News

LA residents outraged over sprawling homeless encampment with tennis court, garden, BBQ pit — but city has excuse for not doing anything. Is it fair?

The city’s Department of Building and Safety has issued an ‘order to comply’ to the property owner, demanding they address ...

I turn 65 next year and will finally retire with $1.5M in my 401(k). But with a chronic health condition, do I also need long-term care insurance?

In this case, buying LTC insurance could make sense. With a strong retirement cushion and manageable expenses, he could ...

The Fed raises alarm over 'deterioration' in the US housing market — here's what that means for buyers (and why rate cuts may not be a silver bullet)

First-time buyers may feel the squeeze the most. A recent Fed board speech by Governor Adriana D. Kugler highlighted that ...

I’m 40 and my mom just died, leaving me with a $3.25M inheritance — how do I use this windfall wisely to ensure it’ll last me long term?

Beyond the tax implications, you need to make a smart plan for how to make the money last. An often cited statistic from a 20 ...

Americans are facing the biggest spike in health insurance costs in 15 years — here are 3 easy ways to protect against it

The expression “an apple a day keeps the doctor away” is both a common idiom and, given the way health insurance costs are ...

My son, 16, has been getting $700/month from Social Security since his dad died. I’m managing this money for him — but how do I make the most of it?

Due to his father’s untimely passing, Todd has started receiving $700 every month in Social Security benefits. The Social ...

Australians are blasting a new proposal that taxes ‘unused bedrooms’ to solve housing crisis — but would it work in the US?

The unused bedroom tax is one of several ideas raised at Australia’s recent Economic Reform Roundtable. Treasurer Jim ...

Americans are losing confidence in their ability to become wealthy — except for this 1 group. Here's how they're managing to buck the trend

Optimism about becoming wealthy declined across every demographic — gender, generation, parental status and income level — ...

I'm 40, getting divorced and need $90K to buy out the house for me and the kids. I have $20K in savings — do I borrow the rest or tap into my 401(k)?

Divorce often forces tough financial decisions. For 40-year-old Mel, that decision boils down to whether to withdraw money ...

Marriage counseling or divorce?

In the Garden State, all property acquired during a marriage is considered marital property, which means it belongs to both ...

The ‘Oracle of Wall Street’ who predicted 2008 crash sees trouble in US housing — and says boomers aren’t as rich as many think. Why that’s a problem

Meredith Whitney earned her “Oracle of Wall Street” nickname by calling the 2008 financial crisis before it hit. Now, nearly ...

Homebuyers experiencing ‘economic nausea’ are pulling out of deals at a record rate — why so many ‘queasy’ buyers are suddenly canceling contracts

“It’s worth noting that the housing-market tides are starting to shift slightly. Mortgage rates have been coming down, which ...