Top Financial News provided by CBS Marketwatch©
- ‘She’s living the dream’: My stepmother said I can buy my childhood home for $850,000. Is she taking advantage of me?“My late father bought our house for $250,000 in the 1990s.”
- ‘I don’t feel sorry for myself’: I’m 64 and will be renting for the rest of my life. Is that so bad?“I married a wonderful man with a good income. He left his job due to health issues and suffered a massive stroke at 53.”
- We stopped helping our neighbors with free home repairs and our friendship cooled. Who’s to blame?“Last summer, they complained about needing to replace their roof. A few months later, they bought a new SUV.”
- My father-in-law, 81, sold his $75,000 home to pay his daughter’s $50,000 debt. How can I keep him from becoming destitute?“Nothing has been set aside for his needs.”
- My partner of 17 years left me his $1 million home. His children are livid. Am I obliged to split it with them?“I never paid rent, although I put about $45,000 toward a new kitchen and a roof.”
- We have a $300,000 mortgage with a 2.75% interest rate. I want to pay it off. My husband says I’m crazy. Who’s right?“I don’t want to enter retirement owing six figures when we have the cash to clear it.”
- My spouse was awarded $90,000 from my 401(k) in our divorce. How is that fair?“I retired in 2020 and subsequently went through a divorce a few years later.”
- More than a third of S&P 500 companies are about to report earnings as market confidence cracks“With cautious to negative market sentiment, it could be a tricky week,” one strategist says.
- My husband wants to sell our $1.5 million home and invest the proceeds. But this is where we raised our kids — and I can’t bear to leave.“He wants to buy something for $600,000 now that we are empty-nesters.”
- Worried about this stock-market selloff? Relief may be coming after the midterms — no matter who wins.The nine months between Election Day and June 30 have seen the S&P 500 deliver an average return of 15.5% going back to 1950.
“My late father bought our house for $250,000 in the 1990s.”
“I married a wonderful man with a good income. He left his job due to health issues and suffered a massive stroke at 53.”
“Last summer, they complained about needing to replace their roof. A few months later, they bought a new SUV.”
“Nothing has been set aside for his needs.”
“I never paid rent, although I put about $45,000 toward a new kitchen and a roof.”
“I don’t want to enter retirement owing six figures when we have the cash to clear it.”
“I retired in 2020 and subsequently went through a divorce a few years later.”
“With cautious to negative market sentiment, it could be a tricky week,” one strategist says.
“He wants to buy something for $600,000 now that we are empty-nesters.”
The nine months between Election Day and June 30 have seen the S&P 500 deliver an average return of 15.5% going back to 1950.
Wall Street Journal Market News©
- Stocks Sink in Broad AI Rout Sparked by China's DeepSeekU.S. stocks were mostly lower, with the Nasdaq leading declines as makers of AI infrastructure suffered steep falls, many in the double digits. Nvidia was down 16%.
- Comex Gold, Silver Settle LowerGold settled 1.4% lower, down two of the past three sessions, and silver fell 2.5%, down three of the past four sessions.
- DeepSeek Won't Sink U.S. AI TitansPanic fueling the selloff of Nvidia, Broadcom and other tech giants is overblown.
- Financial Services Roundup: Market TalkGain insight on Experian, SoFi Technologies and more in the latest Market Talks covering Financial Services.
- Arabica Coffee Prices Hit Record on U.S., Colombia Tariff SpatArabica coffee prices hit a record level, as traders digested the withdrawal of President Trump’s threats to impose tariffs and economic sanctions on Colombia.
- Swiss franc, Japanese yen Rise as DeepSeek News Boosts Safe HavensThe Yen and Swiss Franc were stronger against the dollar as investors sought safe havens after Chinese start-up DeepSeek’s new AI model hit U.S. tech stocks.
- Natural Gas Falls on Shifting Weather ForecastsU.S. natural gas futures fell after weekend updates took some of the chill out of early February weather forecasts.
- Building-Products Distributor QXO Launches Hostile Bid for BeaconQXO is taking its offer directly to shareholders after being rebuffed on several occasions.
