In some cases, transferring funds from one HSA to another can take weeks, during which the original account continues to charge a monthly fee, the report states. It also cited consumer complaints about funds lost during transfers from one bank to another. Research firm Morningstar evaluated 10 HSA plans in October using criteria including fees, … Read more
In a real estate crisis that seems to have no end, the Chinese government is stepping in as a buyer of last resort. Chinese authorities took their boldest step on Friday, unveiling a national plan to buy part of the vast housing stock languishing on the market. They also loosened the rules for mortgages. The … Read more
Financial Coaching for 20-Somethings: Day 3 of 5 It’s time to get your money in order. Here are all the things we won’t do today: 1) Tell them exactly what you shouldn’t spend money on. 2) Spend some time calculating how much a daily latte or a weekly avocado toast might cost. 3) Shame on … Read more
Behind a big change A day after OpenAI announced major updates to its ChatGPT chatbot, the company said its chief scientist and co-founder was leaving. There were signs that Ilya Sutskever would resign, six months after he helped lead the rebellion that briefly removed Sam Altman as CEO of OpenAI (he hasn’t been seen in … Read more
Financial Coaching for 20-Somethings: Day 1 of 5 It’s time to get your money in order. Maybe you’re in your early 20s and struggling to make ends meet, or maybe you’re adjusting to a job that finally provides you with financial stability. But regardless of the circumstances, what everyone has in common is the desire … Read more
Another inflation surprise? Wall Street is increasingly divided over whether the Fed will cut interest rates by Election Day. New inflation data released this week will go a long way toward resolving that issue, as polls show President Biden is struggling to convince voters that he has done a good job on the economy. It’s … Read more
For decades, Munch’s Make Believe Band at Chuck E. Cheese has performed at countless birthdays, end-of-season Little League parties and other celebrations. There was Chuck E. Cheese and Helen Henny on vocals, Mr. Munch on keys, Jasper T. Jowls on guitar and Pasqually on drums. The band of robot puppets has been a mainstay in … Read more
The protests roiling college campuses are filled with all kinds of demands, but many of them have one thing in common: money. Many pro-Palestine protesters want their school donations to take money away from investments in companies that have financial ties to Israel. Most institutions refused to do so. This form of financial protest is … Read more
Home prices were already high when Ellen Harper, a software architect living in Atlanta, started looking for a home in 2021. But she couldn’t have predicted the rapid rise in interest rates the following year, and even with a big down payment, the new math made her uneasy. This year, however, she stumbled upon what … Read more
America seemed headed for an economic fairy-tale ending in late 2023. The painfully rapid inflation that had kicked off in 2021 appeared to be cooling in earnest, and economic growth had begun to gradually moderate after a series of Federal Reserve interest rate increases. But 2024 has brought a spate of surprises: The economy is … Read more
