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5:03 p.m. April 14, 2021 - By Quentin Fottrell
After a disagreement, my aunt took over as my grandmother’s power of attorney and executor of my grandfather’s $1.3 million estate. Should I retaliate? ’I knew nothing of this until a chance meeting today with a family member’’I knew nothing of this until a chance meeting today with a family member’
5:16 a.m. April 12, 2021 - By Emily Bary
Uber says it saw its highest gross bookings on record in MarchUber Technologies Inc. [s:uber] said Monday morning that its mobility business had its best month in a year in March, while overall gross bookings reached their highest monthly level in the company's history. Uber's mobility business exceeded a $30 billion annualized gross bookings run rate during March, the company's highest monthly total since March 2020. Average daily gross bookings were up 9% on a month-over-month basis within the core mobility business, the company added. Uber's delivery business notched an all-time record for monthly performance by crossing a $52 billion annualized gross bookings run rate, up more than 150% from a year earlier. "As vaccination rates increase in the United States, we are observing that consumer demand for Mobility is recovering faster than driver availability, and consumer demand for Delivery continues to exceed courier availability," Uber said in a filing. The company also disclosed that a historical-claims settlement process with U.K. drivers, who will now be treated as workers, is expected to lead to a "significant accrual" that's likely to reduce reported first-quarter revenue and take rates. These effects will be excluded from Uber's adjusted earnings before interest, taxes, depreciation and amortization (Ebitda). Uber shares are up 3% in premarket trading Monday. The shares have gained 5.7% over the past three months as the S&P 500 has risen 8.6%.
5:58 a.m. April 11, 2021 - By Quentin Fottrell
Weary of #fakenews, more Americans are getting their COVID-related news from peer-reviewed medical journals Social media doesn’t help people differentiate what is real from what is fake, but this class of publications mightSocial media doesn’t help people differentiate what is real from what is fake, but this class of publications might.
6:48 a.m. April 10, 2021 - By Quentin Fottrell
My wife pushed me into buying a home because she provided two-thirds of the down payment. Now I’m stuck in a house I hate ‘We are now expecting our first child, which just adds to our financial responsibilities. I know I sound like an ass. Please help me see the light’‘We are now expecting our first child, which just adds to our financial responsibilities. I know I sound like an ass. Please help me see the light.’
4:26 a.m. April 10, 2021 - By Quentin Fottrell
‘What the hell!’ I’m 28, have no debt, a 401(k), Roth IRA and $45K in cash. Should I save for a house or buy a Tesla Model 3? ‘I believe I can buy the car and strap down, and save more aggressively to replenish the funds’‘I believe I can buy the car and strap down, and save more aggressively to replenish the funds.’
9:57 a.m. April 9, 2021 - By Quentin Fottrell
My cautionary tale — after an $11 mistake on my 2020 tax return my $11,000 refund and stimulus is now in limbo ‘Because of my mistake, I’m still waiting for our $5,400 refund, and our $5,600 stimulus payment’‘Because of my mistake, I’m still waiting for our $5,400 refund, and our $5,600 stimulus payment.’
12:21 p.m. March 27, 2021 - By Quentin Fottrell
I lost my job at 55 and started my own successful business. I now constantly get texts from friends and former coworkers asking how I did it. What do I do? ‘I liken these friends and former colleagues to the kids at school who march right to the head of the lunch line to get their food, without waiting in line like the rest of us’‘I liken these friends and former colleagues to the kids at school who march right to the head of the lunch line to get their food, without waiting in line like the rest of us.’
1:52 p.m. March 24, 2021 - By Quentin Fottrell
My wife has homeschooled our son and our best friends’ son since September due to COVID-19. Is it too late to bring up money? ‘She’s putting in about 15 to 20 hours each week. The two families have shared the costs of the curriculum, school supplies and art supplies’‘She’s putting in about 15 to 20 hours each week. The two families have shared the costs of the curriculum, school supplies and art supplies.’
9:48 a.m. March 22, 2021 - By Alison Fottrell
‘My pulse rate had shot up to 120 as I gasped my way into the ER’: Italy resumes AstraZeneca vaccine, and tightens lockdown More than half of Italy’s regions are now in the ‘red zone,’ just one year after the country effectively shut downMore than half of Italy’s regions are now in the ‘red zone,’ just one year after the country effectively shut down.
7:33 a.m. March 21, 2021 - By Quentin Fottrell
I married ‘the life of the party’ — but he’s different at home. He takes his money woes out on me and calls me a ‘gold digger’ ‘He was a generous man and financially stable, or so I thought’‘He was a generous man and financially stable, or so I thought.’
