Articles

‘We have no health insurance’: My late wife had no assets and our home was in both our names. Am I responsible for her medical debts?

“Can they take our house?”

I’m wife No. 4. My husband’s first wife is owed 50% of his federal pension when he dies. Where does that leave me?

“Going through some old paperwork, I found the divorce decree from his first wife.”

Dr. Martens shares plunge to record lows on discount bulk sale via Goldman Sachs

Dr. Martens’ investors sold 70 million shares in the bootmaker at a price of 57.85 pence per share, in what marks a 10% discount on its closing share price on Thursday

Olympic skier Lindsey Vonn and boyfriend Diego Osorio slash the price of their $4.5 million Miami Beach home

The couple is offering a big discount on the 3,016-square-foot Florida dwelling after first listing it a year ago.

Treasury yields just shy of two-week highs amid optimism on the U.S. economy

Bond yields inched lower early Friday as as Wednesday’s jumbo rate cut by the Federal Reserve continued to be absorbed

Mercedes-Benz cuts guidance on slump in China’s economy

Mercedes-Benz shares fell 8% on Friday morning as the company cut its guidance for the second time since July

This is what the Fed’s interest-rate cut means for distressed companies

This week’s aggressive Fed rate cut could provide some breathing space for distressed companies, notes one bankruptcy attorney.

High-yield bond ETF rallies after Fed rate cut as ‘free ride’ in cash ends

Investors are mulling strategies beyond cash on expectations that interest rates will continue to fall after the Fed’s big rate cut.

Traders brace for volatility as more than $5 trillion in options set to expire in latest ‘triple witching’

It’s that time again: Investors will see option contracts tied to more than $5 trillion in tradeable stocks expire on Friday in the latest quarterly “triple witching” event.

Nike taps company veteran as new CEO, and shares rally

Elliott Hill will replace John Donahoe as chief executive next month, following months of struggles for the athletic-wear giant.

FedEx stock falls as company narrows its full-year forecast

The package-delivery giant said reduced demand for priority services and higher operating costs weighed on results.

Fed is more worried about labor market than Powell let on, William Dudley says

Federal Reserve Chair Jerome Powell did a “great job” of explaining the reasons for an aggressive interest-rate cut in a “non-scary way,” former New York Fed President William Dudley said Thursday.
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