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Personal Finance Daily

Dec. 17, 2020, 4:53 p.m. EST

Why Robinhood’s $65M fine is a cautionary tale for retail investors and mortgage rates slide to fresh record low

Thursday’s top personal finance stories

By Elisabeth Buchwald

Stay safe, and don’t miss these top stories:

Personal Finance

‘You’re saving a penny to lose a nickel.’ Why Robinhood’s $65M fine is a cautionary tale for retail investors

The brokerage app isn’t admitting or denying the SEC findings.

Should you Airbnb your vacation home? Here’s what you need to know first

A recent report on second homes finds that of current second homeowners, about half use their home for personal use only, and 42.5% sometimes rent out their home as a short-term rental

‘Light at the end of the tunnel’: America’s nurses share their hope and relief as first colleague gets COVID-19 vaccine

More than 270,000 health-care workers contracted COVID-19 and 915 have died as of mid-December, according to the CDC.

Bad news for parents: Remote learning is here to stay for many K-12 schools

‘Even when kids are home because of snow, they’ll still be learning,’ New York Mayor Bill de Blasio said this week.

Mortgage rates slide to fresh record low as Fed holds steady

Buyers looking for a home this holiday season are getting the gift of cheap financing.

Walgreens and CVS are on a hiring spree looking to fill 35,000 jobs for COVID-19 vaccine rollout

On the job-posting site Indeed, the share of searches containing 'vaccine' jumped by 116% from Dec. 1 to Dec. 7.

‘No one likes to admit they’re struggling’: Americans are feeling guilty this Christmas about their finances. Here’s why

‘Sometimes you just have to swallow some pride, though, and do what’s best for you, especially in crazy economic times like these.’

Elsewhere on MarketWatch

Biden’s campaign manager walks back calling Mitch McConnell ‘terrible’ — and Republicans something much worse

Here is Jen O’Malley Dillon’s full quote, in context, which angered Marco Rubio and some other Republicans.

Coronavirus stimulus talks set to slip into weekend in Washington as hurdles remain

Senate Majority Leader Mitch McConnell warned on the Senate floor Thursday that it was "highly likely" lawmakers will need to stay beyond Friday and work into the weekend.

20 of analysts’ favorite large-cap stocks for 2021, including GM, Facebook and Salesforce

Most stocks on the list have underperformed the S&P 500 Index this year.

Trust is the secret sauce that Warren Buffett and others value highly in companies

Trust-based corporate cultures promote autonomy and accountability, writes Lawrence A. Cunningham.

Link to MarketWatch's Slice.