The Market

The U.K. on Wednesday became the latest country to sell bonds at negative interest rates, showing investor demand for government securities is so high than some are willing to pay for the privilege. According to the Debt Management Office, the U.K. auctioned £3.75 billion ($ 4.6 billion) of 3-year TMBMKGB-03Y, …

The fun stuff is getting more expensive during the pandemic. Yes, U.K. consumer price index growth slowed to 0.8% in April from 1.5% in March, which was a slight bit weaker than the 0.9% growth rise in a FactSet-compiled economist poll. A drop in fuel prices had the biggest impact. …

Glimmers of a new normal are emerging in New York City even as the five boroughs technically remain under state-mandated stay-at-home orders until at least May 28 — and more likely into the first part of June, Mayor Bill de Blasio re-emphasized on Tuesday.  “We still need at least a …

Older Americans nearing retirement age weren’t exactly in great shape financially when 2020 began, and now the economic tsunami caused by the coronavirus has made their situation even more perilous. When the year began, some 15 million Americans aged 62 and over were living in poverty. That’s now likely to …

The biggest economies in Europe are throwing their weight behind a 500 billion–euro ($ 545 billion) debt-backed plan to help the region recover from the devastating coronavirus pandemic. German Chancellor Angela Merkel and French President Emmanuel Macron jointly announced the plan, which will provide grants, rather than loans, for “the …

Neighborhoods in southeast Queens as well as Brooklyn have the highest death rates from COVID-19 in the city, according to data New York City’s health department made public for the first time on Monday afternoon.  The deaths by ZIP Code offer a new window into how the coronavirus has ripped …

“ ‘I think definitely you’re looking at a very strong third quarter, a very strong fourth quarter and probably a great next year. So I guess I disagree that it’s going to take all the way through the end of 2021.’ ” That’s White House senior adviser Kevin Hassett taking …

Dear Moneyist, My husband and I filed a joint income-tax return. I am aware that the stimulus check for a husband and wife is $ 2,400, and it will likely be one check. Unfortunately, my husband passed away on April 12 from COVID-19, and I have not yet received our …

“Pray for the best — prepare for the worst,” says “Rich Dad, Poor Dad’ author Robert Kiyosaki, who laid out in a tweet over the weekend how he suggests doing just that: The gloomy assessment is in line with what he’s been saying for a while. Clearly, he’s bullish on …