My husband left me and our two kids and won’t pay the mortgage. What now?
My husband of close to 20 years left me and our two children about a year and a half ago. I have two college degrees and worked while he got his college education, which was paid for by his parents. I paid our rent, and I cashed out my retirement account (I know that was […]
Netflix returns to growth mode
Greg Peters, Co-CEO of Netflix, speaks at a keynote on the future of entertainment at Mobile World Congress 2023. Joan Cros | Nurphoto | Getty Images Netflix is correcting the Great Netflix Correction. There once was a time, long ago in April 2022, when Netflix reported a loss of 200,000 subscribers. The company forecast it would […]
SpaceX, Blue Origin, Virgin Galactic call for FAA improvements
A SpaceX Falcon Heavy rocket with the Psyche spacecraft launches from NASA’s Kennedy Space Center in Cape Canaveral, Florida, on October 13, 2023. Chandan Khanna | AFP | Getty Images With the pace of rocket launches accelerating, and competition from China rising, executives from top U.S. space companies on Wednesday urged senators to improve the […]
I’m 92 and will probably live to be 100. I have about $250,000. Thoughts?
Dear MarketWatch, I have been a single woman for many years. I am now 92 years old with a home that’s paid off and no debt. I have a few health problems, but nothing major, and I truly enjoy my family and friends. My finances include $140,000 in cash and $109,000 in a conservative portfolio […]
Airport lounges are booming, and everyone wants in
Travelers are flocking to airport lounges in search of complimentary food, drinks and perhaps most importantly, a chance to relax away from the hordes of travelers at the gate. The problem: plenty of other travelers are too. Armed with high-end rewards credit cards and fresh from years of big spending, more and more travelers are […]
Opinion: Sell signs are popping up all over the stock market
The stock market, as measured by the S&P 500 Index SPX, is struggling to maintain some bullishness after bouncing off support at 4200 (and also bouncing off its 200-day Moving Average at the same time). There are certainly headwinds presented by yet another Mideast crisis, but the technical picture presents problems of its own. First […]
Housing market is painful, ugly, anxious with 8% high rate
Today’s housing market is a toxic mix of high mortgage rates, high prices, tight supply and strangely strong pent-up demand — and it’s scaring off buyers and sellers alike. Prices were already high, driven by supercharged demand during the height of the Covid-19 pandemic. Now the popular 30-year fixed mortgage rate is at 8%, the […]
Here’s how much money you need to buy a $400,000 home with 8% mortgage rates
U.S. home buyers face a tough real-estate market, with the 30-year mortgage near 8%. Exactly how tough is it to buy a house these days? MarketWatch worked with Redfin to find out how much a home buyer needs to earn to buy a median-priced house in September 2023 with the 30-year fixed-rate mortgage at 8%. […]
September home sales drop to lowest level since the foreclosure crisis
Sales of previously owned homes dropped 2% in September from August to a seasonally adjusted, annualized rate of 3.96 million units, according to the National Association of Realtors. Sales were 15.4% lower compared with September 2022. This is the slowest sales pace since October 2010, during the Great Recession, when the market was in the […]
Netflix stock surges after earnings report, jump in subscribers
A woman starts Netflix on a TV inside her apartment. Artur Widak | NurPhoto | Getty Images Netflix shares surged 16% Thursday following a promising quarterly earnings report. The streaming giant reported several victories, including a 70% jump in its new ad-supported subscription tier. As for overall subscribers, Netflix added 8.76 million subscribers for the […]
