FDIC Chairman on repo market, LIBOR, and farm loans

2019-11-12

FDIC Jelena McWilliams, FDIC Chairman, speaks at a commercial real estate conference in New York, November 6, 2019 The U.S. banking system is safer and healthier than it was a decade ago, before the 2008 financial crisis, but every so often, there is a hiccup or two. When trillions ofRead More →

My wife and I have bailed out our son with his mortgage and car payments, and set up 529s for his kids — yet we have the daughter-in-law from hell

2019-11-05

Dear Moneyist, My wife and I have two sons, both close to 50, both married, only one with children. We are hard-working and have been financially conservative throughout our marriage, and have managed to save approximately $1.25 million in liquid assets and another $1 million in real-estate equity, though (whoRead More →

Where you live may affect how many years you have left

2019-11-01

Health and genetics aren’t the only factors that affect life expectancy — location might, too. Current location has a “large causal impact” on a person’s life span, according to researchers at Stanford University and the Massachusetts Institute of Technology who looked at Medicare beneficiary data and how location affects mortalityRead More →