Want to estimate your monthly energy bill in a new home — before you buy it? This new service may help.
Home shoppers often try to estimate the cost of monthly utilities payments for prospective homes by quizzing real-estate agents. A new feature offered by a brokerage should help demystify that number. The feature, unveiled on Thursday by real-estate brokerage firm Redfin RDFN, +0.33%, provides energy-cost estimates for 85 million homes nationwide. The estimates are provided […]
Job openings data is missing a recent upturn in layoffs, Goldman economist says
The Labor Department’s job openings report may not be capturing a recent upturn in layoffs, according to new research from Goldman Sachs. Manuel Abecasis, a Goldman Sachs economist, looked at layoff notices filed under the Worker Adjustment and Retraining Notification Act, which require companies to notify state governments, and affected individuals, of plans to lay […]
World’s 1% captured almost two-thirds of new wealth created in two years: report
For every dollar of new global wealth earned by a person in the bottom 90% during the first two years of the COVID-19 pandemic, a billionaire got $1.7 million, according to a new analysis from the anti-poverty group Oxfam.That means that even in an era marked by the pandemic, nearly 15 million excess deaths and […]
Former FTX US head denies participation in fraud involving the company
Brett Harrison, former head of the U.S. arm of FTX, distanced himself from the crypto exchange co-founded by Sam Bankman-Fried, which filed for bankruptcy back in November. Harrison, who resigned as FTX US’s president in September, wrote about his experience with the company in a 49-part Twitter thread published Tuesday. Harrison had rarely made any […]
‘Am I crazy?’ I’ve paid my fiancée rent for 9 years and spent $10,000 improving her home. She’s also listed on my health insurance. What should I do?
I have a situation that is causing a lot of issues in my relationship. We have been dating for 17 years, have lived together for close to nine years and have been engaged for six. When I moved into her house, we agreed I would pay $600 a month in rent. Over the years, I […]
I sold my late mother’s home for $250,000. I make $80,000 and have $220,000 in student debt. I want to buy a house. Should I use all my inheritance for a down payment?
My mom passed away, and left me her house, which I just sold and will net $250,000. I’m 41 years old with no real retirement savings. I make $80,000 a year, and I am maxing out contributions to my employer-matching retirement account. I own my car, pay off my credit cards in full every month, […]
‘She never has enough money’: I was adopted by a wealthy family, but my biological grandma says I need to financially support her — and buy her a condo
My biological mom died when I was a toddler, and the state felt that my grandmother wasn’t appropriate as a placement given that they found she had mental-health issues at that time. I was adopted by an upper-class family, and all communication with my biological grandma was prohibited after the adoption. Fast forward to when […]
My mother’s will leaves everything to her 3 children. My brother died suddenly — and his wife says she will receive her late husband’s share
Dear Quentin, My father died in 2018 and everything passed to my mother per their wills that were made in 2015. My sister, brother and I were next to inherit what’s left, equally. No one’s spouse was mentioned in the will. My mother is still alive, but she is not in the best of health […]
The Fed has won its ‘war’ against inflation, says JPMorgan analyst. And now it needs to stop hiking interest rates.
“‘This is a war that [the Federal Reserve has] won, and now they are in danger of tipping the economy into recession and making the fiscal problem worse, so I wish they would be done.’” — David Kelly, JPMorgan Chase & Co. A top global markets strategist for JPMorgan Chase & Co.’s asset-management business said […]
Supreme Court investigators narrowing suspects in leak of Alito draft of decision overturning Roe v. Wade
WASHINGTON — Supreme Court investigators probing the May leak of Justice Samuel Alito’s draft opinion overruling Roe v. Wade have narrowed their inquiry to a small number of suspects including law clerks, but officials have yet to conclusively identify the alleged culprit, people familiar with the matter said. A day after the draft opinion was published last year […]