News

'I've been kept in poverty': Do I take a $70K job at 74 and lose my Section 8 housing allowance?

By Quentin Fottrell 'After the age of 50, I really only had sporadic contract work and I had to sell my house' "My savings ran out because of the periods of unemployment or undere ...

Think of the Stock Market as Great Businesses—Not a ‘Hissing, Writhing Bag of Poisonous Snakes’

On this episode of The Long View, Nick Murray, author and advisor to financial advisors, breaks down how investors can get in ...

How safe are cruise-ship water slides? A recent incident on a Royal Caribbean sailing raises concerns.

According to reports and a statement from Royal Caribbean (RCL), the passenger did not fall through the hole, but was nevertheless injured when a piece of acrylic glass broke off from the slide. Icon ...

Walmart and rivals report earnings, for the clearest look yet at tariffs' impact on consumers. Will CEOs talk about the elephant in the room?

When prices go up, the store is one of the most obvious places where consumers feel it. When the nation's biggest retailer, Walmart Inc., reports results on Thursday, the results will offer the ...

My aunt barely spends any money. Will we receive the contents of her safe-deposit box when she dies?

'I am asking for my mom, who is on a fixed income. It would be a nice boon.' "Mind you, we have no idea which bank it's even at." (Photo subject is a model.) ...

My wife and I are in our 50s and have $11 million. We're not leaving it to our kids. Is that wrong?

A super-duper first-world problem incoming. My spouse and I ( 51 and 59) have a household net worth of around $11 million, which includes oversized college funds for our two teenagers. We have retired ...

Investors are plowing into homebuilder stocks. Will Jackson Hole prove them wrong?

Shares of homebuilders have been among the sectors catching a bid as focus turns to the Fed's Jackson Hole, Wyo., gathering in the week ahead. The optimism also lifted small-cap stocks and other ...

Walmart and rivals report, for the clearest look at the consumer yet. Will CEOs talk about the elephant in the room?

When prices go up, the store is one of the most obvious places where consumers feel it. When the nation's biggest retailer, Walmart Inc., reports results on Thursday, the results will offer the ...

Teachers spending big on classroom supplies can look forward to broader tax breaks - but there's a catch

Once tax-filing season kicks off in January, the federal tax and spending package that became law last month will give teachers like Fulmer a broader write-off for school supplies they purchase out of ...

Smart Investor: Undervalued Stocks That Crushed Earnings, Berkshire’s UnitedHealth Buy, and a New Record for Stocks

Sign up for my weekly Smart Investor newsletter here. This week’s highlights: The Morningstar US Market Index gained another ...

3 ways to make sure the 'great wealth transfer' enriches your family

Too many families treat wealth disclosure like a surprise party: grand reveal, stunned heirs - then silence. Thiegs argues for the opposite: start early, keep it simple and maintain transparency. -- ...

'I'm confused!' Why does President Trump want a rate cut so badly?

Here's a letter from a weary Moneyist reader in the aftermath of the latest inflation data: "I'm confused! Inflation numbers are up and the stock market is also up, supposedly because Wall Street ...