Hope you’re staying safe and healthy, MarketWatchers. Here are today’s top personal finance stories:
We’re not supposed to touch, but it’s OK to take a helping hand if you are struggling as a result of the coronavirus pandemic
The lifelines being extended as a result of the pandemic are no different than the disaster relief provide after an earthquake or tornado.
‘I could be home for 3 weeks. I could be home for 4 days. I have no idea.’ This plumber is struggling to pay rent, despite being an ‘essential worker’
‘I had some money in the bank to pay off the month. I have one little side job tomorrow, but that just still is not enough,’ says Rafael Nunez, a New York City plumber.
I didn’t feel well last month and asked my housekeeper to stay home. I am nervous about having her come back. She asked for unpaid wages. What should I do?
‘I would like to help her, but I thought she was self-employed and, therefore, knew her income would fluctuate.’
‘Coronavirus doesn’t care who you’ll vote for in November.’ My boss says the virus is a conspiracy and told me to work — even though I was just tested for COVID-19
‘I’m falling through the cracks. I worry that if I do get COVID-19 and die, my husband and children will have no recourse against this employer.’
Letter from New York: ‘When I hear an ambulance, I wonder if there’s a coronavirus patient inside. Are there more 911 calls, or do I notice every distant siren?’
‘I don’t have a yacht or a big pile in the country to retreat to. I love my adopted city, and I’m not going anywhere. I will ride this out.’
1 in 3 Americans say their stimulus checks won’t sustain them for even a month
Roughly 3 in 4 Americans from all wealth brackets say the coronavirus has hit their household income
Nurse at Brooklyn hospital on coronavirus protective clothing: ‘It’s a garbage bag. It’s like something out of the Twlight Zone’
‘I don’t think any of us going through it will ever be the same.’
7 signs of a bad credit card
There are cards that take advantage of those with bad credit. Watch out for these red flags.
10 ways to get a coronavirus skeptic to take the pandemic seriously: ‘Anecdotes are much more convincing than statistics’
What if someone in your life is part of the small sliver of the population that isn’t taking the threat of the pandemic seriously?
‘As you get older, the physical stuff is hard.’ Meet the hospital cleaner on the frontlines of the coronavirus pandemic
Cleaners trained to sanitize medical facilities are getting more shifts, but that comes with its own challenges. ‘I’m not going to be rich, but I can manage to live,’ says hospital cleaner Don LeBlanc, Jr.
Elsewhere on MarketWatch
The Fed staff’s worst-case scenario: No recovery until next year
The Federal Reserve staff’s worst-case scenario for the economy is no recovery until next year, according to minutes of the central bank’s two policy meetings in early March, released Wednesday.
How healthy are not-for-profit hospitals amid the coronavirus pandemic?
The business of hospitals in the U.S. municipal sector may wind up just as strained as the hospital wards it helps finance.
A warning for Atlanta and other potential hot spots: Pollution is linked to higher COVID-19 deaths
Dying from COVID-19 is more likely for stricken residents of U.S. counties with higher levels of long-term air pollution, according to a study released this week by Harvard’s T.H. Chan School of Public Health.
Pelosi and Schumer peg further small-business aid to additional help for hospitals, states
As Republican lawmakers and the Trump administration push for additional coronavirus aid for small businesses, top Democratic lawmakers on Wednesday want that assistance to get packaged with more money for health-care institutions, state and local governments and food-stamp recipients.
Bernie Sanders exits Democratic presidential race: ‘The path toward victory is virtually impossible’
Bernie Sanders on Wednesday announces that he is exiting the Democratic presidential race, in a move that leaves Joe Biden as the last man standing in a contest that once had more than two dozen contenders.
Another 6 million workers likely filed jobless claims in early April as record layoffs mount
Another record-breaking number of Americans may have applied for unemployment for the third week in a row, potentially pushing total job losses due the coronavirus pandemic to more than 15 million.
Coronavirus stock-market volatility is creating the largest daily price swings since 1929 crash
Daily U.S. stock market volatility is no illusion. Analysts at Bespoke Investment Group note that average daily price moves over the past five weeks are the largest since the aftermath of the 1929 crash.
Here’s what Goldman Sachs is telling wealthy clients to do in this market
President Donald Trump told reporters at the White House coronavirus press briefing on Monday that he sees “a tremendous light at the end of the tunnel” amid the pandemic. Clearly, Silvia Ardagna, managing director in the investment strategy group within Goldman Sachs private Wealth Management, agrees with him.