Markets
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How some retirees are making extra income with short-term rentals
When my husband died in 2018 at age 57, I knew I was going to have to do something to make up for the savings he would have contributed to our IRA. This year, when inflation skyrocketed, I not only needed additional income if I hoped to eventually retire, but I also needed additional money…
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CLJ23 | Crude Oil Apr 2023 Overview
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The ‘pink tax’ and how to fight it: ‘It’s another punch to the gut as we’re trying to manage our budgets right now’
“I don’t know why brands think this is acceptable,” Bodge says. “It’s another punch to the gut as we’re trying to manage our budgets right now,” she adds, referring to rising prices across consumer goods categories due to inflation. The phenomenon known as the “pink tax,” when products and services aimed at women cost more…
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Insiders now aggressively bearish
CHAPEL HILL, N.C. (MarketWatch) — Corporate insiders are aggressively selling their shares. This is worrisome because corporate insiders — officers, directors and the largest shareholders — presumably know more about their companies’ prospects than the rest of us do. If they were confident that the shares of their companies would soon be trading markedly higher,…
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Enphase stock rallies 5% after Raymond James raises it to buy
Shares of Enphase Energy Inc. ENPH, +4.83% jumped 5% Monday after analysts at Raymond James raised their rating on the stock to the equivalent of buy, saying they are “turning positive” on the energy technology company for the first time in a decade. “This upgrade is partly opportunistic and partly thematic,” the analysts said, as…
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The 2023 Kia Sportage Plug-in Hybrid is stylish, practical and has stellar safety scores
The Kia Sportage Plug-In Hybrid is a Kelley Blue Book Best Buy Award winner for 2023. Pricing starts at $38,690. The 2023 Kia Sportage Plug-in Hybrid compact SUV is an all-new variant of a new Sportage generation. The 2023 model year marks the debut of this popular SUV’s fifth iteration. The entire range encompasses versions with just a gasoline…
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‘I’ve inherited a house from my deceased aunt in San Francisco. She rented the basement to an older couple for years without a lease.’ Can I evict them?
I’ve inherited a house in San Francisco from my aunt. My aunt had rented her basement to an older couple (probably illegally) for a few years for below market rates. I don’t believe there was a lease, and it is probably against the building code to have tenants in the basement. The couple’s family is…
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Beware the Great Rotation
CHAPEL HILL, N.C. (MarketWatch) — The most cited bullish argument these days, at least among the couple of hundred investment advisers I monitor, is that the stock market will “melt up” as investors sour on bonds and transfer the trillions they have in fixed-income mutual funds into stock funds. I suppose it is conceivable. But…
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JPMorgan CEO Jamie Dimon working to raise more support for First Republic: WSJ
First Republic Bank fell to an all-time low Monday as questions about its balance sheet and financial health sharply knocked down the stock, even as reports surfaced of prospects for fresh capital. JPMorgan Chase & Co. JPM, +1.06% Chief Executive Jamie Dimon is working to raise additional capital for First Republic, the Wall Street Journal…
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Law firm in talks with Credit Suisse bondholders about potential lawsuit after $17 billion wipeout
A white-shoe law firm is working with Credit Suisse bondholders to pursue “possible legal actions” after the value of convertible bonds issued by the bank was written down to zero following the takeover of the Zurich-based lender by crosstown rival UBS Group. Los Angeles-based Quinn Emanuel Urquhart & Sullivan said in a press release Monday…