Few economists expect the crude slump will tip the economy into recession. But the fallout could grow harder to contain if the oil-price declines are instead a symptom of broader weaknesses in the global economy.
Flint, Mich., residents have a new concern on top of lead in their drinking water: Some mortgage lenders say home buyers must prove there is no contamination at a property or they won’t make a loan for its purchase.
As the long-term budget outlook has improved, the U.S. has gained some breathing room on the debt. But, Greg Ip writes, that doesn’t mean the U.S. should continue unrestrained borrowing without attacking the biggest contributors to the debt over the longer term.
Most people overlook health-savings accounts, or HSAs, as a retirement-savings vehicle. But these accounts come with more tax advantages than 401(k)s when used to cover medical costs, a major expense in retirement.