Dear Moneyist, My parents, who are now deceased, had a living trust with a provision for creation of a new trust that would allow my brother and I to share the income from that trust during our lifetimes. When we both die, the principal from that trust is to be distributed in equal parts to […]
Dear Moneyist, I am 71 and have been married for 27 years. My wife is 65. We hooked up one night and later on in the dating cycle when sex was imminent I asked if we needed to use birth control. She said it wasn’t needed as she was infertile and couldn’t conceive. Turns out, […]
Good riddance, February. The S&P 500 SPX, -0.82% dropped 8.2% last month, which is rough, but it’s even worse considering its 12.7% peak-to-trough decline. Read: Can the Fed heal a coronavirus-stricken market that just saw $4.3T in value vanish over 7 sessions? Ben Carlson, portfolio manager at Ritholtz Wealth Management, took a deep dive into […]
Former Vice President Joe Biden, fresh off a big win Saturday in South Carolina’s Democratic primary, had a consistent message across the Sunday talk shows the following day. “Look, the people aren’t looking for revolution. They’re looking for results,” Biden said on “Fox News Sunday.” “They’re not looking for revolution. They’re looking for results,” he […]
President Donald Trump reignited his feud with Democratic presidential candidate Mike Bloomberg, targeting his advisers in tweets overnight Saturday into Sunday morning. “Mini Mike Bloomberg’s consultants and so-called ‘advisors'(how did that advice work out? Don’t ask!), are on the ‘gravy train’ and all making a fortune for themselves pushing Mini hard, when they knew he […]
biden wins sc Business Insider Former Vice President Joe Biden has won the South Carolina primary, Decision Desk HQ projects. Biden’s victory also marks the first time the former vice president has won a primary between his three presidential runs in 1988, 2008, and now, 2020. Biden’s South Carolina win keeps his campaign viable and […]
A historic week for the stock market ended with a big, fat question mark: what will the government and the Federal Reserve do about the coronavirus outbreak that threatens to decimate the longest-running bull market on record? The infectious disease, Covid-19, which reportedly originated in Wuhan, China, late last year, reached viral proportions this week […]
Mattel The Cybertruck comes in two sizes and both are radio-controlled Mattel Inc. has added the Tesla Inc. Cybertruck to the Hot Wheels lineup. The toy maker has radio-controlled versions available for pre-order in two sizes: a three-inch vehicle that can race on a Hot Wheels track, priced at $20; and a limited-edition version that’s […]
Walmart Inc. confirmed it will be launching a membership program, Walmart+, that’s already being called a rival to Amazon.com Inc.’s Prime program, but there are some experts don’t see it that way. Amazon Prime AMZN, -0.03% has more than 150 million Prime members around the world, according to a statement from Chief Executive Jeff Bezos […]
Cole Haan Cole Haan is a 90-year-old brand focused on lifestyle and performance shoes and accessories Cole Haan, the shoe-and-accessory maker with a mission to “inspire our customers to live extraordinary lives” through their sneakers, wallets and hosiery has filed to go public, with plans to list on the Nasdaq under the ticker “CLHN.” With […]