Forget the stock-market tumble — the Fed made the right move in a wild week
Federal Reserve Chair Jerome Powell helped spark a wild week on Wall Street, but a signal that policymakers have put further rate cuts on pause is looking like the right call after a closely watched inflation indicator and another round of budget brinkmanship on Capitol Hill.
The race is on to buy an EV while the $7,500 tax credit is a sure thing. Drivers should still go slow and ask these questions.
“Don’t rush into it, but be aware the clock is ticking,” said one new electric-vehicle driver.
Wall Street’s ‘Santa Claus rally’ window is about to open with the Dow down in December
Stocks have struggled ahead of the holidays despite Friday’s rally.
‘I’m betting on another 22 spins around the sun’: I’m 65 and have $3.9 million. How much should I realistically spend on a house?
“I have zero debt, no upcoming tax liabilities and no inheritance on the horizon.”
‘She has two financially stable children’: Does it make sense for my wealthy mother, a recent widow, to take out a $100,000 life-insurance policy?
“It was generous of our mom to offer.”
I was laid off. I’m 43 and my husband is 35. I have $8,000 in credit-card debt and our mortgage is $1,600 a month. What do we do?
“We have been bringing in $60,000 a year for the last couple years, until this October, when I was laid off.”
How Vuori is taking on Lululemon
When athleisure brand Vuori launched in 2015, it was headquartered in a garage, sold only men’s shorts and couldn’t get investors to give it the time of day. Now, the Carlsbad, California, retailer is expanding globally, backed by a string of marquee investors including General Atlantic, SoftBank and Norwest Venture Partners, after raising $825 million […]
Mall restaurants like Cheesecake Factory, Eataly help to draw shoppers
Editor’s note: This is the third story in a three-part CNBC series about the future of U.S. shopping malls, as developers transform the spaces to add new retailers, experiences and even apartments. Read the first and second parts. Malls used to be the destination for the buzziest stores. Now they’re home to the hottest restaurants. The […]
‘She is single and has a low-wage job’: I want to give my daughter, who is in her 30s, $50,000 for retirement. What could go wrong?
“She can invest aggressively, as she has over two decades to see her principal grow.”
November home sales surged more than expected
Investors own more than 131,000 homes in the Las Vegas Valley now. Las Vegas Review-journal | Tribune News Service | Getty Images Sales of previously owned homes rose 4.8% in November compared with October, according to the National Association of Realtors. That put them at a seasonally adjusted, annualized rate of 4.15 million units. Sales […]
