Personal Finance Daily
Friday’s top personal finance stories
Hi there, MarketWatchers. Don’t miss these top stories:
Losing the extra $600 unemployment benefit may not have stopped Americans from spending money, J.P. Morgan credit card data shows
‘We see little sign that the benefit expiration has marked a major turning point for the overall economy,’ one J.P. Morgan economist said.
What’s an SOS advance directive? What medical ethics experts think and who is using them
Not since the 1918 pandemic has this country contemplated rationing vital medical resources on a wide scale.
As Louisiana recovers from Hurricane Laura, here’s what homeowners should know about the fine print in their insurance policies
Standard homeowner’s insurance doesn’t cover damage from some types of natural disasters.
Is this the bottle that will finally convince Americans to drink a classic Chinese spirit?
The Ming River brand hopes to find new fans for baijiu, a decidedly funky sip.
More than 30 states are preparing to distribute an extra $300 in unemployment benefits — but how long will that last?
Unlike the earlier $600 extra unemployment benefit, some 1 million unemployed Americans will be ineligible for this $300 weekly boost.
35 states have been approved to offer $300 extra in unemployment benefits — only 6 have started to distribute it
An executive order President Donald Trump signed Aug. 8 calls for distributing an additional $300 in weekly unemployment benefits from a $44 billion fund set aside for disaster relief.
Mortgage rates fall once again — but rising home prices mean that buyers shouldn’t expect savings
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.
These ‘We Build the Wall’ donors say they aren’t victims of fraud: ‘I hope I get to donate again’
Federal prosecutors allege that former Trump adviser Steve Bannon and other leaders of the online fundraising campaign duped donors and took more than $1 million in donation money for their own use.
Why some say shaming college students is ‘unfair and counterproductive’ to preventing COVID outbreaks
‘If students are afraid that they’re going to get punished, then it’s going to make them less likely to disclose that they have been at risk,’ one expert said.
Elsewhere on MarketWatch
White House’s chief of staff says they have offered $1.3 trillion for coronavirus aid deal
Mark Meadows, the White House chief of staff, said Friday he had offered $1.3 trillion to House Speaker Nancy Pelosi for the size of the next big coronavirus stimulus package.
Main Street uncertainty — still astronomical despite stock-market boom — is toxic for U.S. economy, expert says
High levels of uncertainty on Main Street are threatening to choke the U.S. economic recovery, a top academic told the Jackson Hole economic summit on Friday.
Gun sales have skyrocketed since March — here are 3 reasons why
Americans feel buying a gun is a way of asserting and maintaining independence.
The Fed might never hike rates again. Here are growth stocks for the long run, according to one strategist
The Fed’s change of policy goals makes it almost inevitable that the next five years will be dominated by a Japan-like environment of low nominal yields, boosting growth stocks, one strategist argues.