By Jacob Passy
Happy Tuesday, MarketWatchers! Don’t miss these top stories covering personal finance.
Barron’s wants to recognize people and organizations whose products, services, or education programs are making an impact to improve the financial health of individuals across the U.S. Be sure to head to barrons.com/celebrates for more information and to submit a nomination by Feb. 29 for the Barron’s Celebrates: Financial Empowerment program.
‘My husband’s ex-mistress is ruining our life.’ She claims she gave birth to his child and is extorting us for money
‘After he signed a waiver, I removed my husband as beneficiary from my retirement accounts, and he took his name off our joint checking and savings accounts.’
Playing the waiting game with your small-business tax return could pay off
Your business’s tax future may be clearer by the fall.
Michael Bloomberg is America’s No.1 philanthropist — how much of that is to spread his political influence?
‘Most people don’t think of charitable dollars as being an avenue to political influence, but it is,’ says David Callahan, author of ’The Givers: Wealth, Power, and Philanthropy in a New Gilded Age.’
This is the cheapest time to visit Disneyland and Disney World
Disney increased the prices of some tickets and passes for its theme parks in California and Florida.
Gen Z is financially ‘better armed and better educated’ than millennials were at their age
Millennials are still shaking off the baggage of entering adulthood during the Great Recession.
The Secure Act has a present for parents — the ‘Kiddie Tax’ is less painful
The Secure Act repeals unfavorable rates on investment income collected by children and young adults.
Home-builder confidence remains near all-time highs, despite concerns about first-time buyers
Low interest rates and strong demand are a winning combination for construction firms.
Considering a hybrid SUV? Here are 10 for under $40,000
The reputation of SUVs as gas-guzzlers is over, and a hybrid SUV won’t cost you an arm and a leg.
Two years after the Tax Cuts and Jobs Act — who are the winners and the losers?
There’s a disconnect between who actually benefited from the TCJA and who thinks they benefited.
‘I just don’t care for my stepdaughter.’ I want to give my two kids $100K a year. Would it be wrong to leave my stepdaughter out?
‘Half the time, I feel like she befriends me just so she can get a payout.’
Elsewhere on MarketWatch
HBO’s John Oliver has strong words for those who oppose ‘Medicare for All’
Oliver, born in the U.K. but an American citizen, spent most of his return from break this weekend in support of Medicare-for-all, which has been a central platform for candidates Bernie Sanders and Elizabeth Warren.
Here’s the reason Americans are saving so much of their income
Household wealth compared to income is near a record high. Unemployment is near a record low. So why is the savings rate so high?
The stock market is ignoring these ‘white swan’ events that could upend everything, Roubini warns
A number of potential disruptive ‘white swans’ can be seen on the horizon. Any of them could trigger severe economic, financial, political, and geopolitical disturbances unlike anything since the 2008 crisis.
The hedge-fund investor who has beaten Warren Buffett by 200x likely made a killing on Tesla
Renaissance Technologies, added more than 3 million shares of Tesla to its holdings in the fourth quarter of last year, as the electric-vehicle maker’s shares catapulted higher, according to public filings.
What Apple, Walmart and other U.S. companies are saying about the coronavirus
COVID-19, the new coronavirus that was first identified late last year in Wuhan, China, is becoming a dominant theme in the earnings releases and conference calls of S&P 500 companies as investors press for answers on how it will impact their business.