Author: US

The lack of housing inventory for home buyers is having major ripple effects in the rental market, as more Americans seek to renew leases to buy themselves more time for their home search. Rents for single-family homes increased nationwide by 9.3% over the past year as of August, according to a new report released Tuesday […]

Few of us who have survived the last year aren’t grateful for technology. Zoom, email, connected workplaces and solid internet connections at home have made it possible to work, shop, study and carry on our lives in a way that wouldn’t have been possible had the pandemic hit, say, 20 years earlier. But parts of […]

Dear MarketWatch, I’m 68 years old and retired. My current home is valued at approximately $ 400,000 and is paid for. I own a lot in Delaware and am going to build a house that will cost approximately $ 450,000 to $ 500,000. I don’t want to sell my current home until the new one […]

Hello there! Think of this as the crypto edition of ETF Wrap. And it is hard to blame us for being in a crypto state of mind, after the debut of the U.S.’s first bitcoin-linked exchange-traded fund. The new product offered by the folks at ProShares has helped to spark a rally to new heights […]

The owner of a nonprofit, high-tech lab aimed at making science more accessible to kids secretly ran a money-laundering operation behind the scenes, swapping out drug dealers’ dirty cash for bitcoin, prosecutors say. Christopher Allan Boden, 46, had since 1994 run the Geek Group, an educational facility that gave access to high-grade scientific equipment to […]

One of the ways that President Joe Biden proposes to pay for the important investments in his Build Back Better plan is by strengthening the IRS’s enforcement arm to catch tax cheats. Unfortunately, the financial industry and conservatives in Congress are mischaracterizing his proposal to improve the information that banks report to the Internal Revenue […]

Hello and welcome back to MarketWatch’s Extra Credit column, a weekly look at the news through the lens of debt. This week we’re once again digging into an obsession of mine: How we define debt or credit and the implications of that definition for businesses and consumers.  Earned wage access products have been at the […]

The movie set on which Alec Baldwin discharged a prop firearm in an incident that killed one person and wounded another was hampered by worker complaints over pay and conditions, according to people familiar with the filming. The camera crew walked off the set earlier this week, according to the people. Workers complained about pay, long hours, […]

Much like a federal lawmaker seeking safety inside the US Capitol on January 6, GameStop GME, -6.55% and AMC Entertainment AMC, -6.73% are wondering where all of their supporters are now that the MAGA crowd has knocked down the door. Both of the biggest names in meme stocks closed down on Friday with GameStop falling […]

While 90% of Republicans might believe that social media platforms censor political viewpoints, according to Pew Research Center, a new study from Twitter points to the opposite. The study, published Thursday, was conducted by a team at Twitter TWTR, -4.59% that analyzed millions of tweets from April 1, 2020 to Aug. 15, 2020. The researchers […]

Gold futures climbed Friday, but bullion was trading below the day’s best levels after remarks from Federal Reserve Chairman Jerome Powell raised the likelihood that the central bank will soon start to slow, or taper, its monthly bond purchases. The comments offset some of gold’s earlier support from concerns that rising inflation in the aftermath […]

American Express Co. topped earnings and revenue estimates Friday as the company benefited from an acceleration in consumer spending and saw further recovery in the travel and entertainment categories that had been hit hard earlier in the pandemic. The financial services company posted third-quarter net income of $ 1.8 billion, or $ 2.27 a share, […]

President Joe Biden and Congressional Democratic leaders are reportedly scaling back their visions of tax hikes on the rich and corporations, but whether that ultimately translates into a win for the wealthy is an open question, according to tax experts. There was a time in the not-too-distant past when top Democratic lawmakers seemed ready to […]

President Joe Biden said he’s open to altering or eliminating the filibuster in order to protect voting rights — and perhaps more — and would consider calling in the National Guard to help unclog the nation’s supply chain in a wide-ranging town hall on CNN on Thursday night. “We’re gonna have to move to the […]

Dear Quentin, My mother passed away five weeks before her 100th birthday. We are not a family of money, but Mom had saved a little bit to give to her remaining children. One sister who actually had the most money moved to town while Mom was in Virginia staying with me for six months during […]

Snap Inc. sounded the alarm Thursday for the long-feared internet advertising meltdown that could be coming in the normally busy fourth quarter. Long-feared because ever since Apple Inc. AAPL, +0.15% announced upcoming privacy changes to the iPhone, many companies with internet advertising businesses have been warning about its impact potential looming over their results. Apple […]

Intel Corp. shares dropped in the extended session Thursday after the chip maker’s revenue and data-center sales fell just short of Wall Street estimates amid a big earnings beat but a lower-than-expected earnings and gross margins forecast. Intel  INTC, +1.14% shares, which were down about 7% in the extended session as the conference call with […]

An earlier version of this story misstated AT&T’s GAAP earnings per share for the third quarter. It was 82 cents. AT&T Inc. posted a big quarter of subscriber gains Thursday, but its shares were slightly down as some questioned the impact of promotions on the company’s growth. The telecommunications giant saw 1.22 million net additions […]

Nvidia Corp. has come up with a way of supplying customers with high-performance gaming cards amid a global chip shortage and supply-chain issues: Sell it as a service. On Thursday, Nvidia NVDA, +2.01% announced that its GeForce Now cloud-gaming platform now delivered similar performance to its RTX 3080-series of gaming cards due to its new […]

Sometimes I wish I could edit myself as easily as a Google Doc. I would trim my own story to be clearer, more coherent, engaging, and focused — and take a big Ctrl + X to my anxieties, self-criticism and paralyzing doubt.  If only it were that simple. Science has reached a point where it’s […]