Personal Finance Daily
Thursday’s Personal Finance Stories
Happy Thursday MarketWatchers. Don’t miss these top stories:
Asymptomatic children who contract COVID-19 may ‘shed’ coronavirus for weeks
New insights into coronavirus transmission among children shed light on the pandemic at an important time for families, communities and public-health officials.
‘A man cave on wheels’: My husband’s RV is his pride and joy — but he owes $75,000 on it. If he dies, am I liable?
‘My concern is that, if something happens to him, I will end up with a lien on my home.’
My father left me money for a house — and my husband put his name on the deed. How do I ensure it goes to our kids?
‘When his mother passed away, he received an inheritance of $8,000. I was never told about this money, and he spent all of it.’
‘We can’t let our guard down’: Scientists say some children could spread COVID-19 even if they have antibodies
‘With most viruses, when you start to detect antibodies, you won’t detect the virus anymore. But with COVID-19, we’re seeing both.’
Do you wear a face shield or mask with valves to protect against COVID-19? Watch this video experiment first
Teachers and students are returning to schools and colleges — sometimes wearing face shields in lieu of masks.
‘My brother was my best friend’: He moved into my late father’s home, changed the locks and blew through his money. Should I pursue criminal charges?
‘He and his wife were in serious financial debt prior to dad’s death. When I confronted my brother he blocked me on social media, and has refused to talk to me ever since.’
45 states have been approved to offer $300 extra in unemployment benefits — only 6 have started to distribute it
An executive order by President Donald Trump called for distributing an additional $300 in weekly unemployment benefits from a $44 billion fund set aside for disaster relief.
Mortgage rates remain below 3% — but rising home prices are threatening to push buyers out of the market
Even with interest rates at record lows, someone buying the typical home today will have a larger monthly mortgage payment than they would have if they bought a year ago.
After Apple and Tesla’s stock splits, read this before jumping in
A stock split is a financial ‘non-event,’ but it’s ‘a huge event from a psychological perspective,’ experts say.
Should Black and Latino people get priority access to a COVID-19 vaccine?
The CDC told states that they should be ready to distribute a coronavirus vaccine by Nov. 1
Elsewhere on MarketWatch
Biden meets with Jacob Blake’s family during Wisconsin trip
Democratic presidential nominee Joe Biden began a visit to the battleground state of Wisconsin on Thursday by meeting with the family of Jacob Blake, the Black man whose shooting by a white police officer sparked days of sometimes violent protests.
Pelosi wants to keep fiscal stimulus, government shutdown talks separate as lawmakers eye September free-for-all
Septembers in Washington in even-numbered years usually follow a well-worn script. One party raises the prospect of a government shutdown, the other dismisses it, followed by haggling and a deal by Sep. 30.
U.S. likely added 1.2 million job in August, economists say, but hiring has slowed
The U.S. economy’s long journey back to recovery appears to have taken another step forward in August as more people returned to work, but growing evidence suggests companies are rehiring workers at a slower pace compared to earlier in the summer. Here’s what to watch on Friday in the pivotal U.S. jobs report for August.
France launches €100 billion stimulus plan to avoid ‘economic collapse.’ It may even help Macron get re-elected
The French government on Thursday announced a new stimulus plan for a total of €100 billion ($120 billion) designed to take the economy out of the COVID-19 doldrums.
Facing immense pressure, Facebook had no choice but to ban new political ads week before election
Facebook Inc.’s first action to limit political advertising in the U.S. with a ban of news ads in the week preceding the Nov. 3 elections comes amid unrelenting criticism that its platform fuels misinformation and is a haven for far-right groups.
Is this ‘the beginning of the end?’ Billionaire Bill Ackman shares his thoughts on the big market retreat
Billionaire hedge-fund giant Bill Ackman was asked on Thursday whether the nasty market rout that dragged the tech-heavy Nasdaq Composite down 5% is about to usher in a dark stretch for stocks. His answer was no. But also, maybe.
Just $5 and an iPhone can open the door to investing in the world’s rarest fine wines
Rally’s wine offerings will have a combined value of $148,000 and include a ’05 Chateau Latour and 2016 Chateau Petrus
Vanguard opposes a tax on Wall Street its founder John Bogle favored — and the reason may surprise you
A financial transaction tax won’t harm Main Street investors, but it does impact traders and big shareholders, writes Michael Edesess.