Opinion: Cognitive decline in a loved one: how to spot it, what to do
Both as a financial adviser and in my prior role as an attorney, I’ve seen families struggle with cognitive decline of an aging parent. Financial and estate planning can’t take away the heartache, but they can help families avoid some wrenching situations.In this article, I’ll share two scenarios drawn from real-life circumstances I’ve observed. One […]
Sam Bankman-Fried’s two anonymous sponsors put up $700,000 to get him out of jail
Sam Bankman-Fried was released on bond after two anonymous individuals put up a total of $700,000, according to court filings. Bankman-Fried, the disgraced former crypto mogul whose FTX exchange declared bankruptcy in November, has been under house arrest in his parents’ $4 million Palo Alto, Calif., home since last month. He was released from federal custody in […]
Latest offensive in Russia’s war on Ukraine is cartological
MOSCOW — It could soon be an offense here to print any maps that don’t label Crimea and other parts of Ukraine as Russian territory. Political analysts say the new legislation is a symptom of the growing unease spreading through Russian President Vladimir Putin‘s government as the conflict continues into its second calendar year. Source link
What is Lunar New Year, and when does it start?
The Year of the Rabbit upon us. The Lunar New Year falls on Sunday, with many Asian communities celebrating the advent of spring and the beginning of a new year on the lunar calendar. It’s the most important holiday in China, which is why the Chinese government is anticipating more than 2.1 billion journeys to […]
These money and investing tips can help you spot a bear in bull’s clothing
Don’t miss these top money and investing features: Sign up here to get MarketWatch’s best mutual funds and ETF stories emailed to you weekly!INVESTING NEWS & TRENDSDeferred annuities are better deals than immediate annuities A better way of securing a guaranteed lifetime income. Read More Any way you slice it, the bears control the stock market […]
Elon Musk takes the stand as battle lines drawn in trial over Tesla tweets
Tesla Inc. Chief Executive Elon Musk took the witness stand briefly late Friday in a federal trial in San Francisco over alleged investor losses caused by his “funding secured” tweet and other tweets back in 2018. In his roughly half-hour being questioned by a defense lawyer, Musk lauded Twitter Inc. as the most “democratic” way […]
Opinion: ‘Young people know more about TikTok and Minecraft than money.’ Teenagers want to be smarter about finances — teach them.
A recession looms, inflation has skyrocketed, interest rates are rising, and many Americans’ personal finances are in jeopardy. The financial knowledge necessary for students like myself to navigate these turbulent times is in short supply, but the demand is high. The circumstances of peoples’ economic struggles are complex and systemic, as are the potential solutions. But there […]
Opinion: Opinion: More rotting assets are lurking in the shadows of the financial system
Like a lightning bolt that suddenly throws a landscape into sharp relief, higher interest rates have exposed where the financial system could buckle or break—but higher borrowing costs will last longer than a flash. The nonbank sector—made up of the thousands of private-equity funds, hedge funds, and insurance companies—now plays role the biggest banks used […]
‘Overbought and overpriced.’ Why this investor sees a bubble popping for this popular group of stocks
Investors wouldn’t be blamed for sizing up the first losing week in three for the S&P 500 and decide to start the weekend early. And stock futures are just barely positive.Who can blame them after the mixed bag of data this week that has reigniting worries in some corners about whether the Fed could push […]
China’s central bank keeps benchmark lending rates unchanged
China’s central bank on Friday kept its benchmark interest rates unchanged as the Chinese economy recovered from the country’s COVID reopening quicker than expected. The People’s Bank of China kept the one-year loan prime rate at 3.65% and five-year LPR at 4.3%, both unchanged from last month. The hold on the benchmark loan rates for […]