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March 17, 2021, 5:15 p.m. EDT

The Fed plans to keep interest rates low — here’s why mortgage rates could rise anyway and Sanders to CEOs: Pay workers more or pay the government more

Wednesday’s top personal finance stories

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By Elisabeth Buchwald

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Personal Finance

The Fed plans to keep interest rates low — here’s why mortgage rates could rise anyway

Mortgage rates are now at the highest point since July and could go even higher even if the Federal Reserve doesn’t change its policy.

Are you claiming a 2020 stimulus payment on your taxes? The IRS will no longer seize it for unpaid debts — but there are exceptions

Once the economic impact payment was mixed with a tax refund, it became subject to the same rules that allowed the IRS to seize the refund and pay down debts.

Many teens are experiencing anxiety and depression during COVID-19 — here’s what parents can do to help

‘Although serious illness from COVID-19 is uncommon among teens, the changes brought on by the pandemic have wreaked havoc on their lives.’

Sanders to CEOs: Pay workers more or pay the government more

Bernie Sanders wants to increase the corporate tax rate by 0.5% for companies that pay their top executives 50 times more their median workers.

‘We can get through this’: Struggling with your mental health during the pandemic? Try these tips and resources

A year into the pandemic, one in five U.S. adults say they’re experiencing high levels of psychological distress.

Elsewhere on MarketWatch

WHO urges countries to keep using AstraZeneca vaccine as ‘benefits outweigh risks’

‘Vaccination against COVID-19 will not reduce illness or deaths from other causes,’ the World Health Organization said.

Fed recommits to keeping interest rates low despite some inflation overshoot

The Federal Reserve on Wednesday held its easy policy stance steady and continued to forecast no rate hikes through the end of 2023, despite seeing a slight overshoot of its inflation target this year.

‘Immediate environmental benefits’: FedEx chief tells Congress longer trailers would help climate

The head of FedEx Corp. on Wednesday told Congress he sees a quick way for the transportation sector to help the environment: longer trailers.

When will you get your $1,400 stimulus check? 90 million already arrive, more hitting ‘in the coming weeks’

Now that the $1.9 trillion COVID-19 relief bill has been signed into law, the wait is on for the sweeping package's $1,400 stimulus checks.

Elisabeth Buchwald is a personal finance reporter at MarketWatch. She is based in New York.

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