Many CDs are paying way more than they used to (think upwards of 4%-4.5%), but should you take one out?

CDs are savings vehicles that pay a fixed interest rate for a set period of time. Getty Images If you’re on the hunt for a safe place to park your money with a guaranteed return of sometimes 4% or mor...

As interest rates rise, Biden administration will reduce the cost of some mortgages by $800 per year

The federal government said Wednesday that it’s lowering the cost of certain federal mortgages by an average of $800 per year, lowering housing costs for an estimated 850,000 homebuyers and homeowners...

PayPal CEO’s ‘unusual’ $2 million stock purchase is ‘certainly a positive’ signal

PayPal Holdings Inc. Chief Executive Dan Schulman just did something “unusual” for a departing executive. Often, executives and other insiders begin to trim their company stock exposure when they’re p...

‘I don’t use cash’: I’m 70 and my home is paid off. I live off Social Security, and I use a credit card for all my spending. Is that risky?

I am now 70 years old and partially disabled. I am fully retired, living on Social Security and Supplemental Security Income. Obviously, I have limited income. I am financially stable. I have no debts...

‘Not a time to buy’: S&P 500 exiting ‘best era’ in decades for earnings growth amid ‘dried up’ liquidity

The U.S. stock market, as measured by the S&P 500 index, appears to be exiting the “best era” for growth in earnings per share in decades as sources of liquidity have dried up, according to resear...

Credit Suisse shares fall after Swiss regulator reportedly probes chairman’s remarks on outflows

Credit Suisse Group’s CSGN, -6.64% stock fell almost 6% on Tuesday morning following a Reuters report that Swiss financial regulator Finma is looking into comments made by the bank’s chairman Axel Leh...

HSBC profit more than doubled, boosted by higher interest rates

HSBC Holdings PLC’ fourth-quarter net profit more than doubled compared with the same period a year earlier, as higher interest rates boosted its top-line growth while better cost efficiency further s...

Just how bad were holiday sales? The world’s biggest retailers are about to tell us

The nation’s retailers limped into last year’s holiday season with too much stuff that people didn’t want. We’re about to find out how much of it they were able to get rid of, and how much an avalanch...

Wall Street Expects Brutal Coinbase Earnings. Why an Analyst Upgraded the Stock.

Wall Street is mostly muted ahead of earnings from Coinbase Global expecting to see deep losses and the lowest quarterly sales in two years from the cryptocurrency broker when the group reports earnin...

Bitcoin Rises Near $25,000. It Needs to Clear Key Levels to Keep Rallying.

Bitcoin and other cryptocurrencies were rising on Monday as the march higher in digital assets continued despite a quiet day in the stock market, with investors away from Wall Street for the President...

Raiffeisen Bank shares drop after U.S. Treasury unit that enforces sanctions asks for information

Shares in Raiffeisen Bank International AG dropped in early trade Monday after it disclosed that it had received a request for information from the Office of Foreign Assets Control, the U.S. Treasury ...

Invest right now in the stock market? Why bother when cash could be king

The harder question for investors nearly a year into the Federal Reserve’s inflation fight is whether buying the dip in stocks is wise, or earning a cool 5% yield on safe-haven Treasury bills, a cash ...

At 55 years old, I will have worked for 30 years — what are the pros and cons of retiring at that age? 

Dear MarketWatch,  I currently own one home, no mortgage with rental income. I own another home that will be paid off the year I turn 55. Both valued at $750,000.  I have a 401(k) and other stocks and...

I’m a single dad earning $100,000 – how do I maximize my retirement dollars?

Dear MarketWatch,  I make over $100,000 a year, and expect to for the foreseeable future. As of now, I am contributing 8% of my income to my 403(b) with a 3% 401(a) match; all Roth. It would be more, ...

My fiancé and I are 60. His adult daughter is opposed to our marriage — and insists on inheriting her father’s $3.2 million estate. How should we handle her?

What advice would you give to a widow and widower considering marriage on how to manage finances — and deal with adult children? We are both 60 years old and plan to work a few more years, mostly for ...

A Debt-Ceiling Fight Could Raise U.S. Borrowing Costs and Worsen Budget Deficits

Illustration by Chris Cash Text size About the authors: Arvind Krishnamurthy is the John S. Osterweis professor of finance at the Stanford Graduate School of Business. Hanno Lustig is the school’s Miz...

