Category: United States

Indian steel stocks fell sharply on Monday after the government announced an export levy on some steel products. Tata Steel Ltd. 500470, -11.99% shares were recently 11% lower, JSW Steel Ltd. 500228, -12.22% shares were down 12% and Jindal Steel & Power Ltd. 532286, -16.82% shares dropped 15%. India’s Ministry of Finance said Saturday that […]

Chip maker Broadcom Inc. is in negotiations to buy enterprise cloud-computing company VMware Inc., according to multiple reports Sunday night. Bloomberg News, Reuters, the New York Times and the Wall Street Journal reported the ongoing talks but did not mention a purchase price; as of Friday, VMware VMW, +0.80% had a market cap of about […]

U.S. stock-index futures gained late Sunday, after Wall Street last week sank to is longest losing streak since 1932. Dow Jones Industrial Average futures YM00, +0.85% were recently up about 250 points, or 0.8%, while S&P 500 futures ES00, +1.06% and Nasdaq-100 futures NQ00, +1.29% posted gains above 1% Crude prices CL.1, +0.79%, meanwhile, gained […]

Hi, MarketWatchers. Don’t miss these top stories. How old were you when you finally got a ‘good’ job? Today’s young people face a longer, harder road to that goal than the last generation did The more difficult path to ‘good’ jobs has long term implications for economic well-being Read More ‘Perfect storm of supply and […]

“ ‘It is a concern in that if it were to spread it would be consequential.’” — President Biden That’s President Joe Biden on Sunday commenting on rising cases of monkeypox, which have been identified in Europe and recently the U.S. Biden made his remarks about the virus, which is contagious and causes a rash akin […]

We are looking to retire in about three years. I will be 67 and my wife will be 62. We don’t want to have to shovel snow or worry about significant accumulation; but we do want to be out and about during the days and evenings year-round.  We may rent, but if we decide to […]

TerraUSD USTUSD, +22.81% and LUNA LUNA, -4.26% are being falsely accused for what’s come to be known as the “crypto crash.” A good counterargument can be made that the real culprit is bitcoin’s BTCUSD, +2.24% overvaluation. The notion that bitcoin’s fair value can even be calculated may take some getting used to, and I’ll discuss […]

For many years, Georgia McManus of Waynesville, N.C., enjoyed her job writing commercial insurance policies for Stanberry Insurance and serving customers. Soon after she retired in 2018, McManus got antsy. “I didn’t want to quit working completely,” she says. “I needed something to do.” At age 70, McManus is now loving doing similar work — […]

“‘For the most part, I think I’m OK.’ ” That’s popular tennis star Naomi Osaka, capping a thoughtful 18-minute press conference at Roland Garros Friday, site of her abrupt withdrawal a year earlier when she put her mental health ahead of the world’s expectations. The tournament, part of professional tennis’s Grand Slam, begins Sunday. At last […]

Before you make that PB&J, you may want to make sure your peanut butter hasn’t been recalled. The U.S. Food & Drug Administation (FDA) said Friday that the J.M. Smucker Co. SJM, -0.83% is “recalling select Jif peanut butter products sold in the U.S. due to potential Salmonella contamination.” The FDA noted that Salmonella is “an organism […]

Early Voting won the 147th running of the Preakness Stakes, the second leg of thoroughbred racing’s Triple Crown. Epicenter finished second in the contest, held at Baltimore’s Pimlico Race Course. Creative Minister came in third. Early Voting was among the favorites and went off at 5-1 odds. Epicenter was the top favorite in the nine-horse […]

Investing usually uses a combination of head, heart and gut even if it’s not supposed to. And perhaps no market theme stirs “all the feels” quite like ESG. This week, a major move to cut Tesla from a closely followed environmental, social and governance (ESG) index brought anger and relief in nearly equal measure. Defiance […]

The machine Bartesian cocktail maker, $ 369.99 The back story America loves its cocktails. But apparently, it doesn’t love making them. How else to explain the many cocktail mixers or ready-to-drink (RTD) cocktails you’ll find on store shelves? And in recent years, there’s been another way to have your drinks at home — via a […]

If House Speaker Nancy Pelosi plans on attending her local Catholic church or any other anytime soon, she won’t be able to take Holy Communion. That’s the word from the Rev. Salvatore Cordileone, the Catholic archbishop of San Francisco. It all stems from the fact that the 82-year-old California Democrat, a longtime practicing Catholic, has […]

Investors, already grappling with a sinking stock market and fears that the U.S. economy may be heading for a recession, now turn their focus to the consumer. For one thing, consumer discretionary stocks are among the hardest hit. The market’s fixation on peak inflation and how many times the Federal Reserve could hike interest rates […]

With prices rising everywhere, Airbnb ABNB, -1.42% hosts report that their hosting money has become essential money. More than a third of the Airbnb hosts around the world said hosting has helped them to cover the rising costs of living. The lodging rental company rolled out its annual survey this week that looks into how […]

How low can stocks go? This question has made investors nervous, as they fear one bottom after another. The answer: Pick a number. Some analysts say brace for further drops, others expect a bounce. Wall Street is nervous at the prospect of stagflation — the double-edged sword of prolonged inflation and high unemployment — as […]

Hi, MarketWatchers. Don’t miss these top stories. ‘I chose to take a gamble’: Husband-wife lab researchers admit taking Pfizer vaccine data to develop their own cancer treatment The plot unraveled after Chenyan Wu was caught trying to sneak toxic chemicals into the U.S. from China to start a lab in San Diego. Read More Airbnb […]

The term “revenge travel” became a popular way to describe consumers dusting off their itineraries shelved by the pandemic, but 2022 is poised to be an even bigger payback to those dog days of 2020. That’s because travel and all its incidental spending is back with a vengeance even compared to last year, according to […]

“Stranger Things” fans are about to embark on their longest curiosity voyage yet.  The fourth season of the hit Netflix NFLX, +1.56% supernatural coming-of-age series steeped in nostalgia clocks in at roughly 13 hours across nine episodes, which is almost five hours longer than its previous three seasons ran. And the ninth and final episode […]