Tesla Inc. delivered a record number of vehicles in the second quarter, beating market estimates after the electric-car maker increased discounts and incentives, the company reported Sunday. The news sent the stock up more than 6% in premarket trade Monday. The Elon Musk–led electric-vehicle manufacturer delivered 466,140 vehicles in the…
Hulu and Apple are the best streaming services for July 2023, and here’s why
Summer used to mean a lull in TV programming. And with a few exceptions, that’s how the streaming scene feels this July.After a frenzy of new shows launched in the spring, Hulu and Apple appear to be the only streaming services still putting their best feet forward this summer. But…
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Supreme Court ruling on student debt will ‘devastate’ borrowers. No, cancellation would ‘punish’ poor Americans. Who’s right?
The Supreme Court on Friday struck down the Biden administration’s plan to cancel student-loan debt, giving opponents and proponents of loan forgiveness the chance to square off again on a debate that’s gripped Americans for months.Biden’s plan aimed to cancel up to $10,000 in federal loan debt for borrowers earning…
Supreme Court blocked Biden’s student-loan forgiveness. Here’s what happens next for your loans.
Student-loan payments are poised to resume this fall without smaller balances now that the U.S. Supreme Court has blocked President Joe Biden’s loan cancellation plan.The Biden administration’s loan forgiveness initiative would have canceled up to $10,000 of debt for eligible borrowers, and in some cases up to $20,000. But the…
What if you can’t pay back your student loans when payments start again? These are your options.
With the pause on student-loan payments set to end in October, many student-loan borrowers may be asking themselves, “What can I do if I can’t afford to pay my student-loan bill?”Don’t panic — you have options. There are ways to either lower your payment obligations or to defer payments, albeit…
My brother and I will inherit our mother’s house. It’s appreciated in value by $700K. Will we have to pay capital-gains tax?
Dear MarketWatch, I am the trustee for my mother’s revocable trust, and my brother is a backup trustee. When she passes, I plan to sell her house and distribute the proceeds. My younger brother currently lives in the house and takes care of her. I want to sell the house…
My inherited investment accounts have lost $28,000. Can I liquidate them and take a tax write-off?
My mother passed away in first quarter 2021, leaving me a designated beneficiary brokerage account and an IRA account.The total amount of these accounts invested in stocks and ETFs was at that time $150,000. Since then, due to the market (or my poor management), those accounts are totaling around $122,000.…
Bobby Bonilla Day: How the former Mets player’s financial feat illustrates the magic of compound interest
If you see Bobby Bonilla popping up all over your social media feeds on Saturday (as it tends to this time of year), it’s because July 1 marks the annual $1.2 million payday for the former third baseman — an event that has increasingly attracted interest from average Americans, even…
Teenagers looking for summer jobs see best labor market since just after World War II
Morgan Skove, 19, an incoming sophomore at Northwestern University, was overjoyed to land a summer gig. “I was relieved that the pressure of finding a job was off and excited to start my first ‘adult’ job,” she said. With plans to pursue a career in business, Skove applied for a sales…