Dear Moneyist, My husband is 67 years old with an estate worth $ 2 million. His first wife died. He has a severely handicapped daughter and we signed a prenup when we married three years ago. He has a sister who is a year older than I am. I am …
Read More »Market Snapshot: Biden’s ‘rescue America’ plan is big. How its trillions could help both Wall Street and Main Street
As Americans hunker down and wait to get vaccinated, the toll of the coronavirus pandemic keeps rising. Its costs, both in lives and livelihood, prompted President-elect Joe Biden on Thursday to propose another $ 1.9 trillion “first step” spending package to help combat the carnage of the pandemic, even before …
Read More »: Gov. Cuomo to embrace online betting — says New York could be ‘largest sports wagering market in the United States’
New York Gov. Andrew Cuomo has decided to push for online sports wagering in his state. “New York has the potential to be the largest sports wagering market in the United States, and by legalizing online sports betting we aim to keep millions of dollars in tax revenue here at …
Read More »NewsWatch: Here’s why the Georgia runoff elections for the U.S. Senate could turn into a ‘big deal’ for markets
MARKETWATCH FRONT PAGE The looming Georgia runoff elections next Tuesday could inject volatility in a high-flying stock market that has mostly looked past politics in favor of the brighter economic outlook next year. See full story. Yes, it’s possible to save too much for retirement You may miss out on …
Read More »: Biden’s China priorities could be challenged by the landmark new EU-China investment treaty
After seven years of negotiations, the European Union and China agreed in principle on a landmark investment treaty that the 27-member bloc says will level the playing field for European investors in China. The agreement was reached on Wednesday after a final call between Chinese President Xi Jinping and European …
Read More »NewsWatch: What could rattle markets in 2021, even as vaccines are rolling out
MARKETWATCH FRONT PAGE As a brutal year draws to a close, Wall Street is optimistic about 2021 as the first round of COVID-19 inoculations take place, even though plenty still could go awry. See full story. Fed lending dispute resolved, Capitol Hill eyes coronavirus stimulus votes Sunday Democratic Congressional leaders …
Read More »Capitol Report: Mike Pence could ‘go rogue’ when Congress counts electoral votes, election experts warn
The campaign by President Donald Trump and his allies to cast doubt on the legitimacy of the November elections has dealt long-lasting damage to U.S. democracy and will set up the nation for more drama on Jan. 6, when Congress formally tallies the electoral votes for president, election experts said …
Read More »Brett Arends’s ROI: This $3,000 dog could be a perfect gift for Grandma Are robot pets the future of elder care?
I’ve been fostering a puppy during the lockdown, and he’s quite a character. He has boundless energy and is forever exploring the apartment — over and over again. He barks at things randomly, like the Merriam-Webster Dictionary on the bookshelf. And the kitchen sink. He loves being petted. Sit him …
Read More »Market Extra: Bank workers could get COVID vaccines before most Americans
The American Bankers Association is seeking vaccine prioritization for bank tellers and frontline community-bank employees. An earlier version of this story suggested that the industry group was seeking a broader prioritization for the financial industry, including traders. The story has been corrected. Frontline bank employees could get a shot in …
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