My cousin, 98, was targeted by grifters. They stole $800,000. What can I do?
My cousin “Ann” was 98 years old when she died in New York in April 2020. She did not have children and she was very special to me. I would visit her periodically and spoke to her most days. She had me named as executor of her will. I was to inherit her estate. I […]
Clothing and electronics retailers report this week, analyst caution endures
Over the past two years, clothing and electronics haven’t exactly been a big priority for shoppers, as they try to cover higher-priced groceries and gasoline. In the week ahead, results from retail chains like Macy’s Inc., Urban Outfitters Inc., TJX Cos. and Best Buy Co. will offer an update on whether consumer appetites might get […]
Inflation vs. deflation: Retailers fear falling prices
A man with a paper bag of groceries looks surprised and upset at a receipt from a supermarket with high prices against the background of an escalator with customers in the shopping center. Elena Perova | Istock | Getty Images Just ahead of the holiday season, Walmart had encouraging news for inflation-weary shoppers: Prices on […]
I’m 73 and my adviser told me to buy $1.5 million in annuities. Should I do it?
I have $1.5 million in my 401(k) and $1.1 million in my IRA. I will be 73 in 2024 and must start RMDs. A financial planner suggested that I purchase $1.5 million in annuities and invest the other $1 million in stocks and bonds. Should I take my adviser’s suggestion? Does this sound like good […]
I’m 58, earn $4,400 a month. Do I really need to replace 80% of my income?
Dear MarketWatch, I’ve heard over and over that I will need 80% of my current salary in retirement. If I’ve been putting away 20%, will I need 80% of what I bring home or 80% of my gross salary? I’m also curious if I will be able to retire at age 60. I’m 58 and […]
South Carolina primary: Trump beats Haley, but here’s why she’s staying in race
Donald Trump was projected as the winner in South Carolina’s Republican presidential primary on Saturday over rival Nikki Haley, keeping him on track to become his party’s 2024 nominee. The Associated Press called the race in the former president’s favor shortly after polls closed statewide at 7 p.m. Eastern Time. While Haley is a former […]
We want to retire to somewhere our kids and grandkids would want to live too. Our budget is $7,000 a month — where should we go?
I’m retiring in six months and live outside of Los Angeles. It’s really pricey here. I’m 68 and my wife is 61. We will have about $800,000 in total savings and IRAs, and an income of $7,000 monthly including my Social Security. We currently rent. We want to avoid high-humidity summers, but also try to […]
American Airlines is changing frequent-flier rules — here’s who is most affected
American Airlines will soon stop letting customers earn frequent-flier miles when they book trips on third-party travel sites — and the change will hurt some road warriors more than others. At the moment, American Airlines AAL, -0.72% passengers can earn miles when they buy a ticket via third-party websites such as Expedia EXPE, -2.01% or […]
Why airlines are raising baggage fees and charging more at the airport
Travelers arrive for flights at O’Hare International Airport in Chicago on March 16, 2021. Scott Olson | Getty Images News | Getty Images Airlines are raising their prices to check a bag — again. Just how much you it will cost you, however, depends on when you pay for the service. United Airlines, American Airlines […]
Novavax to settle Gavi arbitration over canceled Covid shot purchase
A health worker prepares a dose of the Novavax vaccine as the Dutch Health Service Organization starts with the Novavax vaccination program on March 21, 2022 in The Hague, Netherlands. Patrick Van Katwijk | Getty Images Shares of Novavax closed more than 20% higher on Thursday after the company said it will settle a bitter […]
