Happy Wednesday MarketWatchers. Don’t miss these top stories:
Coronavirus cases have risen 10% to 15% in 16 states: ‘People think because we hit Memorial Day and we have nice weather that it’s over. It ain’t’
‘If I were king for a day, brother, this would be run differently.’
Millions of African Americans and Native Americans were uninsured pre-pandemic: ‘Having COVID-19 is scary enough without worrying you’ll be bankrupted’
‘The pandemic is laying bare the lethal inequality of American society and American health care.’
This is how long the coronavirus pandemic could delay millennials’ homeownership
The economic downturn prompted by the viral outbreak put a huge dent in millennials’ savings, which will make it harder to gather the resources to purchase a home.
2020 could be an unprofitable year for rental properties. Here’s how to handle the taxes
If your rental property throws off tax losses, things can get complicated.
Did you move, even temporarily, because of coronavirus? Read this before filing your taxes
There’s a patchwork of laws applying to non-residents and remote workers.
Did quarantining hasten the end of your marriage? If so, avoid these tax pitfalls
Getting divorced can be a major financial transaction with major tax consequences.
The extra $600 Americans get in weekly unemployment benefits ends next month — here’s what lawmakers are proposing to replace it
Extending the extra $600 could create a disincentive to return to work, some lawmakers say.
When will I receive my stimulus check? I’m one of the 35 million people waiting, and I sent in my 2019 tax return this month
‘I fear it’s too late for me to receive my $1,200 stimulus check. The tax return deadline for 2019 was extended to July 15.’
How Iceland flattened the curve
‘Life in Iceland is almost back to normal.’ How we fought coronavirus — and succeeded where others failed.
Knowing these myths and truths about credit repair can go a long way to improving your finances
Several misconceptions cloud the reality of the process of credit repair and the potential for results.
Elsewhere on MarketWatch
Jobless claims likely rose by 1.6 million in early June, but the economy may no longer be a net job loser
The surprise rebound in U.S. employment in May would be more encouraging if the number of people applying each week for jobless benefits also showed a similarly welcome trend. At least 1.6 million applications for unemployment benefits were likely filed in early June.
Trump rejects renaming Army bases named for Confederate generals
President Donald Trump is rejecting the renaming of Army bases named after Confederate generals, even as top military officials said they are open to the idea.
‘Incidence of violence and inhumanity against blacks in this country must stop’ former AmEx CEO Chenault says.
Former CEO of American Express Ken Chenault delivered an impassioned message and appeal to businesses and at the start of a Barron’s Group event on Wednesday.
States continue to reopen after coronavirus lockdowns — More of New York City area is on the verge of opening
U.S. states all have their own definition of “reopening.”
Here’s Washington’s new fight over the small-business coronavirus bailout: what to do with leftover cash
Congress just found more than $100 billion in extra cash in its Paycheck Protection Program and one Republican senator already has an idea how to spend it: fix up businesses damaged by the riots sparked by the killing of George Floyd by Minneapolis police.
The government says there’s no inflation — except for the things people are actually buying
The absolute necessities in this coronavirus era — food and housing — are getting more expensive. It’s the things we can forgo that are cheaper.
Barstool Sports founder believes he’s a better investor than Warren Buffett and has determined day trading is ‘the easiest game’ there is
Did we just witness “an epic signal of a blow-off top”… ? Yes, says Gary Evans of the Global Macro Monitor blog who pointed to Barstool Sports founder Dave Portnoy as the reason why.
‘Most people don’t want to be called average,’ says Betterment’s Dan Egan, who designs financial tools for them anyway
MarketWatch spoke with the man who develops portfolios and interfaces for the biggest robo-advisor.
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