MARKETWATCH FRONT PAGE We may be retrenching to the stock market-economy disconnect of the spring, and some analysts think something’s gotta give. See full story. I’m 63, my husband is 70, we’ll have $ 90,000 a year in retirement — how can we claim our Social Security benefits? Have a …
Read More »As Trump says he’s abandoned stimulus talks, renters and landlords face a financial cliff
President Donald Trump has quashed hopes for a new federal stimulus package before the presidential election in November. And that could leave America’s renters and landlords in a lurch. On Twitter TWTR, +0.26% Tuesday afternoon, Trump initially said that he had instructed his team to stop negotiating with Democrats until …
Read More »Asia Markets: Shares rise in Asia on hopes for U.S. stimulus as Trump leaves hospital
A general view of the Tokyo Stock Market(TSE) is pictured on October 01, 2020 in Tokyo, Japan. Yuichi Yamazaki/Getty Images Shares advanced in on Tuesday Asia after hopes for economic aid from Washington helped Wall Street recover its losses from the initial shock of learning President Donald Trump had tested …
Read More »: Pelosi threatens to keep House in session until fiscal stimulus deal done
WASHINGTON, DC – JULY 31: Speaker of the House Nancy Pelosi (D-CA) speaks during her weekly news conference at the U.S. Capitol on July 31, 2020 in Washington, DC. (Photo by Drew Angerer/Getty Images) U.S. House Speaker Nancy Pelosi said Tuesday she may keep the chamber in session, and House …
Read More »UK economy “quite likely” headed for more monetary stimulus – Bank of England official
A Bank of England official said Friday that he thought it “quite likely that additional monetary stimulus will be appropriate” in order for the British central bank to reach its official 2% annual inflation target. Michael Saunders, a member of the BoE’s rate-setting Monetary Policy Committee, said in a speech …
Read More »Asia Markets: Asian markets muted as traders warily await U.S. stimulus deal
Asian markets were little changed in early trading Friday, after stocks fell on Wall Street as the stalemate over a second coronavirus-aid plan continued to fester on Capitol Hill. Japan’s Nikkei 225 NIK, +0.17% was nearly flay, while Hong Hong’s Hang Seng Index HSI, +0.05% slipped 0.2%. The Shanghai Composite …
Read More »Trump’s stimulus orders don’t seem to be feasible or legal, experts say
President Donald Trump’s executive order and memorandums to provide relief during the coronavirus pandemic don’t seem feasible or legal, experts said Saturday. Trump made an end run around Congressional Democrats with an executive order and three memoranda aimed at boosting the economy, but analysts said the wording of the orders …
Read More »TaxWatch: Should I have gotten my stimulus check by now? Why some people are still waiting — and what to do about it
In Washington D.C., lawmakers are debating a second batch of stimulus checks in another coronavirus rescue bill. In Blairstown, N.J. Frank Natoli is scratching his head on news of the negotiations. “ ‘My first reaction was ‘second what?’ What about the first?’ ” — Frank Natoli, a software engineer still …
Read More »The Moneyist: ‘We, the qualifying taxpayers, should not have to suffer’: When will I receive my FIRST stimulus check?
Dear Moneyist, I feel I was unfairly denied the stimulus payment. In 2019, I made a total of $ 51,331. My filing status was “single, no children.” I was denied the stimulus payment on 4/10/20 because the IRS based my income on my 2018 taxes. I was permanently laid off …
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