7% mortgage rates are back. But fear not, rates will fall in 2024, economists say.
Haunted by high prices and low inventory, the U.S. housing market can sometimes feel like a horror movie to prospective home buyers. Now there are fears that one villain is back from the dead: the 7% mortgage rate. After mortgage rates surged in March 2022, when the Federal Reserve embarked on a series of interest […]
Intuitive Machines first moon mission begins after SpaceX launch
A SpaceX Falcon 9 rocket carrying the Nova-C lander for the IM-1 mission launches from pad 39A at the Kennedy Space Center at 1:05 a.m. EDT on February 15, 2024 in Cape Canaveral, Florida. Paul Hennessy | Anadolu | Getty Images Texas-based Intuitive Machines’ inaugural moon mission began early Thursday morning, heading toward what could […]
Smart tax tips for freelancers, small businesses and gig workers
Tax season has rolled around again, adding to the work and worry loads of America’s small-business owners, more than half of whom are aged 50 or above, according to data from the U.S. Census and Guidant Financial surveys. For small-business owners—and freelance workers — who turned a profit, finding appropriate deductions for 2023 while also looking for ideas that […]
Younger generations gained more wealth than others since 2019, study says
Younger generations grew their wealth much faster than older Americans after the pandemic began, thanks largely to stocks, according to a new study. The total wealth of Americans under 40 surged by 80%, to $9.5 trillion, between the first quarter of 2019 and the third quarter of 2023, according to a study by the New […]
Younger generations gained more wealth than others since 2019, study says
Younger generations grew their wealth much faster than older Americans after the pandemic began, thanks largely to stocks, according to a new study. The total wealth of Americans under 40 surged by 80%, to $9.5 trillion, between the first quarter of 2019 and the third quarter of 2023, according to a study by the New […]
Nike to lay off 2% of employees, cutting more than 1,500 jobs
A man wearing a protective face mask walks past a Nike brand store in Kyiv, Ukraine, on Dec. 10, 2020. Valentyn Ogirenko | Reuters Nike is cutting 2% of its current workforce, or more than 1,500 jobs, as part of a broader restructuring, the company said late Thursday. The Beaverton, Oregon-based sneaker giant said it […]
Opinion: Hey, Donald Trump, where’s your plan to save Social Security?
If the polls and the gamblers and the bookmakers are right, Donald Trump is going to be the Republican nominee for president. And if the polls and gamblers and the bookmakers are right, he is also now the favorite to become the next president. Since whoever is sworn in next January is going to have to […]
Affirm buy now pay later vendor discusses loans, delinquencies
A young man holds a credit card and uses a laptop for online shopping. Diy13 | Istock | Getty Images Americans shopping online after midnight often make riskier transactions and are more likely to default on their loans, according to Affirm Chief Financial Officer Michael Linford. The fintech firm uses the hour a consumer attempts […]
We make $300,000. We want to buy a house for our daughter. What could go wrong?
‘The Big Move’ is a MarketWatch column looking at the ins and outs of real estate, from navigating the search for a new home to applying for a mortgage. My 30-year-old daughter and her partner live in a very high-cost housing market. They are getting married soon, and they are funding retirement accounts. My daughter’s […]
Intuitive Machines (LUNR) stock jumps after moon mission update
Intuitive Machines’ Nova-C lander “Odysseus” deploys from the upper stage of SpaceX’s Falcon 9 rocket to begin the IM-1 mission. NASA TV Shares of Intuitive Machines jumped for a second consecutive day after the company issued an update that said its moon lander mission “is in excellent health.” The Texas-based lunar company launched its inaugural […]
