Dear Moneyist, Due to the 2020 global pandemic my wife and I have been concerned about indoor exposure to others. We are fortunate enough that we can work from home so we are always here, and no one else is allowed in our home. Because of this, we have tried …
Read More »Key Words: Dave Ramsey is against stimulus checks because ‘if $600 or $1,400 changes your life, you were pretty much screwed already’
Personal-finance guru Dave Ramsey says people need a $ 1,000 emergency fund. He also says that if a $ 600 or $ 1,400 stimulus check would be a lifeline for you during the current pandemic state of emergency, “you were pretty much screwed already.” The radio host and author argued against …
Read More »The Moneyist: I received a financial gift from my mother. I returned it to her 5 years ago. Now that we’re divorcing, my husband says half of that money belonged to him
Dear Moneyist, I received a gift from my mother several years ago. She transferred a substantial amount of money into a bank account under my name only. My husband persuaded me to add his name to the account several months later. The money was not touched for several years. No …
Read More »Key Words: ‘We’re in for a whole lot of hurt,’ Fauci says, warning U.S. needs ‘abrupt change’ to avoid winter coronavirus disaster
Dr. Anthony Fauci testifies on Capitol Hill on Sept. 23. Getty Images “ “We’re in for a whole lot of hurt. It’s not a good situation.” ” That’s Dr. Anthony Fauci, giving a stark warning that the coronavirus pandemic could get much worse in the coming months, in an interview …
Read More »Personal Finance Daily: Fauci tells Americans to ‘hunker down’ this fall and winter, and neighborhoods that were redlined are more vulnerable to COVID-19, research suggests
Hi there, MarketWatchers. Don’t miss these top stories: Personal Finance Fauci tells Americans to ‘hunker down’ this fall and winter: ‘It’s not going to be easy’ Coronavirus cases remain ‘unacceptably high’ as schools and restaurants reopen, and flu season approaches My fiancé wants me to give up my cushy six-figure …
Read More »‘We’re all in this together’: Dr. Fauci outlines how the U.S. can learn from other countries in the battle against COVID-19
What can the U.S. do differently? Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, delivered some blunt messages to the public during an online video interview with actor Matthew McConaughey. There are three key reasons why many island nations and Asian countries, such as New …
Read More »The Margin: ‘It was chaos!’ Students get suspended for posting pictures of packed halls — now the high school is closing after 9 people were infected
Last week, pictures of maskless students crowding the hall of Georgia’s freshly reopened North Paulding High School went viral and raised questions all over the internet as to whether getting kids back to school while coronavirus cases are still on the rise is a good idea. These are the kinds …
Read More »Economic Report: As many as 500,000 were furloughed without pay in the U.K. in May
A sign informing shoppers that the shop is temporarily closed is displayed outside a John Lewis store in Oxford Street, central London on July 2, 2020. (Photo by Ben STANSALL / AFP) (Photo by BEN STANSALL/AFP via Getty Images) ben stansall/Agence France-Presse/Getty Images Between 450,000 and 500,000 people were furloughed …
Read More »We’re in a new paradigm for stocks, this analyst argues. Get ready for permanently higher valuations.
A new model for assessing stocks may include higher valuations, as the old paradigm is no longer valid, according to a research note from DataTrek Research on Tuesday. From about 1950 to 2000, according to Nicholas Colas, Co-founder of DataTrek Research, there was a fairly stable paradigm in place for …
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