Day: September 15, 2020

You don’t have to pay your federal student loans right now, but here’s why you should

Part of American lawmakers’ sweeping stimulus efforts in response to the pandemic included federal student loan relief — meaning borrowers don’t have to make their student loan payments and won’t be penalized for nonpayments.



a person with a frisbee in front of a building: CHAPEL HILL, NC - AUGUST 18: A student walks through the campus of the University of North Carolina at Chapel Hill on August 18, 2020 in Chapel Hill, North Carolina. The school halted in-person classes and reverted back to online courses after a rise in the number of COVID-19 cases over the past week. (Photo by Melissa Sue Gerrits/Getty Images)


© Melissa Sue Gerrits/Getty Images
CHAPEL HILL, NC – AUGUST 18: A student walks through the campus of the University of North Carolina at Chapel Hill on August 18, 2020 in Chapel Hill, North Carolina. The school halted in-person classes and reverted back to online courses after a rise in the number of COVID-19 cases over the past week. (Photo by Melissa Sue Gerrits/Getty Images)

But if you’re carrying student debt and can still afford to pay the monthly loan, experts say you absolutely should.

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Under the CARES Act, borrowers aren’t required to pay federal student loan payments, and interest won’t be accrued on those loans. The temporary relief through the CARES Act was

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Is Standex International Corporation (NYSE:SXI) Trading At A 40% Discount?

Does the September share price for Standex International Corporation (NYSE:SXI) reflect what it’s really worth? Today, we will estimate the stock’s intrinsic value by projecting its future cash flows and then discounting them to today’s value. We will take advantage of the Discounted Cash Flow (DCF) model for this purpose. It may sound complicated, but actually it is quite simple!

Remember though, that there are many ways to estimate a company’s value, and a DCF is just one method. For those who are keen learners of equity analysis, the Simply Wall St analysis model here may be something of interest to you.

See our latest analysis for Standex International

Crunching the numbers

We are going to use a two-stage DCF model, which, as the name states, takes into account two stages of growth. The first stage is generally a higher growth period which levels off heading towards the terminal value,

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Canada added 245,800 jobs in August

Canada’s job market continues to recover, adding 245,800 jobs in August.

According to Statistics Canada, the vast majority (205,800) were full-time positions.

“Unlike July, job growth was titled toward full-time work, a sign that business conditions are gradually getting back to normal,” said Indeed economist Brendon Bernard.

“The boost from the reopening of previously shuttered sectors continued, with accommodation and food service, as well as other services, making outsized contributions to job growth, alongside a pop in education employment.”

The unemployment rate improved to 10.2 per cent, a decline of 0.7 percentage points. It hit an all-time high of 13.7 per cent in May.

After a string of gains in May, June, and July, employment is within 1.1 million of its pre-COVID February level. The number of workers affected by COVID-19 stood at 1.8 million, down from 5.5 million April peak.

Fewer people worked from home for the fourth straight

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