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Personal Finance Daily: Did the extra $600 unemployment benefit stop people from job hunting and how home ownership rates have jumped to their highest level since 2008

Tuesday’s Personal Finance Stories. Read More...

Happy Tuesday MarketWatchers. Don’t miss these top stories:

Can my dog or cat get coronavirus? Can I kiss my pet? FDA video warns pet owners about spreading COVID-19

Here’s how to take care of pets during the pandemic

Did the extra $600 unemployment benefit stop people from job hunting? These Yale economists say they finally have an answer

Members of the Trump administration have argued that the extra $600 in unemployment benefits Americans are getting creates a disincentive to search for a new job.

My boyfriend is buying a house and does not want me to have equity. I’m moving in with him and selling my home — what should I do with the proceeds?

‘I don’t want to help pay the mortgage if I’m not receiving equity. I’m more than happy to pay for other things.’

I told my unemployed tenant about jobs. He said they don’t pay enough, and sits at home smoking weed. Now he wants a discount. What do I do?

‘Part of me doesn’t want to give him a discount since I work so hard and long hours, and he just hangs around being picky about work. Is that wrong of me?’

Republicans want to replace extra $600 unemployment benefit with 70% replacement wages — here’s why that could take months to implement

‘So many people receiving unemployment benefits are self-employed or are gig workers.’

Echoing Trump’s position, Fauci tells MarketWatch: ‘We should try as best as we possibly can to open up the schools’

The veteran epidemiologist reveals his one big lesson from the COVID-19 pandemic — and why he won’t fly or eat out.

The homeownership rate jumps to the highest level since 2008 — but looks could be deceiving

Many Americans have rushed to buy homes in recent months in order to take advantage of record-low mortgage rates, but other factors may explain the sudden surge in homeownership.

I told my family I boycott Chick-fil-A over its support of anti-LGBTQ causes — now they ‘like’ it on Facebook and go there for lunch

‘At best, the company’s stance is irrelevant to these particular siblings. At worst, these positions are a key reason for their support.’

Should I tell my sister that her husband, a notorious spender, has a secret credit card?

‘My niece told me that her dad, my brother-in-law, has a secret credit card that my sister doesn’t know about.’

After pausing indoor dining, California records over 10,000 new COVID-19 cases. Fauci says it’s more dangerous than outdoors — here’s why

‘We’re moving back into a modification mode of our original stay-at-home order,” Gov. Gavin Newsom, a Democrat, said. ‘This continues to be a deadly disease.’

Elsewhere on MarketWatch
Biden vows investment in Black-owned businesses as he unveils plan to fight systemic racism

Joe Biden on Tuesday unveiled a plan to fight systemic racism as president, calling for investment in Black-owned businesses and affordable housing.

There’s a ‘mania’ in stocks, but investors face an even greater danger, warns Nobel Prize-winning economist

Paul Krugman says the “fear of missing out” is driving this market ever higher, even though the risks continue to mount.

Donald Trump likes to say we’re making ‘tremendous progress’ — one look at this chart tells a different story

As Donald Trump sees it, progress in the fight against the coronavirus can be described in several ways. “Big! Tremendous! Exciting! Encouraging! Significant! Incredible!” Others might use “Not nearly enough!”

No income, no student loan payment? GOP proposal draws skepticism

Senate Republicans included a permanent change aimed at easing the burden of student loan repayments in their initial stab at another big coronavirus aid bill. But student-borrower advocates gave the idea a thumbs down.

Fed won’t be happy with how the economy is performing, but is not perturbed enough to take aggressive action

The Federal Reserve won’t like what it sees in the economic outlook but will likely hold off any further major policy steps at its meeting this week.

‘Trouble’s coming,’ warns short-selling legend who just cashed in a roughly $100 million winning bet

Jim Chanos, fresh off a huge win, is casting gloom over the current state of the stock market.

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