Cathie Wood’s ARK Swoops In to Buy Shopify Stock After Recent Slump

High-profile fund manager Cathie Wood’s ARK Investment Management has increased holdings of e-commerce company Shopify and shed chip maker Nvidia the group said in a statement. ARK snapped up about $3...

Shopify stock suffers one of its worst days yet as Wall Street wonders what is to come

Shopify Inc. shares suffered one of their worst days on record Thursday, after financial results failed to provide much clarity about the road ahead in 2023. Shopify SHOP, -15.88%, which acts as the b...

I’ll inherit $40,000 from my grandmother. Should my husband and I boost our kids’ college savings accounts, or pay off credit cards and student loans?

After a terrible battle with dementia, my grandmother died a few weeks ago. She did not leave much, but I will — along with my siblings — receive about $40,000 in life insurance. I am trying to figure...

Berkshire Hathaway Slashes Stake in Taiwan Semi. What Else Buffett Sold.

Berkshire Hathaway slashed its stake in Taiwan Semiconductor during the fourth quarter and nearly eliminated what had been a large stake in U.S. Bancorp according to filings late Tuesday. Berkshire Ha...

‘I am trying to feverishly save for retirement’: My fiancé pays $1,700 a month to the IRS and owes student debt. We’re both 57. Should I marry him for his Social Security and pension?

Dear Quentin, My fiancé and I met at age 42 after being recently divorced. We have (now-grown) children from our previous marriages, but none together. We keep our finances separate. Neither one of us...

‘Been there, done that.’ Suze Orman admits to making this ‘5-figure’ money mistake — but pros say there’s a very good way to fix it

Suze Orman Getty Images for WICT “When it comes to credit card debt, I’ve been there, done that. As in 5-figure debt,” Suze Orman recently wrote on her blog. But she says, if you find yourself in a si...

The hunt for stocks with rising dividends: These fund managers have a strategy to keep your payouts growing

The broad stock-market rally so far in 2023 might make it easy to forget what a rough ride investors faced last year. It was a time when some active strategies focused on dividends, good cash-flow tre...

Here are five companies to pick if Goldman Sachs is right about the stock market being flat in 2023

Hearts, flowers and CPI data. Get ready for Tuesday. And hell hath no fury like a disappointed Wall Street. The last time CPI let the markets down — last September — stocks melted down like chocolate....

These 2 banks are now offering $2,000 cash when you sign up for their checking accounts. Should you bite?

Moving your money into the right checking account can earn an APY that’s 15x the industry average. Getty Images/iStockphoto Flashy bank account sign-up bonuses are becoming harder to ignore. Citi and ...

Berkshire Hathaway’s 4Q Equity Buys and Sales to Be Disclosed in Filing Tuesday

What were Warren Buffett and his colleagues at Berkshire Hathaway up to with their $350 billion equity portfolio last quarter? Investors will find out very soon. A regulatory filing expected Tuesday s...

These money and investing tips can build your portfolio’s offense and defense

Don’t miss these top money and investing features: Sign up here to get MarketWatch’s best mutual funds and ETF stories emailed to you weekly! INVESTING NEWS & TRENDS 10 value stocks for today’s ma...

Fed Governor warns crypto investors: ‘Don’t expect taxpayers to socialize your losses’

Federal Reserve Gov. Christopher Waller on Friday fired off a warning about the risks of cryptocurrencies, saying they are “nothing more than a speculative asset, like a baseball card.” “If you buy cr...

IRS says people in most states who got inflation-relief payments don’t have to report it on their taxes. Here’s where.

The IRS is not going to tax payments from most of the states that cut checks to residents last year in order to help them defray rising living costs. This week, the IRS has been trying to determine if...

‘Cash is the cool kid on the block’: High-yield savings accounts, Treasury Bills, money market funds, and CDs — here’s where your cash can earn up to 4.5%

Cash isn’t just the dollar bills you put in your pocket — in this market, it might seem to be a patch of steady ground. There are multiple options: People can put their money in high-yield savings acc...

‘You may want to think about a CD.’ Some CDs pay 4.5% or more right now. Should you get one?

The latest rates on CDs Getty Images/iStockphoto Certificates of deposit certainly don’t make headlines like, say, certain stocks do, but right now they maybe should. Indeed, many CDs — a type of savi...

‘Is my financial planner crazy?’ We’re 55 and 60, five years from retirement and were told we should invest more aggressively

Dear MarketWatch,  Is my financial planner crazy?  I recently saw a MarketWatch article that recommended that one’s retirement portfolio should be 100 minus their age in stocks or perhaps even more co...