Dear Moneyist, I didn’t want to put my parents at risk for Thanksgiving, so I booked a house on their street two months ago and stayed there for six days. My wife and I sequestered for another six days beforehand. Before we sequestered we both got COVID-19 tests, which were …
Read More »Weekend Sip: Weekend Sip’s 12 bottles of Christmas has gift suggestions for everyone on your holiday list
Woodford Reserve’s $ 2,000 Baccarat Edition bourbon comes in a handmade crystal decanter straight from Baccarat, France. Woodford Reserve Let’s put aside all the problems of 2020 and turn our attention to the holidays. That means it’s time to joyfully head off shopping for friends and family, for colleagues and …
Read More »The Margin: What was your ‘Oh, sh—!’ moment? People open up about when they first recognized the gravity of the coronavirus outbreak
Getty Images After eight long months, many of us read the gloomy coronavirus headlines these days through a certain numbness. For better or worse, we seem to be getting used to the dramatic death tolls, the suffocating restrictions, the mounting job losses and the ugly politics. But how about when …
Read More »: Abercrombie & Fitch is closing 7 flagships that account for 10% of global square footage but only 1% of revenue
Abercrombie & Fitch says the stores that are closing don’t accurately represent the brand. Abercrombie & Fitch Abercrombie & Fitch Inc. ANF, +1.49% will have seven fewer flagship stores by the end of January 2021, but the benefits to the business will far outweigh the loss. One store in Dusseldorf, …
Read More »Tax Guy: How you can use your IRA to invest in gold and other precious metals — and the federal tax implications
IRAs can invest in gold and other precious metals in several different ways — each way has advantages and disadvantages. Photo by David Gray/AFP via Getty Images The stock market is at levels that might be considered frothy, especially in these uncertain times. Some IRA owners and investors may be …
Read More »Key Words: CDC director warns the next three months will be ‘the most difficult’ in public health history
A trio of promising coronavirus vaccine candidates has raised hopes that America appears poised to finally turn the corner in the pandemic. But the head of the Centers for Disease Control and Prevention cautions that there’s still a cold, hard winter ahead. “ “December and January and February are going …
Read More »Key Words: The U.S. is at a ‘tipping point’ that could lead to civil war, warns the world’s biggest hedge-fund manager
Getty Images “ ‘The United States is at a tipping point in which it could go from manageable internal tension to revolution and/or civil war.’ ” That’s Ray Dalio, the billionaire founder of Bridgewater Associates, sounding the alarm in his latest LinkedIn post on the class and power struggles that …
Read More »Dispatches from a Pandemic: To slow down a killer virus, Spain breaks with decades-old Christmas traditions
The Four Seasons Hotel (pictured left) near Madrid’s Puerta del Sol on Nov. 17, 2020. Kollmeyer/MarketWatch For 41 years, families in the Spanish capital of Madrid have kicked off the Christmas holidays by gathering behind the big El Corte Inglés department store to watch giant, singing puppets. The store’s “Cortylandia” …
Read More »Health-care workers and nursing-home residents should be the first to get COVID-19 vaccine, CDC committee says
Health-care workers and nursing-home residents should be the first in line for the fast-approaching COVID-19 vaccine shots, a federal government advisory panel voted Tuesday. The Centers for Disease Control and Prevention’s Advisory Committee on Immunization Practices supported the recommendations in a 13-1 vote. The recommendations aren’t binding but they can …
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