8:18 a.m. March 18, 2021 - By Michael Ashbaugh
Charting market rotation: Dow industrials take flight amid surging Treasury yields Focus: 10-year yield continues to take flight, TNX, NDAQ, DHI, XPO, VNOMU.S. stocks are mixed early Thursday, vacillating as market rotation persists after the Federal Reserve’s Wednesday policy statement. Against this backdrop, the Dow Jones Industrial Average has extended a break atop the 33,000 mark, as the Nasdaq Composite vies to simply maintain a posture atop its 50-day moving average.
8:53 a.m. March 16, 2021 - By Michael Ashbaugh
Charting rotational breakouts, S&P 500 rallies to record highs Focus: Transports digest March breakout, McDonald’s stages trendline breakout, IYT, MCD, VIRT, CROX, SAVETechnically speaking, the S&P 500 and Dow industrials have staged tandem breakouts — tagging all-time highs — though amid March price action that remains uneven, writes Michael Ashbaugh.
8:28 a.m. March 16, 2021 - By Michael Ashbaugh
Charting rotational breakouts, S&P 500 rallies to record highs Focus: Transports digest March breakout, McDonald’s stages trendline breakout, IYT, MCD, VIRT, CROX, SAVEBroadly speaking, the major U.S. benchmarks are acting well technically, though the March price action remains uneven. Amid the cross currents, the S&P 500 and Dow industrials have staged tandem breakouts — tagging all-time highs — while the Nasdaq Composite has sustained a break to firmer technical ground, though it remains far from record territory.
1:26 p.m. March 13, 2021 - By Alison Fottrell
‘We are weary’: Life in Italy, one year after national lockdown to stop the spread of COVID-19 ‘The presence of increased police patrols in a crowded square in Como on a recent Saturday evening is further evidence of a developing social malaise that needs to be kept in check’‘The presence of increased police patrols in a crowded square in Como on a recent Saturday evening is further evidence of a developing social malaise that needs to be kept in check.’
5:33 p.m. March 12, 2021 - By Quentin Fottrell
My daughter was a TV star and saved $1 million. If she buys a home and moves in with her boyfriend, will he have a claim? ‘If he contributed to any part of the mortgage payments, could he claim he contributed to the (increased) value of the property, asking for money if/when it is sold?’‘If he contributed to any part of the mortgage payments, could he claim he contributed to the (increased) value of the property, asking for money if/when it is sold?’
8:50 a.m. March 5, 2021 - By Michael Ashbaugh
Charting a technical question mark, S&P 500 violates the 50-day average Focus: 10-year Treasury note yield continues to take flight, Sector leaders remain in divergence mode, TNX, XLF, IYT, QQQU.S. stocks are mixed early Friday, vacillating after a stronger-than-expected monthly jobs report. Against this backdrop, the S&P 500 has ventured under its 50-day moving average for the first time since November, though amid a downturn that gets low marks for bearish style. The prevailing bigger-picture technicals are not one-size-fits-all.
6:12 p.m. March 4, 2021 - By Quentin Fottrell
As the market nosedived last year, my older brother advised me to sell. I lost $80,000. How can I ever forgive him? ‘It was only going to get worse, he proclaimed, and he had 40 years’ experience in the market’‘It was only going to get worse, he proclaimed, and he had 40 years experience in the market.’
5:27 p.m. Feb. 27, 2021 - By Quentin Fottrell
‘She is a financial idiot and partier’: I loaned my sister $4,780 for a lawyer during her divorce. I am still chasing repayments ‘She earns $90,000 to $95,000 a year, but this year’s excuse is that she is in arrears for child-support payments’‘She earns $90,000 to $95,000 a year, but this year’s excuse is that she is in arrears for child-support payments.’
8:10 a.m. Feb. 25, 2021 - By Michael Ashbaugh
Charting market cross currents: Late-month divergence persists Focus: 10-year yield matches S&P 500’s dividend yield, Financials take flight, TNX, XLF, F, ETN, ZG, HDU.S. stocks are lower early Thursday, pressured as persistently surging U.S. Treasury yields present a market headwind. Against this backdrop, the major U.S. benchmarks have largely weathered the recent market whipsaw, though amid increasingly uneven price action.
