Credit: UF Warrington College of Business
The $1.9 trillion American Rescue Plan, a stimulus package introduced by the Biden Administration, recently received Congress approval. The stimulus package, like its two predecessors aimed at providing relief for individuals and businesses hindered by the COVID-19 pandemic, includes another round of funding for the Paycheck Protection Program (PPP).
The American Rescue Plan includes $7.25 billion for PPP loans as well as a number of changes to make it easier for the smallest of businesses to gain access to the funding. With billions on the table for struggling small businesses, new research from the University of Florida Warrington College of Business finds that community banks are a critical source for helping these businesses keep their workforce employed during the pandemic through PPP loan access.
In the investment and financial world, one of the most commonly cited and closely watched benchmarks is the Standard & Poor s 500 Index or S&P 500 for short. Its moves are widely considered to be a proxy for the performance of the stock market overall. Individual stocks, stock funds, and other assets are all compared against it.
The S&P 500 is by far, the most widely used indicator of investment success or failure, says Cory Clark, chief marketing officer at DALBAR, Inc., which evaluates and audits business practices.
If you subscribe to the belief as many do that investing in a representative sample of the entire market ultimately yields better returns than trying to pick individual winners, the S&P 500 is one of the best samples available.
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Investor enthusiasm for initial public offerings hit records in 2020, with the most listings in the U.S. since 1999. Euphoria about Airbnb’s debut as a public company in December may benefit other travel startups, such as Turo, Yanolja, Traveloka, Gett, Vacasa, Sonder, TripActions, Tujia, SiteMinder, and FlixMobility, which appear to be considering stock market debuts in 2021 or 2022.
A handful of travel startups as a category may eye potential public listings in 2021 as a way to shore up their finances during the crisis. Recent pandemic-related underperformance may not turn off all investors.
The Bubble Isnât What You Think It Is Last Updated: Jan. 4, 2021 at 7:32 a.m. ET First Published: Dec. 31, 2020 at 6:34 p.m. ET By
Workers install Waterford Crystal triangles on the New Year s Eve ball in New York City. Tayfun Coskun/Anadolu Agency via Getty Images
The New Yearâs Eve Champagne has been imbibed, but concerns about bubbles will persist well into 2021.
There wasnât much to celebrate in 2020, a miserable year for the economy and humanity in general. At least there was the stock market. Despite the Covid-19 pandemic, which ground the U.S. economy to a halt, the