Some send a pair of shoes each month. Others deliver gourmet marshmallows, bacon or baby food. And then there are the personal grooming clubs, which send a month's worth of moisturizer and other skincare products.
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Delphi Automotive PLC said Thursday it has offered to acquire FCI Group's motorized-vehicles division in a deal valued at €765 million, or about $970 million.
Not everyone is charging out of the stock market. Some investors are playing defense. The Standard & Poor's 500-stock index has declined 5.5% so far this month, but that masks a rise in sectors such as telecommunications and smaller ...
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Morgan Stanley is considering adjusting prices for trades made during Facebook Inc.'s initial public offering, as the lead underwriter and other banks face a fresh investor lawsuit over the how the deal was handled.
Airlines raised the fees on free. In exchange for giving travelers who redeem miles more seats to choose from, carriers are tacking on bigger surcharges.
Your financial adviser doesn't want you to read this column. Many retirement investors, egged on by brokers and mutual-fund companies, put a great deal of emphasis on crafting finely tuned portfolios out of stocks, bonds and—increasingly, ...
The old-fashioned bank-teller line is getting an overhaul. Banks are installing new gizmos in hopes of reducing wait times for customers and freeing up employees to sell products that boost the bottom line.
Call it the Dirty Harry portfolio. Five big bets for the brave, and only one question. Do you feel lucky? These aren't the investments for Grandma. And they aren't wagers to take with your rent money. These are the risky bets most people are ...
As super-low interest rates drive more income-seeking savers to stocks with hefty dividends, the news last week that venerable J.C. Penney was cutting its 80-cent annual payout hit like a cold slap of reality.
Facebook Inc.'s disappointing initial public offering and its trading so far this week are helping financial advisers illustrate a point they've been making to investors for years: jumping into a IPO can be dangerous.
If you're having trouble affording medical care, Medicaid might be an option you haven't considered. "A lot of people have perceptions about who is eligible and who is not that aren't quite right," says Cindy Mann, director of the federal ...
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Blackstone Group LP is acquiring discount lodging chain Motel 6 in a deal valued at $1.9 billion, as the private-equity firm continues to invest aggressively through its $10 billion real-estate war chest.
Q. I entered an order to buy Facebook shares at $44 each after the IPO open Friday, hoping to ride the day-one pop. When I tried to cancel after the opening was pushed back 30 minutes, the cancellation never went through, and I was stuck ...
Fund Scope | Scoreboard Struggling fund firm Legg Mason announced some much-needed good news this past week. The official announcement was a capital plan that refinances and reduces the Baltimore firm's debt, and it heralded a slightly ...
Long-term-care insurance. It's a subject most people don't want to think about—but many people know they need to. At first blush, policies that help pay the costs of extended nursing care make perfect sense. Bills add up quickly when you can ...
Eduardo Saverin renounced his U.S. citizenship last year and now is a resident of Singapore. How much did he save on his taxes by making the switch then?
Everything can be done faster and cheaper online. At least that is what most people under 35 seem to think. But is that the case when it comes to taking charge of one's finances?
Those who ordered Mother's Day flowers didn't just get mixed bouquets, but mixed results -- if the photos users shared are any indication. Though flowers are the most-purchased Mother's Day gift, experts say it's often hard to get a good ...
Lured by ultralow interest rates and a recovering stock market, investors have rediscovered a risky investing tool: the margin loan. Margin accounts, which allow investors to borrow against the value of the securities in their brokerage ...
When you order Mother's Day flowers online, what you see isn't always what Mom gets. Big-name online flower vendors generally fall into two categories: those that route orders to a local florist for delivery, and those that ship out boxed ...
The trend toward putting off having children means many parents are facing their kids' tuition bills when they are hitting their 60s and about to retire.
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HOUSTON—Several large hedge funds and investment-advisory firms sold large positions in Chesapeake Energy Corp. during the first quarter. The sales by some of the largest movers and shakers on Wall Street is a sign that the company was ...
For some people, the best tax strategy is simply to pack up and leave. That is the lesson from the disclosure that Eduardo Saverin, the 30-year-old billionaire who helped found Facebook, has renounced his U.S. citizenship to become a ...
What's the best way to teach children the value of money? That's a question that has troubled parents for years. Most use a regular allowance as the vehicle for imparting lessons about how to manage, spend and save money wisely. But there's ...
It's been a scary few years for the housing market. But at some point, the nightmare has to end (please?). Is now the time? Should first-time home buyers consider jumping into the market?
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Carlyle Group LP's first earnings report as a public company highlighted the uneven results typical of private-equity firms while delivering the cash distributions Carlyle executives had promised investors in its funds ahead of its initial ...
