Business
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Should couples combine finances or keep separate accounts? One option leads to a happier marriage, study finds.
Hello and welcome to Financial Face-off, a MarketWatch column where we help you weigh a financial decision. Our columnist will give her verdict. Tell us whether you think she’s right in the comments. And please share your suggestions for future Financial Face-off columns by emailing our columnist at [email protected]. Wedding season is upon us. Couples…
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What’s your retirement ‘number’? How to figure it out.
There’s a lot of numbers to weigh when it comes to retirement—but what’s your number? Working Americans think they need $1.1 million to retire, according to the Schroders 2023 U.S. Retirement Survey, but how does each individual really figure out what they will need in a retirement that could last decades? “It is very difficult…
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I’m sick and tired of tipping 20% every time I eat out. Is it ever OK to tip less? Or am I a cheapskate?
I’m afraid to bring this up with friends in case they call me a “Karen” or tell me I’m being selfish or a skinflint. Over the past 12 months, I have seen my rent go up by 25%. I’m paying $3,200 for a one-bedroom apartment. I will never be able to save for my own…
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Working mothers talk about ‘mom tax’ — the financial toll of motherhood on their careers and salaries
As millions of Americans put in orders for flowers, massages, and other treats for Mother’s Day, working mothers spoke to MarketWatch about the “mom tax” or “motherhood penalty” – a toll that impacts women when they become mothers and raise a child, by increasing their responsibility at home and limiting their earnings and income. Women…
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The S&P 500 is top-heavy with tech. Here’s what that says about future stock-market returns.
The 2023 rally by the S&P 500 index is being led by megacap tech-related stocks, whose weighting in the index is at a historically high level. That’s sparked a lot of worry about the durability of the bounce. The S&P 500 SPX, -0.16% is up more than 7% so far in 2023, after last year’s…
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Dow, S&P 500 book back-to-back weekly losses, as poor consumer sentiment report reignites recession fears
U.S. stocks ended lower Friday, surrendering early gains after a report from the University of Michigan showed consumer sentiment soured in May, helping to revive recession fears. The Dow Jones Industrial Average and S&P 500 each booked back-to-back weekly losses. For the week, the Dow slid 1.1%, the S&P 500 slipped 0.3% and the Nasdaq…
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Eli Lilly nears J&J market cap
Eli Lilly & Co.’s market cap neared Johnson & Johnson’s market cap on Friday, as the stock has benefited from a slew of positive data in trials for key treatments. Earlier Friday, Lilly stock LLY, +0.00% was on track to close with a greater market capitalization than J&J JNJ, -0.13%, which would have marked the…
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Dan Snyder agrees to sell NFL’s Washington Commanders to 76ers owner Josh Harris
Dan Snyder has agreed to sell the NFL’s Washington Commanders to a group led by Josh Harris and Mitchell Rales, the team announced on Friday. The deal values the team at $6 billion, according to reports from ESPN and NFL Network. “We are very pleased to have reached an agreement for the sale of the…
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Elon Musk’s new Twitter CEO faces uphill battle as ‘a textbook case of the glass cliff’
Elon Musk’s appointment of Linda Yaccarino to succeed him as Twitter’s chief executive has all the characteristics of a so-called glass cliff: She’s tasked with the nearly impossible job of turning around a company that faces a steep ad-revenue shortfall, with one of the most dominant Twitter users looking over her shoulder every day. After teasing the…
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‘Am I heartless?’ My husband’s business collapsed and we sold our house. He left home to sell real estate, but failed. Should I bail him out?
My husband lost his business many years ago, and we had to sell our house to pay off his debt. I had a part-time job then because I needed to take care of our two young children. My husband stopped bringing in any income. A few times, he gave me money, but the source was…