Category: United States

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 […]

Oil futures erased early weakness to end with a small gain Friday, though upside appeared to be limited by a sharp stock-market selloff. Price action West Texas Intermediate crude for the most active July contract CL00, +0.36% CLN22, +0.36% rose 39 cents, or 0.4%, to close at $ 110.28 a barrel on the New York […]

The S&P 500 on Friday was a whisker away from the threshold that would mark a bear market. History shows that when the bear does arrive, it tends to stick around awhile. Back-to-back drops left the large-cap benchmark SPX, -1.37% down 18.7% from its Jan. 3 record finish on Thursday, closing at 3,900.97, its lowest […]

President Joe Biden made headlines on April 28 by saying he’ll roll out a plan for canceling federal student loans “in the next couple of weeks” — and that he’ll aim to forgive less than $ 50,000 in debt per borrower. So what’s likely to happen actually? A Biden move to wipe out some student […]

With the Great Resignation over the past couple of years, along with a lot of folks pursuing FIRE (Financial Independence, Retire Early), there are a lot of people who are either dropping out of the workforce altogether or pursuing other passions that result in a lower paycheck. You might think that these folks are giving […]

Shares of Singapore-listed palm oil producers jumped in early Asian trade, after Indonesia said it will end a temporary ban on palm oil exports on Monday. Among Singapore-listed plantation stocks, Bumitama Agri Ltd. P8Z, +5.33% was recently 8.0% higher on Friday, Golden Agri-Resources Ltd. E5H, +5.45% rose 7.3% and First Resources Ltd. EB5, +2.38% added […]

Dear Moneyist, My wife and I adopted a terrier during the pandemic. It was the best decision we ever made, aside from getting married. But this is a close second.  We had some minor issues with Spencer — named after the late Diana, one of my wife’s favorite royal figures — “escalating the play,” according […]

SpaceX paid a flight attendant $ 250,000 in 2018 to settle a sexual misconduct claim against Elon Musk, its founder and chief executive, according to a report Thursday by Business Insider. Citing interviews with a friend of the woman and documents it obtained, Business Insider reported the woman accused Musk of exposing himself to her […]

Cisco Systems Inc. executives spent much of Wednesday afternoon blaming the COVID-related shutdowns in China for a $ 1 billion shortfall in its revenue forecast, but the tech bellwether could be showing wider problems. Cisco CSCO, -13.73% reported fiscal third-quarter financial results that showed flat revenue and earnings that were mostly in line with Wall […]

When shopping for a financial adviser, people most often seek someone with experience and expertise. Yet don’t rule out mid-career professionals who’ve changed careers to become advisers. While they may lack experience in the financial services industry, their diverse work history can be helpful in meaningful ways. “So much of being a financial planner is […]

“‘Probably a 30% chance of recession as you look forward to the next 12 to 24 months.’” That was Goldman Sachs Group Inc. GS, -0.08% CEO David Solomon talking about the U.S economy during a couple of recent interviews. Solomon, who has been the chief executive officer at Goldman Sachs GS since 2018, made the […]

Dear Quentin, I am 33 years old, I currently make just over $ 120,000 a year, including an annual bonus, and my company has gifted me with around $ 300,000 in equity in the firm, although our stock is brand new, so it is constantly swinging up and down. I put around 6% toward a […]

Consumer stocks were hit hard on May 18 as disappointing earnings reports from Target Corp. and Walmart Inc. led to double-digit declines for many retailers. Market Snapshot: Dow skids 1,100 points and heads for worst day since June 2020 on stagflation fears, higher costs eroding profits Shares of Target TGT, -24.93% fell 25% after the […]

The carnage playing out in the U.S. stock market on Wednesday is likely an amuse-bouche compared with the devastation on the menu for the bulls in the coming months and years, Guggenheim Partners Global Chief Investment Officer Scott Minerd told MarketWatch in an interview. The prominent CIO on Wednesday said he envisioned the possibility of […]

If your investments have swung wildly up and down this year, join the club. You may have already recognized some significant gains and some significant losses —especially if you’ve been buying the dips and riding the elevator back up before selling. Then starting all over again.  In any case, nothing is decided tax-wise until yearend […]

Japan’s exports increased for the 14th consecutive month in April, driven by robust overseas demand for steel and mineral fuels, Ministry of Finance data showed Thursday. Exports rose 12.5% from a year earlier in April. That compared with March’s 14.7% increase and was weaker than the 13.9% increase expected by economists surveyed by data provider […]

Cisco Systems Inc. shares plunged in the extended session Wednesday after the tech bellwether’s revenue forecast came up more than $ 1 billion short of Wall Street expectations, which executives blamed on COVID shutdowns in China. Cisco CSCO, -4.43% shares dropped more than 15% after hours, following a 4.4% decline in the regular session to […]

Elon Musk may be discovering what experts in organizational behavior have known for years: white knights rarely rescue companies. This could explain Musk’s reticence to go forward with his proposed acquisition of Twitter TWTR, -4.19%. Many are dubious of Musk’s stated reason — concern that many Twitter accounts are fake — and have therefore wondered […]