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Personal Finance Daily: Outstanding auto-loan balances just hit a new record and delinquencies are on the rise and what to make of Morgan Stanley’s acquisition of E-Trade

Friday’s Personal Finance Stories. Read More...

Happy Friday MarketWatchers. Don’t miss these top stories:

Barron’s wants to recognize people and organizations whose products, services, or education programs are making an impact to improve the financial health of individuals across the U.S. Be sure to head to barrons.com/celebrates for more information and to submit a nomination by Feb. 29 for the Barron’s Celebrates: Financial Empowerment program.

‘My husband’s ex-mistress is ruining our life.’ She claims she gave birth to his child and is extorting us for money

‘After he signed a waiver, I removed my husband as beneficiary from my retirement accounts, and he took his name off our joint checking and savings accounts.’

Bloomberg once appeared to blame the financial crisis on the end of redlining — how this discriminatory practice still hurts Americans

Redlining policies have had a lasting impact on the U.S. housing market.

Weekend reads: Living off the beaten path in Italy

Also, how to invest in dividend stocks and when to visit Disney parks.

‘My father has lived a life of crime and drugs. He threw away every opportunity we gave him.’ Now that he’s on disability, doesn’t he owe his kids something?

‘My siblings and I got him a used car. He drove it off the lot, went for a joyride, and wasn’t heard from for three days.’

Outstanding auto-loan balances just hit a new record and delinquencies are on the rise — should you be concerned?

Nearly $66 billion of the $1.33 trillion in outstanding auto loans were over 90 days delinquent in the fourth quarter of 2019, up from $57 billion for the same period last year.

‘He never leaves his wallet on the table.’ My husband hides his finances and has an $8,000 monthly income and a P.O. box. I found his will — and it left me reeling

‘He even lies and tells me he has no money on him, just credit cards. Then I check when he goes to sleep and he has plenty of money in his wallet!’

Morgan Stanley is paying $13B for E-Trade, or $2,500 per customer. You can earn a $3,500 sign-up bonus for signing with a new broker — with one major catch

‘Moving a balance to a new brokerage can net you a nice reward.

Your hot chocolate now comes in beer form

A California craft producer finds success with a brew inspired by the cold-weather favorite.

Michael Bloomberg says it’s not so ‘simple’ to produce his tax returns — here’s what most high-income tax returns have in common

‘The number of pages will probably be in the thousands of pages.’

Bernie Sanders wants to spend $70B to modernize public housing, Pete Buttigieg wants to regulate landlords — where the Democratic candidates stand on affordable housing

‘For the first time in recent memory, affordable housing is a topic on the presidential campaign trail,’ said Diane Yentel, president and CEO of the National Low Income Housing Coalition.

Elsewhere on MarketWatch
Trump suggests more aid for farmers until trade deals ‘fully kick in’

President Donald Trump on Friday said he’d give more aid to U.S. farmers if they need it, as they wait for recently completed trade deals to take effect.

Ex-Goldman boss Lloyd Blankfein ‘might find it harder to vote for Bernie’ than for Trump

Lloyd Blankfein’s war of words with Democratic presidential contender Bernie Sanders shows no signs of abating.

Fed’s Brainard backs deploying untested monetary-policy plan in next recession

Federal Reserve Gov. Lael Brainard on Friday backed an aggressive approach to fight the next recession, including yield-curve control

Europe unveils its new digital strategy. Here’s what it means for Facebook, Google owner Alphabet, and Amazon

Facebook, Google owner Alphabet, and Amazon will be affected by these new restrictions set out today by the European Commission to restrict the use of artificial intelligence and data.

How Bloomberg’s money dwarfs the other 2020 Democrats’ war chests — in one chart

The 2020 White House race is sparking massive spending and fundraising by the Democratic field.

Here are all the things that could go wrong in 2020, according to Nouriel Roubini

A number of potential disruptive ‘white swans’ can be seen on the horizon. Any of them could trigger severe economic, financial, political, and geopolitical disturbances unlike anything since the 2008 crisis.

Warren Buffett’s annual letter: Here’s what investors are looking for

Warren Buffett’s annual letter to Berkshire Hathaway shareholders will be released Saturday.

The 5G rollout is already behind, and coronavirus could slow it even more

Two seemingly different issues — the ongoing 5G network rollout and the coronavirus — are causing confusion and disappointment for many tech investors this earnings season so far and they are now becoming intertwined.

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