Category: United States

The new year is a great time for younger workers to set themselves up for future financial security — even those who are still decades away from retirement. In fact, the sooner they start, the better. Now’s the perfect time for even entry-level workers just starting out in their careers to develop new rituals to […]

“An economic ‘soft landing’ appears to be in the cards.” The U.S. stock market’s year-end rally looks intact. Lately I have been focused on equity hedge-fund performance and the necessity of hedge-fund managers to preserve and enhance returns ahead of their Dec. 31 incentive fee calculation dates. Funds that haven’t yet closed their books are […]

From our recent travels around India, it appears that the world’s most populous country could be poised for long-term growth. An infrastructure boom is evident, government policies are making India an attractive destination for companies to uproot supply chains from China, and a digital transformation is revolutionizing access to credit. The country also has seen […]

This article is reprinted by permission from NextAvenue.org. It’s a knotty question for many couples in, or near, retirement: Where should we live? I recently saw this play out in the virtual Right Place Workshop that “Right Place Right Time” author Ryan Frederick conducted for eight people in their 60s and 70s. Most were married (though just one […]

Bitcoin rallied dramatically so far in 2023, with an over 150% gain year-to-date. A changing of the guards may be partly why. MarketWatch photo illustration/Getty Images, iStockphoto After what industry participants are calling a big, messy “cleanup” of the digital asset industry, crypto bulls are hopeful that the fledgling space will be anchored by more […]

This article is reprinted by permission from NextAvenue.org. Dorri Olds, a 61-year-old freelance writer and graphic designer, says she has spent nearly all her savings to refurbish her New York City apartment. In an emergency, she says she would sell it and consider retiring outside the U.S., possibly in a country like Costa Rica. But she […]

Google “preretirement checklist” or something similar, and you’re apt to get a lot of hits for articles about basic “block and tackle”-type things like health insurance, long-term care, investing, minimizing taxes and creating a budget. And all of that is important. But when I asked a wide range of actual, practicing financial planners around the […]

Think about your first job. Maybe it was delivering pizza, bagging groceries, busing tables or doing landscaping work. Did you get enough training to avoid potential injuries? Chances are, you didn’t, and your boss or supervisor just told you to get to work. Employing young people helps them in many ways. They can learn a trade, […]

“A few key considerations as you evaluate which ‘hustle’ is right for you.” In the world of financial literacy, a few items and actions have emerged as meme-level villains: daily Starbucks coffee, eating avocado toast, renting an apartment instead of buying a home. Gurus demonize these behaviors while wagging their fingers and criticizing personal decision-making. […]

The first rule of winning the lottery is: You don’t tell anybody that you won the lottery!  With the final Powerball jackpot of the year reaching an estimated $ 760 million, which is being drawn on Saturday night, it’s tempting to daydream about immediately putting in your two weeks’ notice at work, or telling everyone […]

It’s getting to be time to break open the bubbly. Yes, New Year’s Eve is upon us. And that means people will be looking to toast the new year with a sip of Champagne or another sparkling wine. Americans certainly have a taste for the fizzy stuff. The U.S. is the top export market for […]

Oil futures ended slightly lower Friday on the final trading day of 2023, capping crude’s first losing year since 2020 as concerns about the demand outlook outweighed potential supply disruptions and efforts by OPEC and its allies to limit production. Price action West Texas Intermediate crude for February delivery CL00, -0.61% CL.1, -0.61% CLG24, -0.61% […]

Shares of Uber Technologies Inc. and the ride-hailing giant’s smaller rival, Lyft Inc., have sprinted higher this year. But analysts on Friday suggested there might not be much left in the tank for either stock heading into 2024. Nomura analysts Anindya Das and Masataka Kunugimoto on Friday downgraded Uber UBER, -2.49% to a neutral rating […]

Don’t miss these top mutual fund- and ETF-related features: Sign up here to get MarketWatch’s best mutual funds and ETF stories emailed to you weekly! INVESTING NEWS & TRENDS These ETF strategies won big in 2023. How one analyst sees them doing next year. ETFs linked to technology and options-based strategies did well this year. How […]

(Updated with Friday’s closing prices.) The 2023 rally for stocks in the U.S. accelerated as more investors bought the idea that the Federal Reserve succeeded in its effort to bring inflation to heel. The S&P 500 SPX ended Friday with a 24.2% gain for 2023, following a 19.4% decline in 2022. (All price changes in […]

We often avoid difficult financial conversations until they become unavoidable, which is always too late. This also tends to hold true for discussions about our health and the health of our loved ones, particularly when it comes to diseases like Alzheimer’s and other types of dementia. Despite the widespread impact of Alzheimer’s, which currently affects one […]

The U.S. stock market staged a remarkable rally in 2023, but 173 stocks in the S&P 500 were still down for the year. Here’s a roundup of how well the 11 sectors of the S&P 500 fared through 10 a.m. Eastern time on Friday: Sector or index 2023 price change 2022 price change Price change […]

The new year can offer the hope of a fresh start — and a fresh slate for credit cards. While only 10% of Americans aged 65 years and older made and kept financial New Year’s resolutions in 2023, 71% have made such resolutions for the quickly approaching new year, according to research from Edward Jones. […]

Pros Driving nirvana Wide range of choices Affordable, for a Porsche Cons Android Auto not available What’s new? Style Edition 718 Spyder RS T Model discontinued The 2024 Porsche 718 Boxster is the company’s most affordable soft-top, yet it still has plenty of great Porsche POAHY, -0.97% qualities. Pricing starts at $ 70,400. Porsche makes cars […]

The Federal Trade Commission on Wednesday sued education-services company Grand Canyon Education Inc., which does much of its work with Phoenix-based Grand Canyon University, accusing the two entities of deceiving prospective students about program costs and “deceptively” marketing the school as a nonprofit. The FTC also named the university and its president, Brian Mueller, who […]