“ ‘If we do the social distancing properly we should be able to get out of this with the death numbers well short of that.’ ” That’s Microsoft MSFT, -0.92% co-founder Bill Gates referring to the projections that the U.S. could ultimately see between 100,000 and 240,000 deaths amid the …
Read More »The Moneyist: ‘These dogs have been kissed and cuddled by their owners.’ How is our pet salon still open when human salons are closed?
Dear Moneyist, I am a pet stylist. I feel most people would agree that my job definitely falls into the nonessential category and it is, in fact, on the list of nonessential businesses ordered closed by my state and by the town in which I work. The problem is, I …
Read More »Where Should I Retire?: ‘I’m 73 and fed up with California and want a gun-friendly, affordable city with good weather — so where should I retire?’
Dear Catey, I’m 73 and looking for a location outside of California (I’ve had enough of living there). What I would like is a gun-friendly environment with moderate temperatures and a lot of trees, which may mean a somewhat higher elevation. Need a low cost of living, as my primary …
Read More »American businesses are tapping their credit lines at the fastest pace ever
As business activity jerked to a halt in March, American companies began using the credit lines they took out from banks to stay afloat. The chart above shows the week-over-week changes in usage of what’s known as “commercial and industrial loans,” and as BCA Research analysts commented in a Tuesday …
Read More »The Moneyist: I’m a cashier at a truck stop. I have COPD, asthma and hypertension. I’m scared of coronavirus. Should I stop working?
Dear Moneyist, I am concerned about getting sick. I am a cashier at a truck stop in Minnesota. Drivers from all over the U.S. stop at our outlet. Currently, I’m working the third shift, so it’s not super busy. I wear gloves, I use sanitizer and I try to keep …
Read More »Personal Finance Daily: The CDC now says all Americans should wear masks — here’s a simple DIY approach and meet the hospital cleaner on the frontlines of the coronavirus pandemic
Stay safe, MarketWatchers, and don’t miss these top stories: Personal Finance The CDC now says all Americans should wear masks — here’s a simple DIY approach When you can’t buy a mask, make it yourself. Should all Americans be wearing face masks to protect against coronavirus? The CDC now says …
Read More »Coronavirus update: 1.04 million cases, 55,132 deaths and U.S. health care workers clamor for masks and gloves
The U.S. labor market showed further signs of damage from the coronavirus that causes COVID-19 on Friday as the global case tally continued to extend beyond a million and the death toll passed 54,000. Nearly four billion people around the world are now under some order restricting their movements, according …
Read More »Steel billionaire Gupta shuffles reporting dates at GFG Alliance
Since October 2019, several executives from Sanjeev Gupta’s sprawling GFG Alliance have promised in media interviews a set of consolidated accounts for the group’s Liberty steel businesses, due in early 2020, which would provide greater transparency and enhanced governance. Recent public filings show that the group is still fine-tuning the …
Read More »Dispatches from a Pandemic: I went to the grocery store in a balaclava — turns out, De Blasio now says ALL New Yorkers should wear homemade masks
NEW YORK — This week, I went to a grocery store in a balaclava. At the time, it seemed like a weird thing to do. I looked like the Invisible Man if he had a walk-in role on “A Clockwork Orange” or “Mad Max.” I wanted to cover my face …
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