Category: United States

If you’re looking for an electric SUV that will duplicate all the sounds and visceral feelings of a gasoline-powered car, the Nissan Ariya isn’t it. In a world of piped-in sounds and electronic exhaust notes, the new 2023 Nissan Ariya goes with “quiet and serene” instead. Is that a good choice? Yes. For years, Nissan NSANY, +0.13% […]

A coalition of Starbucks Corp. investors on Monday filed a shareholder proposal asking for a third-party assessment of the company’s stated commitment to workers’ freedom of association and collective bargaining rights, citing many allegations that the company has interfered with those rights. The investors, led by the New York City Pension Funds, said in the […]

China’s central bank on Tuesday kept its benchmark lending rates unchanged, in line with market expectations as Beijing held off on monetary easing to avoid increasing downside pressure on its currency. The People’s Bank of China said it held the one-year loan prime rate steady at 3.65% and the five-year rate at 4.30%, according to […]

Ford Motor Co. shares dropped more than 4% in the extended session Monday after the company said inflation and parts shortages will leave it with more unfinished vehicles than it had expected, reminding Wall Street supply-chain snags are far from over for auto makers. Ford F, +1.43% said it expects to have between 40,000 and […]

Nikola Corp. CEO Mark Russell told a New York federal jury Monday that he had concerns about joining the electric-truck company because he believed its founder, Trevor Milton, “was prone to exaggeration in public statements.” Testifying in Milton’s securities-fraud trial, Russell said that before coming on board in 2019 as president of Nikola NKLA, -10.55%, he and Milton reached an agreement […]

U.S. stocks flipped between gains and losses on Monday as investors braced for a Federal Reserve meeting that’s expected to deliver another large interest-rate hike and shed further light on the Fed’s plans for monetary policy. What’s happening The Dow Jones Industrial Average DJIA, +0.44% was down 45 points, or 0.1%, at 30,778, after falling […]

Adobe Inc.’s stock slide was set to continue Monday, after another analyst threw in the towel on their bullish call, in the wake of the company’s $ 20 billion bid to buy creative-collaboration platform Figma. “While the product/strategic fit is clearly aligned, it’s the price tag that is likely to lend credence to the bear […]

When a McDonald’s worker has a beef with their boss, complaining to McDonald’s Corp. won’t help. When an employee at Google has a problem, they likely can’t seek out a Google manager — their manager usually works for a vendor hired by the tech giant. Large American companies have used the franchise model, like at […]

The eyes of the world are on Westminster Abbey in London for the funeral service of Queen Elizabeth II. The coffin used to lay Britain’s longest-serving monarch to rest has been attracting plenty of attention. In keeping with royal tradition, the coffin is lined with lead, according to Metro, which reports that the tradition dates […]

Roche Holding AG said Monday that its vision-loss treatment Vabysmo has been approved in the European Union after successful phase-3 study data. Vabysmo (faricimab) is a treatment for age-related macular degeneration and visual impairment due to diabetic macular edema, two conditions linked to vision loss, the Swiss pharmaceutical company ROG, -0.48% said. The approval from […]

The Federal Reserve is widely expected this week to raise its benchmark interest rate by 0.75 percentage points in an effort to slow the economy as a way to cool inflation. “What the Fed was doing earlier this year was taking its foot off the gas pedal,” said Carl Riccadonna, chief U.S. economist at BNP […]

Billions of people worldwide are expected to tune in to watch the state funeral for Queen Elizabeth II on Monday. About 750,000 mourners are expected to pay their respects in London, including about 500 world leaders. On Sunday, authorities closed the public line to view the queen lying in state in Westminster Hall at the […]

Don’t miss these top money and investing features: Sign up here to get MarketWatch’s best mutual funds and ETF stories emailed to you weekly! INVESTING NEWS & TRENDS The stock market’s trend is relentlessly bearish Plus, a new recommendation is a ‘straddle purchase’ on the S&P 500. Read More There’s hardly any good news in the […]

Many Americans will be watching the funeral of Queen Elizabeth II, even if it requires waking up in the early hours of Monday to do so. They will probably be among some 4.1 billion viewers or around half the world’s population that could tune in to the event. On the surface, it’s easy to see […]

Congress has fiddled while the Social Security trust fund has burned. Nothing has been done for years to rescue the finances of America’s retirement plan as it has hurtled towards D-Day: Depletion Day, when the trust fund runs out of money. D-Day is in 2035. About one third of working age Americans over the age […]

Citigroup has dramatically upped the ante when it comes to luring young bankers in a competitive job market, assigning them to a two-year stint at the Spanish seaside. The Wall Street bank C, -0.68% has set up a new branch for junior investment bankers in Málaga, the capital of the province of the same name […]

When stock market volatility and inflation persist, smart retirees seek ways to make the most of their money. It’s not easy, but small steps can make a difference and keep you from making the wrong moves in unpredictable times. “Even when the seas are rough, there are always little, tiny things you can do,” says certified […]

The Federal Reserve isn’t trying to slam the stock market as it rapidly raises interest rates in its bid to slow inflation still running red hot — but investors need to be prepared for more pain and volatility because policy makers aren’t going to be cowed by a deepening selloff, investors and strategists said. “I […]

Food prices continued to rise in August, putting pressure on lower- and middle-income households in particular.  The cost of food for home preparation were up 13.5% as compared with August 2021, the highest rate of growth since March 1979, government data show. The annual rise in the U.S. consumer price index was 8.3% in August. […]

It’s no longer enough to give 1% of profits each year — and push others to do the same — in order to save an Earth that Patagonia’s adventurous customers consider their playground. Almost 50 years after its 1973 founding, billionaire Yvon Chouinard and his family will surrender all ownership of the privately held outdoor-clothing […]