Big bargains have made a roaring comeback on bonds tied to the $16.2 trillion pile of U.S. consumer debt. Higher borrowing costs, tighter credit conditions and sharp losses have been Read more
Tag: Consumer Affairs
IRS should brace for ‘broad and deep’ scrutiny if Republicans win midterm elections. Here’s why every taxpayer should care.
Less than three months ago, a bill dedicating $80 billion for sweeping technological upgrades, staff additions and more enforcement at the Internal Revenue Service passed with no Republican votes, but Read more
News and analysis for those planning for or living in retirement
The long-term-care system is broken. How can we fix it? Dramatically improving the pay and status of direct care workers may be a good place to start. Move over, Florida Read more
Americans consider side gigs as a way to fight inflation
Do you feel like you need to take on a second job to keep up with rising prices? If so, you’re not alone. The cost of living rose 8.2% in Read more
If I sell my rental I can pay off my primary mortgage and be debt-free. Is that a good idea in this housing market?
Dear MarketWatch, I have a rental property that’s worth $175,000, and I owe $53,000. My primary home is worth $265,000 and has $108,000 left on the mortgage. My question is Read more
Fidelity launches waitlist to offer crypto trading to retail investors and why aren’t more financial products meeting the needs of Latinos in the U.S.?
Hi, MarketWatchers. Don’t miss these top stories. Fidelity launches waitlist to offer crypto trading to retail investors Fidelity Crypto has opened up an early access waitlist for retail investors who Read more
What does Twitter verification really mean?
As the new owner of Twitter, Elon Musk is spending a lot of his time these days floating proposals to charge a monthly fee for the social-media platform’s verification service. Read more
‘The bank has paid itself $18,000 in monthly fees’: After six months, my late father’s trust has not been distributed. What can I do?
My father’s father set up a trust at a major bank with my father and the bank’s trust department as co-trustees. My father died at the end of last year; Read more
Why the countdown to a recession begins now, according to these bond market signals
Recession sirens have begun to blare louder in the bond market in November, even with a red-hot U.S. labor market that has made the likelihood of an economic downturn feel Read more
How the latest Fed rate increase could (or should) curb your holiday spending
It is three weeks before Black Friday, but the Federal Reserve is about to make the post-holiday debt hangover a little more intense. By the time the latest rate hikes Read more