Author: super@dmin

Not everyone gets the kind of start in life that was given to President Trump. A New York Times investigation of President Trump’s father’s tax returns revealed the president’s father gave his son at least $413 million over the course of his lifetime. The younger Trump started earning $200,000 a year from his father’s company…

Coffee drinkers in the Northeast are fairly stingy with their barista tips, at least compared with those in the rest of the country. Up until a few years ago, those who wished to tip at a coffee shop would drop a buck or some spare change in a cup on the counter. But many tablet-based…

Early in 2019, 100 randomly selected lower-income residents of Stockton, Calif., will start to receive $500 a month. In exchange, they’ll need to do, well, absolutely nothing, and can spend the money on absolutely anything. This is free money, in every sense — and quite possibly a model for a not-so-distant-future U.S. economy, where a…

Potentially millions of teachers, social workers and other public servants wasted money repaying loans because a major student-loan company obstructed access to debt forgiveness to which they were entitled, a new lawsuit charges. The class-action suit filed Wednesday against Navient by borrowers who are eligible for Public Service Loan Forgiveness, claims that the company provided…

The finer things in life are the latest victims of escalating trade tensions between the U.S. and China. The latest round of tariffs on $200 billion worth of Chinese-made goods affects mink furs, crocodile handbags, leather accessories, silk, handmade lace, gold leaf, and fabrics used specifically for ballet, opera and theater sets. They’re among the…

Dear Moneyist, My brother has a mild form of autism, which means I am his financial manager. He trusts me implicitly and relies on me to manage his expenses and savings. As a matter of principle, I do not hold his passwords and anytime we transact from his accounts I go over to his house…

Reuters Is Tesla’s Elon Musk running out of time? David Einhorn, president of Greenlight Capital, who famously warned that Lehman Brothers was undercapitalized before it filed for bankruptcy in 2008, said Tesla Inc. is following the same doomed path. The hedge-fund manager, known for his meticulous research and data analysis, made the case that Tesla…

Tesla Inc. shares slid Friday in the wake of Chief Executive Elon Musk appearing to mock the U.S. Securities and Exchange Commission and renewing his criticism of short sellers less than a week after reaching an agreement with regulators on fraud charges. Tesla stock TSLA, -7.05%  ended 7% lower Friday, trading as low as $260.…

Dear Moneyist, I had lived in a small town in West Virginia until I was 21, then I moved to South Carolina and have lived there for 30-plus years. I’m married with two teenagers. We visited my mother around 2013 and my brother was there also. We both came to the conclusion that mom was…

Happy Friday, MarketWatchers! Here are your top personal finance stories of the day. Personal Finance Sorry, millennials: Not everyone is happier spending money on experiences over stuff Your social class might determine how happy you are with your purchases. Women say they’re less likely to succeed if they raise their voices and express emotion Over…