Under the Families First Coronavirus Response Act (FFCRA), employees may be entitled up to two weeks of paid sick leave and up to 12 weeks of expanded family and medical leave. In the event a child’s summer camp, summer enrichment program, or other summer activity closing for COVID-19 related reasons, will parents be entitled to paid leave under the FFCRA? Recent guidance issued by the U.S. Department of Labor provides insight.
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The coronavirus pandemic plunged the global economy into a deep recession by the end of the first quarter 2020, triggering concern over a surge in corporate defaults. Since that time many credit markets have recovered, boosted by monetary and fiscal stimulus packages. This webinar, along with an accompanying paper, provides an overview of where attractive investment opportunities remain in public and private credit markets. The Cambridge Associates team also discusses strategies on how to take advantage of the unfolding distress cycle.
Everyone has a relationship with money. However, money itself is neutral as a tool used to get what you need and want. And yet it impacts nearly every aspect of life, beginning with how parents teach their children about money. From this view, there’s also a need to recognize its resulting effect. While money is powerful, you are in charge of that power and how it reflects on you, your family, and the relationships around your family.
As the world turns the COVID-19 tide, the initial economic recovery from the pandemic will only be partial, with global output not returning to pre-crisis levels before 2022. Nonetheless, a number of factors will help drive equity markets higher and investment opportunities elsewhere too. In the long term, dangers around market timing mean that Strategic Asset Allocation (SAA) remains the way to deliver sustainable portfolio returns.
Most small businesses begin their financial lives using Intuit's QuickBooks, but if your business has moved beyond the entry level, your organization may be facing a number of challenges as you hit the limits of QuickBooks’ functionality. With the right framework and guidelines, you can assess the hidden costs of continuing to use QuickBooks along with the financial upside of switching to a modern financial management and accounting system.
Companies in the cannabis industry and individuals working in cannabis-related businesses have sought to turn to the federal bankruptcy courts for relief when they became insolvent. While federal bankruptcy courts have taken jurisdiction for bankruptcies of companies focused on federally legal, industrial hemp, the United States Trustee Program has repeatedly challenged the ability of companies focused on medical or adult use cannabis.
Even if you do not live in a flood plain, the potential for flooding can happen anywhere in the country. Flooding is the most common natural disaster in the U.S. and occurs in every state and territory. Preparation is a must to prevent flooding loss.
The Denver City Council has approved a new local license to regulate and implement medical cannabis research and development facilities, marking the beginning of the city’s efforts to update its cannabis rules. For the first time, the city’s licensing process will include social equity requirements.
COVID-19 tested the resilience, creativity and crisis management skills of organizations, governments, and families around the world. As you reflect on the impact of the pandemic on your family from a historical perspective with your own family history in mind, this guide offers tips on how to collect, preserve, and share the memories and lessons learned from facing uncharted waters.
Most equity index maintenance is routine. We explore how the COVID-19 pandemic could make things different for major index providers ahead of their regular updates.