Take a deep breath, MarketWatchers, it’s Friday! It was a crazy week. Here are your top stories in personal finance.
One company will now handle close to half of all student-loan payments
What the merger of two payment processors means for America’s $1.4 trillion student-loan burden.
Millennials are afraid stocks are too risky, so they’re investing in bitcoin
People under the age of 30 are more likely to spend money on cryptocurrencies than older generations.
Millennials are killing marriage — here’s why that’s a good thing
Generation Y is marrying older, and many are avoiding the altar altogether.
Here’s the really bad news: Only half of Americans actually own stocks
And the wealthiest among us own 81% of their value.
Here’s the problem with using investment apps while markets are volatile
Apps like Acorns and Stash can be great learning tools for first-time investors, but they may inadvertently encourage people to overreact.
From restaurant meals to late fees — which expense is your biggest waste of money?
Commenters on Reddit confess their biggest money wasters.
Why your Amazon packages may soon arrive faster
The company’s latest innovation could change delivery.
‘The past 7 days have been the worst of my financial life’ (and he didn’t even buy one stock)
One man made a costly mistake along with millions of Americans.
5 things to do right now instead of panicking about the stock market
Many consumers could benefit from some simple changes in their behavior and finances.
Elsewhere on MarketWatch
Trump Today: President defends embattled staffer, says budget deal proves need for more Republicans
President Donald Trump on Friday defended a staffer who resigned in the wake of spousal abuse allegations as he signed into law a bill raising spending by over $300 billion over two years.
Fed officials sound almost glib discussing stock-market correction
Fed officials may regret trying to brush off the stock market’s slump, analysts said.
This was Trump’s craziest promise yet
It seems Trump has completely forgotten about one of the crazier campaign pledges he made in 2016 — to eliminate the national debt.
John Maynard Trump? President’s tax cuts, spending spree evoke liberals’ favorite economist
The theories of John Maynard Keynes — using the government to turbocharge the economy — are apparently alive and well thanks to a Republican party historically hostile to the early 20th-century economist.
For Black History Month, a look at African-American home ownership
The housing market is often less accessible and more risky for African-Americans than other racial groups.
Trump’s Fed pick in danger of being rejected by Senate
Marvin Goodfriend, a scholar of monetary policy, is in danger of being rejected by the Senate as Democrats find him too strident on inflation.
Congress votes to approve 2-year budget deal and end government shutdown
The House of Representatives voted early Friday for a two-year budget deal that raises both defense and domestic spending by hundreds of billions of dollars, approving a package that would also reopen the federal government after it shut down just past midnight Thursday.