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Personal Finance Daily

Jan. 22, 2021, 5:30 p.m. EST

How much Biden’s free-college proposals could boost the economy and most Americans don’t know where to get a COVID-19 vaccine

Friday's top personal finance stories

By Jacob Passy

Hi there, MarketWatchers. Don’t miss these top stories:

Personal Finance

‘They are in this situation through no fault of their own’: Biden signs executive order to boost food benefits for poor Americans

12 million Americans receiving Supplemental Nutrition Assistance Program (SNAP) benefits will see an increase under President Joe Biden's executive order.

Existing-home sales rise slightly, despite buyers’ struggles with falling inventory

Buyers are being forced to pay higher and higher prices because of the lack of homes for sale.

’60 Minutes’ correspondent Scott Pelley sold his Connecticut mansion at a loss

"60 Minutes" correspondent Scott Pelley has finally sold his Darien, CT, home for a loss.

‘This is sheer economic waste. We distributed our $1,200 stimulus to our church:’ Why did we get these checks instead of poor Americans?

‘We do not light our fireplace with $100 bills, but we are comfortable.’

We were friendly with our neighbors for decades, until recently. One day, they introduced us to their financial adviser…

‘We dug trenches, poured concrete foundations, and worked to build our house; they hired contractors. They traded in cars frequently; we ran ours into the ground.’

My 70-year-old partner of 16 years refuses to put his bank accounts into both our names. What should I do?

‘In 2008, we lost virtually everything in the Great Recession, and have rebuilt our assets into a reasonable position.'

I’m a single mom. I take my kids on trips. My mother says that’s crazy and I should be saving for a house. What do you think?

‘Sometimes, I rent a hotel room by the beach, Las Vegas or other places that I think would be nice for us to see.'

Biden’s free-college proposals could boost economy by $160 billion — but it may still be a tough sell in Congress

Families would receive more disposable income and more students would attend college, according to new research.

Disney closes Hall of Presidents attraction to add Joe Biden animatronic — others say it’s time to end it

Some are calling for the attraction to be removed, citing today’s political divisions.

6 in 10 Americans don’t know when or where to get a COVID-19 vaccine

Minority, lower-income and older Americans, in particular, said they don’t have enough information about how to get vaccinated against the coronavirus

Elsewhere on MarketWatch

Paid to stay at home: U.K. reportedly may pay £500 to those with COVID-19 to self-isolate

The plan has been floated after a government poll showed that just 17% of those with symptoms are coming forward to be tested, over fears a positive result will jeopardize jobs and financial situations, the Guardian reported, citing a leaked policy document.

Netflix paid just $4.4 million in U.K. taxes in 2019 despite reaping $1.3 billion from subscribers

Netflix reaped an estimated £940 million ($1.3 billion) from British subscribers in 2019 but the streaming giant paid just £3.2 million in U.K. corporation taxes that year.

Yellen’s harsh words for China show Biden team will continue fight Trump started

Janet Yellen's harsh words about China during her confirmation hearing show the Biden economic team is willing to continue the fight that former President Donald Trump started, analysts said.

Virtual reality will be a trillion-dollar marketplace within five years — here’s a good example why

If Facebook's new Oculus is any indication, virtual reality is ready for prime time.

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