Buck Bully
Recommended by staff
[USA TODAY, GETTYIMAGES] Persistent layoffs are slowing momentum in the labor market, which bodes poorly for the broader U.S. recovery as millions of out-of-work Americans delay their mortgage and rent payments. More than 6 million households failed to make their rent or mortgage payments in September, according to the Mortgage Bankers […]
[MarketWatch, Getty Images] Robinhood told users on Thursday, hours before the market open, to raise their cash buffers on several widely held stocks because they could face an account deficit. The trading platform said that to “help protect” customers from increased volatility before the US election, from Friday onward it […]
[The New York Times] Two new studies show the effect of the emergency $2 trillion package known as the Cares Act and what happened when the money ran out. WASHINGTON — After an ambitious expansion of the safety net in the spring saved millions of people from poverty, the aid is now […]
[Bloomberg] Even small pay raises can wipe out income-based public aid Policy creates a ‘perverse incentive’ to try to exit poverty Millions of low-income Americans are locked into poverty thanks to U.S. tax policy, Federal Reserve Bank of Atlanta researchers say. About a quarter of lower-income workers effectively face marginal tax […]
[CNBC, GETTY IMAGES] United Airlines posted a $1.8 billion net loss in the third quarter. The coronavirus continued to hit travel demand during what is normally the busiest travel season of the year. United was able to further trim its cash burn but still lost about $25 million a day […]
(CNN) Small gatherings are becoming a growing source of Covid-19 spread, a leading health expert said, as at least 36 states are now reporting increased cases of the virus and hospitalizations are on the rise nationwide. “In the public square, we’re seeing a higher degree of vigilance and mitigation steps in many jurisdictions,” […]
[CNBC, GETTY IMAGES] China bought 1.46 trillion yen ($13.8 billion) in medium to long-term Japanese government bonds on a net basis between April and July. That was 3.6 times more than the same period last year. In the same period, the U.S. increased its purchases by only 30%, in comparison. […]
[NBC NEWS, REUTERS] President Miguel Díaz-Canel said last week the country would end up with a single currency and exchange rate with the dollar, but did not specify a rate or the date of devaluation. HAVANA—Cuba’s economy minister has urged calm as the government prepares to unify its dual currency […]
[Fox Business, iStock] As a soon-to-be homeowner, one of the most important steps of buying a home is securing an affordable mortgage rate. To secure the lowest rates, you may have to negotiate. With that in mind, there are things home buyers should do when negotiating your mortgage rates. Armed with this knowledge, you […]
‘The trade is to wait for that trade’ ‘Within 18 months, it’s going to crack pretty hard. I think that you want to be avoiding it for the time being. When the next big meltdown happens, I think the U.S. is going to be the worst performing market, actually, and […]