Personal Finance Daily: Why California’s unemployment system devolved into chaos during pandemic and some customers will pay hundreds more for the new iPhone 12

Personal Finance Daily: Why California’s unemployment system devolved into chaos during pandemic and some customers will pay hundreds more for the new iPhone 12

16 Oct    Finance News

TGIF, MarketWatchers, don’t miss these top stories:

Personal Finance
Why California’s unemployment system devolved into chaos during pandemic

A new report examines the failures of California’s Employment Development Department to help residents obtain their unemployment benefits during the COVID-19 pandemic.

‘This is a moment in history when suicide prevention must be prioritized as a serious public-health concern’

Increased suicide rate during COVID-19 isn’t a ‘foregone conclusion,’ a new study says.

Trump says: ‘I’m ready to sign a big, beautiful stimulus’ — but many Americans are not banking on it

‘Without knowing when the next round of stimulus and relief measures will arrive, many people continued to keep their expenses low.’

Trump has faced a decade-long tax audit — here’s how long IRS audits usually take and who is more likely to get audited

President Trump described his audit as ‘very routine,’ but legal experts say it is quite unusual.

Some customers will pay hundreds more for the new iPhone 12. Here’s why

Customers in Europe will pay hundreds of dollars more for the new iPhone than their American counterparts, when it becomes available on October 23.

Dr. Fauci urges Americans to make sacrifices during the holidays: ‘Thanksgiving is going to look very different this year’

The veteran epidemiologist on voting in person: ‘It’s just as safe to go and get a cup of coffee in a Starbucks.’

New Yorkers don’t have much hope that the city will recover from COVID-19 anytime soon

The impact of COVID-19, the disease caused by SARS-CoV-2, continues to weigh most heavily on people of color in New York.

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Elsewhere on MarketWatch
How a contested election in key states could send the U.S. into a constitutional crisis

What you need to know now about the prospect of a contested election.

What will put the final nail in the fiscal stimulus coffin? The calendar, maybe

According to observers on and off Capitol Hill, the sheer logistics involved in a complicated, big package like the kind House Speaker Nancy Pelosi and Treasury Secretary have been trying to hammer out in recent weeks make it too late or almost too late to see it enacted by the Nov. 3 election day.

U.S. federal budget deficit soars to record$3.1 trillion in 2020

The U.S. government ran a budget deficit of $3.1 trillion in the fiscal year that ended in September in order to pay for the largest fiscal response to an economic crisis since the Great Depression of the 1930s.

Biden’s town hall drew more viewers than Trump’s, early TV ratings figures show

The two presidential candidates participated in simultaneous town-hall events on competing networks Thursday night

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