Mark Twain Medical Center has a New Manager of Philanthropy

Mark Twain Medical Center has a New Manager of Philanthropy

San Andreas, CA…Local active Community member selected to fill the role of Hospital fundraising San Andreas- September 25, 2020- Mark Twain Medical Center has announced that after a competitive and thorough search they have successfully hired the new Manager of our Philanthropy Department. Charanjit Singh (CJ) will be responsible for developing and directing all aspects […]

Census Bureau Reports that Household Income Was Highest Ever at $68,703 in 2019.

Census Bureau Reports that Household Income Was Highest Ever at $68,703 in 2019.

Washington, DC…The U.S. median household income was $68,703 in 2019, 6.8% higher than in 2018, according to U.S. Census Bureau statistics released today. That’s the highest median U.S. household income since they began recording it. But the COVID-19 pandemic affected who responded , potentially biasing the estimate upward. So, was household income last year really […]

Market Month for August, 2020 ~ From Brian J Tewksbury

Market Month for August, 2020 ~ From Brian J Tewksbury

Murphys, CA…The Markets as of market close August 31, 2020. The positive run for stocks continued in August as the major market indexes regularly reached all-time highs. While investors remained bullish toward equities, it wasn’t always clear why. Although the economy is gradually picking up steam, it has a ways to go to reach its […]

Market Month for July 2020 ~ FromBrian J Tewksbury

Market Month for July 2020 ~ FromBrian J Tewksbury

Murphys, CA…The Markets as of market close July 31, 2020. Stocks posted gains in July in spite of gloomy news on the economic and pandemic fronts. Investors continued to trust equities despite the gross domestic product falling nearly 33.0% in the second quarter, mixed quarterly corporate earnings results, emerging pandemic hot spots, growing unemployment claims, […]

Gross Domestic Product, 2nd Quarter 2020 Drops 32.9%, U.S. Economy Shrinks By Almost a Third

Gross Domestic Product, 2nd Quarter 2020 Drops 32.9%, U.S. Economy Shrinks By Almost a Third

Washington, DC…Gross Domestic Product, 2nd Quarter 2020 (Advance Estimate) and Annual Update. Real gross domestic product (GDP) decreased at an annual rate of 32.9 percent in the second quarter of 2020 (table 1), according to the “advance” estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP decreased 5.0 percent. The […]

Cares Act May Offer Welcome Relief to Retirement Account Owners ~ From Brian Tewksbury

Cares Act May Offer Welcome Relief to Retirement Account Owners ~ From Brian Tewksbury

Murphys, CA…Cares Act May Offer Welcome Relief to Retirement Account Owners Broadridge Investor Communication Solutions, Inc. does not provide investment, tax, legal, or retirement advice or recommendations. The information presented here is not specific to any individual’s personal circumstances. To the extent that this material concerns tax matters, it is not intended or written to […]

Official George Floyd Memorial Fund Sets Records, Now at $13,682,100!

Official George Floyd Memorial Fund Sets Records, Now at $13,682,100!

Minneapolis, MN….The GoFundMe fundraising account for George Floyd’s family has set fundraising records! When the offline contributions are combined with the online his family has now raised over $14,000,000. Click on the image below to go to the fundraiser. From the GoFundMe profile…”On May 25, 2020, my life shattered as I learned of the tragic […]

Your Local H&Block Office is Providing Help as July 15 Filing Deadline Approaches

Your Local H&Block Office is Providing Help as July 15 Filing Deadline Approaches

Angels Camp, Valley Springs, Ione & Jackson, CA….Your Local H&Block Office is Open Ready to Serve!  In the past few months, we’ve changed the way we work. We’ve changed the way we live – shopping for groceries online, staying six feet apart in checkout lines, and helping kids with homeschooling. We’ve changed the way we […]

2.5 Million Jobs Returned in May, Unemployment Drops to 13.3 Percent!

2.5 Million Jobs Returned in May, Unemployment Drops to 13.3 Percent!

Washington, DC…Total nonfarm payroll employment rose by 2.5 million in May, and the unemployment rate declined to 13.3 percent, the U.S. Bureau of Labor Statistics reported today. These improvements in the labor market reflected a limited resumption of economic activity that had been curtailed in March and April due to the coronavirus (COVID-19) pandemic and […]

