Hoping to snag a cheap airline ticket for summer travel? Good luck, new inflation data show

Airfare costs have taken off ahead of a summer travel season running on steep demand and high gas prices, according to new price inflation data released Wednesday. The record-breaking cost increase for airline tickets stood out in a Consumer Price Index reportt that showed an overall 0.3% increase in the cost of living from March … Read more

My stepfather is dead. He inherited my late mother’s estate and always said he would take care of us in his will. How do you approach this issue tactfully with your children?

Dear Quentin, My ex-stepfather passed away a month ago. He was married to my mom in Nevada when he died 21 years ago. During their marriage, she gave him quite a bit of money from her retirement fund to buy and maintain properties he owned. When she died, her assets – including her pension and … Read more

I want to take out a life insurance policy for my husband. He says “hell will freeze over” before he’s worth more dead than alive

My husband and I got married in our late 40s after living together for five years and had our child in our early 50s. We have been married for over eight years. He is well placed financially, both from the inherited property and his own career as a military officer and then civilian employee for … Read more

‘A recession over the next 12 months is not in our base case’: Stocks were battered on Friday. Why smart investors focus on the long game

The stock market ended a volatile week on a gloomy note on Friday, with the three major American indices plunge as investors fretted over concerns such as inflation, the Fed’s fight against it and fears of a recession hard landing. As confidence also took a hit, financial experts advised investors not to panic, but instead … Read more

Mortgage rates hit their highest level in more than a decade – even wealthy homebuyers are feeling the pain

Mortgage rates are soaring and no one is spared. The average rate on a 30-year fixed-rate mortgage was 5% the week ending April 14, which is up 28 basis points from the previous week, Freddie Mac FMCC, +0.31% reported Thursday. A basis point is equal to one hundredth of a percentage point, or 1% of … Read more

Mortgage rates hit their highest level in more than a decade – even wealthy homebuyers are feeling the pain

Mortgage rates are soaring and no one is spared. The average rate on a 30-year fixed-rate mortgage was 5% the week ending April 14, which is up 28 basis points from the previous week, Freddie Mac FMCC, +0.31% reported Thursday. A basis point is equal to one hundredth of a percentage point, or 1% of … Read more

“It put everyone in a weird position”: Our waitress said a 20% service charge was added to cover benefits and health insurance, but it wasn’t a tip. Is this normal?

I went to brunch last weekend and when the waitress handed us the bill she said a 20% service charge had been added to cover her benefits and health insurance but that wasn’t was not a tip. I am absolutely in favor of paying restaurants and servers a living wage and they deserve to have … Read more

America’s ‘Highest Paid’ Internship Pays Nearly $10,000 A Month – And Even Lets You Work Remotely

Are you looking for work experience? Silicon Valley companies are competing for tech interns. The careers site Glassdoor published this week its 25 Highest Paid Internships in America report for 2022. With unemployment falling and wages rising, and so many workers on the move as we enter the third year of the pandemic, this makes … Read more