Personal Finance Daily: People have questions after Silicon Valley Bank collapse and even with mounting tech layoffs, the U.S. added jobs in February — and wealthy consumers keep spending

by | Mar 10, 2023 | Stock Market

Hi, MarketWatchers. Don’t miss these top stories.What should you do if your bank closes down? People have questions after Silicon Valley Bank collapse. There were 561 bank failures from 2001 through 2022, according to data from the FDIC. Read More

Even with mounting tech layoffs, the U.S. added jobs in February — and wealthy consumers keep spending Consumer spending data gives a different perspective on the jobs market. Read MoreThis money coach gets pro athletes into top financial shape. Here are his 5 training tips for people who come into sudden wealth. Most professional athletes face money problems soon after retirement, while lottery winners spend away most of their windfall. Read MoreDaylight-saving time: 7 tips to spring forward without losing too much sleep — or feeling like crap at work on Monday Research suggests that losing an hour of sleep by turning the clocks ahead for daylight-saving time can raise all kinds of physical and mental health risks. Read MoreBetting on March Madness? Don’t forget the IRS. Here’s how taxes work on gambling winnings. Whether you’re wagering on March Madness from your couch or flying to Las Vegas for a weekend at the tables, you’ll have to pay taxes on your winnings. Read More‘I’m not the only person in the U.S. with this problem’: I’m 61, unemployed, and live in a rental. My $50,000 in savings will run out this year. What’s my next move? ‘I quit my job in 2014 in order to take care of my elderly parents so they could live out their lives in their own home.’ Read MoreWhite House budget assumes student-debt forgiveness will move forward The Department of Education’s request for funding for the Office of Federal Student Aid took into account the costs and savings from the plan Read MoreRingleader of $325 million antigovernment tax- and debt-relief scam sentenced to 8⅓ years Yolonda Thompson and her husband, who are followers of the sovereign citizen movement, were convicted in a decade-long tax-refund scheme. Read More

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