Weekly Jobless Claims Drop to 1,877,000. Still High But Dropping Steadily

Weekly Jobless Claims Drop to 1,877,000.  Still High But Dropping Steadily

Washington, DC…COVID-19 Impact The COVID-19 virus continues to impact the number of initial claims and insured unemployment. This report includes information on claimants filing Pandemic Unemployment Assistance and Pandemic Emergency Unemployment Compensation claims. In the week ending May 30, the advance figure for seasonally adjusted initial claims was 1,877,000, a decrease of 249,000 from the […]

Market Month for May 2020 from Brian J. Tewksbury

Market Month for May 2020 from Brian J. Tewksbury

Murphys, CA…The Markets (as of market close May 29, 2020) May saw several states and foreign countries ease restrictions put in place in response to the COVID-19 pandemic. As economies slowly picked up momentum, investors grew more confident in stocks, driving values higher. However, investor optimism was kept in check by sobering economic reports and […]

Rate Of Unemployment Claims Growth Slows, However 2,981,000 Initial Claims Filed Last Week

Rate Of Unemployment Claims Growth Slows, However 2,981,000 Initial Claims Filed Last Week

Washington, DC…In the week ending May 9, the advance figure for seasonally adjusted initial claims was 2,981,000, a decrease of 195,000 from the previous week’s revised level. The previous week’s level was revised up by 7,000 from 3,169,000 to 3,176,000. The 4-week moving average was 3,616,500, a decrease of 564,000 from the previous week’s revised […]

Worst Single Month Jobs Report in History as Unemployment Soars to 14.7 Percent

Worst Single Month Jobs Report in History as Unemployment Soars to 14.7 Percent

Washington, DC…Total nonfarm payroll employment fell by 20.5 million in April, and the unemployment rate rose to 14.7 percent, the U.S. Bureau of Labor Statistics reported today. The changes in these measures reflect the effects of the coronavirus (COVID-19) pandemic and efforts to contain it. Employment fell sharply in all major industry sectors, with particularly […]

Governor Newsom Announces Enhanced Workers’ Compensation Benefits & Extends Property Tax Deadliness

Governor Newsom Announces Enhanced Workers’ Compensation Benefits & Extends Property Tax Deadliness

Sacramento, CA…As California prepares to enter Stage 2 of the gradual reopening of the state this Friday, Governor Gavin Newsom today announced that workers who contract COVID-19 while on the job may be eligible to receive workers’ compensation. The Governor signed an executive order that creates a time-limited rebuttable presumption for accessing workers’ compensation benefits applicable […]

Monthly Market Update for The Markets (as of market close April 30, 2020) ~ Brian J. Tewksbury

Monthly Market Update for The Markets (as of market close April 30, 2020) ~ Brian J. Tewksbury

Murphys, CA…The Markets (as of market close April 30, 2020) April began on a sour note for stocks as each of the indexes listed here lost value. Economic reports reflected the negative impact of the COVID-19 pandemic. There were more than 700,000 jobs lost in March while total claims for unemployment insurance benefits soared to […]

The Fed Keeps Rates Near Zero, Will Use All Tools in Toolbox on Economy

The Fed Keeps Rates Near Zero, Will Use All Tools in Toolbox on Economy

Washington, DC…The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals.  The coronavirus outbreak is causing tremendous human and economic hardship across the United States and around the world. The virus and the measures taken […]

GDP Dropped 4.8% in First Quarter According to Advance Estimate

GDP Dropped 4.8% in First Quarter According to Advance Estimate

Washington, DC…Real gross domestic product (GDP) decreased at an annual rate of 4.8 percent in the first quarter of 2020 (table 1), according to the “advance” estimate released by the Bureau of Economic Analysis. In the fourth quarter of 2019, real GDP increased 2.1 percent. The GDP estimate released today is based on source data […]

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