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Tag Archives: pause

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 …

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: 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 …

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: Biden administration to extend student loan payment pause on Day 1, transition officials say

Once in office, President-elect Joe Biden will extend the coronavirus-era payment pause on student loans, a member of his transition team told reporters Friday.  “On Day 1, the president-elect will direct the Department of Education to extend the existing pause on student-loan payments and interest for millions of Americans with …

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: Tesla to pause Model S, Model X production for 18 days: report

Tesla Inc. will shut down production at its Fremont, Calif., factory for 18 days starting Christmas Eve, CNBC reported over the weekend. Citing an internal email it obtained, CNBC reported Saturday that production lines for Model S and Model X vehicles will be shut down from Dec. 24 to Jan. …

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: Student loan payment pause extended through January 31

Borrowers will get one more month of reprieve from their student loans. photo by robyn beck/Agence France-Presse/Getty Images Student loan borrowers will get at least one more month of reprieve.  The Department of Education announced on Friday that Secretary of Education Betsy DeVos extended the coronavirus-era freeze on student loan …

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Europe Markets: After U.S. tech gains, European stocks pause as ECB decision awaits

(FILES) This file photo taken on March 12, 2020 shows flags of the European Union fluttering in front of the headquarters of the European Central Bank (ECB) in Frankfurt am Main, western Germany. daniel roland/Agence France-Presse/Getty Images European stocks were steady on Thursday, ahead of a European Central Bank decision …

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Key Words: Fauci says some states should pause reopening, but hopes to avoid another shutdown

Dr. Anthony Fauci said Thursday that the U.S. is not doing great at containing the spread of COVID-19, but stopped short of saying parts of the country might need to shut down again. “ “I don’t think you can say we’re doing great. I mean, we’re just not.” ” — …

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Market Snapshot: A pause after the plunge? U.S. stock futures rise, suggesting Tuesday gains

Stocks on Wall Street plunged Monday, but futures trading suggests a rebound — or a least a respite — on Tuesday. Dow Jones Industrial Average futures YM00, +0.73%   rose more than 200 points on Tuesday, while S&P 500 futures ES00, +0.84%  gained 0.8% and Nasdaq Composite futures NQ00, +1.20% …

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