Dear Quentin, My daughter was a TV starlet in her youth, and thanks to the magic of compound investing, has a large amount of cash on hand (approximately $ 1 million). She wants to take some of this money and make the down payment on a co-op or a condominium. …
Read More »Market Extra: Energy stocks and bonds shine after brutal slump, even as Biden moves to curb fossil fuels
About nine months ago, oil futures did a crazy thing and briefly crashed into negative territory, marking a low point of a historic bear market for the commodity. But this week, oil reclaimed its 12-month highs, with U.S. benchmark futures CL.1, +0.53% settling at $ 56 a barrel Thursday and …
Read More »: One of Biden’s first moves will be extending the student-loan payment pause through Sept. 30
Student-loan borrowers won’t have to resume payments on their federal direct student loans until October, the incoming Biden administration announced Wednesday. After he’s sworn in as President, Joe Biden plans to ask the Department of Education to “consider immediately” extending the coronavirus-era pause on student-loan payments and collections until at …
Read More »Coronavirus Update: U.S. moves closer to 200,000 daily COVID cases; Birx and Fauci urge Americans to follow safety measures over Thanksgiving
The global case tally of the coronavirus illness COVID-19 climbed above 57 million on Friday, and the U.S. moved closer to 200,000 cases in a day while setting a fresh record for hospitalizations as the virus continues to infect people in every state and region. There was disappointing news on …
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