Tag: Banking/Credit

Prominent chef tells Fed that worker shortages are due to ‘life changes’ in wake of pandemic

The reason that there is a worker shortage in the U.S. restaurant industry is that employees decided to make “life changes” as they went through...

This is why this super-successful growth investor no longer owns Tesla shares

Successful innovations make life better for customers, but that doesn’t necessarily make those companies good investments. “In some cases, innovation just helps all of us...

When you should — and shouldn’t — consider investing in a Roth 401(k)

Roth 401(k) plans can be a powerful tool for building wealth for retirement, but they’re not as frequently used as their traditional counterparts.  Retirement Tip...

Toast IPO: 5 things to know about the restaurant-focused payments player

A previous version of this report incorrectly referred to Toast’s volume numbers instead of its revenue. It has been corrected. Toast Inc. could be rolling...

Opinion: In 2017 I wrote that U.S. stocks were not overpriced. That’s still true.

On August 21, 2017, with the S&P 500 SPX, -0.08% at 2,428, I wrote a MarketWatch column that pushed back against gloom-and-doom pundits who were...

Will Evergrande be China’s ‘Lehman moment’? Wall Street says no

Problems at Evergrande, China’s teetering property giant, are stirring unwelcome memories of the market chaos that followed the implosion of Lehman Brothers roughly 13 years...

My recently widowed father, 68, met a woman on Facebook — and sent her Bitcoin so they could meet

Dear Quentin, My father is 68 years old, and recently a widower. His wife, my stepmother, had a tight rein on their finances and, as...

Nike supply chain problems in Vietnam could mean challenges ahead for Dick’s Sporting Goods

Nike Inc.’s supply chain slowdown could also put the brakes on Dick’s Sporting Goods Inc.’s momentum, according to Wells Fargo, which says it prefers Academy...

My stepdaughter, 42, hits up her father for $1,000 on a regular basis. It comes out of our joint savings account. How can I stop this?

Dear Quentin, I have a 42-year-old stepdaughter who lives with her 33-year-old fiancé on the West Coast. We live in middle America. She has never...

I’ve taken care of my father for 23 years. He gifted me $20,000 and a vehicle. Could my opportunistic siblings contest this?

Dear Quentin,  We live in Texas. My father has lived in my home for 23 years, and I’ve taken care of him. Two years ago,...

Crude prices fall after Saudi Arabia cuts Asian prices

Oil prices came under renewed pressure on Monday, after Saudi Arabia cut prices for its Asian customers and demand worries lingered following last week’s weaker-than-expected...

Retiring? Keep your skills sharp for your health, wealth and wellbeing

Many people enter retirement with the plan to relax — and that’s a normal, natural approach to this next phase of life — but they...

I’m buying a house with my boyfriend because my credit isn’t good enough. What happens if something goes wrong in our relationship?

Dear Quentin, My partner and I have been together for three years. We’re talking about buying a house. His credit will be what gets us...

My sons are at odds after one abused the other 20 years ago. Should I appoint a third party as executor of my $1 million estate?

Dear Quentin, I’m 75 years old and have $1 million, plus assets, in a trust for my two sons, but I need to do some...

Texas abortion law: $10,000 penalty could incentivize ‘bounty hunters’ to make ‘tens of thousands of dollars’

A new Texas law confining abortions to a brief window around six weeks from conception is two things at the same time, critics say: extremely...

My grandfather cut my mom out of his will and left everything to me. If she’s the beneficiary on his retirement and life insurance, do I get those too?

Dear Quentin, My grandfather, 86, recently changed his will to specifically exclude my mother — his daughter — and leave everything to me. If my...

Why a debt-ceiling stalemate could push reverse repo demand to $1.4 trillion in next 3 months

Record demand for the Federal Reserve’s overnight reverse repo program could touch a new milestone of $1.4 trillion by year’s end, says Barclays rates strategist...

Why Robinhood may be more than a ‘meme stock phenomenon’

Shares of Robinhood Markets Inc. are rising Monday after picking up a handful of new fans on Wall Street who praised the company’s unique positioning....

My uncle, 60, with dementia died after ‘negligence’ by his wife of 3 years. How do we stop her from defrauding the government?

We just lost my 60-year-old uncle to dementia. He struggled with drugs during his early years, and as a result, my mom raised his daughter....

Saving for retirement on TikTok? Gen Z invests differently

Zaid Admani is a millennial and a civil engineer, and he’s trying to get young people to think about money — and their futures.  Admani,...

My fiancé and I are buying a house — he demands that both his 19-year-old daughter and our baby inherit our home

Dear Quentin, I am 30 years old, and my fiancé and I have a baby. We are looking to purchase a house, and go half-and-half...

There’s a market conundrum developing that casts a shadow over risk taking, Bank of America technical analyst says

The market optimism switch has been turned back on, judging by the performance in markets on Monday — where the S&P 500 SPX, +0.85% ended...

Powell unlikely to fire starting pistol for tapering at Jackson Hole

Federal Reserve Chairman Jerome Powell will be able to equivocate about when the central bank will start slowing down the pace of its bond-buying, essentially...

My friends all have more money than me, how do I keep up?

Finally, as the country reopens, you’re likely seeing more of your friends. Out with the video chatting and in with the high-fiving, hugging and, well,...

‘My father has abandoned me twice in my life’: I found him when I was 30, but he moved his girlfriend in — and disinherited me

My father abandoned me when I was a baby and he and my mother divorced. He never paid any child support. All I ever knew...