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 ...
Tag: Credit
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...
Adani Credit Facilities Expose Collateral Web Full of Red Flags
(Bloomberg) — Financing arrangements across the Adani Group conglomerate have sent a fresh chill through ESG markets as investors wake up to a new risk. Most Read from Bloomberg Norway’s largest...
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, ...
Millions of debt collections dropped off Americans’ credit reports
Tens of millions of debt collections disappeared from Americans’ credit reports during the pandemic, a new government watchdog report found, but overdue medical bills remain a big strain on many house...
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...
The ‘sandwich generation’ is racking up an average of $7,000 on their credit cards as the Americans’ total balances spike to $930 billion — here are 4 ways to dig your way out of debt faster
Credit card balances hit record levels at the end of last year, and experts are predicting they will only continue to increase over 2023. “Whether it’s shopping for a new car or buying eggs in the gro...
Credit Suisse friendly towards crypto
Swiss investment bank, Credit Suisse, is investing in the cryptocurrency world. In a $65 million fundraising run by the company Taurus, Credit Suisse provides the largest contribution. Credit Suisse’s...
Crypto community sees advantage in owning NFTs; 52% want to buy via credit cards
Ad The vast majority of respondents in DappRadar and Alsomine’s recent joint report think owning an NFT is advantageous, while slightly over half prioritize being able to pay for NFTs using their cred...
Americans are drowning in credit card debt thanks to inflation and soaring interest rates
Credit card debt skyrocketed during the last three months of 2022, as Americans shopped their way through the holidays and potentially into financial trouble. Americans’ collective credit card balance...
‘Landmark Transactions’ To Come After Credit Suisse Deal, Taurus Exec Says
Crypto infrastructure provider Taurus is gearing up to open offices in Paris and Dubai — and boost its engineering team via incoming capital from two prominent banks. The plans come after Credit...
Credit Suisse Exits Distressed-Debt Trading in Risk Pullback
(Bloomberg) — Credit Suisse Group AG is exiting distressed debt and special-situations trading, as part of its broader exit from risky and capital-intensive businesses. Most Read from Bloomberg ...
Swiss Crypto Company Taurus Raises $65 Million From Credit Suisse, Other Banks – Finance Bitcoin News
Digital asset infrastructure provider Taurus has secured millions of U.S. dollars in investment from major banking institutions. The successful funding round comes in the aftermath of negative develop...
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...
Goldman Sachs scraps idea for direct-to-consumer credit card
David Solomon, Goldman Sachs, at Marcus event Goldman Sachs has dropped plans to develop a Goldman-branded credit card for retail customers, another casualty of the firm’s strategic pivot, CNBC ...
Crypto Firm Taurus Completes $65 Million Funding Round Led by Credit Suisse, Deutsche Bank
Taurus SA – a Swiss entity that provides an infrastructure to issue, custody, and trade cryptocurrencies – raised $65 million to improve its platform and expand internationally. Major monetary instit...
‘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...
Swipe Into the Future: Top 5 Cryptocurrency Credit and Debit Cards of 2023
Cryptocurrency has been making waves in the financial world for the past few years, and as a result, several cryptocurrency credit and debit cards have been introduced to the market. These cards allow...
Credit Suisse leads $65 million Series B in digital asset firm Taurus
Taurus SA, a Switzerland-based digital asset infrastructure company focused on servicing financial institutions in Europe, raised $65 million in a Series B funding round. Credit Suisse, Switzerl...
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 ...
LYO Credit, “the token of the people”: review
Crypto has grown over the years. Despite the boom and bust cycles witnessed over the last two years, there are still worthy projects that can be explored in 2023. Crypto is a sensitive topic and is pr...
Six numbers that show why Credit Suisse has little leeway
It has been a year since Axel Lehmann took over as chair of accident-prone Credit Suisse and about half that since Ulrich Körner became chief executive. But they have yet to stem the problems at Switz...
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...
Credit Markets Are Poised for a Gut Check After 10% Rally
(Bloomberg) — After rallying for the past three months, the mood is starting to shift in global credit markets. Most Read from Bloomberg Despite a selloff during the past week, a Bloomberg index...
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 ...