Category: United States

It’s become tiresome to hear ever-more-common complaints that between price hikes, consolidation and fewer shows, streaming has basically become cable. It has not. It’s not going to. For consumers, streaming is still cheaper than cable and offers wildly more choices. However, some of February’s most anticipated streaming offerings just happen to be cable and network […]

When it comes to dining out, I love a good deal as much as anyone else. Which means I’ve always anticipated Restaurant Week, that promotion in my hometown of New York City where hundreds of establishments offer multi-course meals at a discount. But in recent years, I’ve noticed the math hasn’t always added up to […]

Higher interest rates have made borrowers scream for the past three years, but they’ve been pretty good for savers. Retirees, and others who need income from their investments with little or no risk, have suddenly been getting interest on their deposits again. Bonds — Treasury and corporate — have been offering semi-respectable yields. And lifetime […]

It’s time for tech earnings — and that means a lot of talk about the future of artificial intelligence and all the money it will make companies and their investors in the years and decades to come. It’s the sort of thing that leads to nicknames like the “Magnificent Seven,” which was popularized last year […]

Charter Communications Inc. shares suffered their worst one-day drop on record Friday as the company’s latest earnings illustrated continued pressures in the cable industry. The company reported a net loss of 61,000 broadband subscribers, whereas analysts were expecting slight positive growth even as management previously suggested net additions would be negative. Charter CHTR, -16.51% said […]

Shares of One 97 Communications Ltd. continued to plunge after a bank used by the company’s popular Paytm mobile payments service was effectively shutdown by bank regulators, which prompted J.P. Morgan to recommend investors sell. The Reserve Bank of India’s actions against PayTM Payments Bank Ltd., announced Wednesday, included not allowing further deposits, credit transactions, […]

Mark Zuckerberg delighted Meta shareholders and Wall Street this week with news of the social media giant’s first-ever dividend. The IRS may also be happy, now that it’s staring at millions in taxes on the Meta stock dividends bound for Zuckerberg’s portfolio. Zuckerberg, the CEO of Meta Platforms Inc. META, +20.32%, is poised to make […]

A previous version of this story contained incorrect information about the management changes at Goldman Sachs. The story has been updated. Two members of the management committee at Goldman Sachs Group Inc. have departed the key ruling body at the bank as it reshuffles the roles of its most powerful senior executives, the Wall Street […]

A little-known indicator with an impressive record — the gold-to-platinum ratio — is bullish for the U.S. stock market over the coming 12 months. It’s important to point this out not just because bullish news is always welcome. It’s also a useful counterweight to investors’ growing pessimism. Inflation isn’t coming down as fast as previously […]

Cocoa futures headed higher for a sixth straight session on Friday, with prices poised to mark another settlement at their highest in more than 46 years. “The availability of cocoa from West Africa remains restricted and projections for another production deficit against demand for the coming year are increasing,” Jack Scoville, vice president of The […]

Tesla Inc. Chief Executive Elon Musk’s push to reincorporate the electric-vehicle maker in Texas after a legal defeat in Delaware may have broader implications for the company. The move could reinforce the image of Musk as a mercurial chief executive acting on yet another whim while shying away from improving Tesla’s TSLA, +0.84% corporate governance. […]

Amazon.com Inc. closed out last year with a big quarter of profit growth — and it signaled that a recent acceleration in its all-important cloud-computing business was expected to continue into 2024. The company on Thursday reported $ 13.2 billion in operating income for the fourth quarter, up from $ 2.7 billion a year before. […]

Tesla Inc. will pay $ 1.5 million to settle a lawsuit filed earlier this week by 25 California counties accusing the electric-vehicle maker of mishandling hazardous waste. San Francisco District Attorney Brooke Jenkins announced the settlement late Thursday. “While electric vehicles may benefit the environment, the manufacturing and servicing of these vehicles still generates many […]

Shares of Chinese developer Landsea Green Management 106, +40.68% rose after the company said its Nasdaq-listed unit will buy a Texas homebuilder for $ 185 million. Shares were up 19% in early Hong Kong trading Friday, lifting the stock into the green for the year. Landsea Green said ahead of trading that its Landsea Homes […]

Shares of Intel Corp. slipped in extended trading Thursday after the Wall Street Journal reported that the start of production at the chip maker’s new $ 20 billion manufacturing plant in Ohio will be delayed by at least a year. Intel confirmed the report, saying it will not meet its “aggressive” goal of commencing production […]

Hello! This week’s ETF Wrap gives you a look at where investors put their money to work in January — and where they didn’t. Please send feedback and tips to christine.idzelis@marketwatch.com or isabel.wang@marketwatch.com. You can also follow me on X at @cidzelis and find me on LinkedIn. Isabel Wang is at @Isabelxwang. Sign up here for our weekly ETF Wrap. Investors […]

This article is reprinted by permission from NextAvenue.org. Inflation is slowing down, hopefully for good. But real interest rates — what you can earn from investing in safe government bonds over and above inflation remain high. Since 2022 real yields on Treasury inflation-protected securities (TIPS), also known as inflation-indexed bonds, have gone from below zero to roughly 2%. […]

The numbers: A closely watched index that measures U.S. manufacturing activity rose to 49.1% in January from 47.1% in the prior month, according to the Institute for Supply Management on Thursday. That is the highest level since October. Economists surveyed by the Wall Street Journal had forecast the index to rise to 47.2%.  Any number […]

Meta Platforms Inc.’s surging stock is expected to advance even further Thursday when the social-media company is expected to announce a bump in advertising revenue in its fourth-quarter results. Here’s what analysts are looking for ahead of Meta’s META, -2.48%  earnings report, which is due out after the closing bell. What to expect Earnings: Analysts tracked […]

U.S. stock futures rose early Thursday ahead of earnings from three of the Magnificent 7: Apple, Amazon.com and Meta Platforms. How are stock-index futures trading S&P 500 futures ES00, +0.32% rose 14 points, or 0.3%, to 4884 Dow Jones Industrial Average futures YM00, +0.08% added 32 points, or 0.1%, to 38312 Nasdaq 100 futures NQ00, […]