Micron Technology Inc. shares rose in the extended session Wednesday after the Boise, Idaho-based chip maker’s earnings and outlook topped Wall Street estimates and its CEO defended its capital spending amid a worldwide chip shortage. Micron’s stock MU, +1.93% rose 3.5% after hours, following a 1.9% gain in the regular …
Read More »The Moneyist: Our best friends share our pandemic pod, but their spending is out of control. What can we do to help?
Dear Quentin, We have family friends that we’ve known since before we had kids several years ago. Since then we’ve gotten pregnant at the same time, weathered COVID-19 as a pod, and relied on each other for relationship and career advice. One thing that makes us sad, though, is seeing …
Read More »The Fed: U.S. economic growth could surpass China this year, and Democrats may be better off spending stimulus money on something else, Fed’s Bullard says
Could Democrats be fighting the last war and wasting money on another $ 1.9 trillion economic relief package? Perhaps, if St. Louis Federal Reserve president James Bullard is right. The Fed official thinks the economy is already set for a strong recovery in 2021. It’s possible U.S. economic growth could …
Read More »The Moneyist: I asked my fiancée, 30, to sign a prenup due to her spending. She refused. Would it be wrong to secretly put my assets in a trust?
Dear Moneyist, I’m a 28-year-old male marrying a 30-year-old woman. I have racked up about $ 100,000 in student-loan debt by earning two graduate degrees; luckily I obtained a finance job with unlimited earning potential, just heavy work hours, so I am not too worried about repaying my loans if …
Read More »Personal Finance Daily: Why more philanthropists are spending themselves out of existence, and here’s what Joe Biden’s coronavirus relief plan would prioritize
Hi there, MarketWatchers. Don’t miss these top stories: Personal Finance Nearly half of all professional women make this money mistake — and it’s easy to fix How to stop deferring to a partner on financial matters. Late director Joel Schumacher’s Greenwich Village condo just hit the market for $ 4.5 …
Read More »Personal Finance Daily: How much reduced unemployment benefits could slash consumer spending and when people with COVID-19 pose the greatest risk of spreading the virus
Hi there, MarketWatchers. Don’t miss these top stories: Personal Finance Will a vaccine protect me? Does sunshine help? These are the most widely shared COVID-19 myths and conspiracy theories Cold weather, snow, sunshine, antibiotics, vitamins and alcohol do NOT protect you from coronavirus. But what about goggles or wearing masks …
Read More »Here’s how much a reduction in extra unemployment benefits could slash consumer spending
Until July 31, some 30 million jobless Americans received an extra $ 600 a week in unemployment benefits on top of what they would have received from their state as part of the $ 2 trillion CARES Act stimulus package that was passed in March. As a result, the average …
Read More »Dispatches from a Pandemic: These millennials are spending their quarantine being of service others. Pull up a seat — and a sewing machine
They never get bored — there is far too much to do. Photographers Mercedes Jelinek, 34, and Lucy Plato Clark, 27, are self-quarantining together in Penland, N.C. They decided to use their skills to help medical workers who are battling coronavirus on the front lines, those with preexisting conditions, and …
Read More »The Moneyist: ‘My daughter has been chiding me for frivolously spending her inheritance. Now she won’t speak to me’
Dear Moneyist, My husband and I have five children: two are mine from a previous marriage and three are his. We raised all the children together and they refer to each other as siblings. I consider them all my children. They are all now in their 50s. My husband passed …
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