‘As he reminds me, it’s not his house’: My boyfriend lives in my house with my 2 kids, but refuses to pay rent or contribute to food and utility bills. What’s my next move?
Dear Quentin, My boyfriend and I come from completely different backgrounds. I am in my mid-30s and he is 40. We both own our own homes, and had a life built prior to meeting. We have now been together for five years and we have lived only at my house for the last 2.5 years. […]
I ruined my family’s finances by withdrawing from my 401(k) to buy a house — and I regret it
I recently made a panic decision to withdraw all my money from one retirement account and I am now closing on a house in February (about $200,000). I am 36 years old, married and have a 1-year-old. Half of me is regretting it, and I’m worried about next year’s taxes due to the withdrawal and […]
The effects of inflation may be felt for decades to come: Americans are hitting pause on retirement savings
Most of us are feeling the pain of inflation now, but the rising cost of almost everything may be impacting our future selves as well: People are cutting back on saving for retirement as a result of inflation. The majority of Americans say current financial issues are more pressing than preparing for the future. Two […]
More than 68,000 global tech-sector employees have lost jobs in 2023: layoff-data tracker
More than 68,000 global technology sector employees have been laid off in the first few weeks of 2023, according to data compiled by the website Layoffs.fyi. The website’s tally of global tech layoffs in 2023 has more than doubled since last week, when it recorded just over 25,000 layoffs. The data suggest 2023 is on […]
Retiring early can trigger financial shortfall
Retiring three years earlier than expected significantly increases the chances of not meeting retirement income needs, putting greater emphasis on the benefits of working longer or working part time in retirement years. Each year of early retirement before age 65 significantly increases the chance of running out of money in retirement, according to new research […]
‘He claims it’s his home’: My mother left her Florida house to all of her children. Our brother lives there — and has no plans to move. How do we get him out?
Dear Quentin, My mother passed away three years ago and left the house to my brother, my sister and me. What little was left in her bank account was distributed among the three of us. Our brother is still living in the family home. He pays the taxes, insurance and utilities to live there. The […]
This 72-year-old is hoping to fund her retirement on GoFundMe
GoFundMe campaigns have been raising piles of cash for older Walmart workers who want to retire — but the heartwarming stories about sudden windfalls mask a dark reality about economic security and growing old in America, say retirement experts.“This is not a feel-good story, this is about the failure of our retirement system,” said Teresa […]
Curaleaf cutting staff as it exits three U.S. states
This story has been updated to provide correct figures for the number of states Curaleaf operates in; also the number of total employees at the company. Curaleaf said Thursday it has reduced its payroll by 10% as it exits California, Colorado and Oregon in the face of price compression and unchecked competition from the illicit […]
Corporate Layoffs Spread Beyond High-Growth Tech Giants: WSJ
Dow, IBM and SAP say they will lay off thousands of workers as belt-tightening becomes the new business priority. Source link
Fed rate cuts always lead to stock-market gains — but this one thing must happen too, veteran Wall Street strategist says
It’s way too early to proclaim a Goldilocks environment, even if major asset classes are at least pointing to a better chance of it. The S&P 500 SPX has gained 5% this year, and the tech-heavy Nasdaq Composite COMP is up 8%, even with a seemingly daily stream of job-cut announcements. Stay tuned Thursday to […]