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July 10, 2020, 5:00 p.m. EDT

Goodbye, extra $600: Unemployment benefits won’t exceed former wages in next stimulus bill, Treasury’s Mnuchin says

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By MarketWatch

MARKETWATCH FRONT PAGE

Treasury Secretary Steven Mnuchin said Thursday the administration wants to cap enhanced unemployment benefits in the next coronavirus package to make sure workers do not get benefits amounting to more than their old wage. See full story.

The cost of Biden’s economic plan to the stock market is more than you might think

Higher taxes and more regulations would cut corporate profits. See full story.

‘It’s like trying to beat the casino’ — Rookie trader turns $15,000 into $1 million, then loses almost everything

Richard Dobatse talked with the New York Times about his painful experience trading stocks. See full story.

With resurgence of COVID-19 cases in the U.S., Trump signals rift with Fauci: ‘He’s made a lot of mistakes’

Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, said he has not briefed the president since June 2. See full story.

What the world could use now: a reset between the U.S. and China

The two leading superpowers could help heal the world as the coronavirus has damaged global economies. See full story.

MARKETWATCH PERSONAL FINANCE

Treasury Secretary Steven Mnuchin says the Trump administration’s policies gave ‘hard-working Americans’ a chance to give back to their communities. See full story.

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