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‘Lifeline to workers’: Why Biden’s $1.9 trillion COVID-19 rescue plan isn’t coming a moment too soon

2021-01-14
By: Staff Writer

  On Thursday evening, President-elect Joe Biden said he will call for $1,400 stimulus checks and more vaccine funds as part of a $1.9 trillion COVID-19 relief plan. “President-elect Biden announced a proposed relief and recovery package that provides relief that is commensurate with the scale of the economic challengeRead More →

You might use Zoom for free, but companies are paying for it — pushing the stock to new heights

2020-08-31
By: Staff Writer

  Zoom Video Communications Inc. has become a household name during the coronavirus pandemic, with millions of people using its online-video service for free — but it still needs companies to pay for it in order to survive. On Monday, it proved that is happening — and then some. ZoomRead More →

Musicians have some choice words for Spotify CEO Daniel Ek, who says they should work harder

2020-08-02
By: Staff Writer

  Musicians have not taken kindly to comments made last week by Spotify Technology SA Chief Executive Daniel Ek that they need to work harder in the streaming age. The dramatic consumer shift in recent years from buying albums to listening to streaming music has crushed a major revenue streamRead More →

Netflix adds more than 10 million new subscribers and names Sarandos co-CEO, but stock is tanking

2020-07-16
By: Staff Writer

  Netflix Inc. logged another blockbuster quarter Thursday with the addition of 10.1 million new paid subscribers and a significant jump in revenue, and rewarded one of its most important executives with a promotion, but shares declined in after-hours trading on fears of slowing growth and a miss on profit.Read More →

Rethinking big city life? Here are 8 smaller places that still have the urban perks

2020-06-25
By: Staff Writer

Over the past few months, the COVID-19 pandemic has prompted many people to re-examine their living situations. Amid shutdowns, for instance, having easy access to open space — or a backyard at the very least — emerged as a new priority for many. Meanwhile, the economic turmoil accompanying the pandemic gave city-dwellers reason toRead More →

Investors are making big ‘BETZ’ on this online sports and gaming ETF

2020-06-21
By: Staff Writer

Investors have plowed money into a new exchange-traded fund that tracks the sports betting and online gambling industries, even as professional competition remains closed. It’s a sign, industry-watchers say, of confidence in the longer-term outlook for the sector, as well as a reminder that many people are substituting play inRead More →

My retirement income is $95,000 a year, and I want a walkable, affordable beach town to spend the winter. Where should I retire?

2020-06-13
By: Staff Writer

Dear Catey, My wife and I are 58. She will retire at 62 and I at 67. Our annual retirement income at 67 will be approximately $95,000 from Social Security, pensions and investments. We would like to find an affordable, friendly place to rent during the winter months, that isRead More →

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

2020-06-11
By: Staff Writer

I am in a tough moral situation and I don’t know what to do. My older sister and brother-in-law have been fighting about money for the past year or so. He is a big spender, not just for himself, but for the whole family, friends, and community. While they makeRead More →

‘Life in Iceland is almost back to normal again.’ How we fought coronavirus — and succeeded where others failed

2020-06-09
By: Staff Writer

Reykjavík — Life in Iceland is almost back to normal again. The curfews on gatherings and the social distancing mandates have been lifted; gyms, swimming pools and restaurants are reopening. Icelanders are traveling around the island again. Iceland will open its airports to tourism on June 15, and the peopleRead More →

My retirement income is just $16,600 a year, but I want to retire in a beach town ‘where the sky is blue and the water warm’ — where should I go?

2020-06-06
By: Staff Writer

R.S.R. Dear R.S.R., I hear you — it’s frustrating to read about people who get to live large in retirement when your reality (and frankly, most Americans’ reality) is very different. The average Social Security retirement benefit in 2019 was $1,470 a month or $17,640 a year, according to theRead More →

My estranged husband filed a joint tax return without my knowledge. He got my family’s stimulus payment — what can I do?

2020-06-04
By: Staff Writer

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 aRead More →

My children, aged 10 and 15, each received $1,200 stimulus checks — will the IRS penalize us if we keep them?

2020-06-01
By: Staff Writer

Dear Moneyist, I received three direct deposits yesterday for $1,200 each for my kids, all of whom are under 17. They are aged 10, 10 and 15. We already received our $2,400 stimulus check. My wife is on permanent disability and she receives a Social Security payment monthly for them.Read More →

Walt Disney World cancels dining reservations and stops taking new hotel bookings ahead of planned July reopening

2020-05-31
By: Staff Writer

When Disney DIS, +0.47% announced its plans to reopen its theme parks at Walt Disney World in Florida later this summer, officials warned travelers of changes to theme park operations. But now the company has gone further, cancelling dining reservations and other perks. And Disney fans say they’re reconsidering theirRead More →

The English Premier League has tested 2,752 players and staff for coronavirus. Here are the results.

