Author: US

If you bought a home last year or this year, good for you. Easier said than done. But new homeowners, like you, need to understand the tax angles. We are here for you. Please read on. Home ownership write-offs As your friendly Realtor no doubt told you, the cost of home ownership is reduced by […]

Tesla Inc. reported a stunning first quarter with fat profits Wednesday, driven by prices that have grown steadily along with demand for electric vehicles and supply issues throughout the automotive sector. Tesla raised prices on its electric vehicles in March, and that was not a one-off: Pro-Tesla blog Electrek wrote then that “in 2021, Tesla […]

A judge’s Monday decision voiding federal mask mandates for airlines and other forms of public transportation prompted a wave of airline companies and public transit providers to drop their mask rules. Now, airports, train stations and bus terminals are increasingly mirroring the patchwork of maskless scenes unfolding at many workplaces — even as some public […]

U.S. stock indexes were trading mostly lower Wednesday afternoon as the S&P 500 edged into negative territory and the Nasdaq Composite fell sharply on a huge slump in Netflix Inc. and other streaming video stocks. How are stocks trading? The Dow Jones Industrial Average DJIA, +0.84% was up 215 points, or 0.6%, at 35,127, after […]

The president of the San Francisco Federal Reserve on Wednesday said the central bank is likely to raise a key interest rate to as high as 2.5% by year end in a bid to help douse raging U.S. inflation. “I see an expeditious march to neutral by the end of the year as a prudent […]

Investors scrambled for reasons to explain a sharp stock-market surge Tuesday that saw the Dow Jones Industrial Average jump nearly 500 points as major indexes turned in their best performance in a month. A look at the calendar may offer the best explanation, argued Fundstrat co-founder Tom Lee. “Equities have fallen in a straight line […]

Americans are tired of losing sleep. On the second Sunday in March, Americans push their clocks forward, and the disruption to sleep patterns creates fatigue and a lot of irritable personalities. Church attendance is unusually sparse. Some folks miss the exercise altogether or show up late, just in time for the coffee. Disliking sermons—other than those proffered in […]

CHERNOBYL, Ukraine (AP) — Here in the dirt of one of the world’s most radioactive places, Russian soldiers dug trenches. Ukrainian officials worry they were, in effect, digging their own graves. Thousands of tanks and troops rumbled into the forested Chernobyl exclusion zone in the earliest hours of Russia’s invasion of Ukraine in February, churning […]

CalPERS, the country’s largest state public pension fund, disclosed Tuesday that it intends to vote for a Berkshire Hathaway shareholder proposal that would replace Warren Buffett as chairman. The California Public Employees’ Retirement System revealed its position in a filing with the Securities and Exchange Commission, ahead of Berkshire’s annual shareholders meeting April 30. The […]

Does it pay to be a mask-wearing outlier? On Monday, a federal judge in Tampa, Fla. threw out the national mask mandate for public transportation across the U.S., effectively giving airports and airlines, trains, and even ride-hailing services the option to keep mask rules or abandon them, resulting in mask-mandate rules that will vary depending […]

Hi, MarketWatchers. Don’t miss these top stories. ‘Travel has rebounded far quicker than analysts expected’: Passengers cheered the end of masks on flights, but they won’t be cheering these prices The number of people traveling by plane has rebounded close to pre-pandemic levels. Read More Rock & Roll Hall of Famer Dion’s motto as an […]

Financial markets haven’t grasped how high the Federal Reserve may have to raise interest rates to get inflation under control, a top IMF official said Tuesday. “Interest rates ultimately might end up at pretty high levels once we’re done [with] the tightening cycle. I’m not sure it’s fully priced in yet,” said Tobias Adrian, the […]

?As momentous as Russia’s invasion of Ukraine is, the most strategically important event in recent weeks was the global economic war between Russia and the U.S. and its allies. Russia, however, has been preparing to confront the West and challenge the Western socio-economic model for a long time. Russia’s strategic interests in Ukraine are well-known. […]

Cadre, the financial technology company focused on real estate investing, announced the sale of two properties on Tuesday that it said validates the robustness of its platform. The firm sold Lincoln Place, a 240-unit multifamily asset in Sacramento, Calif., with backing from 29th Street Capital, and the Lodge at Copperfield property, a 330-unit multifamily property […]

CHAPEL HILL, N.C. – One of the best bear-market-protection strategies is hidden in plain sight: Dividend-paying stocks. Most investors pay little attention to them. Because the stock market’s dividend yield in recent years has been at record low levels, traders interested in turning a quick buck aren’t interested. The financial media doesn’t help matters much, […]

Elon Musk’s satellite-internet business is pushing to provide wireless internet on airplanes — long a source of frustration among travelers — with at least one major carrier, Delta Air Lines Inc. DAL, -0.54%,  testing the offering. The Atlanta-based airline has held talks with SpaceX’s broadband unit, called Starlink, and conducted exploratory tests of Starlink’s technology, Delta Chief […]

A principal U.S. federal agency responsible for enforcing antidiscrimination laws has investigated Tesla Inc., according to a legal filing. The Equal Employment Opportunity Commission’s probe has come to light in a legal dispute over alleged racial discrimination and harassment at the electric-vehicle maker’s California auto assembly plant.

Hello and welcome to Financial Face-off, a MarketWatch column where we help you weigh financial decisions. Our columnist will give her verdict. Tell us in the comments whether you think she’s right, and please send in suggestions for future Financial Face-off columns. The face-off Almost everyone who’s had a paid job in the U.S. is […]

European oil and gas majors, such as Shell, continue to lead the transformation in the energy space toward cleaner alternatives that will not only help curb global warming, but likely will allow those companies and their investors to survive the coming decades. U.S. and broader North American concerns, on the other hand, including Chevron CVX, […]

A second global summit on COVID-19 is planned for May 12, at which global leaders will convene to discuss a redoubling of efforts to end the acute phase of the pandemic and prepare for future health crises, the White House said Monday. “The emergence and spread of new variants, like omicron, have reinforced the need […]