FACTFLOW

Business

Explain this financial paradox to me like I’m 16. Why would I, or anyone, lease a car?

“‘What’s the point of paying thousands of dollars?”

Business

Chase cut my credit-card limit due to lower usage. Will this affect my credit score and lead other banks to do the same?

“I’m wondering whether this could cause a ripple effect in which other banks might do the same with my lesser-used credit cards.”

Business

‘I love being debt-free’: I’m in my mid-50s and buying a house. Do I take out a $400K mortgage or use my Roth IRA?

“I’ll fund $500,000 of that from the sale of my current house.”

Business

My brother refuses to sell our family’s $150K lake house, yet I pay all the bills. Do I push it and risk ruining our relationship?

”I have no intention of going back to the lake house, yet he expects me to pay for upkeep and taxes.”

Business

Bitcoin swings wildly after worst day for the pioneering crypto since FTX collapse

A punishing bitcoin selloff that has erased more than half of the pioneering crypto’s value saw a wild swing Thursday evening, with its price falling more than 5% at one point.

Business

Bitcoin’s latest selloff is shattering many of its most enduring myths

The crypto was supposed to be a hedge against currency debasement. Instead, it is trading like just another speculative tech stock, erasing 50% of its value since an early October high.

Business

Strategy’s sinking stock and $12 billion quarterly loss puts the policy of ‘don’t ever sell your bitcoin’ to the test

Bitcoin’s selloff means Strategy is now losing money on its holdings, which it has been accumulating for nearly six years.

Business

I’m 59, earning six figures, but my daughter wants me to retire to watch my future grandkid for a year. Can I afford it?

“I do have a decent 401(k) and also should be able to benefit from my husband’s Social Security.”