Personal Finance Daily: Democratic-controlled Senate could reinstate extra $600 weekly unemployment, and federal regulators want to overhaul home appraisals — here’s how that could hurt both buyers and sellers

Hi there, MarketWatchers. Don’t miss these top stories:

Personal Finance

IRS gives one shot at sending out a second $600 stimulus check — here’s what to do if you miss it

The IRS 'Get My Payment' tool has one phrase you don't want to hear.

Millions of families had no financial cushion to last three months — and that was before COVID-19 struck

'These "net-worth poor" households have no assets to withstand a sudden economic loss, like we have seen with COVID-19,' said a study co-author.

Federal regulators want to overhaul home appraisals — here’s how that could hurt both buyers and sellers

A federal financial regulator has sought input on how to modify the appraisal process for loans backed by Fannie Mae and Freddie Mac.

Vaccine distribution will take ‘better part of a year’: Democratic-controlled Senate could reinstate extra $600 weekly unemployment

The $300 extra in weekly unemployment and other CARES Act programs are likely to get extended under a Democratic-controlled Senate, experts say.

‘Families across America watched in horror’: How to talk to your kids about the storming of the Capitol

It's already been months of convulsing current events for kids to process.

10 Biden tax plans that will sail through a Democratic-controlled Senate — and how to prepare for them

Tax Guy weighs in on President-elect Joe Biden's major tax plans with a Democratic-controlled Senate.

My coworker owns 10 homes, 9 of which are rented. How did he get a stimulus check while I didn’t?

‘I happened to have inherited my mother’s house, so if I don’t qualify, that’s fine. I’m working.’

Americans are losing confidence in the housing market as COVID-19 pandemic rages on

Sellers are growing more hesitant about whether now is a good time to sell, which could hurt home sales in the coming month, a new report suggests.

My sister became my father’s power of attorney, took out a reverse mortgage, and drained his equity. What can I do?

‘She installed a camera and she moved down the street so, if visitors like myself went to his house, she would show up immediately.’

Why it’s gotten harder to buy a second home

Buyers are hot on second homes, but lenders aren't.

Elsewhere on MarketWatch

Brazilian president says his country is ‘broke’ — here’s why

Brazilian President Jair Bolsonaro said that he couldn't ‘do anything’ about it, laying the blame on what he called the ‘press-fueled’ coronavirus pandemic.

Extremists posted plans of Capitol attack on social media

Several websites that analysts say are hotbeds for far-right and racist ideology hosted numerous chat threads urging Trump supporters to ‘storm the Capitol’ on Jan. 6.

Britain and EU headed for financial services showdown

A major chunk of trading in euro-dominated shares has been moving from London to European continental exchanges since the beginning of the week, after the U.K. left the European Union single market.

Biden denounces storming of Capitol: ‘One of the darkest days in the history of our nation’

President-elect Joe Biden on Thursday blasted Wednesday's storming of the U.S. Capitol by a mob of President Trump's supporters, with his remarks coming at an event at which he introduced his nominees for the Justice Department.

What to know about the 25th Amendment as calls for President Trump’s removal grow louder

Following the riot on Capitol Hill in Washington on Wednesday, an increasing number of Republican officials have called for President Trump to be removed from office using procedures outlined by the 25th Amendment to the Constitution.

Let's block ads! (Why?)

January 08, 2021 at 12:26PM

http://www.marketwatch.com/news/story.asp?guid=%7B115C2C3B-69CF-4869-BA04-7F30B408F7EF%7D&siteid=rss&rss=1