Author: US

At least $ 28 billion flowed into public and private electric-vehicle companies last year, including Tesla TSLA, +0.26% and Nio NIO, +4.13%. That’s not counting an even larger amount that went to autonomous-vehicle tech through blank-check companies such as Fisker FSR, +3.24%. Some warn that investors seeking the next big thing are overvaluing young companies. […]

President Joe Biden and Vice President Kamala Harris expressed outrage and sympathy on Friday as they visited Atlanta to meet with Asian-American leaders in the wake of shootings that left eight people dead, including six women of Asian descent. “Hate can have no safe harbor in America,” Biden said in a speech at Emory University. […]

Michael Cohen, former President Donald Trump’s ex-personal lawyer, said in a newly unsealed court document that he learned about startups in prison, as he pleaded to be released early from home confinement. Cohen — who was convicted in 2018 on charges including campaign-finance violations related to a hush-money scheme involving women who alleged affairs with […]

Dear Moneyist, I am a remarried father of three boys and three girls; three of those children are from a previous marriage. My wife and I are looking to buy a house next year. She recently told me that she is going to put it in her name only, as she is worried about my […]

Hi there, MarketWatchers. Don’t miss these top stories: Personal Finance There’s hope for people who missed a valuable tax break on unemployment benefits Though jobless benefits count as taxable income, one part of the sprawling law says the first $ 10,200 of those benefits are exempt from federal income taxes for households making under $ […]

The question still reverberating in financial markets is to what degree the $ 1.9 trillion coronavirus relief will be spent, either immediately or if the virus recedes enough for shoppers to be allowed, and wanting, to go out. This column previously pointed to surveys of both how the initial $ 600 stimulus was used, and […]

Finland has suspended the use of AstraZeneca’s vaccine shot despite backing by the European Medicines Agency on Thursday. The Finnish Institute for Health and Welfare is investigating two possible cases of blood clots it said on Friday. It’s investigation will take a week. On Thursday the European Medicines Agency said in an eagerly-expected report that […]

Dear Quentin, I was laid off due to COVID-19 last year. I want to work, but looking for something close to home isn’t panning out, and long-distance commuting isn’t an option for me. Our home and vehicles are paid for, and my husband makes $ 150,000 a year. I’m almost 60 and he is MUCH […]

Massive disruption is hurtling down the highway toward a $ 1.5 trillion global trucking market, as legacy manufacturers and new entrants alike grapple for pole position in a race for dominance in zero-emissions trucks. Electric vehicles have sped into the attention of investors in the last year, as stocks like Tesla TSLA, -6.93%, Nikola NKLA, […]

In a move certain to generate controversy, Instagram is developing a version of the popular photo-sharing app for users 13 and under. BuzzFeed News first reported the project Thursday, and it was later confirmed by an Instagram executive. Currently, Instagram’s policy doesn’t allow users under 13. Instagram is owned by Facebook Inc. FB, -1.90%, which […]

Some people who already filed their taxes might have a headache-free way out of a jam created by the newly-enacted $ 1.9 trillion American Rescue Plan. Though jobless benefits count as taxable income, one part of the sprawling law says the first $ 10,200 of those benefits are exempt from federal income taxes for households […]

Oil futures dropped 7% on Thursday, falling for a fifth straight session to finish at their lowest in more than two weeks, with some analysts noting concern over rising tensions between the U.S. and Russia, as well as a slowdown in the European vaccine rollout. “U.S.-Russia tensions are increasing, with the U.S. threatening sanctions on Russia,” […]

Dear Quentin, I am in my 30s, gainfully employed and married, but I still have significant student loans and I don’t expect to have a lot of extra funds in the near future. My parents are in their 60s and 70s, and live nearby. My stepfather is in his early 70s, and receives Social Security […]

Methane is a short-lived but powerful greenhouse gas and the second-largest contributor to climate change after carbon dioxide. And the majority of human-induced methane emissions comes from livestock. About 70% of agricultural methane comes from enteric fermentation – chemical reactions in the stomachs of cows and other grazing animals as they break down plants. The animals burp out most […]

European stocks rose on Thursday in the first opportunity to react to the latest Federal Reserve decision, with the big story being the selloff in bonds the central bank did nothing to quell. The Stoxx Europe 600 SXXP, +0.33% rose 0.3%, with even stronger gains for the Stoxx Europe TMI Value index STVP, +0.70%. The […]

South Korea’s Hanwha Group intends to sell half its stake in electric-truck maker Nikola Corp. According to a Securities and Exchange Commission filing dated Tuesday, Hanwha plans to sell about 11 million shares, worth about $ 180 million as of Wednesday’s closing price of $ 16.39 a share. “Hanwha remains an important strategic partner and […]

‘The Big Move’ is a MarketWatch column looking at the ins and outs of real estate, from navigating the search for a new home to applying for a mortgage. Do you have a question about buying or selling a home? Do you want to know where your next move should be? Email Jacob Passy at TheBigMove@marketwatch.com. […]

Three of the nation’s biggest banks are asking shareholders to reject racial-equity resolutions after they expressed solidarity with the Black Lives Matter movement last year. Citigroup Inc. C, +0.37%, Wells Fargo & Co. WFC, +1.25% and Bank of America Corp. BAC, +0.82% were among the many large U.S. companies to make public statements of support […]

The $ 1.9 trillion COVID-19 relief bill has been signed, and the $ 1,400 stimulus payments for many Americans are on the way. About 90 million stimulus payments totaling $ 242 billion have already been distributed as of Wednesday, with more to be dispersed in the coming weeks. The first batches of payments were mostly […]