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Good morning, Daily Money subscribers, it's Nathan Bomey visiting your inbox once again. I have vivid memories of window-shopping at the Disney store at the mall when I was a kid. Those days might be over. |
On to our ... |
INSIGHT OF THE DAY: If the government were to distribute monthly checks as a form of universal basic income, would people spend the money wisely or waste it? In one early test, the city of Stockton, California, gave out $500 checks monthly. The results? It helped more participants find jobs, reduced income volatility, eased stress and helped recipients pay unexpected expenses and meet basic needs. Less than 1% of the money was spent on alcohol or tobacco, our Paul Davidson reports. |
On to the rest of the news ... |
1. More than three years after it began, the #MeToo movement still resonates. The latest indication is that several women felt comfortable enough to make allegations against New York Gov. Andrew Cuomo, workplace reporter Charisse Jones writes. |
2. Ever wondered how much you would've made if you had invested in the stock market the year you were born? We've got you covered. |
3. The governor of Texas has ended the state's public mask mandate. But major retailers will still require them. |
4. When should you begin collecting Social Security benefits? Here are three signs it might be too soon. |
5. More than 2.2 million women have left the workforce since the pandemic started. Economists worry it could have a long-term negative effect on the gender wage gap. |
6. Remember those big piles of stuffed animals at the Disney store at the mall? Disney is closing at least 60 of its stores. |
Never forget: a dream is a wish your heart makes. |
--Nathan Bomey, Money reporter and Disney animation fan |
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