Personal Finance

America’s biggest banks issued warnings on Friday of economic malaise on the horizon, even as some reported better-than-expected profits. JPMorgan Chase, the nation’s largest bank, raised the risk of a “mild recession” to arrive later this year.

John Rapley is a political economist at the University of Cambridge and a senior fellow of the Johannesburg Institute for Advanced Study. Plenty of homes, too few homeowners. That’s the paradox of Canada’s housing crisis – there may not be an actual housing shortage.

This story originally appeared in The Guardian and is part of the Climate Desk collaboration. They are gray and rectangular, and if you laid all 2 billion of them together they would cover an area roughly the size Connecticut, about 5,500 square miles.

Here’s what pros say you should consider before jumping on the bandwagon.

Last Tuesday was a rough day for Goldman Sachs. The share price fell 6 percent after the Wall Street giant reported its worst earnings miss in a decade. On a call that morning, analysts peppered David Solomon, the bank’s C.E.O.

Of course, spiking mortgage rates wouldn’t magically build more homes. However, higher rates in theory could “rebalance” the U.S. housing market by throwing cold water on the pandemic’s housing demand boom, allowing inventory breathing room to rise, and pushing home prices lower.

Americans are moving to Florida for better weather and lower taxes. While they can likely count on warm temperatures in the years ahead, not everyone will find themselves better off financially.

Have a question about your own retirement savings? Email us at HelpMeRetire@marketwatch.com. Dear MarketWatch, I recently made a panic decision to withdraw all my money from one retirement account and I am now closing on a house in February (about $200,000).

It has been years since public housing in New York City has received enough money from the government to deal with the aging buildings, spotty heating systems, malfunctioning elevators, rats and more that have made it an emblem of neglect.

Looking for practical ways to reach financial success when pursuing a non-conventional career path as a solopreneur? Being a successful solopreneur isn’t simply about having a marketable business idea that can withstand competitors.

I used to be a chronic Late Person. In my time-warped brain, lateness seemed like an immutable trait — a facet of my identity that I was destined to drag around for life.

My husband is the youngest of four siblings who all live in the same state as their parents — which is far from where we live. His parents and all of his siblings are wealthy. We are in our early 30s and are still renting a place and paying off debt, student loans, etc.

Shea German-Tanner tries to put a portion of her paycheck, even if it is only $50, into her savings account. But most of the time, she has to reroute the cash back to her checking to afford her expenses. Ms.

Side hustles are trending, and large numbers of people are starting, pursuing and expanding their extra gigs. It makes sense given rising inflation, economic pressures, layoffs and increasing levels of disengagement with traditional corporate jobs.

Welcome to Taking Stock, a space where we can take a deep breath and try to figure out what the COVID-19 economy really means for our finances. Every month, personal finance expert Paco de Leon will answer your most difficult, emotionally charged questions about money.