Personal Finance Daily
Published: Feb. 2, 2021 at 6:37 p.m. ET
Tuesday’s top personal finance stories
Hello, MarketWatchers. Don’t miss these top stories:Personal FinanceCouples’ money worries cast financial advisers in a new role: marriage counselor Resolving conflicts over spending and saving is tricky but often necessary.In 24-hour reversal, Cuomo says restaurant workers now eligible for COVID-19 vaccine ‘I’m leaving it up to local governments to determine what fits their situation,’ the New York governor said at a press conference.
Mayor de Blasio backs COVID-19 vaccines for New York restaurant workers New York’s restaurant workers should receive priority access to the coronavirus vaccine, Mayor Bill de Blasio said Tuesday.Community colleges and their students were already vulnerable. Then the pandemic hit Enrollment at community colleges typically grows during a recession. This downturn, it’s plummeted.ICE won’t make immigration-enforcement arrests at COVID-19 vaccine sites, DHS says ‘It is a moral and public-health imperative to ensure that all individuals residing in the United States have access to the vaccine,’ the statement said.‘I feel like she has joined some abusive cult’: My wife makes $25,000 and only gets 1.5% annual pay raises. What can I do? ‘I fear she is unmotivated to improve our financial situation, and will just stay with her abusive employer out of fear.’A $15 minimum wage could cut government spending on welfare programs by up to $30 billion, study finds The increased wages would funnel between $7 billion and $13.9 billion a year towards Social Security and Medicare, according to a new report.There’s ‘significant risk’ of mass utility disconnection soon — but these Americans may feel it most A major snowstorm just marched across the Midwest and East Coast. We were friendly with our neighbors for decades, until recently. One day, they introduced us to their financial adviser… ‘We dug trenches, poured concrete foundations, and worked to build our house; they hired contractors. They traded in cars frequently; we ran ours into the ground.’‘I have been plagued by enormous guilt and regret:’ I tried to care for my late father, but I gave up. How can I ever forgive myself? ‘He was a good father, except everything had to be his way. But I know I was a cruel and horrible son.’Elsewhere on MarketWatchTwitter has permanently banned the corporate MyPillow account after founder Mike Lindell posted from it The “MyPillow Guy” was personally banned from Twitter last week. Now his company’s corporate account is also suspended after Mike Lindell tweeted from it to get around his ban.U.S. to hit debt limit in late summer or early fall, according to think tank A Washington-based think tank said Tuesday it expects the federal government to run out of borrowing room in either the late summer or the early autumn of this year.To fix the economy and give workers a chance, Biden should replace the job-killing tax code President Biden’s economic proposals do not yet go far enough to address a major fault line in the tax code: the excessively favorable treatment of capital income.Lindsey Graham says ‘we’ll want the FBI to come in’ if Democrats call a single witness in Trump’s second impeachment trial The second impeachment trial of the now-former president begins in the Senate during the week of Feb. 8.Why the U.S. can sustain much higher deficits now, according to a Deutsche Bank economist Matthew Luzzetti, chief U.S. economist at Deutsche Bank, says there’s less of a need to worry about the red ink. Jeff Bezos to step down as Amazon CEO after record-smashing 2020 ends with first $100-billion quarter Amazon.com Inc.’s business hit a new level in 2020, and apparently it was enough to convince founder Jeff Bezos it was time to put someone else in charge.