Personal finance

COVID-19 will cause twice as much homelessness as Great Recession and the No. 1 job in America that pays $100,000 a year

Personal Finance Daily

Published: Jan. 12, 2021 at 5:10 p.m. ET

Tuesday’s top personal finance stories

Here are Tuesday’s top stories:

Personal Finance COVID-19 will cause twice as much homelessness as Great Recession, study finds

Unemployed renters were spending virtually all of their unemployment insurance on housing costs before the latest stimulus.

‘I thought dentists had some of the best job security’: More dental students are having second thoughts

The average amount of debt dental school students take on is over $290,000.

With divorce news swirling: how will Kim Kardashian West and Kanye West divide up their real estate empire?

2021 is starting off with a big-time celebrity shake-up: Kim Kardashian West and Kanye West are getting divorced.

‘Deaths of despair’ during COVID-19 have risen significantly in 2020, new research says

They were disproportionately experienced by working aged men, driven in part by synthetic opioids such as fentanyl, according to Casey Mulligan, professor of economics at the University of Chicago.

‘The incoming Biden administration will be facing a mounting — not waning — crisis’

Layoffs rose to 2 million in November from 1.7 million the previous month, an increase described as ‘troubling’ by the Economic Policy Institute.

The No. 1 job in America that pays $100,000 a year — and it’s not in Silicon Valley

The annual ‘best jobs’ rankings are based on salary, openings, work-life balance, and stress level.

Telemedicine was used more for mental health than physical health when COVID-19 first hit

‘Prospects for an expanded role for telehealth may be better for behavioral health care.’

Elsewhere on MarketWatch Democrats eye Trump-era rule rollbacks, but their reach will be limited

Democrats on Capitol Hill are eyeing votes to roll back some of the Trump administration’s recently issue regulations, but the drawn-out post-election lame duck session means some of their targets will be unscathed.

Trump calls his pre-Capitol riot remarks ‘totally appropriate’ as House barrels toward impeaching him

President Donald Trump on Tuesday called remarks he made last week “totally appropriate,” as the House of Representatives was preparing to impeach him for a second time over accusations he incited violence at the U.S. Capitol.

U.S. Chamber’s CEO warns Biden administration on ‘excessive regulation or anticompetitive taxes’

The CEO of the country’s biggest business-lobbying group delivers an annual “State of American Business” address as the country loses jobs and the Biden era nears.

Hedge funds had their best year since 2009 but still can’t keep up with the stock market

Hedge fund managers couldn’t keep up with broader measures of stock-market performance, even in the most unsettled markets in a long time.

Source: https://www.marketwatch.com/story/covid-19-will-cause-twice-as-much-homelessness-as-great-recession-and-the-no-1-job-in-america-that-pays-100000-a-year-2021-01-12

Donovan Larsen

Donovan is a columnist and associate editor at the Dark News. He has written on everything from the politics to diversity issues in the workplace.

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