Dear Quentin, I was with my significant other for almost 7 years. While he was separated from his wife, they never divorced. It was due to financial reasons. Because of his difficult relationship with his wife I was made his health-care surrogate. Last September, he underwent cancer surgery, and realized …
Read More »Capitol Report: $1.9 trillion coronavirus aid package set to clear House late tonight
House Democrats hope to clear President Joe Biden’s $ 1.9 trillion economic package late Friday and send it on to the Senate, where it will face some changes. While Biden and House Democrats had hoped to use the bill — which will be immune to filibuster in the Senate — …
Read More »Economic Report: Consumer sentiment improves slightly in late February, but Americans still aren’t optimistic about economy
The numbers: Americans are still unsure how rapidly the U.S. economy will recover from the pandemic and restore millions of jobs that have been lost even as the rate of vaccinations speeds up, a new survey showed. The final reading of consumer sentiment in February inched up to 76.8 points …
Read More »The Moneyist: My wife has homeschooled our son and our best friends’ son since September due to COVID-19. Is it too late to bring up money?
Dear Quentin, My wife and I have a 7-year-old son who would normally be attending the public-school system this year. However, for a variety of reasons mostly driven by the pandemic, we decided we would homeschool our son for first grade this year. My wife is currently a stay-at-home mom …
Read More »The Moneyist: ‘I have been plagued by enormous guilt and regret:’ I tried to care for my late father, but I gave up. How can I ever forgive myself?
Dear Moneyist, I am seeking advice on how to get over a terrible mistake I made. I did not care for my aged father. I am the oldest of three brothers. One of my brothers took his own life, and my other brother did not want anything to do with …
Read More »Economic Report: U.S. consumer sentiment deteriorates in late December
The numbers: The second and final reading of the consumer sentiment index from the University of Michigan fell to 80.7 in December from an initial 81.4 earlier in the month. The index remained higher than the 76.9 reading in November. Economists polled by MarketWatch had forecast the index would slip …
Read More »The Moneyist: ‘I feel very bitter’: My sister was my late father’s power of attorney. She kept $100K of his savings. Should I pursue legal action?
Dear Moneyist, I am a 52-year-old unemployed homemaker with various health issues that have prevented me from working over the past 10 years. (I do not receive disability). My husband works full time. I have a sister who is retired, and she and her husband net approximately $ 15,000 per …
Read More »The Moneyist: My late husband did not see his son in 30 years. Should I mail his son photos and other memorabilia — and risk him making a claim on his estate?
Dear Moneyist, My late husband had not seen his son in over 30 years. He and his son’s mother decided on her receiving a larger share of assets in lieu of child support. He did see his son a few times a year for the next several years, but contact …
Read More »NewsWatch: Away from S&P 500 and other top indexes, markets are behaving as if it’s late in the cycle: Morgan Stanley strategist
MARKETWATCH FRONT PAGE You would have a hard time convincing someone looking at the major U.S. stock-market benchmarks that it is looking like the end of the cycle. Yet Andrew Sheets, chief cross-asset strategist at Morgan Stanley, says there are late-cycle indicators in current markets. See full story. Delta’s CEO …
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