An inherited individual retirement account (IRA) can provide significant financial advantages and opportunities to those lucky enough to receive one. But it comes with rules that require close attention and important decision-making. The 10-year rule calls for certain inherited IRA beneficiaries to deplete their IRA accounts by the end of the 10th year after the […]

In most cases, lemon laws apply only to new cars, but lemon laws in a number of states also cover certain used vehicles. Lemon laws are state laws that protect owners of cars that have serious defects. They require vehicle manufacturers or dealers of defective cars to make repairs — or to replace or refund

Key Takeaways Businesses are looking to their wealthiest customers to compensate for a pullback in spending among other consumers. Delta and United airlines have said “premium” ticket sales are booming, along with international travel. Luxury retailers are optimistic that wealthy households’ finances can withstand economic uncertainty. Companies are leaning on their wealthiest customers. Businesses are

Key Takeaways The S&P 500 dropped 2.4% on Monday, April 21, as President Donald Trump scorned the head of the Federal Reserve and China cautioned its trading partners against adversarial deals. Shares of Universal Health Services sank following a report that government cost-cutters could target hospital chains’ Medicaid profits. Regulators said Capital One can proceed

President Trump’s economic policies are causing significant volatility in the stock market. On April 3, he announced his administration would impose expansive tariffs on most countries. Then, about a week later, he decided to pause this plan for 90 days for most countries — except China, for which he increased the previously announced tariffs. This

Key Takeaways Markets reacted negatively after President Donald Trump on Monday once again criticized the Federal Reserve. Analysts said investors are uncomfortable with the notion that the president could be working to pressure the central bank. Trump has removed heads of other independent agencies, and traders may be concerned that Fed Chair Jerome Powell could

Key Takeaways Tesla shares skidded on Monday as investors await the EV maker’s highly anticipated quarterly results, due after Tuesday’s closing bell.  Since finding a local bottom in early March, Tesla shares have consolidated within a descending triangle, a bearish chart pattern that signals a continuation of the stock’s recent downtrend.  Investors should watch important

Key Takeaways The U.S. dollar index hit a three-year low Monday amid investor concerns about tariffs, the economic outlook and possible threats to Federal Reserve independence.  The index rallied after breaking out from a descending triangle last October, but has since fallen below the pattern’s lower trendline to confirm a bull trap. Investors should watch

The recent refresh to Chase’s United credit card portfolio was extensive, impacting a half-dozen of the issuer’s personal and business cards. A clear theme emerged from all of the changes: Annual fees are going up, but the cards have more credits and discounts to help ease the sticker shock. So, call it even? The new

Ford Motor Company (F -1.51%) just reported financial results for the three-month period that ended Dec. 31. Revenue rose 5% to $48.2 billion, with adjusted diluted earnings per share increasing 34%. These headline figures came in ahead of Wall Street analyst estimates, which is an encouraging sign. Nonetheless, the auto stock dropped following the announcement.