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Sunday 09-Jun-24
May’s jobs report shocked traders and economists and complicated the question of where policymakers should go from here.
How Wall Street’s hopes for multiple Fed rate cuts this year came undone
The Federal Reserve is widely expected keep its benchmark interest rate steady at the end of their two-days of deliberations on Wednesday, but economists will be watching closely for any clues on the timing of the first rate cut in four years.
Fed won’t move interest rates this week, but meeting will still be a feast for economists
Stocks will enter the week near all-time highs as investors await a key inflation reading and guidance from the Federal Reserve.
Stock market faces midweek double whammy with Fed decision following CPI inflation reading
“I am comfortable. I retired four years ago. I don’t drink much alcohol.”
‘They think I’m rich because I have a very nice house’: My friends order drinks and pricey dishes in restaurants. Is it rude to ask for a separate check?
“I’m 50 years of age and only have $45,000 saved.”
‘Once a cheater, always a cheater’: I’m the beneficiary on my ex-husband’s $250,000 life insurance. He’s now threatening to change it. Is he in breach of our divorce decree?
“I used my 401(k) for life expenses because doctors found a parasite behind my husband’s eye.”
‘Is he trying to bamboozle me?’ My husband wants a divorce after 20 years. He offered his $275,000 401(k) in exchange for our $250,000 house.
“Am I asking for trouble?”
‘Is he secretly laundering money?’ I loaned a friend $30,000. He wants to pay me back using an offshore account.
“She owns the home in her name only, and has a pension and Social Security. He has a 401(k) and Social Security.”
‘Should they divorce so he can qualify for Medicaid?’ My sister inherited $350,000 from her father’s estate, but her husband was diagnosed with dementia.
“Mom recently had a heart attack and isn’t as sharp as before, and no longer can drive or live independently.”
‘Could a nefarious caregiver steal her money?’ My mom, 91, has a $5 million portfolio, but leaves her passwords lying around the house.
“He has promised to put me through hell.”
‘He’s an egomaniac’: My husband said he’ll flush his $1.5 million IRA ‘down the toilet’ rather than split it with me in our divorce. What can I do?
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