Author: US

South Korea’s exports expanded for a 12th consecutive month in October on solid demand for semiconductors and other goods, despite challenges from global supply-chain disruptions. Overseas shipments grew 24.0% from a year earlier to $ 55.55 billion, following September’s 16.7% increase, according to preliminary data released by the trade ministry on Monday. The median forecast […]

U.S. pharmaceutical companies are expected to collect more revenue from COVID-19 vaccines in the third quarter than they did in the entire first half of the year, and that money should continue to grow. In the first half of the year, Pfizer Inc. PFE, +1.30% and Moderna Inc. MRNA, -0.78% reported collective sales of $ […]

Dear Quentin, My grandmother recently passed away, and the will did not mention her jewelry.  My mom is trying to decide what to do with my grandma’s jewelry. She wants to be fair, but is having a hard time deciding what is fair. No one else who is next of kin wants the jewelry. The […]

Ai Weiwei Returns to an Invisible Past The artist-activist on his most beloved objects and his new memoir, “1000 Years of Joys and Sorrows,” which charts his father’s life, and his own, as an “enemy of the state.” Oct. 31, 2021 at 8:27 a.m. ET by Caryn James

Merck & Co. Inc. predicts it will make between $ 5 billion and $ 7 billion in sales of its potentially game-changing new oral COVID-19 drug in 2022, assuming it’s granted regulatory authorization this year.  Merck’s MRK, +1.73% stock closed Thursday at $ 86.55, its highest price over the last year, after the company shared […]

Ai Weiwei Traces a Century of Making Authorities Squirm A new memoir by world-famous artist-provocateur Ai Weiwei, “1000 Years of Joys and Sorrows,” traces a century of his family’s ups and downs with authorities; it’s being published in more than 20 countries—though not China. Oct. 30, 2021 at 11:00 a.m. ET by James T. Areddy

This article is reprinted by permission from NextAvenue.org. It’s probably the biggest retirement question you have (after Do I have enough money to retire?) — Where should I live in retirement? The question really needs to be split in half: Which community and neighborhood should I live in? And what kind of home should I live […]

Stuffed yet? Don’t worry, if Thanksgiving doesn’t fill you up, November’s streaming lineup will. The month is ridiculously stacked, with Netflix’s “Cowboy Bebop,” Disney’s “Hawkeye,” Hulu’s “The Great,” Apple’s “The Shrink Next Door,” Amazon’s “The Wheel of Time” and Paramount+’s “Mayor of Kingstown” — and we haven’t even gotten to HBO Max yet. Spoiler alert: […]

Sam Bankman-Fried, the co-founder and CEO of FTX, one of the world’s most prominent crypto exchanges, says that one of the biggest potential risks to the bullish trend for the digital-asset market is a daisy chain of events alongside a regulatory crackdown. “I really think…the biggest risk is a cascade, combining a big crash, liquidations,” and a […]

Dear Ms. MoneyPeace: I have a question about how to calculate the cost basis of my home. I was married when my then-husband and I bought the house I still live in. Years later, we divorced, and as part of the settlement, we had the house appraised to get the market value. I refinanced the […]

Amazon.com Inc. says it added 628,000 workers globally over the past 18 months, but labor continues to hamper the company’s efforts to meet demand. The e-commerce giant is still looking for 150,000 seasonal workers in the United States, and has announced a search for 40,000 corporate and tech workers and 125,000 fulfillment and transportation workers. “In Q3, labor became our primary capacity constraint, not storage space […]

A host of extreme weather this year brings added intensity to what some have called the most ambitious, and possibly most critical, convergence of global powers to discuss climate change in decades. Extreme cold knocked out power to parts of Texas early in the same year that brought an unprecedented heat dome and temperatures as high as 117 degrees […]

Dear MarketWatch, I have two elderly parents who own their home, but are still paying a mortgage on it. Both parents still live in it, but one requires a full-time caretaker. As far as bank accounts go, they are all set up with joint owners and beneficiaries. We don’t know what to do about the […]

Barron’s Crypto: 21st Century Paradigm Shift Readers weigh in on cryptocurrencies, metaverse investing, China’s crackdown on tech and education, utility stocks versus U.S. Treasuries, and Charles R. Dreifus’ opinion on why the Fed isn’t tightening Oct. 29, 2021 at 9:12 p.m. ET

Some hedge funds are likely to be facing substantial losses as the result of a steady narrowing in the differential between yields for long-dated U.S. government debt and shorter-dated ones, traders said on Friday. Concerns about possible losses come as global yield curves have been flattening, with short-term rates rising at a faster pace than […]

Billionaire Charlie Munger says he’s unfazed by criticism of a University of California, Santa Barbara, residence hall partially funded by his $ 200 million donation and stands by his vision for the project — where 94% of the student rooms won’t have windows. “I think the building will be a huge success,” Munger told MarketWatch. […]

The Value Gap is a MarketWatch Q&A series with business leaders, academics, authors, policymakers and activists on reducing racial and social inequalities. As author Evan Moore tweeted this fall: It’s highly unlikely that a Black man from 71st and Luella in Chicago and a South Asian woman from New Jersey would team up to write a hockey […]

Microsoft Corp. eclipsed Apple Inc. as the most valuable U.S. company for the first time in nearly 16 months after the smartphone giant reported a rare sales miss in the face of supply constraints. Apple shares AAPL, -1.82% ended Friday’s session down 1.8%, implying a valuation of $ 2.458 trillion based on the company’s most […]

Oil futures declined on Friday, with U.S. prices ending a streak of nine consecutive weekly gains — the longest on record — as rising domestic crude inventories, the potential for revived Iran nuclear talks, and a retreat by natural-gas futures dragged crude prices further away from multiyear highs. “The oil market has experienced an imperfect […]

The spread between 5-year and 30- year Treasury yields flattened further Friday to levels not seen since March 2020 with the Federal Reserve’s favored inflation gauge holding well above the central bank’s 2% target but U.S. consumer sentiment still near the lowest levels since the pandemic began. . What are yields doing? The yield on […]