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Americans’ household debt fell for the first time since 2014 — but that doesn’t mean people are paying off their loans
The pandemic-fueled economic downturn hasn’t led to Americans going into default on their debts yet.
People are going blind and dying from drinking hand sanitizer: CDC
15 adults were hospitalized in New Mexico and Arizona for drinking methanol-laced sanitizer, and four died
When will I receive my FIRST stimulus check? ‘We, the qualifying taxpayers, should not have to suffer’
‘I was the supervisor of the department that processed and reconciled parking citations. Since mid-March, the number of parking citations drastically fell due to the coronavirus pandemic.’
Borrowers are still having their paychecks seized over defaulted student loans, even though the CARES Act was supposed to stop wage garnishment, lawsuit says
The CARES Act was supposed to halt wage garnishment for defaulted student-loan borrowers, but a lawsuit says it’s still happening.
Should I have gotten my stimulus check by now? Why some people are still waiting — and what to do about it
Next week, an IRS watchdog agency will help track down stimulus payments for taxpayers facing certain scenarios.
Smoking or vaping cannabis could cause strokes, heart attacks
American Heart Association warns against weed, calls on the government to allow more research.
Landlords must notify tenants about eviction proceedings in multi-family buildings, housing regulator says
The Federal Housing Finance Agency is also improving online tools where tenants can see whether they’re eligible for protections.
Mortgage rates fall to a record low for the eighth time this year, making buying a home more affordable for many Americans
While home buyers may have plenty of options for cheap financing, they won’t have much choice about what properties they can purchase.
Foreign buying of American real estate plunged before the pandemic — will COVID-19 push it even lower?
International buyers purchased the smallest number of existing homes in the U.S. since 2011 this past year.
$30 to watch ‘Mulan’ on Disney+ is either outrageous or an amazing deal, depending on who you ask
Many social media users are furious over Disney’s streaming plan for the live-action ‘Mulan’ remake
Elsewhere on MarketWatch
Trump administration seeks to force Chinese companies listed in U.S. to comply with accounting rules or delist
Chinese companies with shares traded on U.S. stock exchanges would be forced to give up their listings unless they comply with American accounting requirements under a plan recommended Thursday by the Trump administration.
Trump reimposes tariffs on Canadian aluminum, directs U.S. government to buy ‘essential’ drugs from American companies
President Donald Trump said he had reimposed some tariffs on Canadian aluminum and signed an executive order that requires the U.S. government purchase “essential” drugs from American companies.
Here’s why the massive explosion in Beirut will deepen Lebanon’s financial nightmare
The destruction of the port of Beirut on Tuesday will throw Lebanon deeper into the protracted financial crisis it has faced in recent months, which forced the country to default on a $1.2 billion eurobond in March.
Here’s what the Bank of England did to interest rates on Thursday — what’s next?
The Bank of England warned that the U.K. economy wouldn’t rise back to its 2019 level before the end of 2021.
This ‘dire’ economic situation ‘deserves to be called a depression — a pandemic depression’
Economists, cowed by the memory of the 1930s, are reluctant to use the word “depression” to describe the pandemic-induced economic downturn. But that’s what it is, warn economists Carmen Reinhart and Vincent Reinhart.