The Market

Stock and bond markets in the U.S. will be closed Monday, January 18 in observance of Martin Luther King, Jr. Day, offering traders a short break from what’s already been a hectic year. The Securities Industry and Financial Markets Association, or Sifma, has recommended that bond markets close for the …

“ ‘President-elect Biden’s relief and recovery proposal would be a lifeline to workers and their families.’ ” — Josh Bivens, director of research at the EPI On Thursday evening, President-elect Joe Biden said he will call for $ 1,400 stimulus checks and more vaccine funds as part of a $ …

California’s Supreme Court ruled Thursday that the test the state adopted for determining worker classification is retroactive, which could have big implications for gig companies like Uber Technologies Inc. and Lyft Inc. The “ABC test” was determined in a state Supreme Court decision in 2018, called Dynamex, and was later …

Dear MarketWatch,  I just turned 38 and my husband is 44. We don’t have a company retirement account, or individual one. He’s self employed and my last company didn’t have benefits. My husband cashed out savings (from previous job) for an emergency years ago. I have $ 15,000 in a …

The coronavirus situation in the U.K. is far more pervasive now than in March when the country first locked down. When U.K. Prime Minister Boris Johnson announced the country’s first lockdown on Mar. 23, 2020, there were 967 new cases. Even in the two months that followed, the highest daily …

CNBC’s Jim Cramer, citing a famous quote from Alexander Haig, recently told his co-host David Faber that Reddit, not Citigroup C, +0.28%, was “in control.” He then used a “Rock, Paper, Scissors” metaphor to hammer home his point. “Citi’s paper, OK? Reddit’s scissors,” Cramer said. Cramer and Faber were discussing …

This article is reprinted by permission from NextAvenue.org. Jay Gamel, 76, still talks about his Northern California home in the present tense, as if nothing had happened. “The place is a paradise by any measure,” says Gamel, who is semiretired. “The mountains are beautiful, the surroundings are gorgeous. It’s a postcard.” …

Dear Moneyist, I’m a 28-year-old male marrying a 30-year-old woman. I have racked up about $ 100,000 in student-loan debt by earning two graduate degrees; luckily I obtained a finance job with unlimited earning potential, just heavy work hours, so I am not too worried about repaying my loans if …

Republican Mitch McConnell, the Senate majority leader, has told associates that he believes President Trump committed impeachable offenses, according to a report Tuesday in the New York Times. Citing people characterized as familiar with McConnell’s thinking, the paper said McConnell, who has thus far maintained a disciplined silence about Trump’s …