But, there’s a B Plot to keep a close eye on: The bond market selloff. Investors typically respond to market chaos by scooping up US Treasury bonds –– a liquid, price-stable asset with a fixed interest rate guaranteed by the US government.
This time, people are selling their US Treasuries, signaling that broader confidence in the US may be wobbling for the first time since WWII. If this trend continues, it’ll be a problem in lots of ways, including possibly making borrowing money for things like a house or a car much more expensive.
No one can predict what will happen next — so instead, we’ve rounded up three savvy money moves for you to consider right now.
Dreaming up your Nancy Meyers-inspired kitchen? Make sure that addition — and these six other common renovations — won’t send your property taxes through the roof.
Everyone’s 401(k) is riding the same rollercoaster these days. After all your work and careful planning, it’s hard to keep your cool while watching your wealth shrink (even if it ends up being re-inflating).
In case you, like us, could use a pep talk, Heather Boneparth — Skimm Money columnist and writer of The Joint Account newsletter — is helping us put this moment into perspective: “Breathe. Volatility is a feature (not a bug!) of long-term investing. Stay the course, and don’t let trade war headlines make you panic sell.”
Friends-of-friends. Your old lab partner’s cousin. Your college roommate’s sister that you once did karaoke with at a grad party. Research shows that these people — aka “weak ties” –– can be the missing link between never hearing back and getting a job offer.
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Drew Barrymore was not exaggerating when she named her Walmart home line "Beautiful." This food processor comes in colors like lilac and rose, and has the prettiest gold accents. Plus, it's under $30.
Since moving last year, our commerce editor has been thinking a lot about home organizing. These are the products that've kept her new place tidy (and herself sane).
