Your money with Marek | The latest Employment Report

Your money with Marek |  The latest Employment Report

MOLINE, Ill. The Department of Labor’s monthly jobs report is a key measure of the health of the U.S. labor market. On Friday, November 3, the Department of Labor released the latest employment data for October. The U.S. economy added 150,000 jobs last month, below Wall Street’s forecast of an increase of 179,000. The national …

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Global money market funds are attracting significant inflows due to cautious central bank policies

Global money market funds are attracting significant inflows due to cautious central bank policies

Traders work on the trading floor at the New York Stock Exchange (NYSE) in New York, U.S., October 27, 2023. REUTERS/Brendan McDermid/File Photo acquires licensing rights Nov 3 (Reuters) – Investors poured large sums into global money market funds in the week to Nov. 1, seeking the safety of these assets ahead of key policy …

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How yours and mine become ours: managing the finances of blended families

How yours and mine become ours: managing the finances of blended families

Published: October 30, 2023 at 7:20 a.m. ET Managing family finances is one of the leading causes of divorce. If nuclear families can’t agree on money matters, is it really surprising that a blended family often faces even more challenges? Additional outside forces, such as ex-spouses, as well as prejudice and heightened emotions brought into …

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Dear Annie: My wife gives large sums of money to her adult daughter, but does not save for retirement.

Dear Annie: My wife gives large sums of money to her adult daughter, but does not save for retirement.

Dear Annie: I have been married for 33 years. My wife has children and grandchildren from another marriage. She has a great job and makes a lot of money. I am now retired. I have a nice little nest egg from my pension. About 15 years ago, when we had a joint checking account that …

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Social Security COLA Increase: You Make More Money in 2024

stack of 100 dollar bills against a blue/yellow grid background

A 3.2% cost of living adjustment will affect more than 66 million Social Security beneficiaries starting in 2024, due to inflation. However, those receiving SSI will receive their first increased payment at the end of this year. Each year, the Social Security Administration determines the cost-of-living adjustment for Social Security benefits. The COLA is based …

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A retiree seeks assurance that investment advisors can be trusted to manage her money

A retiree seeks assurance that investment advisors can be trusted to manage her money

What happens when someone with trust issues with advisors decides they need help with their investments? In some cases, they write to me to assure me that they will be supported by a counselor. Here’s the latest: Now that we are both retired, managing our funds is more complex, and although I need support, I …

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