Category: United States

Italy’s UniCredit is no longer among the world’s globally systemically important banks. These banks, known colloquially as the too-big-to-fail banks, are required to hold more capital than other institutions. The list is maintained by the Financial Stability Board, after consultations with national authorities as well as the Basel Committee… Master your money. Subscribe to MarketWatch. […]

Whether you’re looking for speed, looks, performance, luxury, or even all-wheel drive for a reasonable price, consider one of these impressively fast, impossibly affordable cars.  Here are 10 scary fast cars on a $ 30,000 budget.  1. 2014 Audi RS 5 Drop-dead gorgeous looks, a 450-horsepower 4.2-liter V8, and standard… Master your money. Subscribe to […]

Profits at China’s big industrial companies continued to improve in October, thanks to Beijing’s efforts to stimulate domestic demand. Industrial profits rose 2.7% from a year earlier in October, marking the third month of on-year increase, the National Bureau of Statistics said Monday. In the first 10 months of the year, China’s industrial… Master your […]

Both the House and Senate are due to get back to work this week after their Thanksgiving break, and lawmakers have a lot on their plates. A divided Washington put off the threat of a partial government shutdown until mid-January by enacting a short-term spending bill in mid-November, but the measure didn’t address President Joe […]

Barring a sudden bout of post-Thanksgiving indigestion, the U.S. stock market looks poised to log a healthy November rally. And while there are certainly no guarantees, history says momentum is likely to beget momentum into year-end. “I think the market is set up for a strong, final six weeks of 2023 and I would expect the […]

Don’t miss these top money and investing features: INVESTING NEWS & TRENDS There’s still plenty of time to ride this stock market rally A new seasonally bullish period is beginning. Read More How to make money from retailers’ post-Thanksgiving Black Friday results Retailers’… Master your money. Subscribe to MarketWatch. Get this article and all of […]

The Internal Revenue Service is delaying a tax-reporting rule that would have required payment platforms including eBay and PayPal to send out scores of potentially confusing tax forms to their users. For a second straight year, the federal tax collector is holding off on implementing a rule that would have required certain payment platforms to […]

When it comes to estate planning and family giving, the funds tend to run downstream to the younger generations. But one strategy — called upstream giving — could assist older generations during their lifetime and lessen taxes for the family overall. This complicated strategy isn’t for the faint of heart. There’s a lot to consider, […]

How did this happen? Now that the shift from defined-benefit plans to 401(k) plan is almost complete (see Figure 1), everybody seems to be talking about defined-benefit, or DB, plans.  They were on the wish list of the United Auto Workers. The Wall Street Journal had an editorial arguing that the time is perfect for […]

Dear Moneyist, My spouse created a revocable trust two months before our marriage without my knowledge. He placed all of his money in the trust fund. We are now getting a divorce. Am I entitled to any of his assets? Or not? He also bought an investment property, supposedly with his trust fund, a month […]

Dear Quentin, I have been in a relationship with this man for five years. I moved into his home a year ago. The plan was for me to pay all the utilities, dog expenses, and groceries. I cook and clean, and take care of things around the house and now he is asking me to […]

You already know not to click on suspicious emails, and to ignore those typo-laden texts claiming to be from a delivery service with an undeliverable package. Now fraudsters have found a way to take scam phone calls to the next level. These are similar to typical phone scams, where you get a call from someone […]

In a recent discussion with British Prime Minister Rishi Sunak, tech billionaire Elon Musk prophesied that there “will come a point where no job is needed,” owing to advances in artificial intelligence. “You can have a job if you want a job,” continued the CEO of Tesla TSLA and SpaceX, “but AI will be able to do everything.” […]

Being laid off is always tough, but especially so around the holidays. Just ask the Citigroup C employees who learned they were being let go the week before Thanksgiving. But there’s a small silver lining to losing your job at this time of year. December is actually a great time to build your network and […]

If ignorance is bliss, then ostriches — famous for burying their heads in the sand when stressed — might be the happiest birds in the animal kingdom.  There’s just one problem with that theory: ostriches don’t actually bury their heads in the sand. Instead, when overwhelmed or afraid, ostriches run away or hide — reactions I’ve also seen […]

The stock market, as measured by the S&P 500 Index SPX, has decisively broken out and continues to plow ahead, building on the recent upside push over 4400. Even though there are some signs of an overbought market, we are not seeing any confirmed sell signals yet. SPX has overcome two small resistance levels, with […]

This is reprinted by permission from .  A broken website. Sold-out items. Shipping delays. These conditions can be detrimental to small businesses during the holiday season, arguably the busiest time of year for retail sales. “We see some of our clients in one weekend — like over Black Friday, Cyber Monday — make more money that […]

Americans have spent more than $ 7 billion shopping online during Black Friday, snapping up TVs, smart watches, Barbie dolls and more as the big post-Thanksgiving shopping day increasingly moves away from malls. Online shopping on Black Friday is on track to set a new all-time high, with “record” discounts luring consumers to spend $ […]

If you start me up, I’ll never stop. The Rolling Stones, those older rock stars who seemingly never stop, announced a new North American tour Tuesday sponsored by none other than AARP. ?The Stones will launch their 16-city tour in Houston on April 28. While tickets go on sale to the general public Dec. 1, […]

Recent advances in longevity research have led many retirees to embrace a “Live to 100!” rallying cry. Their goal: to stay alive for a full century. But what if making it to 100 is more curse than blessing? There’s nothing celebratory about living that long if you’re miserable. Your physical decline can sabotage your final […]