Category: United States

European regulators are reportedly set to slap Apple Inc. with a fine of more than $ 500 million, saying the tech giant unfairly hindered its music-streaming rivals. The Financial Times and Bloomberg News reported Sunday that European Commission antitrust regulators are preparing to impose a roughly $ 500 million euro ($ 539 million) fine against […]

A very liberal friend messaged me on Friday. She’d just heard the news about the $ 350 million–plus civil fraud judgment against Donald Trump in New York. That’s on top of the tens of millions he has to pay former magazine columnist E. Jean Carroll, whom he was adjudged to have sexually assaulted and then […]

Donald J. Trump has a long record of business failures and bankruptcies. But after getting kicked off Twitter in 2021 he launched Truth Social, a social media site. Truth Social, his would-be Twitter rival, is a high-risk, speculative operation with few hard numbers behind it. It’s already the subject of subpoenas, from regulators and a […]

Dear Quentin, My father passed away several years ago. My parent’s home has long been paid for and my mother probably has roughly $ 120,000 in liquid assets (bank accounts, CDs and a retirement account). My sister and I are the only children, and our names are on the deed as second life tenants. Ownership […]

Dear Quentin, Is there something that can be done about financial elder abuse? My cousin “Ann” was 98 years old when she died in New York in April 2020. She did not have children and she was very special to me. I would visit her periodically and spoke to her most days. She had me […]

A financial-advice writer is drawing intense criticism and sympathy after revealing that she was scammed into putting $ 50,000 in cash in a shoebox and giving it to a stranger. But her story is far from unusual, and falling for such scams is increasingly common.  Charlotte Cowles, a columnist for New York magazine, was tricked […]

Using a credit card issued by a small bank or credit union could cost you $ 400 to $ 500 less each year than a card from a big national bank.  That’s a finding from a new survey by the Consumer Financial Protection Bureau. Credit cards issued by small institutions such as community banks and […]

Haunted by high prices and low inventory, the U.S. housing market can sometimes feel like a horror movie to prospective home buyers. Now there are fears that one villain is back from the dead: the 7% mortgage rate. After mortgage rates surged in March 2022, when the Federal Reserve embarked on a series of interest […]

Dear Quentin, My late father was under the impression that he and my stepmother had an irrevocable trust set up. He was wrong. He passed away in September and now we have learned it is actually a revocable trust. It was a mistake. My stepmom is letting her son handle things for her, and has […]

Remember Alyssa Milano? The actress of “Who’s the Boss?” and “Charmed” fame was recently in the news after she started a fundraising campaign for her son’s baseball team so they could travel to Cooperstown, N.Y. Critics were quick to respond that a Hollywood star like Milano could easily write a big fat check herself and […]

Dear Quentin, I’m a 35-year-old who works in IT and gets paid a healthy six-figure salary ($ 140,000 a year). I live in Chicago and date a lot. Over the years, I’ve been on Tinder, Match, OKCupid and Bumble, and when I tell you I’ve had a lot of dates, I’ve had a lot — […]

For the first time in the history of the Trump Organization, many of the key financial decisions will not be made by a Trump. Following a ruling by a New York state judge Friday barring Donald Trump and his two eldest sons from having any role in running the real-estate empire that was founded in […]

‘The Big Move’ is a MarketWatch column looking at the ins and outs of real estate, from navigating the search for a new home to applying for a mortgage. Dear Big Move, My 30-year-old daughter and her partner live in a very high-cost housing market.  They are getting married soon, and they are funding retirement […]

With Donald Trump’s legal liabilities growing and a presidential campaign to run, losing control of his company couldn’t have come at a worse time. After a New York judge ordered the Trump Organization to pay $ 364 million in penalties and barred the former president from any role in running a business in New York […]

Should you pass on that morning bowl of cereal or oatmeal? That’s what some people may be asking in light of a study released this week by the Environmental Working Group, a Washington, D.C.-based nonprofit focused on agricultural and chemical-safety laws in the U.S. The study looked at the prevalence of a pesticide called chlormequat […]

A Manhattan judge dealt Donald Trump a powerful blow on Friday, delivering a civil penalty totaling more than $ 450 million and giving him a three-year ban from the notoriously bare-knuckle world of New York real estate. Trump and his Trump Organization are also barred for three years from borrowing from banks and financial firms […]

Intuitive Machines Inc.’s historic attempt to place the first U.S. commercial lander on the lunar surface marks an important step for U.S. space exploration, according to Harrison Schmitt, the most recent living person to walk on the moon. “The more information we can gain about the surface of the Moon, the better it will be […]

Investors have had their eyes on the Federal Reserve and what its interest-rate decisions mean for stock markets. They had better watch the Internal Revenue Service and Treasury Department, too, because a new analysis suggests that the more money tax payments soak up, the less money will be free for stock purchases. At a time […]

Beach Boys co-founder Brian Wilson may soon be under a conservatorship following the diagnosis of a “major neurocognitive disorder,” such as dementia, according to recent reports.  The family filed for a conservatorship with the Superior Court of California on Feb. 14, and said in documents obtained by People Magazine that the musician, 81, was unable […]

Cinemark Holdings Inc.’s stock rose 3% early Friday, after the cinema operator’s better-than-expected fourth-quarter revenue overshadowed a wider-than-expected loss. Plano, Texas-based Cinemark CNK, +4.88% had a net loss of $ 18 million, or 15 cents a share, for the quarter, after a loss of $ 99.3 million, or 82 cents a share, pin the year-earlier […]