Dear Moneyist, I have an estranged husband, and we have been living separately for years. He has been filing taxes jointly without my knowledge AND now he has received my stimulus money AND my kids’ stimulus money. I can’t hire an attorney because I’m poor, and I live in a rural area where there are […]
‘A child cannot, thank Heaven, know how vast and how merciless is the nature of power, with what unbelievable cruelty people treat each other. He reacts to the fear in his parents’ voices because his parents hold up the world for him and he has no protection without them.’ — James Baldwin, ‘Letter from a […]
U.S. stock-index futures pointed to modest gains Friday, as investors look to a labor-market report that could reflect soaring unemployment even as the data signals a decelerating pace of job losses in coronavirus-stricken America. How are benchmarks performing? Futures for the Dow Jones Industrial Average YM00, +0.66% YMM20, +0.66% were up 102 points, or 0.4%, […]
After Zoom Video Communications Inc. reported one of the most spectacular quarters in enterprise software history, investors expected a lot from Slack Technologies Inc. Too much, it turns out. Slack WORK, -4.91% sank nearly 15% in after-hours trading Thursday, moving back to the range it had last week before a run-up ahead of its earnings […]
J.C. Penney Co. Inc. said late Thursday it will be closing 154 stores in the near future as part of its “store optimization strategy” after filing for bankruptcy protection last month. The closings will begin after a June 11 bankruptcy-related hearing in Texas, the company said. It makes sense to reduce its footprint and focus […]
An enraged New York driver who allegedly rushed a group of protesters with two long blades attached to his arm, then chased them in his SUV, was arrested Thursday on suspicion of menacing and other crimes, authorities said. Frank Cavalluzzi, 54, of Queens, faces multiple counts of reckless endangerment, menacing and criminal possession of a […]
Attorney General William Barr said Thursday that it was “entirely appropriate” to forcibly remove protesters from the area surrounding the White House ahead of President Trump’s seemingly impromptu photo opportunity in front of St. John’s Church. “I think the president is the head of the executive branch and the chief executive of the nation and […]
For months Americans were cooped up at home, doing their part to slow the spread of the coronavirus. But in recent days tens of thousands of them have filled the streets in at least 380 cities and towns across all 50 states to protest police brutality and systemic racism — threats they believe are even […]
BERLIN — Germany adopted its second economic-stimulus package since the start of the coronavirus pandemic, bringing their total cost to €1.3 trillion ($1.5 trillion), by far the largest in Europe as a share of gross domestic product. The new bundle, agreed to on Wednesday after extensive talks between Chancellor Angela Merkel’s conservatives and their junior […]
The tide may finally be turning for European stocks, thanks in part to the aggressive tactics of the European Central Bank and long-awaited follow-through on the fiscal side of the equation from eurozone governments, analysts say. European equities have significantly underperformed their U.S. counterparts, including long-suffering small caps, over much of the past five years, […]