Articles

: Altria and Philip Morris’ stocks fall with BAT after news of huge write-down

British American Tobacco's $31.5 billion write-down is putting pressure on U.S. tobacco stocks.

The Big Move: My wife and I are separating. I provided the downpayment, and paid the mortgage on our home. Will I be allowed to keep it if we divorce?

"I am concerned she may be entitled to half of the property although I have been making all the mortgage payments."

TaxWatch: Supreme Court weighs how far to go in ‘Super Bowl’ of tax cases that could nix wealth tax

Oral arguments unfolded Tuesday in the widely watched Moore vs. U.S. case about unrealized gains.

: PayPal brings on Fiserv veteran as it continues leadership shift

PayPal is continuing its leadership transition, this time tapping a Fiserv and Visa veteran to lead global markets.

Economic Report: ADP jobs report shows just 103,000 new hires in November. Labor market is getting weaker.

Businesses added just 1130,000 new jobs in November, paycheck company ADP said, in another sign of slower hiring and a softer U.S. labor market.

Economic Report: U.S. productivity surged in the third quarter

The productivity of American workers rose by a revised 5.2% annual rate in the third quarter, the government said Wednesday. It is the fastest pace since the third quarter of 2020. Prior to the pandemic, it is the fastest since the fourth quarter of 2009.

Economic Report: Trade deficit widens 5% to three-month high of $64.3 billion as U.S. exports decline

The U.S. trade deficit rose 5% in October to a three-month high of $64.3 billion largely because of a decline in exports of American-made autos and Covid-related drugs.

: Taylor Swift is Time’s person of the year

The pop star has been a constant presence in the news — and was also recently named to the MarketWatch 50 list of financial movers and shakers.

: Quality of life for older LGBTQ+ New Yorkers to be improved under new commission

The commission will look at health, housing, financial, social and long-term care needs.

Futures Movers: Oil prices on track for fifth straight loss ahead of inventory data

Oil futures are falling for a fifth straight day after industry data point to a rise in U.S. crude inventories.

: Harvard president on Hamas attack: ‘I was focused on action that weekend, not statements’

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The View From Unretirement: Could the retirement pension be making a comeback?

Why news from IBM and talk of "lifetime income" may lead to alternatives to traditional 401(k)s
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