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Construction spending edges up, no thanks to the private sector
News 5 months ago
Construction spending edges up, no thanks to the private sector

The numbers: Construction expenditures were just 0.1% higher in August than July, led once again by public spending, the Commerce Department said...

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The reason you’re in debt may be hiding in plain sight
News 5 months ago
The reason you’re in debt may be hiding in plain sight

More Americans appear to be spending beyond their means. And as one Reddit user discovered, living that way for too long can make it difficult to...

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A decade after the housing crisis, foreclosures still haunt homeowners
News 5 months ago
A decade after the housing crisis, foreclosures still haunt homeowners

MARKETWATCH PERSONAL FINANCE Those who went into foreclosure during the housing crisis are still feeling its effects. See full story. See Also Sen....

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Mortgage rates hit a seven-and-a-half-year high as the easy money era comes to a close
News 5 months ago
Mortgage rates hit a seven-and-a-half-year high as the easy money era comes to a close

Rates for home loans jumped along with yields in the broader bond market, taking financing costs to a recent high and raising fresh questions about...

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Salesforce Tower observation deck to open to public for free in early 2019
News 5 months ago
Salesforce Tower observation deck to open to public for free in early 2019

If Salesforce.com Inc. follows through with its plans, the best view in San Francisco will be available to the public for free next year. On...

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Pending home sales drop as summer selling season limps to a close
News 5 months ago
Pending home sales drop as summer selling season limps to a close

The numbers: U.S. pending home sales sank 1.8% in August, the National Association of Realtors said Thursday. What happened: NAR’s index, which...

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My boyfriend wants me to pay half his mortgage as rent—and calls my desire to buy property an ‘escape home’
News 5 months ago
My boyfriend wants me to pay half his mortgage as rent—and calls my desire to buy property an ‘escape home’

Dear Moneyist, My home is finally selling after a divorce some years ago. I will clear just enough profit to potentially make a down payment to...

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Bed Bath & Beyond margins suffer as it uses coupons to compete with Amazon
News 5 months ago
Bed Bath & Beyond margins suffer as it uses coupons to compete with Amazon

Bed Bath & Beyond Inc. is having difficulty competing with Amazon.com Inc. on price without coupons and other discounts, hurting its margins,...

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A decade after the housing crisis, foreclosures still haunt homeowners
News 5 months ago
A decade after the housing crisis, foreclosures still haunt homeowners

Maria Landi, a 75-year-old retired insurance specialist, and her husband John, had been making payments on their East Brunswick, New Jersey home...

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Generation Z home buyers have family money and move fast to purchase property
News 5 months ago
Generation Z home buyers have family money and move fast to purchase property

Though they still represent just a small fraction of the housing market thus far, Generation Z home buyers are different from their older peers....

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My mother’s live-in boyfriend has no job, no money and a lot of debt—what happens to her house after she dies?
News 5 months ago
My mother’s live-in boyfriend has no job, no money and a lot of debt—what happens to her house after she dies?

Dear Moneyist, My mother is retired and lives in Florida. She still owes money on her home. Five years ago her boyfriend Jerry moved in with her....

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California’s ‘golden’ economy could be tarnished by Trump tariffs, high cost of living
News 5 months ago
California’s ‘golden’ economy could be tarnished by Trump tariffs, high cost of living

The huge California economy has enjoyed a remarkable rebound in the past six years, but things might not be as golden for the Golden State in the...

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New-home sales tick up as housing shortfall tops 4 million
News 5 months ago
New-home sales tick up as housing shortfall tops 4 million

The numbers: New-home sales ran at a seasonally adjusted annual 629,000 rate in August, the Commerce Department said Wednesday. What happened:...

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Michael Kors has fought to reclaim a high-end image — but is it ready to run Versace?
News 5 months ago
Michael Kors has fought to reclaim a high-end image — but is it ready to run Versace?

Michael Kors Holdings Ltd. may have scored points by limiting how often its clothes end up on the discount rack and it has already upgraded its...

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Home-price gains decelerate again as housing market tries for a soft landing, Case-Shiller says
News 6 months ago
Home-price gains decelerate again as housing market tries for a soft landing, Case-Shiller says

The numbers: The S&P/Case-Shiller national index rose a seasonally adjusted 0.2% and was up 6.0% for the year in July. The 20-city index rose 0.1%,...

