Author: super@dmin

TOKYO–An auto parts maker owned by American buyout firm KKR & Co. said it is acquiring Fiat Chrysler Automobiles NV’s auto parts arm, Magneti Marelli, for EUR6.2 billion ($7.1 billion), a deal that will catapult the combined company into the top ranks of global auto suppliers. The combination of KKR-owned Calsonic Kansei, which is based…

Chinese stocks surged for a second day on Monday, propelled by a chorus of reassuring comments from leaders and top regulators. The Shanghai Composite rallied 4.6% to 2668 and the smaller Shenzhen Composite soared roughly 5.4%, putting both on pace for their best day in more than three years. The Shanghai Composite SHCOMP, +4.09% closed…

Corporate earnings over the past two weeks gave investors an injection of much-needed good cheer, with most of the roughly 20% of S&P 500 companies to report thus far bearing expectations. Yet these positive numbers may mask some troubling signs, analysts say. Some three-quarters of the 140 companies that have reported third-quarter earnings beat Wall…

Dear Moneyist, I purchased a duplex 20 years ago and am considering selling it. I paid $150,000 for the duplex, and spent about $55,000 on updates and renovations. A real estate agent has suggested selling it for $565,000, as a duplex, or converting it to condominiums and selling each for $300,000. Each unit currently rents…

Dear Moneyist, My husband of 21 years is expecting an inheritance payout in the next month or two. He wants to use the money to pay off the mortgage on our home. I am familiar with “co-mingling” and am sure he is as well. If the money is not co-mingled, will I be required to…

If I ever have trouble sleeping at night, I close my eyes and think of Clash, my dog who was named after the rock band. Giving him a home was the best decision my family ever made. He had the proud, handsome face of a Jack Russell with the wobbly behind of a Dachshund. He…

Dear Moneyist, I have somewhat of a strange tale. My mother abandoned my brother and I when we were very young, aged five and three respectively. We never heard or saw her again from that day to this. In January, I located her, some 46 years later, with the help of a private investigator. Unfortunately,…

What does it take to become wealthy? Most Americans believe it takes $2.4 million in personal net worth, or nearly 30 times the actual median net worth of U.S. households to be considered wealthy, according to The Modern Wealth Index, a May 2018 study by Charles Schwab and Koski Research, a market research company in…

If you invested in an initial coin offering (ICO), a crowdfunding tool for crypto-related ventures, in 2017, there’s a very good chance your portfolio has been shredded, according to research from professional services firm Ernst & Young. In an Oct. 19 report titled “ICOs, The Class of 2017—one year later” Ernst & Young said in…

Some people inquire about a potential mate’s age or how many previous partners they’ve had. Others are more interested in another number. Some 42% of adults say knowing someone’s credit score would affect their willingness to date that person, according to a recent survey of 1,000 adults by personal finance website Bankrate.com. That’s up from…