Category: United States

Chemours Co.’s stock dropped more than 4% in the extended session Tuesday after the chemicals company delayed its quarterly financial results, saying it “needs additional time.” Chemours CC, -2.21% was scheduled to update Wall Street on its fourth quarter on Wednesday, with a conference call with analysts slated for Thursday. Chemours moved the earnings date […]

New York City has long been a tough town for renters, but the city just hit two milestones that show just how difficult it is to find and pay for an apartment these days. The cost of renting in New York has hit a new high, just as the number of available rental units has […]

Kroger Inc., facing regulatory pushback over its plan to merge with rival grocery chain Albertsons Cos. Inc. in a roughly $ 25 billion deal, said Tuesday it typically lowers prices for consumers after consummating a deal. Critics of the deal have argued it’s more likely to lead to higher prices as it will further reduce […]

A recent Congressional Budget Office report that estimates higher population growth than the Census Bureau is getting economists to revisit the issue of how immigration, both legal and illegal, is impacting the economy. Related: Immigration may answer two big mysteries of the U.S. economy Steve Englander, head of North America macro strategy at Standard Chartered, […]

Americans have some concerns about self-driving car technology — 93% of them do — according to a new survey. The idea of the self-driving car took a particularly severe hit when Tesla TSLA, -2.81% was forced into a pair of high-profile recalls of the systems it calls Full Self-Driving and Autopilot last year. Those are […]

Dear Moneyist, My wife and I live in California, as do three of our four grown daughters. We are revisiting our family trust for the first time in many years, as we’re getting older and have gradually built an estate worth a couple of million dollars. We want to make sure that, in case our […]

Dear Quentin, My in-laws helped my wife and me purchase a home that we all live in, including my teenager. They provided $ 300,000, and we bought the home for just over $ 500,000. All four of us — my wife and I and my in-laws — are on the deed and the loan. I […]

Shares of JetBlue Airways Corp. rose sharply after hours on Monday after billionaire activist investor Carl Icahn reported a 9.91% stake in the air carrier and said his investment firm would continue discussing potential board representation. That disclosure was made in a regulatory filing on Monday. Icahn, in the filing, said Jetblue’s JBLU, +2.19% stock […]

Only a month ago, parts of Wall Street were considering what was being described as an “unthinkable” scenario of no interest-rate cuts by the Federal Reserve this year. Now, a strategist at one big bank is going a step further in the higher-for-longer theme on rates. Related: Does January jobs report put interest-rate hike on […]

The numbers: The U.S. federal budget deficit narrowed to $ 22 billion in January, down from $ 39 billion in the same month last year, the Treasury Department said Monday.   Economists surveyed by the Wall Street Journal had forecast a $ 21 billion deficit. For the first four months of the fiscal year, the deficit […]

I bet you can’t guess which industry is currently most favored by investment newsletters. I’ll give you a clue: It’s not technology, which by far is the best-performing S&P 500 SPX industry for year-to-date performance. The S&P 500 Semiconductors & Semiconductor Equipment Industry Group Index XX:SP500.4530, for example, is sitting on a blistering seven-week gain […]

AbbVie Inc.’s stock fell 0.5% early Monday, after the biotech lowered its first-quarter guidance to reflect the dilutive impact of its closure of the acquisition of ImmunoGen. AbbVie ABBV, -0.41% said it now expects first-quarter per-share earnings to range from $ 2.26 to $ 2.30, down from prior guidance of $ 2.30 to $ 2.34, […]

For all the attention paid to the highflying tech giants dubbed the Magnificent Seven, there’s another grouping that has kept right up with them, and with a lot lower risk. It’s called GRANOLAS, a term coined by Goldman Sachs during 2020 to refer to the largest European companies at that time: GSK GSK, +0.22%, Roche […]

““I signed and was responsible for the Music Modernization Act for Taylor Swift and all other musical artists. Joe Biden didn’t do anything for Taylor, and never will. There’s no way she could endorse crooked Joe Biden, the worst and most corrupt president in the history of our country, and be disloyal to the man […]

Patrick Mahomes, Travis Kelce and the Kansas City Chiefs are back-to-back Super Bowl champions. Mahomes threw a 3-yard touchdown pass to Mecole Hardman with 3 seconds left in overtime, and the Chiefs rallied to beat the San Francisco 49ers 25-22 on Sunday in the second overtime game in Super Bowl history, becoming the first repeat […]

Secretary of Defense Lloyd Austin — who was hospitalized at Walter Reed National Military Medical Center in Washington, D.C., on Dec. 22, 2023, and released Jan. 9, 2024 — was taken back to the same hospital on Sunday, the Pentagon said. In a statement, the Pentagon said Austin was transported by his security detail to […]

The Federal Reserve’s pushback on expectations for interest-rate cuts over the past two weeks has investors closing watching inflation data and piling more cash into money-market funds. Investors stashed a record $ 6.48 trillion away in U.S. money-market funds through the end of January, with the balance growing as euphoria in December over a Fed […]

After ride-hailing and delivery platform Uber Technologies Inc. reported quarterly results last week, the blurbs swept in from analysts. They cheered the company’s more consistent profitability and the prospect of an investor-payout plan, growth in ride demand and gains in the segment that allows other businesses to advertise in the app. And they cited its […]

While regional-bank stocks continue to be dragged down by the troubles assailing New York Community Bank, their bonds are holding up — suggesting bondholders view NYCB’s issues as isolated. NYCB’s NYCB, +16.95% sole traded bond tumbled last week as its stock shed more than 40% of its value after the bank posted a surprise quarterly […]

Got a question about taxes or investing? You can write to me at beth.pinsker@marketwatch.com. Dear Marketwatch,  Who do I contact to find our 2022 tax refund that we directed to go into an I-bond on our tax return? Because amounts under $ 50 are not accepted in I-bonds, we received a deposit into our bank […]