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TOKYO — Japan’s economy recovered its pre-pandemic size in the April-June quarter with strong consumer spending after pandemic-related movement restrictions were lifted. The world’s third-largest economy after the U.S. and China expanded 0.5% in the three months to June from the previous quarter. That compares with a flat reading in the previous quarter and consensus […]

Shopping online is finally getting cheaper after more than two years of steady price increases with the U.S. in the grip of record-high inflation. But the catch is that you have to be shopping for electronics or clothes to see the price cuts. E-commerce entered deflation in July, meaning that prices trended downward for the […]

The “crying CEO” said he never intended to become a viral phenomenon. Braden Wallake’s emotional LinkedIn post about having to lay off employees at his Ohio-based marketing-services company became the talk of social media this past week. But Wallake told MarketWatch he was as surprised as anyone that so many people responded to what he […]

Why are eggs so expensive now?  Grocery prices continued to soar in July despite slower inflation overall, and eggs were among the foods experiencing the biggest increases. The average price of a dozen large, Grade A eggs was $ 2.94 in July, up 38% from the same period last year at $ 1.64, according to […]

Both prospective home buyers and sellers are backing off from the U.S. housing market, a new survey shows. Their anxiety over higher mortgage rates and a softening market was registered by the Fannie Mae Home Purchase Sentiment Index FNMA, -0.08%, which dropped by 2 points in July to 62.8. That’s the lowest level since 2011. […]

As rents continue to rise, consumers are beginning to feel the squeeze, a report notes. Analysis of dollars spent on Bank of America credit and debit cards in July by the Bank of America Institute found that median rent payments paid increased by 7.4%, as compared to the previous year. Median rent payments are ticking […]

Whether you think cryptocurrency is just a fad or the future of finance, it’s a fascinating technology. You probably made your last car purchase with boring old dollars, but maybe the next one will be with a digital currency. If you’re wondering if you can buy a car with cryptocurrency, you’re in the right place. Let’s take […]

Sometimes people ask me how to invest money that they won’t ever need. Most often, I hear this from investors who must take required minimum distributions from retirement accounts and don’t need the money to live on. In many cases they see this requirement as a problem. But instead, they could regard it as an […]

Sky-high housing prices still threaten to complicate the Federal Reserve’s inflation fight, even as America’s market for single-family homes shows signs of cooling in response to sharply higher interest rates. This week, Redfin reported the number of “stale” home listings climbed above 60% in July, reflecting the year’s surge in mortgage rates and concerns about […]

A 14-room duplex in one of New York City’s most well-heeled co-op buildings, 740 Park Ave., came on the market Wednesday asking $ 26 million. Built in 1929 by James T. Lee, the banker and real-estate investor grandfather of Jacqueline Kennedy Onassis, the building was designed by noted New York City architect Rosario Candela. The […]

A jersey that Michael Jordan wore during a 1998 NBA Finals game in Utah will be auctioned by Sotheby’s online from Sept. 6-14. With a presale estimate of between $ 3 million and $ 5 million, it will be the most expensive price for a Jordan jersey, or any piece of Jordan memorabilia, the auction […]