Europe's continued woes are sending stock markets tumbling yet again. That could present opportunities for disciplined investors. The key is to treat Europe not as one giant bloc but as a collection of nations and companies. The best ...
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Anticipation was strong for Facebook Inc.'s initial public offering as the Nasdaq Stock Market indicated shares would start trading under the stock symbol FB around 11 a.m. EDT Friday.
Travelers may find it easier to budget for summer road trips this year: Not only are gas prices falling, but many hotels are offering to fill up the tank.
The Bush-era tax cuts—enacted in 2001 and 2003—are scheduled to expire at the end of this year. Unless Congress acts, most taxpayers will see rate and other increases.
Even as the growth of student debt stirs debate on everything from whether the government should move to ease borrowers' burden to the ability to discharge obligations through bankruptcy, some banks are jockeying for position to lend to ...
Peak moving season kicks off after Memorial Day, when it's easier to get a tan than a van. But while demand and prices rise with the temperature, there are still ways to get a good deal.
Send your prediction to crystalball@wsj.com by midnight EDT Sunday, with your full name, city, state and phone number. The first reader who gets it right will be named in next Saturday's paper.
One mistake elder-law attorney Gregory S. French sees people make time and time again: waiting until they're nearly retired themselves to get involved in their parents' plans for old age.
Fund Scope | Scoreboard Are the shareholders getting restless? It certainly seems that way. Proxy season isn't over, and already fund firms and other institutional shareholders have voted against Citigroup (ticker: C) CEO Vikram Pandit's $15 ...
Despite years of warnings about the dangers of "leveraged" exchange-traded mutual funds, many small investors—and, apparently, some investment professionals—may still not be getting the message.
Graduating college students face a mixed job market at best this year, and most will leave school without an offer in hand, despite an uptick in hiring by on-campus recruiters.
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Henry Blodget—the former Wall Street analyst infamously banned from the securities industry in 2003—has taken his writing talents from analyst reports to the blogosphere.
In the summer of 2008, friends Rich Aberman and Bill Clerico came up with an idea for an online payment-processing business. But the duo couldn't afford to build the technology platform that they envisioned.
Some banks are fighting for depositors in novel ways. One is even offering a Mercedes-Benz to some new customers. This month, C1 Bank, a Florida community bank with assets of $827 million, said it would give a 2012 Mercedes roadster to ...
Heaven help us. Jim Bakker, the disgraced 1980s televangelist whose "PTL Club" television empire was laid asunder by dual sex and money scandals, is out of prison and renouncing the prosperity gospel he once preached.
The picture "Chicken Pox Orgy" was created by Ralph Pugay. In some editions of the May 3 Leisure & Arts story "Our Next Capital: Portland?" the artist was misidentified as Robert Dugay.
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WASHINGTON—Federal regulators are increasingly worried that the Securities and Exchange Commission could fail to complete more-stringent rules on money-market mutual funds, forcing officials to confront how else to rein in the $2.6 trillion ...
As I write these words I am on vacation in Los Angeles with my four daughters. Their father is home in New York City where—as of last report—he had gone all week without having to do a single load of laundry. That's a real holiday for him ...
As social-networking giant Facebook prepares to sell stock to the public for the first time, money managers are mobbing investor roadshows and deluging the deal's underwriters with requests for as many shares as they can get their hands on.
Amadeo "A.P."' Giannini, the story goes, learned early about how money can make or break people's lives. When he was a child, a man shot his Italian immigrant father to death because the elder Giannini owed the assailant a dollar.
Attention buy-and-hold investors: A recent flare-up over escheatment, the age-old right of a government to claim abandoned or unclaimed property, has highlighted the importance of keeping in contact about your accounts.
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Regulators are moving to take over pension plans at New York law firm Dewey & LeBoeuf LLP, saying the plans are underfunded and at risk as the ailing firm tries to liquidate its assets.
Lawyers for former Goldman Sachs Group Inc. director Rajat Gupta, who is facing a criminal trial on insider trading charges, urged the court late Friday evening to bar from evidence three wiretapped conversations that federal prosecutors ...
If you just discovered a mistake on that tax return you filed earlier this year, relax. You aren't alone. Thanks to our increasingly complex tax laws, it's easy to make costly mistakes on our returns. The usual solution is to file what is ...
Most people wouldn't dream of buying a house or a car without negotiating the price. Yet many families don't realize they can bargain for what can be an even bigger-ticket item: a retirement residence.
A growing number of employees are buying life insurance through work, according to insurance-industry association LIMRA. But going through your employer isn't always the best policy.