2020-05-28
By: Staff Writer

Premier League clubs have agreed to start contact training as preparations intensify for the resumption of English football. As part of ‘Project Restart,’ players and staff are being tested for coronavirus twice a week, with those testing positive forced to self-isolate for seven days. Earlier this week the Premier LeagueRead More →

Wendy’s is roasting the competition ahead of its breakfast launch and analysts approve

2020-02-29
By: Staff Writer

Wendy’s Co. is known for its spicy Twitter feed, and the fast-food chain is turning up the heat on its competitors ahead of the launch of its breakfast menu. In the lead up, the company has taken aim at McDonald’s Corp. MCD, -2.79%  and Burger King, a Restaurant Brands InternationalRead More →

‘I’m worried that my daughter would blow through her inheritance.’ My family has a trust fund worth $6 million. Should I keep this money a secret from my kids?

2020-02-25
By: Staff Writer

Dear Moneyist,  My parents, who are now deceased, had a living trust with a provision for creation of a new trust that would allow my brother and I to share the income from that trust during our lifetimes. When we both die, the principal from that trust is to beRead More →

‘Devs,’ ‘Little Fires Everywhere’ and more: Here’s what’s new on Hulu in March 2020, and what’s going away

2020-02-25
By: Staff Writer

March will see the full integration of FX into Hulu, as well as a handful of high-profile new series. Following last year’s acquisition of Fox Entertainment assets by Walt Disney Co. DIS, -4.29%  , Hulu will now be the exclusive streaming home to most FX shows, past and present. WhileRead More →

I’m 40, will get a pension and have $60,000 saved for retirement. Should I borrow from it to pay off $17,500 in credit card debt?

2020-02-22
By: Staff Writer

Dear Catey, I am a 40-year-old law-enforcement officer and hope to retire in 13 or 14 years. At that time, I will have 30-plus years on the job with a pension giving me 70% of my current income with a cost-of-living annual percentage increase around 2% or 3%. Additionally IRead More →

‘My father has lived a life of crime and drugs. He threw away every opportunity we gave him.’ Now that he’s on disability, doesn’t he owe his kids something?

2020-02-16
By: Staff Writer

Dear Moneyist,  For most of his life, my father has lived a life of crime and drugs. He threw away every opportunity we gave him, financial or otherwise. He was never really around besides the odd note written on yellow legal paper that I would get from time to time,Read More →

A Roman goddess inspired this couple to leave Seattle and retire to Italy, where you can live on $3,000 a month

2020-02-15
By: Staff Writer

It was a goddess that inspired Sunny Bertollini to move to Italy. The 50-year-old herbalist, and her husband, Mark Hinshaw, a 72-year-old retired architect, had been coming to Italy on vacation for years. On one trip, they visited an ancient temple to Salus, a Roman goddess of health and well-beingRead More →

This is the cheapest time to visit Disneyland and Disney World

2020-02-14
By: Staff Writer

Depending on when you’re planning a traveling to Disneyland or Walt Disney World, your trip may have just gotten more expensive. Disney DIS, -0.97%  altered the pricing for single and multi-day tickets and annual passes at its two U.S. resorts this week. The change in prices comes as both DisneylandRead More →

‘I’m hurt!’ My husband of 5 years inherited his parents’ Californian home and didn’t put my name on the deed — what should I do?

2020-02-14
By: Staff Writer

Dear Moneyist,  We’ve been married for five years — happily, or so I thought. We have shared all our assets prior to our marriage, including our current accounts and bank accounts, etc. I continued to work for five years after we married, and I just retired at 65. My husbandRead More →

I’m 53, have $1.4 million in my 401(k), $150,000 in savings and my home is paid off. Can I afford to retire?

2020-02-14
By: Staff Writer

Hello Catey, I am a 53-year-old woman who is looking to retire within the next 18 months. I currently have a home that is paid for which I plan to use as a home base. Outside of that home, my assets are $150,000 cash savings and $1.4 million in myRead More →

The basketball shoe industry is being crushed by the athleisure wave

2020-02-12
By: Staff Writer

Michael Jordan changed the way basketball shoes were perceived when he signed his iconic Nike NKE, +2.98%  deal in 1984 and debuted the Air Jordan 1. Basketball shoes became so popular that they soon outgrew the court and were being worn as everyday shoes. For years, basketball shoes adorned withRead More →

‘We feel entitled to artificially inseminate a cow and steal her baby.’ Joaquin Phoenix’s Oscar speech will be welcomed by America’s growing army of vegans

2020-02-10
By: Staff Writer

Dairy milk got a bad reception at Sunday’s Academy Awards. Joaquin Phoenix took aim at dairy farming in his Oscars speech for Best Actor in a Leading Role for “Joker.” “We go into the natural world and we plunder it for its resources. We feel entitled to artificially inseminate aRead More →

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