Tag: article_normal

‘Transformative’ money or just plugging budget gaps? Local governments discuss federal stimulus plans

As billions of dollars of federal stimulus money works its way to U.S. state and local governments, the people in charge of figuring out how...

Biden administration cancels $500 million of student debt of scammed students

Roughly 18,000 borrowers who were scammed by their college will have their federal student loans discharged, amounting to approximately $500 million in relief, the Department...

Why inflation could create a ‘giant wealth transfer’ from lenders to borrowers

Higher prices for rental cars, airplane tickets and uncooked beef roasts have economists and consumers wondering whether we’re living through the start of an inflationary...

CDC aligns with WHO on delta COVID variant; experts warn of higher risks of infection and serious illness

The Centers for Disease Control and Prevention has reclassified the delta variant of COVID-19 as one “of concern,” underscoring how much more prevalent the B.1.617.2 variant...

Start exercising at this age to save up to $1,874 a year on health care costs in retirement: report

Break a sweat in early adulthood to keep medical expenses from breaking the bank later in life.  That’s the key takeaway in an analysis of...

Vimeo CEO says momentum can continue past pandemic: ‘We’re looking to create a market that was never there’

Vimeo Inc. benefited during the pandemic as more companies turned to its video-software offerings as a way to keep their businesses running smoothly, and its...

‘There was extraordinary generosity’ — Americans gave a record $471 billion to charity in 2020

U.S. charities took in an estimated $471 billion in donations last year. But that record amount of charitable giving was fueled by more than people’s...

Should we rent out the apartment over our garage in exchange for free housekeeping?

Dear Quentin, My wife and I are both in our mid-70s and are unlikely to downsize from our present home, which has three bedrooms and...

Oracle stock falls despite earnings beat, CEO expects to push more money toward cloud efforts

Oracle Corp. blew away expectations for earnings and sales to close out its fiscal year Tuesday, but shares dipped as executives revealed plans to spend...

New York lifts nearly all pandemic restrictions as single-dose vaccination rate passes 70%

Seventy percent of adults in New York state have received at least one dose of the COVID-19 vaccine, clearing the way for the vast majority...

U.K. unemployment rate drops again, as British stocks open at highest level since February 2020

The U.K. unemployment rate fell to 4.7% in the February to April period, government data showed, marking the fourth straight month of declines after the...

Who benefits from salary transparency? Not everyone, new study suggests

If you’re shopping for a new car, most auto-experts would advise researching what consumers are paying for the car models you’re interested in before entering...

This is where older Americans find the most happiness

Ready for this one? Good things came out of the pandemic. A new study “The Four Pillars of the New Retirement: What a Difference a...

U.S. weekly IPO market braces for 15 deals, and home DNA-test maker 23andMe shares to start trading

An earlier version of this report said 23andMe would start trading Tuesday on the New York Stock Exchange. It will start trading on Thursday on...

Tens of thousands of public servants face delays accessing student-loan relief — due to a simple oversight

In 2007, the government promised teachers, social workers and firefighters that if they worked in public service and made payments on their student loans for...

Infrastructure talks are faltering but these stocks can still benefit from the Biden plan, Citi says

U.S. stocks look set to move higher on Monday, after the S&P 500 SPX, +0.19% notched its 28th record high of the year on Friday,...

G-7 recommits to clean-energy funds owed to developing nations, gets serious about 2030 targets

The Group of Seven most powerful nations on Sunday recommitted on cooperation to thwart climate change as they aim to nearly halve their greenhouse-gas emissions...

White House walks back Biden comments on cybercriminal swap with Russia

The White House on Sunday walked back comments from President Biden that he’d be “open” to exchanging cybercriminals with Russia. National Security Advisor Jake Sullivan told press...

Musk says Tesla sold about 10% of bitcoin to test market, and will ‘resume allowing crypto transactions’ when 50% of miners are green

Prices of the world’s No. 1 crypto on Sunday were trading sharply higher, as digital-asset bull Elon Musk said Tesla would resume allowing transactions at...

Court upholds Houston hospital’s mandatory COVID-19 vaccination policy — workers can refuse vaccine, but ‘will simply need to work somewhere else’

A Texas hospital system’s mandatory COVID-19 vaccination policy for employees can stand after a federal judge on Saturday dismissed a closely watched lawsuit from workers...

Mortgage rates fell over the past week, despite inflation hitting a 13-year high. What’s going on?

Benchmark mortgage rates slid over the past week, without any clear reason for a decline, continuing the reprieve for price-sensitive home buyers. The 30-year fixed-rate...

How tech companies are bringing workers back to the office: Slowly and with ‘social’ incentives

As they return to work, employees of website platform Contentful Inc. are getting an eyeful of their new offices in Berlin and Denver and a...

Chipotle’s upcoming launch of smoked brisket should make recent price hikes easy to swallow

Chipotle Mexican Grill Inc. has raised prices, but that shouldn’t stop the fast-casual Mexican chain from gaining market share, according to Wedbush analysts. “We instituted...

‘She is an enabler who refuses to admit it’: My mother sold her house to my brother and offered me 10% of the proceeds. Is that fair?

Dear Quentin, Picture it: North Carolina, May 2018. My grandfather passed away a few years ago and left a nice piece of property to his two heirs. My...

‘I have these really deep beliefs about stability and survival’: Anna Sale, host of ‘Death, Sex and Money’ podcast, on our evolving relationship to money

I recently found myself reflecting on this question after reading Anna Sale’s “Let’s Talk About Hard Things.” In the book, Sale, the host of the...