If you're thinking of buying a second home in the next five years, this might be your best opportunity. After being battered during the housing bust, the vacation-home market is showing signs of life. Reports of bidding wars are trickling ...
How to Ask for Referrals Referrals are a crucial way most advisers build their business. But advisers often make mistakes in trying to score introductions, some specialists in the field say.
Send your prediction to crystalball@wsj.com by midnight EDT Sunday, with your full name, city, state and phone number. The first reader who gets it right will be named in next Saturday's paper.
Forget the "Dimon principle." Investors should follow the Feynman principle. When J.P. Morgan Chase's chief executive, James Dimon, disclosed a $2 billion trading loss during a hastily organized conference call on Thursday, he said: "This ...
Where to retire? It's an age-old question that for many people centers on two big variables: housing costs and taxes. They should add a third criterion to their list: the percentage of people collecting pensions.
Can you have too much of a good thing? When it comes to credit cards, maybe not. Consumers with good credit are seeing an influx of generous rewards offers, even as overall card offers dropped 30% in the first quarter of 2012 as issuers took ...
Good Times, Bad Times After trading at its highest level in four years on Tuesday, the Dow Jones Industrial Average fell 1.4% this week to 13038 after weaker than expected economic reports called into question the strength of the U.S. ...
Investors are focusing on Facebook's offering price as the company prepares to go public as soon as next week. Tax specialists are paying attention to something else: how half a dozen of the firm's luminaries, including founder Mark ...
If you received a hefty income-tax refund from Uncle Sam this year, you had plenty of company. As of April 27, the Internal Revenue Service had authorized more than 99.1 million refunds for the 2011 tax year—up about 1% a year earlier. It ...
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Who are the best stock analysts? The Wall Street Journal kicked off the first Best on the Street survey (then called All-Star Analysts) 20 years ago by asking that very question. Each year since, the Journal and its data partner have tried ...
As a home buyer or refinancer, you'd expect to submit recent pay stubs and bank-account statements when applying for a mortgage loan. But a copy of your divorce decree?
Brokerage and mutual-fund firms, preying on customers' frustration with big banks, are rolling out new banking services—and hyping existing ones—to grab market share.
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A state commission tasked with reviewing a contentious aspect of New York's divorce reform laws is four months behind in delivering an expected report, raising concerns that lawmakers will have little time to address recommendations before ...
Snapping up a year's supply of toilet paper or tuna fish for pennies on the dollar may seem like an only-on-reality-TV stunt. But as food prices rise, experts say regular shoppers may want to emulate those extreme couponers -- to some ...
Send your prediction to crystalball@wsj.com by midnight EDT Sunday, with your full name, city, state and phone number. The first reader who gets it right will be named in next Saturday's paper.
For U.S. troops returning from overseas, personal-finance issues can be a sobering part of homecoming. Nearly 150,000 service members returned from Iraq and Afghanistan last year, and 35,000 more came home from Afghanistan in the first two ...
Politicians and regulators are bickering again over who should oversee the nation's 28,000 investment advisers, who manage some $50 trillion.
Many people assume that Medicare provides little to no continuing coverage for in-home health care. In fact, the program covers up to 35 hours a week of nursing and home health care for those who meet specific requirements.
Mom may want diamonds, iPads, or even just one lousy phone call for Mother's Day. But chances are, she's getting flowers. Two-thirds of shoppers plan to buy flowers this year, according to the National Retail Federation. Second only to ...
Talk about sticker shock: Even with Medicare benefits, a 65-year-old couple retiring in 2012 will spend at least $240,000 in health-care costs during their retirement, according to a report from Fidelity Investments released Wednesday. That ...
Think you have enough money stashed away in case of a job loss or emergency? Think again. Many rainy-day funds are failing to keep up with the still-grim reality of today's job market and the higher prices for necessities like food and gas. ...
Julie Baumann, who lives in the San Francisco Bay area, knows all too well that just because you have insurance, it doesn't mean you are covered.
Banking analyst Mike Mayo has turned nonconformity into a commodity. First named to Best on the Street in July 2000 because he decided to put sell recommendations on some of the biggest names in the industry, Mr. Mayo lost his job at Credit ...
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When you're based in Cleveland, you're unlikely to cover glamour stocks. That is fine with Mark Parr, the top performer in the heavy machinery and materials sector in the Best on the Street survey. A deep knowledge of companies that barely ...
Customers seeking the best deals may have to pester their friends. Some of the latest coupons from retailers and other businesses can only be activated by sharing them with Facebook friends or Twitter followers. And the deals grow even more ...
