Category: United States

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 whether you think she’s right in the comments. And please share your suggestions for future Financial Face-off columns by emailing our columnist at lalbrecht@marketwatch.com.  The face-off Consumers have been shaken up […]

Gordon Moore, a founding father of Silicon Valley whose work in the chip industry catalyzed computing, died Friday at 94, with his passing marking the further end of a golden era for the technology industry. An Intel INTC, +1.14% co-founder who played an integral role in several of the earliest semiconductor companies, he is perhaps […]

Gordon Moore, the co-founder of Intel Corp. who helped accelerate the digitization of everyday life and solidify Silicon Valley’s place in tech culture, died on Friday at his home in Hawaii, according to a statement on the company’s website. He was 94. He died peacefully surrounded by family, according to the Gordon and Betty Moore […]

Dear Quentin, I’m happily married to my wife of 20 years. I am by no means a financial expert, but I do know more than the average investor. I do, however, worry about my in-laws. Unfortunately, my father-in-law has serious dementia and will probably need care soon. I’ve asked my mother-in-law to let me review their […]

President Joe Biden on Friday called U.S. banks in “pretty good shape,” but said it would take time for things to “calm down” in the industry after the failures of two institutions. Speaking in Ottawa, Canada, at a news conference with Prime Minister Justin Trudeau, Biden was asked about the U.S. response to turmoil in […]

Bank stocks finished a tough week with mixed trading Friday as investors balanced jitters around bank liquidity and weakness in Deutsche Bank shares against slightly positive emergency lending data and at least one analyst upgrade in the sector. First Republic Bank FRC, -3.27% dropped 0.6% to $ 12.46, but remained above its all-time intraday low […]

Here are some of the more prominent stock movers Friday, with the broader stock market pulling back over signals of more bank distress from Europe. Sector watch, banks: While the beleaguered bank sector saw some stabilization in the past week, as regulators attempted to assure investors that risk of contagion was minimal, the overall tone […]

Dear MarketWatch,  I’m trying to get some outside guidance on being able to retire in the next 5 to 7 years. I might have to work until I am 59 1/2 to be able to start using retirement funds. We have about $ 1.4 million in 401(k) and Roth accounts, $ 30,000 in stocks, a […]

Deutsche Bank shares slumped on Friday, putting the health of another globally systemic important bank in the spotlight heading into the weekend. The German lender’s shares DBK, -13.24% fell 8% in Frankfurt trade, and the Euro Stoxx bank index SX7E, -6.28% fell 4%. Deutsche Bank’s 5-year credit-default swaps widened on Thursday, in what Reuters reported […]

Do Kwon, the former CEO of Terraform Labs, whose stablecoin TerraUSD crashed last year, has reportedly been charged with fraud by the U.S. after being arrested Thursday morning in Montenegro. The Wall Street Journal and Blomberg News reported late Thursday that Kwon was charged by federal prosecutors in Manhattan with eight counts, including securities fraud, […]

Apple Inc. is planning to spend $ 1 billion a year on movies that will be shown in theaters, according to a new report, as part of a bid to boost subscribers for its streaming service and become a bigger player in Hollywood. Bloomberg News reported Thursday that Apple AAPL, +0.70% plans to significantly boost […]

As lawmakers spent nearly five hours grilling TikTok Chief Executive Shou Zi Chew on Thursday, you could be forgiven for having a serious case of déjà vu. Congressional hearings in which social-media executives take a beating have been happening for the past five years in Washington — just ask Meta Platforms Inc. META, +2.24% CEO […]

It has been three years since the U.S. stock market hit its COVID-19 bottom as the global economy suddenly shut down at the start of the pandemic in early 2020.  The S&P 500 SPX, +0.30% has risen nearly 76% from its closing low of 2237.40 reached on March 23, 2020, while the Dow Jones Industrial […]

Gold futures settled Thursday at a more than one-year high, after touching a high above $ 2,000 an ounce, finding support from declines in U.S. Treasury yields and weakness in the dollar. Moves for the market followed the Federal Reserve’s 25 basis-point interest-rate hike announced Wednesday, as the central bank’s Chairman Jerome Powell and his […]

Citigroup Inc. Chief Executive Officer Jane Fraser said the U.S. banking system remains in solid shape despite the demise of Silicon Valley Bank and Signature Bank of New York in the past two weeks and a subsequent swoon in bank stocks. “This is not a credit crisis,” Fraser said at the Economic Club of Washington, […]

This article is reprinted by permission from NextAvenue.org. Recently, when a family member died unexpectedly, I saw financial chaos up close and personal: his wife couldn’t access some accounts, didn’t have login or bank information and didn’t even know what credit cards or bills he had. The grieving widow could have been spared the hassle and added stress […]

When traveling, instead of booking a hotel, retirees sometimes turn to short-term vacation rental online sites and platforms. In the process, they can face fraud in the form of fake listings and attempts to move unsuspecting consumers off the site as a way to scam them. “It can happen that you book a vacation rental, and […]

When Nashville, Tenn. native Stephen Parker recently listed a mobile home that he owns on the rental market, he received about 30 applications in one week. “I priced it competitively,” he said. Parker, who is also a real-estate agent, said that he sees rent growth staying strong as people find it too expensive to purchase homes, […]

Dear Quentin, I asked my girlfriend to move in with me and am having a moral personal dilemma when it comes to rent.  She has said she would not move in with me if she wasn’t paying, so nothing isn’t an option. I bought the house in November 2019, and up until a few months […]

Shares of Coinbase Global Inc. dropped 15.8% in the extended session Wednesday after the crypto exchange disclosed a warning from regulators that it may have broken securities laws. Coinbase COIN, -8.16% said it received a Wells notice from the Securities and Exchange Commission, which could lead to formal charges. “We asked the SEC for reasonable […]