Category: United States

Dear Harry, Our son is remodeling his house. He and his partner have two children but are unmarried. My wife and I would like to build an add-on to his house to live in during our retirement. We have cash, but don’t know how to structure this financially and protect ourselves so we can stay […]

Climate change may not top inflation when it comes to burning midterm election issues, but the younger the voter, the more important the topic grows. Clean-energy jobs are at stake, as are a handful of popular tax incentives in favor of electric vehicles and efficient home energy upgrades, passed just a few months ago. No […]

Outperforming the stock market is boring stuff. I’m not referring to what it feels like to beat the market over the long term, which is exhilarating. I’m instead referring to the process it takes to get there. Rarely will the strategies you can actually follow through thick and thin be the performance leaders in any […]

U.S. Treasury yields saw a mixed finish Friday, with the yield on the 2-year note rising edging down a day after ending at a more-than-150-year high as investors assessed a stronger-than-expected October jobs report. What’s happening The yield on the 2-year Treasury note TMUBMUSD02Y, 4.691% fell 4.7 basis points to 4.652%, after ending Thursday’s session […]

November is here, and we are heading into one of the most divisive times facing our country. Everyone has a different opinion about it, family members can’t agree and some people are even losing sleep over it. It’s not the midterm elections we’re talking about. It’s time to “fall back” and turn our clocks back […]

A few years ago, when he was just past 65, Los Angeles Times columnist Steve Lopez was at a crossroads. Should he retire, after nearly 50 years as a journalist, or keep at it? To find the answer and help others struggling with a similar question, Lopez — a four-time Pulitzer Prize finalist — did […]

Apple Inc.’s rumored augmented-reality glasses may not appear until 2025 or 2026, according to Jeff Pu, an analyst at Haitong International Tech Research. The tech giant’s augmented- and virtual-reality moves are being closely monitored, with Apple AAPL, -0.19% reportedly working on an AR/VR standalone headset and AR glasses for everyday wear. In a note reported […]

If you’re planning on buying a Christmas tree this year, start thinking about it now — and maybe put some money aside. Supply-chain disruptions and global inflation have affected the supply and prices of Christmas trees this year, both artificial and real ones, industry experts said.   With inflation at a 40-year high and prices of […]

How much are you worth? On Friday, the economy added a surprisingly robust 261,000 new jobs in October, underpinning the strength of a labor market that the Federal Reserve worries will still stoke high inflation. The unemployment rate rose to 3.7% from 3.5%, the government said Friday, as more people lost jobs and the size of […]

The defendants in a defamation lawsuit brought by Cassava Sciences have hit back at the plaintiff, saying it’s one of the most “frivolous” lawsuits they’ve seen. Biotech company Cassava Sciences SAVA, +0.50% is known for its shares rocketing to extreme heights after becoming a meme stock in 2021 and subsequently falling 62% over the last […]

In March, Rohit Chopra was invited to give a virtual speech at the University of Pennsylvania, an Ivy League school known for churning out finance-minded graduates who fill the rosters of Wall Street firms. A graduate of Penn’s Wharton School, Chopra himself had been part of this club. But he quickly established that he was […]

U.S. stock futures were pointing higher on Friday, indicating Wall Street could break a four-day losing streak, though investors had one major hurdle to get through first — the nonfarm payrolls report. How are stock-index futures trading? S&P 500 futures ES00, +0.56% rose 25.7 points, or 0.6%, to 3,753.25 Dow Jones Industrial Average futures YM00, […]

Giant Biogene Holding Co.’s stock zoomed higher in its Hong Kong market debut, after the Chinese skincare company raised 549.4 million Hong Kong dollars (US$ 70.0 million) in an initial public offering. Xi’an, China-based Giant Biogene’s shares rose 15% to HK$ 27.95 on Friday morning, compared with its offer price of HK$ 24.30 a share, […]

Twitter Inc. will begin mass layoffs Friday morning, as Elon Musk looks to slash costs at the social-media company that he acquired last week for $ 44 billion. In an unsigned email sent to Twitter’s 7,500 employees late Thursday, the company said: “In an effort to place Twitter on a healthy path, we will go […]

It is three weeks before Black Friday, but the Federal Reserve has likely made the post-holiday debt hangover a little more intense. The central bank made a widely expected move on Wednesday, adding another 75-basis-point increase to a key interest rate. This rate hike will be reflected in credit-card rates in December 2022 or January […]

Hi, MarketWatchers. Don’t miss these top stories. Fidelity launches waitlist to offer crypto trading to retail investors Fidelity Crypto has opened up an early access waitlist for retail investors who want to trade bitcoin BTCUSD and ethereum ETHE. Read More U.S. Latinos’ total economic output was $ 2.8 trillion in 2020. So why aren’t more […]

It’s all hands on deck if the world is to solve its climate-change dilemma in just a few decades. But money in female entrepreneurial hands is much harder to come by than for male counterparts. Amazon.com Inc. said Thursday it wants to close that gap. Amazon AMZN, -2.59% and the U.S. Agency for International Development […]

Companies that rate publicly traded stocks based on environmental, social and governance scores will come under heightened scrutiny if Republicans are able to take over Congress in the upcoming elections. Republican Sen. Pat Toomey of Pennsylvania announced Thursday that he has requested information from 12 companies about how they calculate ESG scores, and said that […]

The numbers: U.S. productivity rose at a 0.3% annual clip in the third quarter, the government said Thursday. That’s the first gain after two straight sharp quarterly declines. Economists surveyed by MarketWatch had projected a 0.5% increase.  Over the past 12 month, U.S. productivity declined at a 1.4% pace, slightly less than the 2.1% rate […]

If you’re reading this column, odds are you’re aware the U.S. population is aging and older Americans are living longer, on average. Still, the numbers are striking. For instance, average life expectancy for men at age 65 in 1950 was 13.1 years and for women 16.2 years, according to the Social Security Administration. The current […]