MarketWatch First Take: Snap points to possibility of Apple causing the long-feared ‘ad-mageddon’

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 […]

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: 19 states offered million-dollar lotteries to increase COVID vaccination rates — this research says they didn’t work

At the start of this year, demand for COVID-19 vaccines outpaced supply. But when the tides turned, states dangled million-dollar lottery drawings for newly vaccinated individuals with hopes of increasing vaccination rates. Ohio pioneered vaccine-tied lotteries in mid-May with its Vax-a-Million campaign, the state’s five-week-long lottery that enabled Ohioans 18 and older to enter their […]

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Market Snapshot: Dow, S&P 500 trade near records, even as Fed’s Beige Book points to inflation, labor shortages

The S&P 500 index and Dow industrials traded near records Wednesday as investors parsed the Federal Reserve’s latest Beige Book showing the U.S. economy is growing at a modest to moderate pace, but remains under pressure from inflation and labor shortages. Upbeat corporate earnings also continue to fuel bullishness in stocks, with electric-vehicle maker Tesla […]

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Key Words: Inflation ‘single biggest threat’ to markets and ‘society in general,’ says investor who called stock-market crash in 1987

“‘The No. 1 issue facing Main Street investors is inflation, and it’s pretty clear to me that inflation is not transitory. It’s probably the single biggest threat to, certainly, financial markets and again probably I think to society just in general.’” — Paul Tudor Jones, Tudor Investment Corp. It’s safe to say that billionaire hedge-fund […]

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: Activision Blizzard fires, reprimands several employees over harassment, discrimination allegations: report

Activision Blizzard Inc. has fired several unnamed employees and reprimanded others connected to allegations of sexual harassment and discrimination reported earlier this year, according to a media report late Tuesday. Back in July, Activision Blizzard ATVI, +1.02% employees decried the company’s light response to a California lawsuit alleging sexual harassment and discrimination, and the issue […]

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The Moneyist: ‘Grandma recently passed away, leaving behind a 7-figure estate. Needless to say, things are getting messy’

Dear Quentin, A relative recently passed away, leaving behind a seven-figure estate. Needless to say, things are getting messy.  When Grandma passed, it was expected by all for the trust to be executed by my aunt for many years, until she recently developed a medical condition that affected her cognitive ability.  As such, the successor […]

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