This post was originally published on this site
MARKETWATCH FRONT PAGE
For every dollar spent on unemployment insurance, there’s a multiplier effect leading to a 1.64 increase in GDP, research shows. See full story.
Dow off nearly 150 points as investors await Trump remarks on China
Stocks lose ground Friday, with equities undercut by worries over a deterioration in U.S.-China relations while investors weighed the prospect for a bounce back in consumer spending after a sharp fall was reported for April due to lockdowns imposed by the coronavirus pandemic. See full story.
Record rise in unemployment casts a shadow over Trump’s re-election bid
If Americans vote their pocketbooks this November, it could be the end of Donald Trump’s short political career. See full story.
Don’t toss that junk mail in the recycling bin just yet — it might contain your stimulus check in the form of a prepaid debit card
The EIP Cards come in plain white envelopes, which some people have thrown away by mistake See full story.
Minnesota Gov. Walz apologizes for arrest of CNN reporter and team while covering Minneapolis protests
Minnesota Gov. Tim Walz has apologized to CNN President Jeff Zucker after CNN journalist Omar Jimenez and his team were arrested on live television early Friday while covering protests in Minneapolis. See full story.
MARKETWATCH PERSONAL FINANCE
Also, COVID-19 and creative accounting, stimulus debit cards and how early retirees are handling the coronavirus crisis. See full story.
