Car insurance can cover you on the open road, but long-term coverage may not always be necessary. If you only need to be covered for a short amount of time, a temporary car insurance policy could be the better option. However, before purchasing this type of policy, it’s important to understand how it works and
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Andrew Harrer | Bloomberg | Getty Images Check out the companies making headlines after the bell:  Snap — The social media company’s stock fell 5% in extended trading after itreleased its second-quarter financial results. The company reported a loss of 9 cents per share, in line with Refinitiv analysts’ estimate, and revenues of $454 million, compared to analysts’
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Kevin O’Leary told CNBC on Tuesday the U.S. government should not establish more relief programs for businesses impacted by the coronavirus and instead allow market forces decide which companies survive.  “As a result of the pandemic and people’s changes in purchase behavior, there is a new America emerging and the only way to feel that out
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Mike Pompeo, US secretary of state, has urged Britain to join a “broad alliance” against China as the UK government faces new pressure to impose sanctions on Chinese officials responsible for the oppression of Muslim Uighurs. Amid growing geopolitical tensions between western nations and Beijing, the top US diplomat held “candid” meetings with Prime Minister
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Accrued Expenses vs. Provisions: An Overview In accounting, accrued expenses and provisions are separated by their respective degrees of certainty. All accrued expenses have already been incurred but are not yet paid. By contrast, provisions are allocated toward probable, but not certain, future obligations. They act like a rainy-day fund, based on educated guesses about
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Seven-year-old Hamza Haqqani, a 2nd grade student at Al-Huda Academy, uses a computer to participate in an E-learning class with his teacher and classmates while at his home on May 01, 2020 in Bartlett, Illinois. Scott Olson | Getty Images Last year at this time, many Americans were taking summer vacations, ahead of their children’s
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Individual retirement accounts (IRAs) and annuities both provide tax-advantaged ways to save for retirement, but there are distinct differences between the two. For one thing, an IRA is not in itself an asset, it’s a vehicle for holding financial assets—stocks, bonds, mutual funds. In contrast, annuities are assets—specifically insurance products, designed to generate income. Key
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A coronavirus vaccine being developed by Oxford university and AstraZeneca has shown promise in an early trial. The vaccine generated “robust immune responses” and was “tolerated” among all patients in the study, AstraZeneca said on Monday. The trial, which involved 1,077 healthy adults, induced a strong antibody and T-cell response for at least 56 days,
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A debt restructuring proposal pitched by Nassau County Executive Laura Curran to combat a massive deficit caused by the coronavirus pandemic faces stiff opposition from the Republican-controlled legislature. Curran requires legislative approval for the Nassau Interim Finance Authority, the county’s longtime fiscal control board, to refinance existing debt over the next two years to achieve
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What Is a Disclosure? Explained in Plain English Disclosure is the process of making facts or information known to the public. Proper disclosure by corporations is the act of making its customers, investors, and any people involved in doing business with the company aware of pertinent information. Disclosures are at the center of the public’s
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