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‘I married a person who was nothing short of evil’: He has threatened to take my house if we divorce. What can I do?
Dear Quentin, I’m going through a lot, and right now I’m at a crucial point where I need to make the right decision — because if I don’t, I will be financially destroyed. My problem is twofold. The first part: About three years ago, I married a person who was nothing short of evil. During…
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My parents want to leave me and my spouse their house. How do I prevent ‘tension or resentment’ with my siblings?
Dear MarketWatch, My spouse and I are looking to buy a house. We are the only ones in our family who don’t own a house yet, and our parents have offered to “sell” us their house as they move away, as long as we work it out with our siblings. Our parents generously noted that…
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‘Our medical system is a mess,’ says Elizabeth Warren at hearing with three major credit bureaus
That’s Senator Elizabeth Warren in a U.S. Senate hearing Thursday with the three biggest credit reporting bureaus this week. Senators urged credit reporting bureaus to take the medical debt off consumer credit reports completely Thursday in a hearing by the Committee on Banking, Housing, and Urban Affairs Thursday. It’s the first time the… Source
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Are inherited Roth retirement accounts subject to RMDs?
A: There is some uncertainty around inherited IRAs due to proposed rules that came out in 2022. Fortunately, with inherited Roth IRAs, there is less controversy. But we are talking about the IRS so when they chime in on whether they will make the current proposal permanent or propose additional changes is anyone’s guess. We…
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Trans activist Dylan Mulvaney’s partnership with Maybelline yields a new round of boycott calls
The marketing controversies tied to Dylan Mulvaney continue. The actress, social-media personality and transgender activist, who celebrated her transition with a “365 days of being a girl” campaign, partnered with Bud Light on a promotion earlier this year. The end result was that the beer brand faced significant transphobic backlash, with the musician Kid Rock…
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Wendy’s chili will soon be sold in stores. But can it measure up to the dine-in dish?
In my book, there are only a few things in the world of fast food with that special something. McDonald’s MCD fries. Dairy Queen’s Blizzards. Subway’s tuna salad. But perhaps above them all is that concoction known as Wendy’s chili — leftover hamburger meat in a soupy sauce that equates to something unlike any version…
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Hard seltzer is a $9 billion category. Can this brand help it grow even bigger?
The can SunnyD Vodka Seltzer, $9.99 for a four-pack The back story Maybe the hard-seltzer boom hasn’t quite gone bust. While many have noted that the category has stumbled a bit since it achieved a cult status a few years ago — remember the “White Claw summer” of 2019? — the fact remains that alcoholic,…
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Signature Bank’s ‘reliance on crypto industry’ helped lead to its failure, FDIC says
Signature Bank pursued ‘rapid, unrestrained growth’ in part by courting deposits from the volatile crypto industry, and its association with digital asset firms was a major factor in its failure, the Federal Deposit Insurance Corporation said in a review published Friday. The bank “didn’t understand the risks of its association with the crypto industry or…
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SoFi earnings: What to expect from the personal finance lender
SoFi Technologies Inc.’s diversified business has helped the company weather changes in lending trends, and those ebbs and flows will be on display again when the neobanking company reports earnings Monday morning. As the student-loan moratorium has weighed on the company’s student lending business and as rising mortgage rates have dampened interest in home loans,…
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Fed in part blames Trump-era bank deregulation for Silicon Valley Bank failure
The Federal Reserve on Friday issued its analysis of last month’s failure of Silicon Valley Bank, identifying managerial and regulatory incompetence as well as “a shift in the stance of supervisory policy” following the passage of a 2018 law that eased regulations on midsize banks as the main culprits for SVB’s demise. “SVB failed because…