …read more […]

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Tesla plans to open about 52 new service centers in 2021: Electrek

October 29, 2020 admin Comments Off on Tesla plans to open about 52 new service centers in 2021: Electrek

Last week, analysts at Brokerage RBC noted that Tesla’s investment in service and quality has not been enough to keep up with its increasing sales and has the potential to damage the brand. “Service could be particularly important as Tesla continues to try to expand outside its core market.” The company, which has repeatedly said that it needs to expand its service center locations, operates 466 service centers around the world, according to Electrek. …read more […]

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The Pandemic’s Hidden Inflation… and What to Do About It

October 29, 2020 admin Comments Off on The Pandemic’s Hidden Inflation… and What to Do About It

We went out to dinner the other night.
It was a place we’d normally be proud to be seen in.
We masked up, waited in the car until a table was ready like we were told to and then were quickly shuffled by the tables full of maskless potential super-spreaders.
Oh my.
We accidentally looked one of them in the eye.
The hostess seated us and quickly took off for the safety of the front desk.
“Wait,” we cried. “What about the menus?”
“No,” she shot back. “We don’t use them anymore. Use your phone.”
It turns out we had to scan a code at the back of …read more […]

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Oil Falls to Four-Month Low as Renewed Lockdowns Menace Demand

October 29, 2020 admin Comments Off on Oil Falls to Four-Month Low as Renewed Lockdowns Menace Demand

(Bloomberg) — Oil fell to a four-month low, deepening Wednesday’s slump as lockdown restrictions grow in Europe.Futures in London lost 3.9%, declining as the dollar reversed an earlier loss to trade higher. Germany and France, the European Union’s two biggest economies, will clamp down on movement for at least a month to try and curb Covid-19’s spread. There are already signs that road use in Europe is slumping, weighing on oil consumption.As the impact of the virus rears its head across markets once again, oil is also contending with supply issues too. American crude inventories rose the most since July …read more […]