Prediction markets say former President Donald J. Trump has a good chance of winning. So far, the stock market is fine with that.
Category: Personal Finances
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Guarding Royal Families for $1,000 a Day: Inside Executive Protection Jobs
How three women trained to work in jobs protecting prominent families and ultra-high-net-worth individuals.
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Some Colleges Will Soon Charge $100,000 a Year. How Did This Happen?
Some Vanderbilt students will have $100,000 in total expenses for the 2024-25 school year. The school doesn’t really want to talk about it.
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Counting Inflation, the Stock Market May Have Hit a Peak
But Robert Shiller, the Nobel laureate, says valuations adjusted for high inflation suggest stock returns for the next decade are likely to be modest.
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Student Debt Is Standing in the Way of Future Nuns and Priests
For young adults who want to join certain religious orders, paying off debt before taking a vow of poverty can prove challenging. But their communities are willing to help.
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Those Billion-Dollar Lottery ‘Jackpots’ Aren’t Even Half That Big
The latest enticing lottery prizes are the product of misleading advertising and high interest rates, our columnist says.
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A Review of Robinhood’s 3 Percent Cash-Back Card
Charles Schwab stopped offering a 2 percent card years ago, and most banks don’t hand over more than 2 percent either.
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Visa and Mastercard Agree to Cap Swipe Fees in Settlement
The deal could save merchants $30 billion over five years. It would also allow them to adjust prices based on the costs of accepting different credit cards.
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Labor Department Proposes New Fiduciary Rule to Protect Investors
The Labor Department’s latest push for a new fiduciary rule would protect investors’ retirement savings and require financial services providers to change.
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The State Had One Woman’s Unclaimed Funds. It Turned Out to Be a Windfall
A financial firm told an account owner that it had turned over her money to the state. When she filed a claim, something strange happened.
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Insurers Report Rising Hail Damage Claims
Inflation is driving up the cost of materials and labor to repair roofs and cars. Adding to insurers’ costs is increased development in areas affected by severe storms.
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In the Markets, a Tug of War Between Big Tech and the Fed
On Wall Street, excitement about A.I. outweighs concern about interest rates. But rocketing stocks could make it tough for the Federal Reserve to cut rates.