‘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 … Read more

‘2022 has been the scariest year of my adult and professional life’: One mortgage broker reveals how the housing slowdown upended financial security.

When mortgage rates hit 7% in the fall, Austin-based mortgage broker Aaron Kovac was a little spooked.  After a stunning rise in home sales amid ultra-low interest rates, “the market just went absolutely silent,” the 32-year-old, who has been in the mortgage industry for six years, told MarketWatch in an interview. As the housing market … Read more

Democrats release Trump’s tax returns, and CPAs have questions: ‘In order to generate these kinds of losses, you need to be super rich. It’s not a poor man’s game.’

The nonpartisan committee’s findings also raised several red flags related to the filings, namely Trump’s carryover losses, loans to his children that may or may not also be considered taxable gifts, and deduction-related tax write-offs.  That year, as the COVID pandemic hit, the Trumps reported a loss of $4.8 million. For 2018 and 2019, the … Read more

Dow up nearly 400 points as jobless claims data deemed ‘welcome news for the Fed’

U.S. stocks advanced Thursday, erasing losses from earlier in the week during the second-to-last trading session of the year. The main indexes built on premarket gains after U.S. weekly jobless claims data showed the number of workers receiving benefits has climbed to the highest level since February, a sign that the Federal Reserve’s interest-rate hikes … Read more

Tesla’s stock drop has been bad. But this company has hurt investors even more.

Elon Musk has been trying this week to defend Tesla’s abysmal stock performance in 2022. The electric vehicle giant has seen its stock plummet by 61% this year, making it the 11th-worst performing stock in the S&P 500 in 2022. “As bank savings account interest rates, which are guaranteed, start to approach stock market returns, … Read more

Barron’s 10 Favorite Stocks for 2023

The stock market is coming off its worst year since 2008, but it was finally a good year for value investing—and it was a good year for Barron’s favorite picks, as well.  Every December for the past 13 years, Barron’s has identified 10 promising stocks that could outperform the market. This year’s group had a … Read more

S&P 500, Nasdaq post worst day in month after strong data fuels worry about Fed rate hikes

The S&P 500 and Nasdaq Composite indexes recorded their worst day in almost a month on Monday, after a hotter-than-expected U.S. services-sector reading fueled concerns that the Federal Reserve may need to be even more aggressive in its inflation battle. How stocks traded The Dow Jones Industrial Average DJIA, -0.26% finished down 482.78 points, or … Read more

Zscaler stock drops 10% on conservative guidance, as it’s taking longer to close deals

Zscaler Inc. stock fell in the extended session Thursday after the cybersecurity company said longer sales cycles and other headwinds contributed to its conservative guidance, one slightly above the Wall Street consensus. Zscaler  ZS, +8.28% shares dropped 10% after hours, following an 8.3% gain in the regular session to close at $144.50. Zscaler said it … Read more

Blackstone Limited Withdrawals From Its Huge Retail REIT, Stock Slumps

Blackstone is limiting withdrawals from its huge retail real estate investment trust after a sharp rise in redemption requests from investors. In a letter posted on the Blackstone Real Estate Income Trust website, Blackstone (Ticker: BX) said that redemption requests already have exceeded the 5% quarterly limit for the REIT, which had $69 billion of … Read more

Redfin Stock Heads for a New Low. Its Business Is ‘Fundamentally Flawed.’

Redfin stock has been hit hard by a slowdown in the housing market. But an analyst says the real estate broker might also have fundamental problems with its business model. Oppenheimer analyst Jason Helfstein downgraded Redfin stock (ticker: RDFN) to Underperform from Perform in a research note published Sunday and set a 12-month price target … Read more