Personal Finance Daily: Will kids across America have to cancel camp this summer? and coronavirus is upending summer internships — how to make your mark if your internship is now virtual
Personal Finance Daily
Thursday’s top personal finance stories
Hi there, MarketWatchers. Stay safe and don’t miss these top stories:
Coronavirus is upending summer internships — how to make your mark if your internship is now virtual
People who have internships are more likely to secure a full-time job after graduating college, research suggests. But many internship offers are being rescinded amid the coronavirus pandemic.
‘These kids have been isolated socially and educationally’: Will kids across America have to cancel camp this summer?
‘If we don’t feel it’s safe, we have to commit to what we feel is right,’ said Joey and Lori Waldman, the owners and directors of Camp Blue Ridge.
In 3 steps, fold a T-shirt into a balaclava in 30 seconds (no elastic required)
Do you need a face mask in a hurry? This method is even easier and faster than the DIY mask video by U.S. Surgeon General Jerome Adams.
‘We will not have a vaccine by next winter.’ Like 1918 Spanish flu, CDC says second wave of coronavirus could be even worse
‘We will have coronavirus in the fall. I am convinced of that,’ Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, said Wednesday.
‘I recognize this weird silver lining of the terminal cancer experience.’ How metastatic breast cancer prepared me for the coronavirus pandemic
‘My baseline is ridden with so much uncertainty that I feel very prepared to handle this collective moment we’re in.’
New York is reminiscent of the Wild West ghost town of my youth — our country’s future depends on our collective fortitude
The Rolling Stones released ‘Living in a Ghost Town’ on Thursday, the band’s first original song since 2012.
Mortgage rates go up slightly as some lenders tighten restrictions on who qualifies for a home loan
Many banks and lenders have imposed more stringent requirements for new borrowers amid the economic uncertainty caused by the coronavirus pandemic.
Couples earning over $150K get less than $2,400 in their stimulus check. Is that unfair — or too generous? Readers weigh in
‘Kids are expensive and they eat a lot, not to mention medical and dental bills, especially now that school is out.’
‘As you get older, the physical stuff is hard.’ Meet the hospital cleaner on the frontlines of the coronavirus pandemic
Cleaners trained to sanitize medical facilities are getting more shifts, but that comes with its own challenges. ‘I’m not going to be rich, but I can manage to live,’ says hospital cleaner Don LeBlanc, Jr.
‘I’m terrified of losing everything I’ve worked for.’ This woman found a new job, bought a car, and was furloughed due to coronavirus
‘I just can’t fail anymore.’ Ashleigh Hanks fears for her health and financial stability amid the COVID-19 pandemic.
Elsewhere on MarketWatch
Debt, wealth destruction and lower pay will be coronavirus’ legacy
Financial fallout from the health crisis will widen the gap dividing rich and poor, writes Satyajit Das.
These states are loosening economic shut-down orders; Texas expected to announce new rules soon
States all have their own definition of ‘reopening.’ Here’s what’s happening in South Carolina, Georgia, Oklahoma and elsewhere.
House approves $484 billion bill that replenishes coronavirus aid program for small businesses
The Democratic-led House on Thursday voted overwhelmingly in favor of a measure that provides more money for a coronavirus aid program for small businesses. President Donald Trump is expected to sign the bill into law quickly.
Jobless claims jump another 4.4 million — 26 million Americans have lost their jobs to the coronavirus
The record surge of Americans applying for unemployment benefits is starting to recede, but another 4.4 million people filed new jobless claims last week to push the total above 26 million since the coronavirus pandemic laid siege to the U.S. economy a month and a half ago.
Watchdog calls Fed transparency pledge ‘a very good first step’
Bharat Ramamurti, a former aide to Sen. Elizabeth Warren who has been tapped to serve on the commission overlooking the government response to the coronavirus pandemic, called new Fed transparency rules ‘a very good first step.’