Category: random

As of 2012, about half of all adults in the U.S., 117 million people, were reported to live with one or more chronic health conditions. But for those of us who struggle with chronic illness and disease on a day-to-day basis, our conditions are much more than just a staggering statistic. From diabetes, to heart disease,…

The collapse of Lehman Brothers: 10 years later 1. The next debt crisis: There’s a $6.3 trillion elephant in the room. And it just might cause the next recession. The last downturn was triggered by Wall Street and Americans accumulating too much debt — particularly in the sizzling housing market. A decade later, it’s Corporate…

Dear Moneyist, I wrote to you some time ago about my uncle who is suffering with dementia. I wondered whether I should pay off his mortgage before he can no longer live alone and you gave me advice — thank you for that. Since then the landscape has evolved and, sadly, the circumstances have accelerated…

Dear Moneyist, My parents have always had a bad judgment when it came to my oldest brother. In addition to being the favorite, they paid nearly $1 million over several decades for schooling, trips, clothing, car, condo, wedding, etc. My other siblings and I received a tiny fraction of that. My brother is very wealthy…

While the lower and upper classes have increased in size over the past decade, the once-shrinking American middle class appears to holding ground. Just over half (52%) of American adults lived in middle-class households in 2016, up slightly from 51% in 2011, but down from 54% in 2001 and 61% in 1971, according to recent…

Dear Moneyist, This is my second marriage and my wife’s fourth. I came into the second marriage with a few assets whereas she has brought little. I am 14 years her senior and my position at work was eliminated a year ago. We have been married for eight months. She has told me some things…

Credit checks during the hiring process can exacerbate already tenuous financial situations. Credit screenings are a common part of the hiring process. Nearly one in three employers will perform one on a job candidate during the hiring process, according to a recent study from job search site CareerBuilder. From the employers’ point of view, it…

This holiday season, parents may want to throw a few extra toys in their carts. The U.S. government’s recently announced tariffs on Chinese goods spell trouble for the toy business — and shoppers. The industry might be prepared for this coming winter, because products are mostly finished and prices are set, but next year could…

Embattled British Prime Minister Theresa May on Friday warned that Brexit talks had hit an impasse and called on European leaders to present new proposals as negotiations between the two sides turn increasingly acrimonious. Following a tense meeting with her EU counterparts earlier this week in Salzburg, where her post-Brexit plans were rejected as being…

On a mixed day for U.S. stocks, the Dow Jones Industrial Average hit another new closing record Friday. The Dow was up 0.3% on Friday and 2.3% for the week to close at 27,743.50 points. The S&P 500 Index SPX, -0.04%  was little changed Friday and up 3.4% for the week. The Nasdaq Composite Index…