Happy Wednesday MarketWatchers. Don’t miss these top stories:
Tendies? Diamond hands? Your guide to the lingo on WallStreetBets, the Reddit forum fueling Gamestop’s rise
Reddit’s WallStreetBets has 3.3 million members and counting, and its own language.
4 things the best financial advisers do for clients that put them ahead of the rest
These qualities and capabilities distinguish the top pros in the investment advice business.
U.S. banks pledged billions to charity in 2020 amid the COVID-19 pandemic — what’s behind their generosity
‘Bank donations can indeed be altruistically motivated, but our results indicate that these donations have a strategic component.’
Matt Damon is selling his $21 million Pacific Palisades estate
The Academy Award-winning A-lister Matt Damon has listed his posh Pacific Palisades residence for a hefty $21 million.
‘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.’
‘Most people would seriously be stunned if they knew just how many credit scores there are’: Why your FICO score differs from Credit Karma
It’s a common misconception that you only have one credit score.
More than half of working mothers say their job performance has slipped during the pandemic — and they’re the lucky ones
About six in 10 parents who are working from home say it’s been hard to get their work done without interruptions.
Is GameStop’s wild ride due to market manipulation by social-media users — or are they exercising free speech?
The stock ended Monday with a record close, despite not announcing any news.
I got my COVID-19 vaccination. Now what? Can I get on a plane, or visit my family? Do I still need to wear my mask?
In the U.S. more than 3 million Americans have received two doses of either vaccine.
Biden revives plans to put Harriet Tubman on $20 note — why this bill has special resonance for the Civil War-era abolitionist
History shows that Tubman has a special tie to the $20 sum.
Elsewhere on MarketWatch
Your next stimulus check from the Biden administration may be the first of several
As the Biden administration looks to pass a third major economic stimulus program quickly, some of its allies on Capitol Hill and elsewhere are mulling mixing up the formula for payments to households, looking to make them recurring instead of the lump sums seen in the past.
Childhood poverty is three times more common than we thought
One-third of households with a child were net-worth poor in 2019, three times as many as were income poor.
Fed holds policy steady and points to renewed slowdown in sectors already damaged by pandemic
The Federal Reserve on Wednesday kept its monetary policy unchanged as expected while noting that some sectors of the economy have “moderated” in recent months
House budget chief warns wage hike could make it harder to pass Biden rescue plan
Including a boost in the $7.25 minimum wage in an upcoming package of filibuster-proof legislation could make it harder to pass the budget plan meant to clear the path for that package, House Budget Chairman John Yarmuth warned.
Bill Gates wants this ‘crazy’ and ‘evil’ theory about him and Dr. Fauci to go away
The Microsoft co-founder debunks pandemic conspiracy theories, and shares excitement over Biden’s coronavirus task force
YouTube suspends Rudy Giuliani’s channel from making money after he repeatedly shared election misinformation
Giuliani has been falsely claiming that Donald Trump won the 2020 presidential election on his YouTube channel
Stop laughing about GameStop’s stock mania — no, really
Reddit’s WallStreetBets is really the same old story — a concerted effort of market manipulators who will get rich and surely destroy some unwitting participants in the process.
Even Reddit is beginning to discuss the endgame for the wild GameStop ride
When are the meteoric gains for videogames retailer GameStop going to stop? Perhaps one sign is that there is a discussion of the subject on the Reddit message board that fueled the run.