This is the most overvalued housing market in America. Spoiler: not in California.

The OECD warns a second virus wave is as likely as not — here’s what that would do to the economic recovery

<div id=”js-article__body” itemprop=”articleBody” data-sbid=”3B910E6C-D693-42BC-9E39-3ACB0636EDC0″>

MARKETWATCH HOME PAGE Home prices have skyrocketed over the past year, but the economy has yet to catch up. Ford Reports Quarterly Losses Over $ 2 Billion, Increases Investment in Electric Vehicles Ford Motor Co. posted a larger-than-expected loss in the fourth quarter on Thursday, but shares rose after the automaker promised to invest more on electricity and autonomous vehicles. Boosting GameStop on Reddit is under regulatory scrutiny Keith Gill, a Massachusetts investor who found fame and riches promoting shares of GameStop Inc., has drawn the attention of the state’s top financial regulator. See the full story.

37 states do not tax your Social Security benefits; make 38 in 2022 Most other states allow some exemptions based on income. See the full story. S&P 500, Nasdaq closes at records as employment data, coronavirus cases and US earnings improve. Major US stock market benchmarks deaths, some optimistic corporate earnings, and the outlook for higher Fiscal stimulus predicted a greater economic recovery this year. See the full story. MARKETWATCH PERSONAL FINANCE A new bill wants to block federal income taxes on the first $ 10,200 a person received in unemployment benefits last year. See the full story.