Marriage inevitably involves financial compromises both small and large. Joint or individual checking accounts? How much is too much to spend on a car? Name-brand or store-brand groceries? When a couple remarries late in life, the stakes get higher. How should the expenses for those bucket-list retirement trips be divided? …
Corporate America is stumbling in the dark, and so are investors. Ford and General Motors executives say they can’t estimate what lies ahead. There’s too much fog even to hazard a guess, so both companies have suspended earnings guidance — signals about future sales and profits — leaving investors to …
So you’re about to graduate from college. Congratulations. But now you have to think about finding a job and, sooner than you may prefer, starting to repay your student loans. It’s especially important to understand your options, experts on student borrowing say, because many aspects of the federal student loan …
Stock market gyrations. Inflation. Layoffs of federal workers. A possible recession. Children may overhear their parents talking about these things and not fully understand what’s going on or how it may affect their family’s finances. But if the children have questions, parents should be ready to talk, experts say. “Parents …
It is in a president’s interest to ensure that the economy and the stock market are strong. Yet the Trump administration has been doing just the opposite. The mood in the markets has been upbeat this week, largely because the president and his advisers softened their stances, rolling back some …
Even before this year’s economic turmoil hit, financial anxiety among Americans was running high. Really high. Four out of five Americans in a survey for Discover last year said they were worried about their money situation, with inflation, everyday expenses and the state of the economy leading a litany of …
If the on-again, off-again tariff announcements by President Trump have struck you as unusual, that’s for good reason. Nothing like this has ever happened before. That’s the estimation of Douglas Irwin, a Dartmouth economic historian whose 2017 book, “Clashing Over Commerce: A History of US Trade Policy,” is the leading …
Add this to worries about the likely impact of tariffs: costlier car insurance. The new tariffs on imported cars, metals and parts announced by the Trump administration are expected to raise vehicle prices by thousands of dollars if they remain in place. And because parts used in auto repairs will …
The notion that the Federal Reserve will rush in to rescue investors in a crisis has comforted investors for decades. But in the big market downturn induced by President Trump’s tariffs, no Fed rescue is in sight. Jerome H. Powell, the Federal Reserve chair, made that clear on Friday. The …
The mood has darkened in the U.S. stock market, and no wonder. Pessimism about the Trump tariffs has set off painful declines. But the picture has been less dire for people with investments outside the U.S. stock market. Holding plenty of bonds and including stakes in international stock markets were …