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Happy Thursday MarketWatchers. Don’t miss these top stories:
Amid calls to defund the police, mental-health advocates say ‘the time is now’ to rethink public safety
About one-fifth of total law-enforcement staff time and 10% of law-enforcement agencies’ total budgets in 2017 went toward responding to and transporting people with mental illness.
Yes, America needs to brace itself for a second wave of coronavirus
Coronavirus cases in the U.S. have surpassed 2 million, and have risen by double-digit percentages in 16 U.S. states that have loosened restrictions since Memorial Day.
Should I tell my sister that her husband, a notorious spender, has a secret credit card?
‘My niece told me that her dad, my brother-in-law, has a secret credit card that my sister doesn’t know about.’
When a family member is struggling financially, here’s how to help without offending
These conversations terrify us because they surface our hidden emotions around money, writes Ramit Sethi.
Thousands sign petition asking Disneyland to delay July reopening following coronavirus shutdown — ‘Many people have lost loved ones’
Guests will be required to make reservations in advance, and they’ll have temperature screenings before entering the parks.
How the coronavirus pandemic could create a ‘ticking time bomb’ that worsens racial and income inequality in higher education
With colleges squeezed for revenue, persistent problems are likely to continue.
The Trump administration is preventing DACA recipients from getting federally-backed mortgages, Democratic lawmakers say
A group of Democratic lawmakers has called for an investigation into policy changes that have allegedly resulted in DACA recipients being denied FHA loans.
Mortgage rates are circling record lows — will the Fed’s actions push them lower?
The Federal Reserve plans to keep the interest rates it controls around 0% for the foreseeable future.
My estranged husband filed a joint tax return without my knowledge. He got my family’s stimulus payment — what can I do?
‘He has used the pandemic to commit emotional and economic abuse.’
The extra $600 Americans get in weekly unemployment benefits ends next month — here’s what lawmakers are proposing to replace it
Extending the extra $600 could create a disincentive to return to work, some lawmakers say.
Elsewhere on MarketWatch
Trump slams Fed as Dow dives more than 1,800 points
President Donald Trump criticized the Federal Reserve over Twitter on Thursday, one day after Fed Chairman Jerome Powell offered a grim outlook about the economy, saying there was a “long road” ahead.
Trump campaign to media: Stop ‘depriving voters,’ and air more Biden
Brad Parscale, Trump’s 2020 campaign manager, sent out an email urging the media to ‘stop protecting Biden.’
Apple to devote $100 Million to racial-justice initiative
Apple Inc. on Thursday said it would devote $100 million to a racial-justice initiative that aims to invest in education, economic equality and criminal-justice reform with a goal of increasing opportunities for people of color.
U.S. debt surged in first quarter, Fed data show
U.S. household and business debt surged in the first quarter, according to data from the Federal Reserve released on Thursday.
These 4 groups of funders are uniquely positioned to help close the racial wealth gap
Philanthropists, investors, corporations and individuals must do their part to promote and support diversity, writes Keisha Senter.
The U.S. ‘can’t shut down the economy again,’ Treasury Secretary Mnuchin says
The U.S. Treasury secretary on Thursday said the U.S. “can’t shut down the economy again” amid growing worries about a rise in coronvirus cases in states such as Texas and Arizona that were among the first to reopen after a two-month nationwide lockdown.
