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: CDC director warns against lifting mask mandates: ‘We are nowhere out of the woods’
The director of the Centers for Disease Control and Prevention said Sunday that it’s too soon to ease mask mandates and social-distancing rules, and warned the more contagious strain of COVID-19 first identified in the U.K. could be the dominant U.S. strain by the end of March. In an interview …
Read More »Key Words: Dave Ramsey is against stimulus checks because ‘if $600 or $1,400 changes your life, you were pretty much screwed already’
Personal-finance guru Dave Ramsey says people need a $ 1,000 emergency fund. He also says that if a $ 600 or $ 1,400 stimulus check would be a lifeline for you during the current pandemic state of emergency, “you were pretty much screwed already.” The radio host and author argued against …
Read More »The Moneyist: My ex-husband put his new wife on his life-insurance policy before he died, going against our divorce decree. Now she’s battling me in court
Dear Moneyist, I divorced my ex-husband in 2017. It was a difficult divorce, and later he quit paying child support and we were in a long court battle, which now continues after his death. The 2017 divorce decree stated my ex was to maintain the current life-insurance policy we had …
Read More »Peter Morici: The antitrust case against Facebook is bad economic policy
The Federal Trade Commission and 47 states are suing Facebook for allegedly squelching competition by acquiring startups, and seeking divestiture of Instagram and WhatsApp. The suits are without merit and bad economic policy. Facebook FB, -2.83% offers users a tool to create online bulletin boards where individuals, affinity groups and businesses can communicate personal news, collaborate, market products and …
Read More »: Cards Against Humanity skipped its annual Black Friday critique of capitalism and found something new
People have spending money on Lysol and Clorox during a year in which coronavirus has upended people’s lives. Cards Against Humanity eschewed its annual Black Friday stunt in light of the pandemic and protests regarding the killing of Black Americans by police. David Ryder/Getty Images For Cards Against Humanity, 2020 …
Read More »In One Chart: The smart money just reversed bets against tech stocks in a huge way
Buy or sell? Getty Images The 33rd anniversary of the “Black Monday” stock-market meltdown is upon us, and if hedge-fund managers are scared of history repeating itself, you certainly wouldn’t know it from the massive overhaul in their positions they’ve undertaken over the past week. Read: This is the last …
Read More »‘We’re all in this together’: Dr. Fauci outlines how the U.S. can learn from other countries in the battle against COVID-19
What can the U.S. do differently? Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, delivered some blunt messages to the public during an online video interview with actor Matthew McConaughey. There are three key reasons why many island nations and Asian countries, such as New …
Read More »Key Words: Fauci says Americans must do 3 things to win the battle against COVID-19
Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases for three decades and one of the leading experts on pandemics in the U.S. for the last four decades, dished out some harsh words to both the U.S. public and federal authorities. Fauci said SARS-CoV-2, the name for …
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