Personal Finance
-
Dow scores 4-day win streak, but S&P 500 ends flat ahead of inflation data, bank earnings
U.S. stock indexes closed mostly lower on Tuesday as investors cautiously looked ahead to March inflation data due Wednesday that could help determine the Federal Reserve’s next interest-rate move. Corporate earnings reporting season also is set to kick off in earnest on Friday. How stock indexes traded The S&P 500 SPX, -0.00% closed less than…
-
Tupperware’s stock craters after food-storage company warns it may go bust
Tupperware Brands Corp.’s stock slid 45% Monday to the lowest level in three years, after the maker of food-storage goods issued a going-concern warning late Friday, saying it has hired financial advisers to help navigate its near-term challenges. The news is just the latest blow to the company TUP, +4.03%, whose products were once a…
-
Your adult children ‘may not want the gravy train to stop,’ but don’t let them ruin your retirement
Helping your adult children with money is a balancing act. You can’t overdo it or you can sacrifice your own retirement savings or financial goals. Amid the current economic uncertainty, 68% of parents with children 18 years or older have made a financial sacrifice to help them, according to a new Bankrate report. Further, nearly…
-
‘Cry me a river, right?’: I sold our rental for $325,000. I want to invest the money. My wife wants to pay off our mortgage. Who’s right?
I have a “first-world” problem with a twist, and I could use your advice. I recently sold my rental townhouse for $325,000. It was already paid off without any encumbrances on the property. After paying the title transfer and capital-gains taxes of 15%, I have $309,000 in cash. Question 2 (the juicier question): How do…
-
AMGN – Your Bullseye Pick of the Week
Editor’s Note: This was sent to subscribers of Jeff Bishop’s Bullseye Trades on Monday, April 3rd, 2023. Speaking of “Rocket Trades,” last week, we saw several great ones. My favorite was the call on CAT to the upside on Wednesday, and then it doubled by the market close on Friday. I was at the airport…
-
How do I build a credit score? It’s not that difficult, if you follow these rules.
April is National Financial Literacy Month. To mark the occasion, MarketWatch will publish a series of “Financial Fitness” articles to help readers improve their fiscal health, and offer advice on how to save, invest and spend their money wisely. Read more here. Unhappy with you credit score? Looking to buy a house? You’ve come to…
-
How women can achieve greater financial literacy and take control of their money
Holding a life insurance policy is a key step toward improving your financial health and building generational wealth. It’s something everyone should have, but men still outpace women in terms of purchasing life insurance. Life Insurance Marketing and Research Association (LIMRA) data indicates that while 78% of women consider personal finances very important, only 31%…
-
‘Gaslighters have two signature moves’: Are you being gaslighted at work? Here’s how to recognize the signs.
Are you less happy at work since you befriended that new recruit? Have they told you stories about how colleagues have constantly undermined them? Maybe you have a boss who excludes you from key meetings and then asks why you did not attend a meeting even though you are pretty sure you were not invited…
-
We are retired with ‘substantial’ pensions and very little debt — how much do I need in a ‘rainy day fund’?
Good morning, I recently retired with a substantial teacher’s pension. My take-home pay (after federal taxes and health insurance) is now more than when I was teaching due to no state taxes on teacher pensions and no retirement contributions being deducted. My wife is in the same position, so retirement income is not going to…
-
Big bank earnings in spotlight following historic failures: ‘Every income statement line item is in flux’.
JPMorgan Chase & Co. JPM, -0.11%, Citigroup Inc. C, +0.20% and Wells Fargo & Co. WFC, +2.74% — along with PNC Financial Services Group Inc. PNC, +0.37% and BlackRock Inc. BLK, +0.05% — report earnings Friday as Wall Street’s fixation on a recession continues to run deep. And following the implosion of Silicon Valley Bank…