LATEST NEWS
Trending Managing Money Investing Real Estate Economy Top Stories Retirement Mortgages
Workers fix a Floridian home damaged in the wake of Hurricane Ian in 2022.

News 8m ago

A Florida couple's $39,000 hurricane repair turned into a $176,000 bill — and a 5-year lien on their home

The Welches signed up for government help after consecutive hurricanes, and ended up with shoddy work, no documentation and a lien that prevents them from selling their home for five years.

Pedestrians exit a parked Waymo self-driving car in front of Google's San Francisco headquarters.

News 54m ago

Waymo robotaxis have racked up almost $10K in parking fines in one Texas city — why their driving may still be too human

Among the infractions: Parking in a spot reserved for people with disabilities.

Margot Robbie

Investing 15h ago

The 'sexy math' behind Reformation's Big Short-style pitch to Wall Street on its $1 billion IPO

With a bathtub video straight out of The Big Short, Reformation is pitching investors on loyal customers, near-forecastable repeat sales and AI-powered stores.

HAPPENING NOW

Tobias Lütke, CEO, Shopify, on Centre Stage during day two of Collision 2019 at Enercare Center in Toronto.

News 16h ago

Shopify CEO calls pensioners 'dependents' who should lose voting rights — then agreed the ultra-rich should get 5 votes

As a civics refresher, the right to vote is guaranteed to all US citizens aged 18 or older, even if they’ve never worked or paid any tax.

couple and jury background

Real Estate 18h ago

An Oregon renter refused to pay a $287 electrician bill. A court just ordered his landlord to pay him $32,000

And that figure could jump to more than $250,000, if a judge agrees.

People lined up at CVS pharmacy

Insurance 19h ago

'Job lock' hits 24% of U.S. workers — staying in jobs they hate because losing health insurance terrifies them

Employees depend so much on employer-sponsored health care coverage that they’re willing to stick to a job they hate for the long haul.

Buyers say they're feeling rushed to sign agreements before viewing homes.

News 19h ago

‘Unfair and dishonest’ contracts are now rampant in real estate thanks to mandatory homebuyers’ agreements, experts say

Some buyers have been rushed and pressured to sign buyer’s representation agreements before looking at a home — locking them into terms they didn’t even know to watch out for.

Upset woman sitting on a couch.

Managing Money 23h ago

Tapping into your 401(k) to buy out your home during a divorce could cost you long term. Here's what expert advise

When you get a divorce, you may need to buy out your spouse's interest in a home. This can come at a huge financial cost, especially when mortgage rates are high. But what's the solution?

Read the best of Moneywise in 5 minutes or less.

By signing up, you accept Moneywise Terms of Use, Subscription Agreement, and Privacy Policy.

Money and nest eggs concept for retirement with $20 U.S. bank notes on a table.

Retirement 23h ago

A 61-year-old stashed Roblox shares in his IRA before the company went public — now it reportedly holds $68 million

Two Democrats are now taking action against the strategy, introducing a new bill in July to close the loophole.

A photo of a woman drinking coffee with her grandmother

Real Estate Jul 27

A paid-off inherited home can still cost thousands per month — attorneys explain how to protect yourself

While many people dream of owning a home, inheriting one may not be the blessing that some people think it is. Find out the downsides of an inheritance and learn about our options.

A split-panel image of a farmer and a US Treasury check

Taxes Jul 27

IRS threatens to seize a farmer's land over a $20,000 refund it sent by accident — money he tried to return

If you get a tax refund you think may be an error, here’s what to do to avoid a costly situation.

Locksmith Girl of NYC's car with business label on it next to a small image of her face

Managing Money Jul 27

27-year-old NYC locksmith spent $7,000 to launch her business — then one TikTok brought in 60 jobs a week

Sahar Yona, A.K.A. Locksmith Girl, is booked and busy after going viral.

A mature couple is meeting with a financial advisor in a bright office. The advisor is gesturing with his hand while looking at the couple.

Retirement Jul 27

Roth IRAs offer tax-free retirement income — but for some retirees, a traditional IRA saves more money

Your income and tax bracket play a role in determining the best savings strategy to meet your retirement goals.

A photo of a woman packing up boxes

Retirement Jul 27

Medicare's 2-year look-back rule can spike premiums by hundreds a month when retirees sell their homes

A home sale's capital gains can trigger Medicare's IRMAA surcharge, raising premiums for retirees who sell too late.

A photo of a man thinking

Retirement Jul 27

Fidelity says retirees now face $185,500 in healthcare costs — up 7.5% from last year, and long-term care isn't included

More than half of preretirees believe all of their healthcare expenses in retirement will be covered by Medicare, but they assume wrong.

A photo of the Kalshi logo over a trading graphic

Taxes Jul 27

$25 billion in World Cup prediction market bets and the IRS still hasn't said how winnings are taxed

Tax experts see three possible treatments for prediction market winnings — gambling, capital gains, or Section 1256. Each produces a very different bill.

Older person with grey hair seen with back to camera, facing out at beach as waves crash on the shore.

Life Jul 27

My eccentric brother, 62, inherited our dad's $150,000 watch — but he wants to just toss it in the ocean. What can I do?

"Money can usually be divided fairly. A one-of-a-kind family heirloom can't.”

Arizona State students pose for a picture at a home basketball game.

News Jul 26

Arizona State launches degree on becoming an influencer — exactly the career more than half of Gen Z adults dream of

Influencers are earning about as much as nurses, on average, with top content creators raking in millions. Now, Arizona State University is offering a degree in it.

A woman on the Airbnb mobile app.

Life Jul 26

I've stayed in hundreds of Airbnbs across nearly 100 countries. These are the 9 amenities that saved me thousands

Filtering Airbnbs by price isn’t necessarily the best way to find the most affordable accommodation. These features can save you even more money.

A photo of Donald Trump

News 91.3k views

Democrats killed Trump's $3B plan to buy oil at $20 a barrel — now the reserve has dropped to 311M barrels, a 1983 low

Trump may have released millions of oil barrels, but he wanted to buy millions when it was dirt cheap. Learn all the messy politics that goes into managing the Strategic Petroleum Reserve.