News

The 'most important consumer earnings report of the season' lands this week
D.A. Davidson analyst Michael Baker has called Walmart's report on Thursday the "most important consumer earnings report of the season." And amid enduring anxieties over a possible recession, he said ...
'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, ...
Stock-market bulls face inflation test this week, but trade talks may set the tone
Some investors fear progress on trade talks, or further concessions on tariff rates by the Trump administration, may not be enough to extinguish concerns that the U.S. economy is headed for recession ...
'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 ...
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 second wife says her 2 kids should inherit our estate, but I also have 2 kids. Is that fair?
I've been married to my second wife for 10 years. I will leave the $1 million inheritance I received from my parents to my biological daughters. Everything else first goes to my wife or, if she is not ...
'We are the most privileged': My husband and I are tired of paying for our friends. How do we get them to pay their way?
'My husband almost always ends up paying for everyone or picks up the entire bill' ...
Opinion
Why tariffs are actually going to boost U.S. companies - and the stock market
Tariffs will spur investment in American production and U.S. companies will benefit. Eventually, the stock market will catch up to that reality. Read: Americans are dangerously dependent on ...
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 ...
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 ...
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: ...