Tag Archives: MoneyWatch

Even with rent remaining painfully high in most large U.S. cities, buying a home is an even pricier proposition. In fact, there are now only four major metro areas where it’s cheaper to buy a home than to rent, a new study from real estate company Redfin has found. Those cities …

Time is running out to reach a deal to avert a historic default on the nation’s debt, with Treasury Secretary Janet Yellen warning that the U.S. could run out of money to pay the bills by June 1. On Friday, negotiations broke down between the White House and Republican lawmakers …

Spring is supposed to be the best season for house hunters to purchase their dream home. Instead, more than half of Americans say now isn’t the right time. A recent Gallup poll of about 1,000 U.S. adults found that just 21% of respondents believe now is a good time to buy …

Gone are the days when customers tipped a waitress who served them by putting cash directly in her hand. Now, point-of-sale kiosks prompt people for tips — even if the customer didn’t interact with a human.  The problem with tipping at a self-checkout machine is there’s no proof the money …

Fort Lauderale, Fla. — A widow and her family are suing Celebrity Cruises for allegedly mishandling her husband’s body after he died while they were on a ship last year, saying it was left to decompose and they suffered extreme emotional trauma. After Marilyn Jones’ husband of 55 years, Robert …

Andre Blount has been serving food to dignitaries at World Bank headquarters for nearly 10 years and says he has gotten exactly one raise — for 50 cents. This week, as leaders from around the world are in D.C for the spring meeting of the poverty-fighting organization, Blount and his …

Camber Pharmaceuticals has recalled some of its pneumonia medicine because it could be contaminated with a bacteria that can permanently damage someone’s heart.  Atovaquone Oral Suspension — specifically lot #E220182 — has a potential Bacillus cereus contamination, the U.S. Food and Drug Administration said in a recall notice. People with …

First Citizens Bank will buy “all the deposits and loans” of Silicon Valley Bank in the wake of SVB’s collapse earlier this month, the Federal Deposit Insurance Corporation announced late Sunday. SVB was the biggest U.S. bank to fail since 2008, sparking global fears about the sector. The new transaction …

Tammy Brady began her career as an Atlantic City casino dealer at the age of 18. Now 55, she has stage 2 breast cancer. “While I’m not sure we will ever know the exact cause of my illness, I can’t help but wonder if it would have happened if the …

Mega-retailer Target is now letting customers make in-person returns from the comfort of their cars in an effort to streamline the returns process for shoppers.  “Want to make a product return even easier? You’ll soon be able to skip the line or mailbox and pull right in — to your …