Tag: Business/Consumer Services

‘People are upset.’ Will proposed IRA tax changes targeting the rich hurt smaller nest eggs?

Months after a story broke detailing the $5 billion that could come out of Peter Thiel’s retirement account tax-free, new tax proposals are aiming to...

Freshworks stock jumps 32% after IPO raises more than $1 billion

Freshworks Inc. shares rallied more than 30% on their first day of trading Wednesday, after the software provider pulled in more than $1 billion in...

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...

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...

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...

Investors are in an historically rotten mood. Their three biggest fears are overblown, strategist says.

The American Association of Individual Investors has been tracking retail sentiment since 1987, and this week, wow has that mood been rotten. The spread between...

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,...

How debt enters students’ lives as early as kindergarten

Hello and welcome back to MarketWatch’s Extra Credit column, a weekly look at the news through the lens of debt. This week we’re examining the...

Opinion: Do spouses have special rules when it comes to inheriting an IRA?

Q. I understand surviving spouses have options that no one else does when they inherit their deceased spouse’s IRA. What are those options? -Sherry in...

Texas abortion law: Women will have to travel 496 miles on average round trip to get an abortion out-of-state

On Tuesday, Texas’ law which prevents abortions from occurring  after cardiac activity is detectable — around six weeks after conception — went into effect. In...

Student-loan borrowers have had $37 million in wages unfairly garnished, despite COVID-related pause on collections

Borrowers were still having their wages seized over defaulted student debt, months after the government instructed the student-loan industry to pause this activity during the...

More U.S. companies are considering surcharges for unvaccinated employees

A company crackdown on unvaccinated workers could be coming, in the form of more mandates and more financial penalties, a new survey suggests. One week...

‘They’ve been silent’: Many companies are on the sidelines about the new Texas abortion law — will they stay there?

Texas’ new abortion law has touched off a wave of criticism, including from President Joe Biden, scathing dissents from the U.S. Supreme Court’s liberal wing...

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 Americans will be paying for the cost of the war in Afghanistan for decades

Hello and welcome back to MarketWatch’s Extra Credit column, a weekly look at the news through the lens of debt. This week we’re talking about...

Biden administration to cancel $1.1 billion in student debt for some borrowers who attended ITT, the defunct for-profit college

Roughly 115,000 student loan borrowers who attended ITT Technical Institute but left without a degree will have their federal student loan debt cancelled, resulting in...

My husband and I live in his late father’s house. He threatens divorce — and says I’ll end up homeless

Dear Quentin, I have been married to my husband for four years. Unfortunately, five months after our wedding, my father-in-law passed away. We were/are both...

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,...

DoorDash and Grubhub sued by city of Chicago, which alleges deceptive fees and predatory practices

The city of Chicago filed a wide-ranging lawsuit against DoorDash Inc. and Grubhub Inc. on Friday, accusing the meal-delivery platforms of engaging in deceptive and...

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...

Here’s how to decide if you still need collision insurance on a car

No matter how old your car is, you need collision insurance if you have an auto loan or lease. But what if you’re not leasing...