The best credit cards for freelancers

Picking the right credit card can help you get the most out of your freelance business or sole proprietorship.
Picking the right credit card can help you get the most out of your freelance business or sole proprietorship.

— Our editors review and recommend products to help you buy the stuff you need. If you sign up for a credit card after clicking one of our links, we may earn a small fee for referring you. However, our picks and opinions are independent from USA TODAY’s newsroom and any business incentives.

If you freelance, run a sole proprietorship, moonlight as a Task Rabbit, Uber driver or Postmates delivery person, or otherwise work for yourself, there’s plenty to love about your flexible schedule and the control you have over work projects.

The downside? You also have to foot the bill for all your small-business expenses, from travel to taxes and office space. In other words, your money has to stretch in several directions.

I’m a freelancer who has been working

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Buy 5 Business Services Stocks Ahead of Q2 Earnings Next Week

We are in the middle of the coronavirus-stricken second-quarter 2020 earnings season and the results so far are highly disappointing mainly due to the lockdowns.

Coronavirus-induced devastations haven’t spared any sector and business services has suffered significantly. Nevertheless, a handful of business services companies are set to beat second-quarter earnings estimates next week.

A Brief Review of Q2

U.S. GDP plunged 32.9% in second-quarter 2020, marking its worst-ever quarterly decline, with the previous nearest low witnessed in the second quarter of 1921. Notably, in the first quarter, the economy declined by 5% year over year.

Economic activities were way below last year in the second quarter since lockdowns continued for nearly two months till the third week of May. Meanwhile, by mid-June, all 50 states reopened their economies in some form or the other.

However, a second wave of COVID-19 in some states since the second half of June forced

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In Ohio and nationwide, Joe Biden is better for Black business

OPINION: Biden’s common-sense plans will support Black entrepreneurs and small businesses as they recover and look to the future

Joe Biden plans to grow and strengthen Black-owned small businesses in Ohio and nationwide. Through his Build Back Better and Lift Every Voice plans, Biden will invest billions in the resources Black small business owners can leverage to drive their own success.

The former vice president will ensure access to credit and capital for Black businesses by doubling funding for community development financial institutions (CDFIs) and the state small business credit initiative that funds local lending. Biden will improve and expand the small business administration programs that most directly serve Black-owned small businesses, including the small business development centers, the SBA Microloan Program, and the 7(a) loan program.

Read More: Joe Biden to name VP running mate first week of August

As President, Biden will make permanent the Community Advantage Loan

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Senior Executives Quit China Wealth Fund Over Pay, Opportunities

(Bloomberg) — China’s sovereign wealth fund is losing senior-level talent at one of the worst possible times.

Three of China Investment Corp.’s top executives have resigned since April, leaving the $941 billion fund without some of its most experienced managers during a period of historic volatility in global markets. The departures add to a steady exodus in recent years that has included at least 17 team heads and managing directors.

Conversations with former and current managers point to shrinking opportunities, sliding compensation competitiveness and rising restrictions, all of which erode CIC’s attractiveness as a government-owned institution trying to operate as a market-based investor. The departures have now become significant enough that they threaten to hurt the fund’s returns, according to Li Jie, head of the foreign reserves research center at Beijing’s Central University of Finance and Economics.

“There’s no doubt that CIC’s appeal to talent in the market has been

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