Should I have gotten my stimulus check by now? Why some people are still waiting — and what to do about it

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’d all be better off in business and in life if we followed the teachings of this revered professor

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.”…

Calculating America’s eviction crisis: Up to 40 million people are at risk of being kicked out of their homes

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…

Why some people are still waiting for their stimulus check — and what to do about it, and landlords must notify tenants about eviction proceedings in multi-family buildings, housing regulator says

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:…

The number of Americans skipping mortgage payments is falling — except among these borrowers

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…

This $20 billion bond fund produced outsized returns by capitalizing on market turmoil, and is set to do it again

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.…