- Natural-Gas Firm Diversified Energy Strikes Deal for Permian Basin PlayerMaverick Natural Resources has operations in Texas and Oklahoma.
- What's New This Tax Season That Can Save You MoneyThere are some new wrinkles, especially for those who sell things online or bought an EV.
- Chinese Investors With Few Options Turn to DividendsCompanies with good payouts are now the hottest bet in China markets.
- U.S. Treasury Yields Fall But Direction for Long-End Yields Still Seen UpwardThe 10-year U.S. Treasury yield fell and ING said the the long end of the Treasury curve will continue trading at higher yields even as Trump hasn’t delivered anything to shock markets so far.
- Russia's Crude Exports Fairly Stable Despite U.S. Sanctions, Goldman SaysOil edged lower in early trade as Goldman Sachs said the latest round of U.S. sanctions against Russia haven’t had a significant impact on the country’s oil exports.
- The Extra Reward for Owning Stocks Over Bonds Has DisappearedThere is little sign of crimped demand for equities among individual investors, who remain bullish after two years of blockbuster gains.
- Heard on the Street's Stock-Picking SeriesCheck out the stocks Heard on the Street writers favor in their eighth annual stock-picking contest.
- What Will It Take for Home Buyers to Start Asking for a Disaster Discount?The real costs of owning a house in neighborhoods that are vulnerable to flooding and wildfires are becoming clearer.
- Now Wanted in Silicon Valley: Ho-Hum Businesses With Thin Profit MarginsVenture-capital firms are bringing AI and dealmaking to accounting, property management and other unglamorous fields.
- In China, a Cat-and-Mouse Game to Rein In CryptoRecent court cases reveal how middlemen are facilitating a booming trade, eluding a crackdown.
- One House, Three Owners: The Ballooning Cost of the American DreamThe story of home affordability in the U.S. told from a single front porch.
- Trump Adds Fuel to Claims That Big Banks Discriminate Against ConservativesThe president has told Bank of America and JPMorgan Chase to stop cutting conservatives off from doing business.
U.S. stocks were mostly lower, with the Nasdaq leading declines as makers of AI infrastructure suffered steep falls, many in the double digits. Nvidia was down 16%.
Gold settled 1.4% lower, down two of the past three sessions, and silver fell 2.5%, down three of the past four sessions.
Panic fueling the selloff of Nvidia, Broadcom and other tech giants is overblown.
Gain insight on Experian, SoFi Technologies and more in the latest Market Talks covering Financial Services.
Arabica coffee prices hit a record level, as traders digested the withdrawal of President Trump’s threats to impose tariffs and economic sanctions on Colombia.
The Yen and Swiss Franc were stronger against the dollar as investors sought safe havens after Chinese start-up DeepSeek’s new AI model hit U.S. tech stocks.
U.S. natural gas futures fell after weekend updates took some of the chill out of early February weather forecasts.
QXO is taking its offer directly to shareholders after being rebuffed on several occasions.
Maverick Natural Resources has operations in Texas and Oklahoma.
There are some new wrinkles, especially for those who sell things online or bought an EV.
Companies with good payouts are now the hottest bet in China markets.
The 10-year U.S. Treasury yield fell and ING said the the long end of the Treasury curve will continue trading at higher yields even as Trump hasn’t delivered anything to shock markets so far.
Oil edged lower in early trade as Goldman Sachs said the latest round of U.S. sanctions against Russia haven’t had a significant impact on the country’s oil exports.
There is little sign of crimped demand for equities among individual investors, who remain bullish after two years of blockbuster gains.
Check out the stocks Heard on the Street writers favor in their eighth annual stock-picking contest.
The real costs of owning a house in neighborhoods that are vulnerable to flooding and wildfires are becoming clearer.
Venture-capital firms are bringing AI and dealmaking to accounting, property management and other unglamorous fields.
Recent court cases reveal how middlemen are facilitating a booming trade, eluding a crackdown.
The story of home affordability in the U.S. told from a single front porch.
The president has told Bank of America and JPMorgan Chase to stop cutting conservatives off from doing business.