After 2 stormy years of ‘moonshot’ house prices, don’t hold out hope for a major correction. Why COVID-era property values may be here to stay.

There is hope for first-time buyers looking to enter the U.S. housing market, but observers say they will have to be patient. After a two-year surge in home prices during the COVID-19 pandemic, the ho...

‘I have great plans for myself’: My girlfriend doesn’t understand how her student loan works and rents a pricey apartment. What if we marry — and divorce? 

My girlfriend and I have been in a relationship for seven months, and it is getting more serious. I don’t expect us to get married in the next year but I like to plan ahead and if things keep working ...

Boeing Changes Will Make Planes Safer, Executive Says

EVERETT, Wash.––Boeing safety chief said changes under way at the plane maker following two deadly 737 MAX crashes should prevent engineers from designing another automated cockpit system without suff...

Good news for home buyers? Fannie Mae chief economist says the U.S. housing market has finally turned a corner. Here’s why.

The inventory shortage, high prices and rising interest rates have finally bitten. Single-family home sales fell sharply by 16.6% in April to a seasonally adjusted annualized rate of 591,000, accordin...

Opinion: Snap’s warning of a weaker outlook sends ripples through tech stocks

An unexpected warning about the deteriorating economy by Snap Inc. Chief Executive Evan Spiegel rippled through internet and social-media stocks late Monday, potentially ruining the market’s comeback ...

Bank of America is raising its hourly minimum wage to $22 — here’s how many people don’t even come close to pay like that

Bank of America workers are getting a pay bump at the end June when minimum wages climb to $22 as a part of the major bank’s longstanding plan to get its starting rate to $25 by 2025. It’s good news f...

5 Ways To Manage The Emotional Labor

Emotional labor has increased with leadership. getty Great leadership has never been easy, especially if you’re doing it well. But it’s arguably harder now than it’s been in the recent past, and it re...

Corporate Board Diversity Benefits Companies and Stakeholders

Text size It is in the best interest of shareholders for companies to evaluate their board composition regularly, establish policies and processes to ensure board diversity, and disclose the compositi...

‘The dip is your friend’: Why some advisers are telling young investors to buy stocks, despite stagflation fears roiling markets

How low can stocks go? This question has made investors nervous, as they fear one bottom after another. The answer: Pick a number. Some analysts say brace for further drops, others expect a bounce. Wa...

GameStop Faces Class Action Lawsuit For Alleged Breach Of Labor Law

CNW Group Deere Reports Second Quarter Net Income of $2.098 Billion Deere & Company (NYSE: DE) reported net income of $2.098 billion for the second quarter ended May 1, 2022, or $6.81 per share, c...

Americans are still saving for retirement — and becoming 401(k) millionaires

Americans may be afraid to look at their retirement accounts thanks to stock market volatility, but many investors are still staying the course, according to Fidelity Investments’ most recent data rel...

‘I partially support my partner of 12 years as his business is, sadly, failing’: I’m 33, and have $300,000 in company stock. Should I sell those shares to pay off my debt of $56,000?

I am 33 years old, I currently make just over $120,000 a year, including an annual bonus, and my company has gifted me with around $300,000 in equity in the firm, although our stock is brand new, so i...

What is retirement really like?

We hear a lot about how prepared (or ill-prepared) people are for retirement. But what’s life really like for people in retirement? A fascinating new survey from the Age Wave research and consulting f...

The cost of retiree healthcare is climbing— here’s what you should expect to spend

Healthcare costs continue to rise — Americans planning to retire should prepare ahead of time.  The average 65-year-old couple retiring in 2022 can expect to spend $315,000 in retirement on healthcare...

Walmart Anticipates a Store Manager Shortage Despite $200,000-a-Year Pay

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Can I turn my posttax 401(k) into a Roth?

Q.: I’m 74 and taking out the required withdrawals. Can I turn the post- tax 401(k) into a Roth so I don’t have to pay taxes? A.: Yes, sort of. How to do that varies. Though a Roth 401(k) account is a...

Walmart Can’t Find Enough Store Managers, Even at $200,000 a Year

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The Companies Cutting Staff, Freezing Hiring or Slashing Costs: See the List

Companies which saw substantial growth during the Covid-19 pandemic are starting to take a more cautious approach toward hiring and spending. From Peloton Interactive Inc. and Meta Platforms Inc. to T...

Opinion: This giant pension scandal is hiding in plain sight

Hard working Americans, many on low wages, are losing pension dollars they earned. It affects millions. And it’s legal. In a nutshell: Some of America’s biggest companies run their shop floors so that...

We want to retire in a few years, and have about $1 million saved. Should I move my money to a Roth, and pay off my $200,000 mortgage while I’m at it?

Dear MarketWatch,  I’m 64 and my husband is 62. We plan to work until he is at least 65, so three or four more years. We have about $1 million total in various accounts, but my own IRA has $400,000 in...

Carvana laying off 12% of workforce, execs to forego salaries for rest of year

DETROIT — Online automotive retailer Carvana Co. says it’s letting go about 2,500 workers, roughly 12% of its workforce, as it tries to bring staffing and expenses in line with sales. The Phoenix comp...

Opinion: Which jobs have come back, and which ones haven’t

Although the recovery in output, wealth and hours worked has been remarkable since February 2020, the U.S. economy remains deeply scarred by the COVID-19 pandemic. Total hours worked in the nonfarm ec...

The office ‘is over,’ Airbnb CEO Brian Chesky says, and flexibility is the future

““I think that the office as we know it, is over.”” That’s Airbnb Chief Executive Brian Chesky, in an interview with Time magazine’s The Leadership Brief published Sunday. “It’s kind of like an anachr...

US Senator Introduces Bill Prohibiting Labor Department From Interfering With Crypto in Retirement Accounts – Regulation Bitcoin News

A U.S. senator has introduced a bill to prohibit the Labor Department from issuing a regulation or guidance that limits the type of investments investors can choose in their retirement plans, includin...

‘She has no ambition’: I’m 41 and make $100,000. I’m buying a home before getting married. My fiancée earns $50,000 and has $20,000 in student debt. What’s a fair prenup?

I have been in my current relationship for almost three years. I’m a young woman, 41, have a great, stable career and make about $100,000 a year. I am ambitious and my prospects have me increasing my ...

Starbucks accused of more than 200 labor violations in NLRB complaint

Starbucks workers react as they speak to the media after union vote in Buffalo, New York, December 9, 2021. Lindsay DeDario | Reuters The regional director of the National Labor Relations Board in Buf...

The Fed raised interest rates – what to do now with your retirement portfolio

Inflation is rising, the stock market is volatile and now the Federal Reserve has raised interest rates – but investors, as always, should steer clear of any major changes, financial advisers said.  T...

U.S. Added 428,000 Jobs In April—Beating Expectations As Hot Labor Market Spurs Fed Rate Hikes

Topline The U.S. added back another 428,000 jobs in April, performing better than economists expected as the strong labor market recovery encourages Federal Reserve officials to more aggressively rais...

Why did the Dow plunge more than 1,000 points? Should I wait for stocks to sink lower? Here’s what some pros think.

What a difference a day makes. Fresh off the best percentage gain for the Dow Jones Industrial Average DJIA, -3.12% since Nov. 9, 2020, the blue-chip index got clobbered, along with the rest of the st...

6 things to know before you jump into retirement

I’m six months into my retirement from the corporate world. How are things going? Any regrets? Any big surprises? No regrets, for sure. I knew that leaving the workplace at age 61 would be a trade off...