The numbers: American manufacturers grew in February at their fastest pace since the onset of the pandemic and are increasingly optimistic about the economy, a closely followed survey showed. The Institute for Supply Management said its manufacturing index climbed to a two-year high of 60.8% last month from 58.7% in January. …
Read More »Dr. Fauci on J&J COVID-19 vaccine: ‘I would have no hesitancy whatsoever to take it’
Dr. Anthony Fauci called all three U.S. coronavirus vaccines ‘highly efficacious.’ NBC Dr. Anthony Fauci has urged Americans not to turn their nose up at the COVID-19 vaccine they’re offered, and said all three vaccines currently available to Americans are “highly efficacious” in the battle against the coronavirus pandemic. The …
Read More »NewsWatch: As rising Treasury yields spook stock investors, March looms like a lion
MARKETWATCH FRONT PAGE After a frenetic February, investors are probably hoping that March holds true to its proverb: In like a lion out like a lamb. See full story. This CPAC ‘golden calf’ Trump statue is spurring backlash of biblical proportions Comments like ‘the GOP worship a golden crook’ spread …
Read More »NewsWatch: As rising Treasury yields spook stock investors, March looms like a lion
MARKETWATCH FRONT PAGE After a frenetic February, investors are probably hoping that March holds true to its proverb: In like a lion out like a lamb. See full story. This CPAC ‘golden calf’ Trump statue is spurring backlash of biblical proportions Comments like ‘the GOP worship a golden crook’ spread …
Read More »: COVID-19 has put ‘financially vulnerable’ Americans on even shakier footing
Millions of “financially vulnerable” Americans have grown even more vulnerable during COVID-19, with lower-income households more likely to have experienced declines in their financial well-being, according to new data released Thursday. A full half of financially vulnerable survey respondents — translating to about 17.5 million people — said they had …
Read More »What’s Worth Streaming: What’s worth streaming in March 2021: It’s time to watch some dumb but fun stuff
It’s time to blow off some steam and watch something stupid. March marks a full year since we’ve all been cooped up due to the pandemic, leaving many of us tethered to our TVs to an unhealthy degree. So after such a stressful year, consumers deserve to splurge a bit, …
Read More »The Moneyist: My sister put our mother in a nursing home, where she died of COVID-19. Should I take legal action against her or the care facility?
Dear Moneyist, My sisters and I disagree on most things, but never could I have imagined how our relationship would end. My parents put me down as the trustee and power of attorney for both their health care and finances in 1985, again in 2002 when they created a trust, …
Read More »Key Words: ‘Head-smacking craziness’ has reached new heights in today’s markets, says hedge-fund billionaire Paul Singer
“ ‘We believe that hindsight will show the champion of head-smacking craziness in the American stock market to be the period playing out right now.’ ” That’s billionaire Paul Singer of Elliott Management suggesting that the market for equities has pretty much jumped the shark, in a Jan. 28 letter …
Read More »Capitol Report: $1.9 trillion coronavirus aid package set to clear House late tonight
House Democrats hope to clear President Joe Biden’s $ 1.9 trillion economic package late Friday and send it on to the Senate, where it will face some changes. While Biden and House Democrats had hoped to use the bill — which will be immune to filibuster in the Senate — …
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