The U.S. stock-market rally has been unraveling, with a period of historic gains coming to a screeching halt, as fear that the coronavirus epidemic may reach America rattles Wall Street. The Dow Jones Industrial Average DJIA, -0.46% finished lower for a fifth straight day along with the S&P 500 index, …
Read More »Economic Report: Home permits soar to highest level in 13 years in January, even as new construction dips slightly
The numbers: Builders started construction on new homes in the U.S. at a pace of 1.57 million in January, the Commerce Department said Wednesday. This represented a 3.6% decrease from a revised 1.63 million in December, but was 21.4% higher than a year ago. Permitting activity, however, hit yet another …
Read More »Tax Guy: Two years after the Tax Cuts and Jobs Act — who are the winners and the losers?
With tax filing season now underway, we have two full years of the Tax Cuts and Jobs Act (TCJA) changes in the rearview mirror: 2018 and 2019. Are you better off than before? Is the country better off than before? Good questions. Not surprisingly, the answers depend on your specific …
Read More »The Moneyist: ‘I’m hurt!’ My husband of 5 years inherited his parents’ Californian home and didn’t put my name on the deed — what should I do?
Dear Moneyist, We’ve been married for five years — happily, or so I thought. We have shared all our assets prior to our marriage, including our current accounts and bank accounts, etc. I continued to work for five years after we married, and I just retired at 65. My husband …
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