It’s ‘no fun’ to be a small fund manager most of the time, Jan van Eck says — but right now is an exception

In the world of exchange-traded funds, the big keep getting bigger, not just drawing more of the investing pie but also making a mark on how the industry defines itself. Meanwhile, several funds with exposure to commodities have spent the past several weeks blowing up.For all that, Jan van Eck, CEO of a small family…

‘I felt violated.’ This man says he was fired for ‘gross insubordination’ for refusing to reveal his mother’s COVID-19 diagnosis

Christopher Wells believes his employer didn’t have any business seeing his mother’s COVID-19 test results. Now he’s out of a job and suing his prior company, alleging wrongful termination.In a case highlighting thorny issues on medical privacy and public health during the coronavirus outbreak, Wells filed a lawsuit earlier this month alleging Enterprise Rent-A-Car went…

As 30 public companies vow to keep $100 million in CARES Act loans, here are tax changes America needs right now

The COVID-19 pandemic demanded quick and drastic federal government intervention to save jobs and keep the economy from going into a total tailspin. But the legislative process was quick and dirty — with all the inevitable errors, omissions, and unintended consequences. You know that’s true when the Los Angeles Lakers and the Ruth’s Chris Steak…

5 million student-loan borrowers may see their credit scores fall after CARES Act paused loan payments — ‘It’s another battle’

On a Saturday morning earlier this month, Brooke Evans was participating in a conference via Zoom ZM, -0.56% when a distraction popped up. An email from Credit Karma, a company consumers can use to access their credit score, notified her that a remark had been added to her credit report via Equifax EFX, +0.22%, the…

With over 35 million people filing for unemployment since March, $1,200 stimulus checks are only a Band-Aid for Americans

More than 130 million stimulus checks are already winding their way to millions of Americans. They’re a key part of the government’s $2.2 trillion CARES Act, but furloughed and laid-off workers say a maximum $1,200 payment is not nearly enough to see them through what could be an even bigger economic crisis than the Great…

These money and investing tips can help you navigate financial markets as economies reopen

Don’t miss these top money and investing features: These money and investing stories, popular with MarketWatch readers this past week, offer ideas about how to manage your financial portfolio and invest strategically as pandemic restrictions ease and markets adjust to the reopening of the U.S. and global economies. INVESTING NEWS & TRENDSYour 401(k) won’t be…

Now I totally get why my father was so frugal

My father had plenty of habits that irritated my mother. But nothing irritated her more than “Marty being cheap.” As a child, I didn’t understand it either. For instance, my father turned off the lights in rooms that people had just left. Sometimes we were leaving just to come right back in, but whenever he…

Your 401(k) won’t be enough for retirement

In light of the continuing pandemic, Congress has temporarily changed the rules on hardship withdrawals from your 401(k). It’s easier to take money out penalty-free, up to $100,000, and you can pay it back and avoid the tax hit. But should you even think about raiding your 401(k) plan? Vanguard, the investment firm founded by…