4:30 p.m. Feb. 24, 2021 - By Quentin Fottrell
‘I am held hostage in my own home’: My husband’s son lives with us. He is physically abusive and menacing ‘Because my stepson has mental-health issues, my husband thinks we cannot kick him out of the house until he is able to sustain himself’‘Because my stepson has mental-health issues, my husband thinks we cannot kick him out of the house until he is able to sustain himself’
8:14 a.m. Feb. 24, 2021 - By Michael Ashbaugh
Charting market rotation: S&P 500 maintains the breakout point Focus: Nasdaq 100 holds 50-day average, Industrials tag record highs, Airlines take flight, QQQ, XLI, JETS, UAL, ORCL, WIXU.S. stocks are higher early Wednesday, rising in the wake of a pronounced market whipsaw. Against this backdrop, the S&P 500 and Dow industrials have maintained major support, rising amid rotational, and still largely bullish, late-month price action.
8:40 a.m. Feb. 23, 2021 - By Michael Ashbaugh
Charting a market divergence, Nasdaq violates the breakout point Focus: Energy and Metals & Mining sectors take flight, Apple ventures under major support, XLE, XME, AAPL, NUE, SIGTechnically speaking, the major U.S. benchmarks have extended a downturn from recent record highs, pressured amid increasingly uneven price action, writes Michael Ashbaugh.
8:10 a.m. Feb. 23, 2021 - By Michael Ashbaugh
Charting a market divergence, Nasdaq violates the breakout point Focus: Energy and Metals & Mining sectors take flight, Apple ventures under major support, XLE, XME, AAPL, NUE, SIGTechnically speaking, the major U.S. benchmarks have extended a downturn from recent record highs, pressured amid increasingly uneven late-month price action.
9:08 a.m. Feb. 22, 2021 - By Quentin Fottrell
My father is trustee of my late mother’s estate. He is marrying again, and won’t distribute our inheritance ‘He and his new wife have already traveled to France together, and apparently intend to live it up on his personal trust and their combined income’‘He and his new wife have already traveled to France together, and apparently intend to live it up on his personal trust and their combined income.’
4:10 p.m. Feb. 18, 2021 - By Quentin Fottrell
I racked up debt to help my mother buy a home, car and pay household bills. I don’t even have my own car. Will I ever be free? ‘She is in her late 50s and it has been difficult for her to find a job. Currently, she is earning money as a care giver and doing odd jobs to get by’‘She is in her late 50s and it has been difficult for her to find a job. Currently, she is earning money as a care giver and doing odd jobs to get by.’
5:38 a.m. Feb. 18, 2021 - By Quentin Fottrell
My boyfriend, who’s 9 years younger, says he won’t move out of my house if I die before him. My adult children are not amused ‘He has done extensive repairs and upgrades to the home over the last 3 years — he performed all the labor himself while I purchased all materials’‘He has done extensive repairs and upgrades to the home over the last 3 years — he performed all the labor himself while I purchased all materials.’
7:08 a.m. Feb. 8, 2021 - By Jacob Passy
Jeff Bezos built Amazon into a monolith — but did it hurt American workers? Research has found that Amazon warehouses don’t boost local employment where they open Research has found that Amazon warehouses don’t boost local employment where they openResearch has found that Amazon warehouses don’t boost local employment where they open.
4:37 a.m. Feb. 3, 2021 - By Tomi Kilgore
Payoneer to go public after SPAC merger, that values payments company at more than $3 billionPayoneer Inc. announced Wednesday an agreement to merge with special purpose acquisition company FTAC Olympus Acquisition Corp. , which will effectively take the payments and e-commerce-enabling platform company public. The enterprise value of the combined company is expected to be about $3.3 billion. After the deal closes, which is expected to occur during the first half of 2021, the company will be named Payoneer Global Inc., and is expected to have up to $563 million in cash. FTAC Olympus's stock, which started trading on Aug. 26, 2020, rose 8.7% in premarket trading following the merger announcement. It has run up 40.6% over the past three months, while the Renaissance IPO ETF has rallied 36.6% and the S&P 500 has gained 13.6%.
10:02 a.m. Jan. 31, 2021 - By Quentin Fottrell
My father inherited money from his parents — he now tells people he earned it due to his (nonexistent) investment prowess ‘I would like my dad back, but I am afraid he is too far gone’‘I would like my dad back, but I am afraid he is too far gone’
10:10 a.m. Jan. 29, 2021 - By Jason Dorsey
7 things you need to know about Generation Z Here is what our research tells us about them as trend drivers for 2021 Here is what our research tells us about them as trend drivers for 2021
8:40 a.m. Jan. 26, 2021 - By Michael Ashbaugh
Charting market rotation, S&P 500 presses record territory Focus: Financials digest January breakout, Retail sector continues to take flight, XLF, XRT, PRU, FSLR, RIO, SRNETechnically speaking, the major U.S. benchmarks continue to trend higher, rising amid rotational market price action, writes Michael Ashbaugh.