A controversial real-estate investment is getting a makeover—and while the critics still aren't sold, some advisers say it is worth considering for investors comfortable with the risks.
Instead of selling at a low price, Jim and Joan Watson would like to rent out their vacant Lake Shore Drive condo unit in Chicago. The problem is, a new rental cap in the building will likely prevent them from being eligible to rent out ...
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The Commodities Futures Trading Commission and the Securities and Exchange Commission are expected to approve Wednesday a rule to apply strict regulations to swaps dealers and firms that handle $8 billion of swaps derivatives, according to ...
Last month, I wrote about the challenges my family faced as we raced to provide care for my ailing father. That column met with an outpouring of emails from readers—and a realization on my part that many tough choices lay ahead when it ...
Who can fill Warren Buffett's shoes? The chairman and chief executive of Berkshire Hathaway, who has run the conglomerate since 1965, announced this week that he has prostate cancer. The disease was detected early, and the 81-year-old Mr. ...
It's a xenophobic fact of life for many financial advisers: They believe their clients need to put at least some of their money overseas. But many investors don't feel comfortable venturing any farther than, say, New York or California.
With interest rates stuck at rock-bottom levels, retirees and soon-to-be retirees are hungry for better returns on their low-risk investments.
Online daily deals are everywhere nowadays—with discounts on anything from ice cream to hot-air ballooning. But it's important to know exactly what you are getting for that too-good-to-pass-up price, what the exclusions are (there usually ...
Send your prediction to crystalball@wsj.com by midnight EDT Sunday, with your full name, city, state and phone number. The first reader who gets it right will be named in next Saturday's paper.
For financial advisers who have clients in the U.S. military, the relationship poses some unique challenges—among them, specialized job benefits and the occasional conversation that gets interrupted by mortar fire.
The majority of this spring's college graduates aren't ready to take on the world financially. Two-thirds of students will graduate with debt that averages $25,250 in student loans and more than $4,000 in credit-card debt, according to the ...
You hear it all the time: the rich don't pay their fair share in taxes. Baloney! For proof, consider the daunting tax bills that will be faced by winners of the recent Mega Millions jackpot. Here's the true story.
One little word from the Federal Reserve caused investors to pile out of stocks in the past two weeks, only to rush back. They would be better off doing less trading and focusing more on the bigger picture, strategists say.
I have never been able to spell diarrhea correctly. Not really a big deal, except recently, when I was trying to text my husband to assess the level of concern that I should give to my 6-year-old's digestive distress.
Since last summer's market rout, central banks around the world have been more or less on the same page. That is beginning to change—creating opportunities for investors who can spot the signals.
Q: How do you handle the sale of your primary residence, tax-wise, if it results in a financial loss and the money received is reinvested in another primary residence?
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Legg Mason Inc.'s fiscal fourth-quarter earnings rose 10% as a series of gains helped the money manager offset yet another outflow in investor cash and a drop in assets under management.
"Inflation is the windy updraft the falling man often mistakes as a force more powerful than gravity." This line by Bret Stephens (Global View, April 24) is one of the most poetically beautiful and topically poignant metaphors I have ever ...
When Alejandro and I met in New York 10 years ago, we fell in love quickly. But we knew we could never end up together. "We're from two different worlds," we would say.
Last time, I looked at why something that's bad for us—getting a big tax refund—feels good. Our rational side knows we shouldn't give Uncle Sam an interest-free loan by overpaying our taxes throughout the year, but our emotional side seems ...
Edvard Munch, 'The Scream', 1895 Picasso's "Nude, Green Leaves, and Bust" sold at Christie's in New York for a record $106.5 million—fetching the highest price for any artwork at auction in 2010. The 1932 portrait of the painter's mistress ...
Inherited individual retirement accounts made news earlier this year when the Senate Finance Committee proposed to make heirs empty them within five years of the benefactor's death.
Google Inc. is adding 600 movies from Metro-Goldwyn-Mayer to the titles it has available for rent on its YouTube online video site and also Google Play, its digital content store for Android-powered mobile devices.

With most couples waiting to marry and three quarters of marriage partners living together first, many celebrants are paying at least part of their wedding bill.
It’s never too early to start talking dollars...and sense.
Your grocery bill is your biggest weekly household expense, so keeping a lid on it will go far to stretch your dollar.
Now playing: sequels, 3-D reruns and long ads.
Need an alternative to the $25,000 to-do? Introducing the stealth approach, where couples quietly trade "I dos" in a host of public forums.
Technology stocks have rebounded and are once again the darling of the market. Can the resurgence last?
Arends: That 60/40 portfolio of stocks and bonds your adviser is pushing might not work.