Here’s a simple way to help teach your kids some complex financial lessons

Here’s a simple way to help teach your kids some complex financial lessons

During my late teens, my mom handed me two worn, blue passport-size books with details of my custodial investment accounts. I had no clue what to do with them, but it didn’t matter, because the accounts were empty anyway. Perhaps for the best, because I’m almost certain my assets wouldn’t have stood a chance. I … Read more

Amazon, Berkshire Hathaway Could Be Among Top Payers of New Minimum Tax

Amazon, Berkshire Hathaway Could Be Among Top Payers of New Minimum Tax

Listen to articles (2 minutes) WASHINGTON—A handful of large companies, such as Berkshire Hathaway and amazon.com could bear most of the burden from a 15% corporate minimum tax President Biden signed into law last month. Researchers at the University of North Carolina Tax Center analyzed securities filings to determine what companies would have paid if … Read more

US existing-home sales fall for the seventh straight month in August and the Fed is about to inflict ‘some pain’ with a 75-basis-point rate hike — here’s how to prepare your wallet and your portfolio

US existing-home sales fall for the seventh straight month in August and the Fed is about to inflict ‘some pain’ with a 75-basis-point rate hike — here’s how to prepare your wallet and your portfolio

Hi, MarketWatchers. Don’t miss these top stories. Brace yourself: The Fed is about to inflict ‘some pain’ with a 75-basis-point rate hike. Here’s how to prepare your wallet and your portfolio. This marks the Federal Reserve’s third 75-basis-point rate hike this year. Read More US existing-home sales fall for the seventh straight month in August … Read more

How to manage your finances when inflation is high, interest rates keep shooting up and study finds women’s financial well-being sinks to five-year low

US existing-home sales fall for the seventh straight month in August and the Fed is about to inflict ‘some pain’ with a 75-basis-point rate hike — here’s how to prepare your wallet and your portfolio

Hi, MarketWatchers. Don’t miss these top stories. ‘No wonder consumer confidence has been falling’: Women’s financial well-being sinks to five-year low, study finds Only 14% of women say they’re prepared for a recession, compared with 30% of men, according to a survey by Ellevest, a women’s investing platform. Read More Weekend reads: How to manage … Read more

How to manage your finances when inflation is high, interest rates keep shooting up and study finds women’s financial well-being sinks to five-year low

US existing-home sales fall for the seventh straight month in August and the Fed is about to inflict ‘some pain’ with a 75-basis-point rate hike — here’s how to prepare your wallet and your portfolio

Hi, MarketWatchers. Don’t miss these top stories. ‘No wonder consumer confidence has been falling’: Women’s financial well-being sinks to five-year low, study finds Only 14% of women say they’re prepared for a recession, compared with 30% of men, according to a survey by Ellevest, a women’s investing platform. Read More Weekend reads: How to manage … Read more

Mortgage rates hit 6.29%, Freddie Mac says and rents fell in August for the first time since November 2021

US existing-home sales fall for the seventh straight month in August and the Fed is about to inflict ‘some pain’ with a 75-basis-point rate hike — here’s how to prepare your wallet and your portfolio

Hi, MarketWatchers. Don’t miss these top stories. Rents fell in August for the first time since November 2021, but tenants are still struggling. Here’s why. Rents dropped from July to August, and annual growth appears to be slowing down. Read More How much should I tip my housekeeper? My husband says that we should tip … Read more

Begbies Traynor Sees FY 2023 Profit in Line With Market Views

US existing-home sales fall for the seventh straight month in August and the Fed is about to inflict ‘some pain’ with a 75-basis-point rate hike — here’s how to prepare your wallet and your portfolio

By Michael Susin Begbies Traynor Group PLC said Thursday that it expects to achieve pretax profit for fiscal 2023 in line with market expectations, driven by an increasing demand in insolvency and restructuring cases. The business recovery, financial advisory and property services consultancy said it remains confident of achieving a pretax profit in the range … Read more

‘She never explained anything’: I’m a senior citizen and I lost $100,000 in the stock market this year. Can I sue my financial adviser?

‘She never explained anything’: I’m a senior citizen and I lost 0,000 in the stock market this year.  Can I sue my financial adviser?

I am a senior citizen and have suffered major losses to the tune of $100,000 in the recent stock market turmoil. Can I sue my financial adviser? I understand the dynamics of the market as far as its ups and downs, and have ridden them out before. However, it’s been different with the market in … Read more

You’re supposed to follow these 3 popular money rules—but then there’s the reality of life

You’re supposed to follow these 3 popular money rules—but then there’s the reality of life

Put 20% down when buying a home. Don’t spend more than 30% of your income on housing costs. Keep child care expenses below 10% of your annual household income. These money rules of thumb can be useful guardrails, helping you allocate spending and determine what’s affordable. They can also be incredibly defeating when they feel … Read more

Why Alibaba Stock Is an Exception to Goldman’s US Market Preference

Why Alibaba Stock Is an Exception to Goldman’s US Market Preference

Textsize Alibaba and other Chinese tech stocks have been battered since the beginning of last year. Qilai Shen/Bloomberg Chinese tech stocks have taken a beating since many hit all-time highs in early 2021, and the picture hasn’t improved much in 2022. That may be a compelling reason to at least take a new look at … Read more