Better-than-expected growth data gave the pound a boost on Wednesday, but that came at the expense of U.K. stocks, weighed by major oil companies and a poor debut for a highly anticipated initial public offering. U.K. gross domestic product rose 1.3% in the final quarter of 2020, versus the previous …
Read More »Dispatches from a Pandemic: What you need to know about COVID-19 vaccine passports — and the ‘double privilege’ dilemma they raise for society
Neil Schwartzman is used to getting vaccines in order to travel to exotic parts of the world such as the Great Rift Valley of Kenya and Ko Pha Ngan in Thailand. Over the past 30 years, he has meticulously maintained a vaccination record book to ensure he can safely visit …
Read More »Outside the Box: Here’s how you can save money on capital-gains taxes when you sell your home
You no longer must buy another home in order to claim the capital-gains exemption. An earlier version of this article incorrectly said you had to. Dear Ms. MoneyPeace: My first wife died in 2013 and I remarried in 2014. My will gives my wife my house. I have owned four …
Read More »The Moneyist: I’m 68, earn $130,000 and love eco-travel in Peru, Brazil and Africa. I want to travel while I can, but I’m scared to stop working
Dear Quentin, I’m a 68-year-old guy having just worked from home for a year because of the COVID-19 pandemic. I earn about $ 130,000 a year plus $ 35,000 in Social Security, and an additional $ 25,000 in capital gains from a small apartment house, and partnership interests. I have …
Read More »The Moneyist: My wife had a baby 3 months ago. She has $160,000 in student loans — and just asked for my ‘blessing’ to work part time
Dear Moneyist, My wife and I had our first baby 3 months ago. As the breadwinner, my wife just returned to work after 12 weeks of unpaid maternity leave. Our savings are a bit low and she is now “asking for my blessing” to work part-time. This is distressing to …
Read More »: Alphabet stock gets an upgrade amid ‘resilience and speedy recovery’ of ad business
The ability of Alphabet Inc.’s advertising business to bounce back amid the pandemic has one analyst hopeful about what’s yet to come. Stifel’s Scott Devitt upgraded Alphabet Inc. stock GOOGL, +1.04% GOOG, +1.00% to buy from hold late Monday, arguing that “the resilience and speedy recovery” of Google’s digital-ad business …
Read More »: CDC extends national eviction moratorium — but tenant advocates argue more help is needed
The U.S. Centers for Disease Control and Prevention has extended a nationwide ban on evictions for nonpayment of rent amid the COVID-19 pandemic. The moratorium, which was first announced under the Trump administration in September, will now last until June 30, 2021. The order was set to expire on Wednesday, …
Read More »: Cargo ship blocking Suez Canal partially freed
The massive cargo ship that has been blocking the Suez Canal for nearly a week has been partially freed, according to reports late Sunday. Maritime services provider Inchcape Shipping tweeted that “The MV Ever Given was successfully re-floated” early Monday, local time. “She is being secured at the moment. More …
Read More »Market Extra: Stock-market traders fixated on what ‘unprecedented’ Discovery, ViacomCBS selloff means for Wall Street
Stocks finished firmly higher Friday, capping a tumultuous week of trading in U.S. markets that concluded with the three main equity indexes booking weekly gains. But despite the upbeat note that the final full week in March delivered, strategists and market participants were chirping about a major block trade in …
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