Category: Markets

MARKETWATCH Top News

• Trump’s stimulus orders don’t seem to be feasible or legal, experts say
  President Donald Trump’s executive order and memorandum to stimulate the economy don’t seem to be feasible or legal, experts said Saturday.
• TaxWatch: Should I have gotten my stimulus check by now? Why some people are still waiting — and what to do about it
  Next week, an IRS watchdog agency will help track down stimulus payments for taxpayers facing certain scenarios.
• Americans’ household debt fell for the first time since 2014 — but that doesn’t mean people are paying off their loans
  The pandemic-fueled economic downturn hasn’t led to Americans going into default on their debts yet.
• Calculating America’s eviction crisis: Up to 40 million people are at risk of being kicked out of their homes
  The coronavirus pandemic has heightened deep-seated inequality in the nation’s housing market.
• The Moneyist: When will I receive my FIRST stimulus check? ‘We, the qualifying taxpayers, should not have to suffer’
  ‘I was the supervisor of the department that processed and reconciled parking citations. Since mid-March, the number of parking citations drastically fell due to the coronavirus pandemic.’
• Landlords must notify tenants about eviction proceedings in multi-family buildings, housing regulator says
  The Federal Housing Finance Agency is also improving online tools where tenants can see whether they’re eligible for protections.
• In One Chart: Feeling lax about wearing a face mask? These 3 charts may change that
  America’s COVID-19 death toll in the U.S. could reach nearly 300,000 by Dec. 1, according to a new projection.
• The Giving Pledge turns 10: These billionaires pledged to give away half their wealth, but they soon ran into a problem
  A group of billionaires including Bill Gates, MacKenzie Scott, Michael Bloomberg, Elon Musk and Mark Zuckerberg set a new standard for ‘public accountability for generosity.’
• Why are some people with coronavirus asymptomatic — and what makes them so contagious?
  Asymptomatic transmission ‘is the Achilles’ heel of COVID-19 pandemic control,’ one study says.
• NewsWatch: Stock-market expert sees a ‘monstrous’ rally taking hold next week, if one recent trend holds
  The best start to an August for the stock market in years might get even better, as soon as next week, if the forecast from Thomas Lee, founder of Fundstrat Global Advisors, is to be believed.