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Home-builder stocks are beaten down, but analysts are super-bullish on ‘super-affordable’
News 6 months ago
Home-builder stocks are beaten down, but analysts are super-bullish on ‘super-affordable’

It’s hard out there for the home builders. In late July, D.R. Horton, Inc. DHI,-1.00%, announced third-quarter results that beat estimates, and...

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My uncle with dementia needs long-term care—should I refinance his house?
News 6 months ago
My uncle with dementia needs long-term care—should I refinance his house?

Dear Moneyist, I wrote to you some time ago about my uncle who is suffering with dementia. I wondered whether I should pay off his mortgage before...

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Americans’ fascination with ‘mortgage rates:’ a tour through financial market history
News 6 months ago
Americans’ fascination with ‘mortgage rates:’ a tour through financial market history

When President Donald Trump lashed out at Google, calling it “rigged” to show negative stories about him when users searched on the term “Trump...

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My stepmother wants to put her name on the deed of my late father’s house, then she says she’ll split it
News 6 months ago
My stepmother wants to put her name on the deed of my late father’s house, then she says she’ll split it

Dear Moneyist, My parents got divorced when I was young and my dad remarried someone and they got a house together, but my dad never put her on the...

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iPhone lines were shorter this year, though that might not mean much for Apple
News 6 months ago
iPhone lines were shorter this year, though that might not mean much for Apple

Waiting in line for an iPhone doesn’t seem to hold the allure it once did, but a dwindling band of analysts still camp out with Apple Inc.’s...

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This chart shows the haves and have-nots of the housing market, and it’s getting worse
News 6 months ago
This chart shows the haves and have-nots of the housing market, and it’s getting worse

More than a decade after the housing crisis, homeowners have been made whole — and then some. But the amount of mortgage debt that Americans owe...

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Mortgage rates jump to four-month high as housing market hits a bump
News 6 months ago
Mortgage rates jump to four-month high as housing market hits a bump

Rates for home loans jumped in step with yields in the bond market even as fresh reminders of familiar headwinds stalked the housing market. The 30...

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Buyers are ‘fatigued,’ ‘burned out,’ but kept house-hunting even in August, real-estate agents say
News 6 months ago
Buyers are ‘fatigued,’ ‘burned out,’ but kept house-hunting even in August, real-estate agents say

The sharp slowdown in the housing market has come as no surprise to most observers. A steep imbalance between supply and demand, overheating prices...

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My late partner left me with survivorship rights on our home, but her son wants to charge me rent
News 6 months ago
My late partner left me with survivorship rights on our home, but her son wants to charge me rent

Dear Moneyist, Over five years ago I lost my life partner Jane to cancer. We never married, but lived together for over 25 years. Her adult son ...

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Existing-home sales hold steady as housing begins to find some balance
News 6 months ago
Existing-home sales hold steady as housing begins to find some balance

The numbers: Existing-home sales ran at a seasonally adjusted annual 5.34 million rate in August, unchanged compared to July, the National...

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How to get a discount even if there’s no sale
News 6 months ago
How to get a discount even if there’s no sale

This article is reprinted by permission from NerdWallet. If you don’t see a sale sign, it doesn’t mean you can’t get a deal. Here are four ways you...

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Amazon reportedly aims to open 3,000 cashierless stores by 2021
News 6 months ago
Amazon reportedly aims to open 3,000 cashierless stores by 2021

Amazon.com Inc. is considering a massive expansion of its cashierless AmazonGo stores, aiming to open as many as 3,000 nationwide by 2021,...

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This is why Americans are losing confidence in the housing market
News 6 months ago
This is why Americans are losing confidence in the housing market

Owning a home was once a time-honored life milestone. Buying real estate was simply what you did as an adult in America, and for many people...

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Accidental landlords — an unwelcome consequence of the housing market shock
News 6 months ago
Accidental landlords — an unwelcome consequence of the housing market shock

During the bubble years of the mid-2000s, Americans were encouraged, often inappropriately, to become homeowners. As prices spiraled unsustainably...

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Homeowners are sitting on a record $6 trillion in equity but are wary of tapping it
News 6 months ago
Homeowners are sitting on a record $6 trillion in equity but are wary of tapping it

American homeowners have amassed a record $6 trillion in equity in their properties, a figure boosted by surging home prices and a trend of owners...

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