News

Empty shelves, for-lease signs and job layoffs point to recession by summer
Attention, U.S. shoppers: If you see something you need or even think you will, head to Walmart or Target or a local retailer and buy it. Already you can see the shelves starting to empty. Read: ...
As talk about taxing the rich heats up, here are 7 ways millionaires stay wealthy that can help you too
One of the most common financial myths is that millionaires got rich from a single big payday - an IPO, a lucky stock pick, a windfall inheritance. The reality? The typical millionaire has at least ...
'We live modestly': My wife and I have $900K in stocks and $380K in savings and CDs. Are we holding too much cash?
My investment adviser says we have too much invested in cash instruments' I have $900,000 invested in the stock market and over $380,000 in CDs and savings. My spouse and I live modestly, have a ...
I told my bank to fund a backdoor IRA, but my adviser left the money in the wrong account. Should I sue?
Related: 'I got seriously burned': My financial adviser took me for lunch, bought my kids gifts - and had me invest $500,000 in annuities. What should I do? Both you and the adviser are culpable.
I'm 65 and a widow with 5 children. Should I split my $1.1 million nest egg between them while I'm still alive?
I'm a widow. My husband died suddenly in a car accident about five years ago, so we didn't have time to evaluate our wills. I'm 65. I had my children very young - my first son at 16, the second son at ...
Pope Leo XIV's election: Pope Francis, like Warren Buffett, mastered the art of succession
Thursday's news may have come as a surprise even to those who devotedly follow Catholic Church politics: Pope Francis elevated the Chicago-born Robert Francis Prevost, now Pope Leo XIV, 69, to ...
'I'm flabbergasted': My friend wants to borrow $5,800 to save his home from foreclosure. What should I do?
OK, I'm flabbergasted. I have a friend who just asked me for $5,800 because he's in arrears on his mortgage and they're planning on doing a sheriff sale. So I was thinking about loaning him the money, ...
Suze Orman says retirees should have a 5-year 'just-in-case' fund. Is this true?
A while back, I had people coming unglued on me when I suggested retirees should have three to five years of savings in a money-market fund or CDs. Suze Orman said a "just-in-case" fund should not be ...
My husband and I spend more money on our daughter and her family than on my single son. Do we compensate him?
'I want to be as fair as possible and avoid any potential resentment down the line' ...
I pay $4,000 a month for rent in Manhattan. Should I be paying for a mortgage instead?
I currently live in Manhattan, I'm in my mid-20s, and I'm considering buying an apartment instead of renting. My current rent is around $4,000 a month and my parents help me out. I have the following ...
Brace for Mother's Day brunch to be more expensive this year as inflation and tariffs drive up prices
Thank inflation, which is still leading many dining spots to raise menu prices. The most recent government statistics show that eating away from home costs 3.8% more than it did a year ago. That's ...
Why going to Disney's Abu Dhabi theme park may actually be cheaper than visiting Disney World in Orlando
Disney's parks outside the U.S. are often a bargain compared with its American ones Could a Disney vacation in Abu Dhabi be a bargain compared with the American equivalent? Travelers may think of the ...