Personal Finance
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America’s latest pullback from the debt-ceiling cliff won’t be its last
With Congress raising the debt-ceiling and both sides of the aisle grumbling about the outcome, the debate over the mechanics of paying for the U.S. government’s obligations and the close call with default now fades back into obscurity. Until the next time. Assuming Congress won’t do away with the debt ceiling and push all spending…
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Coinbase CEO: Crypto’s future is a matter of national security.
The cryptocurrency market has had some recent turbulence. That might make it tempting for policy makers to write it off as an unstable asset class. But they’d be missing the bigger picture. Failing to see that crypto is about much more than individual transactions risks America’s time-honored role as the global financial leader and an…
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From McDonald’s to Morgan Stanley, UBS says these stocks are favorably positioned for AI.
With lawmakers bringing a debt-ceiling deal back from the brink over the holiday weekend, Wall Street looks ready to show its appreciation with a fresh 10-month high possible for the S&P 500 SPX on Tuesday. Once we get through that, though, expect the focus to pivot quickly to fresh jobs numbers on Friday. Those gains…
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Home prices rise, squeezed by fewer listings, Case-Shiller index finds
The numbers: Home prices rose in March as home sellers held out on listing their homes, constraining supply. Despite elevated mortgage rates, the S&P CoreLogic Case-Shiller 20-city house price index rose 0.5% in March, as compared to the previous month. Home prices were strongest in the Southeast, while prices in the West continued to drag.…
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Is a Disney cruise cheaper than a trip to Disney World? Sometimes, it is. Here’s a breakdown.
A Disney Cruise certainly isn’t cheap, especially compared with other cruise operators. But what about compared with other types of Disney vacations? For many travelers, a Disney DIS, +0.17% cruise actually comes out cheaper than a trip to Walt Disney World. To better understand Disney Cruise Line versus Disney World costs, NerdWallet analyzed prices for…
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Generation Z’s favorite investment may be a cause for concern. Here’s why.
[]Generation Z is getting smarter about their money, with some starting to invest even before they turn 18, according to a new report. []The survey by FINRA Investor Education Foundation and the CFA Institute, which defines Generation Z as those aged between 18 to 25, concluded that 6 in 10 owned at least some investments.…
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The riskier side of buy now, pay later services: ‘It is kind of a recipe for disaster if not managed carefully’
Although they are marketed as having no fees and no interest, some buy now, pay later products do include such charges — but it can be hard for consumers to know what they are getting into. That’s according to new research by Consumer Reports, which looked at major companies’ lending, privacy and consumer-protection policies. The…
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I took over my mom’s finances and now I’m worried I’m screwing things up
Since I took over my mother’s finances as her power of attorney a few months ago, I’ve been doing something she might not approve of, and it’s weighing on me. We had a big talk about managing her finances during a recent visit, but even though we put a lot of cards on the table,…
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‘I’ve suffered for a long time’: My mother demanded I return my inheritance so she could give it to my brother, who has a drug addiction. What should I have done?
I’ve read your advice to other people. I’ve suffered for a long time with my own financial and family problems. I would value your thoughts. My younger brother developed a lifelong drug addiction when he was a teenager. My father, who grew up in an orphanage, provided him with financial support that enabled him to,…
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‘I will work until I die’: I’m 74, have little money saved and battle medical issues. ‘I want to retire so I can have a few years to enjoy life.’
Dear MarketWatch, I appreciate you putting my sad predicament In your column. Somehow I have failed, not taking care of myself. I have spent my money on helping my family and was never able to save anything. The two episodes of cancers took me down quite a bit. I’m 74 years old and must continue…