NewsWatch: Social Security recipients may be in for a rude awakening later this year

This post was originally published on this site

MARKETWATCH FRONT PAGE

There’s a larger problem: aligning retiree spending with Social Security checks See full story.

CNBC’s Jim Cramer: Elon Musk may be a ‘zealot’ but he’s ‘dead right’ about his decision to break the rules

Cramer joined President Trump and others in throwing his support behind Elon Musk and his controversial move to reopen Tesla’s manufacturing plant in Northern California despite county orders. See full story.

Are you still waiting on your stimulus check? Make sure you meet this deadline before noon on Wednesday

The IRS has already sent out 110 million direct deposit money transfers and nearly 20 million paper checks. See full story.

The hottest billion-dollar company you’ve likely never heard of has seen its stock surge 2,819% in the past year

A year ago, International Holdings was worth about $133 million. Now, its market value has reached an eye-popping $14 billion, thanks to a 2,819% explosion that makes it the top performer of all billion-dollar companies over the past year. See full story.

Consumer prices post biggest decline since 2008 as coronavirus puts clamps on inflation

One thing anxious Americans don’t have to worry about, with the COVID-19 pandemic shutting down large slices of the economy, is inflation. Consumer prices sank 0.8% in April to mark the biggest decline since the 2008 Great Recession. See full story.

MARKETWATCH PERSONAL FINANCE

Some people are upset that they didn’t receive a large enough check, while others have received two payments. See full story.