Personal Finance Daily: 5 ways to buy happiness and what the midterms mean for your taxes

Happy Friday, MarketWatchers. Here are some of the day’s top stories as you head into the weekend.

Personal Finance
5 ways to buy happiness — and put your money to good use

Happiness is like a game of pass the parcel — and your spending should be, too.

I love my girlfriend, but she spends all her money on vacations and clothes

This 22-year-old man saw his mother lose everything during the Great Recession and doesn’t want history to repeat itself.

United Airlines attendants say Boeing smoke detectors busted their ear drums

New lawsuit claims ear-splitting event aboard flight.

What the midterm election results mean for your taxes

The Democrats want to roll back most or all of the changes in the 2017 Tax Reform and Jobs Act.

Think twice about deferring taxable income past 2020 — here’s why

Can you have too much tax deferral? Thanks to the new tax law, it’s certainly possible.

Michelle Obama had IVF — what is it and what does it cost?

About 10% of women between 15 and 44 years old have difficulty getting or staying pregnant.

I have wedding guest fatigue — can single people give less cash than couples?

A recent divorcée says she doesn’t want to spend as much as married couples.

What a Democrat-controlled House means for labor laws and minimum wage

Here’s how the midterm elections will affect workers.

New study claims Facebook, Instagram and Snapchat are linked to depression

The findings are published in the December Journal of Social and Clinical Psychology.

Like Alexandria Ocasio-Cortez, many Americans can’t afford an apartment when they move for work

Moving for work may appeal to people living paycheck to paycheck, but is often financially impossible because of the high cost of housing.

Elsewhere on MarketWatch
Trump threatens more reporters’ credentials as he slams ‘stupid’ questioning

President Donald Trump hinted Friday he could revoke more journalists’ White House credentials, as he called one reporter a “loser” and accused another of asking a “stupid question.”

Fed tightening is supposed to be painful, says Jim O’Sullivan

The Federal Reserve needs to keep raising interest rates until job growth slows to a sustainable pace, said Jim O’Sullivan, chief U.S. economist for High Frequency Economics and the 22-time winner of the Forecaster of the Month contest.

Americans still upbeat despite stock-market turmoil, consumer sentiment shows

Americans are still upbeat about the economy heading into the holiday shopping season despite big ups and downs in the stock market and rising U.S. interest rates, a survey of consumers shows. The University of Michigan’s consumer-sentiment index fell slightly to 98.3 in November from 98.6 in October.

This bull market may be just two weeks old

More than half of U.S. stocks experienced a bear market in October, writes Mark Hulbert.

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Jacob Passy is a personal-finance reporter for MarketWatch and is based in New York.

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