In Washington D.C., lawmakers are debating a second batch of stimulus checks in another coronavirus rescue bill. In Blairstown, N.J. Frank Natoli is scratching his head on news of the negotiations.“My first reaction was ‘second what?’ What about the first?” the 68-year-old software engineer told MarketWatch. The Internal Revenue Service has distributed approximately 160 million…

We have never needed consistent decency from the leaders our institutions more than we do now. What would Clayton Christensen say about this? Christensen, who died last January, is best-known for showing how new businesses can upend established industries and capture market share, often with deceptively simple and cheap products. This was called “disruptive innovation.”…

As President Donald Trump calls for another federal eviction moratorium, a new report has shed light on just how many Americans are facing housing insecurity as a result of the coronavirus pandemic and the associated economic downturn. Between 30 and 40 million people in the U.S. could be at risk of eviction in the next…

The bottle: Venturini Baldini Montelocco Lambrusco, $16.99 The back story: Remember Lambrusco? In the ‘70s and ‘80s, the Italian sparkling red wine was highly popular in the U.S., though it got little respect from oenophiles. The reason had to do with its sheer sweetness — it was less a wine and more like a carbonated…

With air travel down significantly this year due to the coronavirus pandemic, more people are venturing out the old-fashioned way by hitting the road in a car or RV. One positive aspect of this is that more families can include their pet when traveling. Whether it’s just a short day trip or a longer trek across…

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

Stocks and bonds may be in an asset bubble, as record-low interest rates and a tremendous increase in the money supply have sent prices soaring this year. Add gold, which has risen 35% to $2,049 an ounce Aug. 5, to the list. But Michael Cuggino, CEO of the Permanent Portfolio Family of Funds, says gold…

Rocket Companies RKT, , the parent company of mortgage lending giant Quicken Loans, has set the terms of its initial public offering.The company announced Wednesday night that it plans to sell 100 million shares at $18 each — both below initial estimates. In July, the company said it planned to offer 150 million shares priced…

For nearly two months now, the share of mortgage borrowers who has received approval to skip their monthly loan payments has fallen precipitously.But a new trend has begun to develop, which indicates that some homeowners are facing more financial pressure as the coronavirus pandemic continues. The percentage of Ginnie Mae loans in forbearance increased one…

With bond prices high and yields low, an income-seeking investor might wonder if it is even worth owning a bond fund these days.There are several reasons, underlined by the performance and characteristics of the Guggenheim Total Return Bond Fund, along with the possibility that interest rates may keep falling and stay low for many years.…