Personal Finance Daily: Read this before you panic about a global coffee shortage, and this bleak chart makes scary reading for all home buyers

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Happy Thursday, MarketWatchers. Don’t miss these top stories:

Personal Finance
Tapas bars, high-end gyms and pet services — how did a college education turn into a luxury vacation?

The financial arms race for the money of wealthy parents has no limit these days.

This bleak chart makes scary reading for all home buyers

Millennials want to be homeowners, but there are lots of obstacles in their way.

‘I am planning on retaining a lawyer’ — My mom left her entire estate to my stepfather, so how can I claim what is rightfully mine?

‘Even if you break bread on Thanksgiving and have known each other for most of your lives, you are not considered his child under the eyes of the law.’

Someone paying $120,000 for a banana duct-taped to a wall at Art Basel is the perfect picture of wealth inequality

Art sales and auctions have been setting records, which could be another sign of the wealth gap, according to a Citi report.

Read this before you panic about a global coffee shortage

The International Coffee Organization predicted worldwide coffee consumption would exceed production by 502,000 60-kilogram bags next year.

Mortgage rates hold steady, but economists say don’t expect that to last

Mixed economic data meant that interest rates on home loans remained unchanged this week.

Federal Reserve and others agencies have a plan to make it easier to approve personal loans

‘The agencies recognize that use of alternative data may improve the speed and accuracy of credit decisions,’ they said in a joint statement.

How some employers are helping workers pay student loans

With outstanding student loans at $1.5 trillion, it pays to work for a company that chips in.

This depressing chart shows the jaw-dropping wealth gap between millennials and boomers

Boomers had seven times the wealth at age 35 than millennials will at the same age

I discovered through that my biological father is someone else — can I claim an inheritance as his heir?

‘The secret was never revealed to me either by him or by my mother.’

Elsewhere on MarketWatch
Fed’s Quarles says there are now more ‘options’ than just bailing out failing banks

Faced with a failing bank, future regulators will have other options than just bailing them out, Fed Governor Randal Quarles said Thursday.

Joe Biden challenges Iowa voter to push-up contest — may have called him ‘fat’

During a campaign stop in Iowa on Thursday, Joe Biden was confronted by a man who accused the former vice president of “selling access to the president” in exchange for a high-paying job in Ukraine for his son, Hunter. Biden didn’t like it.

Pentagon official concedes bigger Mideast troop deployment is on table

A top Pentagon official told senators that U.S. military officials are considering bolstering the U.S. force presence in the Middle East to counter threats from Iran following a significant buildup throughout the year.

‘Don’t mess with me’ — Pelosi gets into heated exchange over ‘hate’ for Trump

House Speaker Nancy Pelosi exploded at a reporter Thursday when asked if she “hates” President Trump, in a heated exchange that came after she called for impeachment articles to be drawn up.

Trump urges Democrats to make impeachment quick as Pelosi asks committee to craft charges

President Trump urged Democrats to hurry up with impeachment, saying he wanted a fair Senate trial and to move the country “back to business.”