The numbers: Americans are still unsure how rapidly the U.S. economy will recover from the pandemic and restore millions of jobs that have been lost even as the rate of vaccinations speeds up, a new survey showed. The final reading of consumer sentiment in February inched up to 76.8 points …
Read More »Personal Finance Daily: Mortgage rates soar to the highest level in nearly six months and 6 million people aren’t eligible for a COVID-19 pause on student-debt payments
Hi there, MarketWatchers. Don’t miss these top stories: Personal Finance ‘I will continue happily shopping there forever’: Costco customers react to retailer’s new $ 16 minimum wage Some 180,000 U.S.-based Costco employees will begin earning $ 16 an hour starting next week, the warehouse retailer’s CEO announced Thursday. We put …
Read More »NewsWatch: The Fed and the promise of a vaccine aren’t enough to protect investors from a ‘reckoning,’ top economist warns
MARKETWATCH FRONT PAGE Mohamed El-Erian, president of Queens’ College University and economic adviser to Allianz, isn’t so sure the bull run will last and he explained why in a recent interview. See full story. Is COVID testing free? Where can I get a rapid test? Your complete guide to coronavirus …
Read More »: ETFs still aren’t active enough… but they’re getting there
iStockphoto One simple statistic goes a long way toward summing up the state of play in actively-managed exchange-traded funds: the share of all ETFs run by active managers has increased a whopping 50% over the past 12 months: to 3%, according to data from CFRA/Frist Bridge, from 2% last year. …
Read More »7 Myths about FHA Loans that Aren’t True
Myth #1. FHA Loans Are Only for First-Time Homebuyers Of course, FHA home loans are loved by first-time homebuyers because of their low down payment and credit score requirements. But, FHA loans are not just for first-time buyers. The Federal Housing Administration guarantees mortgage loans for all types of borrowers, …
Read More »NewsWatch: The numbers tell us the economy is better, but millions of Americans aren’t feeling it
MARKETWATCH FRONT PAGE The U.S. economy has kept growing despite a summer spike in coronavirus cases and the end of massive federal aid, but millions of Americans are either being left out or are in danger of being left behind. See full story. Apple’s launch event has one big unknown …
Read More »NewsWatch: The numbers tell us the economy is better, but millions of Americans aren’t feeling it
MARKETWATCH FRONT PAGE The U.S. economy has kept growing despite a summer spike in coronavirus cases and the end of massive federal aid, but millions of Americans are either being left out or are in danger of being left behind. See full story. Apple’s launch event has one big unknown …
Read More »These ‘We Build the Wall’ donors say they aren’t victims of fraud: ‘I hope I get to donate again’
Federal prosecutors have accused Steve Bannon, former adviser to President Donald Trump, and three others of misleading donors to the “We Build the Wall” campaign, but some who gave money to the cause say they’re not victims and would gladly donate again. Bannon, U.S. Air Force veteran Brian Kolfage, and …
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