Personal Finance Daily: Student loan borrowers say the government is unfairly taking their tax refunds — here’s what they are doing about it, and Chase Sapphire reward points can now be redeemed for groceries and takeout

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Personal Finance
Student loan borrowers say the government is unfairly taking their tax refunds — here’s what they are doing about it

Other borrowers say their paychecks are being garnished during the coronavirus outbreak, even though the CARES Act was supposed to prohibit the practice.

Weekend reads: About that extra $600 a week from Uncle Sam …

Also, COVID-19 and creative accounting, stimulus debit cards and how early retirees are handling the coronavirus crisis.

Walt Disney World cancels dining reservations and stops taking new hotel bookings ahead of planned July reopening

Travelers are rethinking their theme-park getaways as Disney eliminates some of its most popular perks for when Walt Disney World resumes operations.

The No. 1 thing Americans are spending their stimulus checks on — even more than shopping at Costco, Walmart and Target

‘Americans are aware of how grim the near future could be.’

My children, aged 10 and 15, each received $1,200 stimulus checks — will the IRS penalize us if we keep them?

‘My wife is on permanent disability and she receives a Social Security payment monthly for them. Were we supposed to get this money?

‘My daughter’s bank said she received three additional $1,200 stimulus payments.’ How does she return them?

‘I thought I’d heard all of the bizarre stories about stimulus checks, but your letter proved me wrong.’

‘A prolonged depression is virtually guaranteed without significant federal aid to state and local governments’

‘The unemployment situation is going to get worse before it gets better’: More than 1 in 5 people are now out of a job.

The extra $600 Americans receive in weekly unemployment benefits ends in July — how that could cost the U.S. more jobs

For every dollar spent on unemployment insurance, there’s a multiplier effect leading to a 1.64 increase in GDP, research shows.

Forget British gin — this Japanese version has notes of sansho pepper, tea and yuzu

The House of Suntory says this spirit has ‘a completely different taste from other gins.’

Chase Sapphire reward points can now be redeemed for groceries and takeout. ‘These are strange, strange times’

‘No one signs up for a high-end travel credit card wanting to use those points for groceries.’

Elsewhere on MarketWatch
Colin Kaepernick says protesters ‘have the right to fight back’ in the wake of George Floyd’s death

‘When civility leads to death, revolting is the only logical reaction.’

Democrats decry Trump’s Minneapolis tweets — but by November, focus could be back to economy

President Donald Trump’s tweets appearing to urge shooting of looters in Minneapolis have lit a fresh fire under Democrats to defeat him in November — but by then the focus could be on other things entirely.

Trump says U.S. will quit World Health Organization, begin to revoke special treatment for Hong Kong as China brawl ramps up

President Donald Trump on Friday said the U.S. is quitting the World Health Organization and is beginning to revoke Hong Kong’s special status, in an escalation of tension with China.

Potential Biden running mate Klobuchar denounces reports she once declined to prosecute officer in Floyd death: ‘It is a lie’

Democratic Sen. Amy Klobuchar of Minnesota, a potential running mate for Joe Biden, is pushing back against reports that she declined years ago to prosecute Derek Chauvin, the Minneapolis police officer involved in George Floyd’s death.

Fed’s Powell says he’s sleeping better than at start of the COVID-19 outbreak

Fed Chairman Jerome Powell on Friday said he’s sleeping better than he was at the start of the coronavirus pandemic in late February and early March.

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