8:16 a.m. Jan. 26, 2021 - By Michael Ashbaugh
Charting market rotation, S&P 500 presses record territory Focus: Financials digest January breakout, Retail sector continues to take flight, XLF, XRT, PRU, FSLR, RIO, SRNETechnically speaking, the major U.S. benchmarks continue to trend higher amid rotational market price action. Against this backdrop, the S&P 500 has challenged its range top early Tuesday, rising to press record territory from a shaky, but successful, test of its breakout point.
8:18 a.m. Jan. 24, 2021 - By Quentin Fottrell
I pay my gardener $100 a month. Should I pay him less if he misses a week here and there because of rain? ‘There have been one or two times over the past couple years where he did not come, and for no apparent reason’‘There have been one or two times over the past couple years where he did not come, and for no apparent reason.’
7:22 a.m. Jan. 23, 2021 - By Quentin Fottrell
My wife has a degenerative neurological disease. My father-in-law wants to put her in a facility — and take over our finances ‘My father-in-law now seems obsessed with moving my wife out of our home to some sort of group home/facility. The mere thought of this seems abhorrent and barbaric’‘My father-in-law now seems obsessed with moving my wife out of our home to some sort of group home/facility. The mere thought of this seems abhorrent and barbaric.’
8:53 a.m. Jan. 12, 2021 - By Michael Ashbaugh
Charting a decisive 2021 breakout: U.S. benchmarks clear 20-day volatility bands Focus: Rising interest rates and energy prices signal reflation trade, 10-year yield and crude oil take flight, TNX, USO, AMD, SEDG, CSCOTechnically speaking, the major U.S. benchmarks have asserted a near-term holding pattern, pulling in modestly from all-time highs. Still, the slight downturn punctuates previously aggressive January breakouts amid a still comfortably bullish bigger-picture backdrop.
8:29 a.m. Jan. 12, 2021 - By Michael Ashbaugh
Charting a decisive 2021 breakout: U.S. benchmarks clear 20-day volatility bands Focus: Rising interest rates and energy prices signal reflation trade, 10-year yield and crude oil take flight, TNX, USO, AMD, SEDG, CSCOTechnically speaking, the major U.S. benchmarks have asserted a near-term holding pattern, pulling in modestly from all-time highs. Still, the slight downturn punctuates previously aggressive January breakouts amid a still comfortably bullish bigger-picture backdrop.
1:50 p.m. Jan. 10, 2021 - By Quentin Fottrell
‘I planned to buy new tires for the winter’: I didn’t get a stimulus check because I owe back child support. Will I get one this time? ‘Minnesota’s child-support program took all the money. The government could have left me with at least some of this money’‘Minnesota’s child-support program took all the money. The government could have left me with at least some of this money.’
7:54 a.m. Jan. 7, 2021 - By Michael Ashbaugh
Charting January breakouts, U.S. benchmarks tag round-number milestones Focus: Financials and regional banks take flight amid surging Treasury yields, Health care sector tags record highs, XLF, KRE, XLV, AMAT, SWKS, DXCMU.S. stocks are firmly higher early Thursday, rising to punctuate an early-week whipsaw. Against this backdrop, each big three U.S. benchmark has tagged its latest record high as well as a round-number milestone — S&P 3,800, Nasdaq 13,000 and Dow 31,000.
8:00 a.m. Jan. 6, 2021 - By Michael Ashbaugh
Charting a bullish reversal, S&P 500 challenges record highs Focus: 10-year yield takes flight, Oil & Gas Exploration ETF extends uptrend, TNX, XOP, DVN, AA, LITEU.S. stocks are higher early Wednesday, rising as Treasury yields take flight amid a receding U.S. election overhang. Against this backdrop, the S&P 500 has tagged a nominal record high early Wednesday, while the Dow industrials have broken more firmly to record territory, rising within view of the 31,000 mark.
4:48 a.m. Jan. 3, 2021 - By Quentin Fottrell
COVID-19 has created a ‘flight to safety’ for American job hunters ‘Our findings uncover a flight to safety channel in the labor market,’ a new study says‘Our findings uncover a flight to safety channel in the labor market,’ a new study says.
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