Category: United States

Currency fluctuations affect different populations in different ways. Consider the recent decline of the yen, which slid from around ¥103 against the U.S. dollar DX00, -0.04% DXY at the end of 2020 to a multi-decade low of around ¥151 in late 2023. The weak yen USDJPY, -0.02% has forced some of my economist friends in Japan […]

The Federal Reserve has no plans to extend an emergency loan program it launched last year to bolster the capacity of the banking system in the wake of the collapse of Silicon Valley Bank. The Bank Term Funding Program will expire on March 11 as it reaches its original one-year time limit, Fed Vice Chair […]

Renters, rejoice: While home prices have continued to rise, rents are falling after a major run-up over the last few years. And more relief could be on the way. The median asking rent in the U.S. fell in December by 0.8%, as compared to the previous year, real-estate brokerage Redfin RDFN, -3.38% said Monday. The […]

After many months of activist-investor pressure, Monday’s abrupt departure of Twilio Chief Executive Jeff Lawson is a likely precursor to more change, such as a possible sale of its data and applications unit. Twilio’s shares TWLO, +6.68% soared almost 7% on Monday on the news that Lawson, who also co-founded the communications-software company, was stepping […]

GSK on Tuesday said it had struck a deal to acquire asthma drug developer Aiolos Bio for up to $ 1.4 billion, as the British pharmaceutical giant pushes forward with plans to bolster its development pipeline by snapping up autoimmune and respiratory focused biotech companies.  The British pharmaceutical giant said it would pay $ 1 […]

Elliott Investment Management has taken a significant stake in online dating company Match Group Inc., and plans to push for changes to boost its stock, the Wall Street Journal reported Monday night. According to the report, which cited sources familiar with the matter, the activist investor has built a roughly $ 1 billion stake in […]

Samsung Electronics 005930, -1.44% expects its fourth-quarter operating profit to fall 35% from a year earlier, missing market expectations and dampening hopes for an earnings recovery led by its semiconductor business. The world’s largest maker of memory chips, smartphones and televisions said in a preliminary earnings forecast Tuesday that its operating profit is expected at […]

Extreme Networks shares EXTR, +2.28% edged down 5.9%, to $ 16.47 in after-hours trading Monday after the company lowered its second-quarter revenue outlook. The stock, which closed up 2.3%, to $ 17.52, is down 8.7% over the past 12 months. The cloud-networking company guided for revenue to be between $ 294 million and $ 297 […]

Sure, stocks weren’t so sure-footed as they started out of the gate for 2024, but the first full trading week of the new year may be the one that sets a tone across markets for the coming year. After all, the question of whether inflation has been tamed — or whether it will stay tamed […]

Apple Inc.’s stock had a very good run in 2023, but it is starting 2024 with looming issues that make it look expensive for investors. To begin, Apple AAPL, +1.94% has morphed into a slow-growth company, failing to increase year-over-year revenue in each of its past four reported quarters. The company is heavily reliant on […]

The commercial moon lander that was launched atop the first Vulcan rocket early Monday has run into problems just hours into its historic mission. The United Launch Alliance Vulcan rocket carrying Astrobotic Technology’s Peregrine lunar lander lifted off from Space Launch Complex 41 at Cape Canaveral Space Force Station in Florida at 2:18 am ET. […]

Trying to “time” the stock market is hard enough. But if you’re just going to follow the herd — buying high, and selling low — you might as well just give it up. Wait, that’s not right. You’re supposed to buy low and sell high. But so-called retail investors — people like you and me — have […]

It has now been more than 15 years since the white heat of the global financial crisis, when Lehman Brothers, Bear Stearns, and the Royal Bank of Scotland (among others) failed. At the time, big banks deserved the tidal wave of opprobrium that came their way, and they duly accepted huge increases in capital requirements, […]

The Federal Reserve should first slow the pace of its balance-sheet reduction and then gradually end the program, to reduce the likelihood of having to stop it abruptly, Dallas Fed President Lorie Logan said Saturday. “Normalizing the balance sheet more slowly can actually help get to a more efficient balance sheet in the long run […]

The bottle Elvis Whiskey’s Midnight Snack whiskey, $ 34.99 The back story It’s time to toast The King on his birthday, with a one-of-a-kind whiskey crafted in his honor. If he was still with us, Elvis Presley, the King of Rock ‘n’ Roll, would have turned 89 this upcoming Monday. But while Elvis left the […]

Radio and podcast giant Audacy Inc. filed for chapter 11 bankruptcy protection Sunday amid a cratering advertising market. Philadelphia-based Audacy AUDA, +5.50% announced a “comprehensive restructuring” Sunday, seeking to reduce about 80% of its $ 1.9 billion of debt, to roughly $ 350 million. “The perfect storm of sustained macroeconomic challenges over the past four […]

Don’t miss these top mutual fund and ETF features: Sign up here to get MarketWatch’s best mutual funds and ETF stories emailed to you weekly! INVESTING NEWS & TRENDS This ETF’s strategy has been working, and the numbers point to continued success A combination of low price-to-earnings valuation and high expected growth rates can set up […]

Saudi Aramco on Sunday said it would cut crude prices to all regions, including its largest market in Asia — a move that comes amid weaker global oil prices and increased production by producers outside the Organization of the Petroleum Exporting Countries. In a notice, state producer Aramco said February prices for various grades of […]

Dear Quentin, I have six siblings. My youngest brother, 50, has his name on the title of the family house, as did my two deceased brothers. Two sisters got married and removed their names from the deed. One of our sisters was on the title, but also passed away. My brother says, “I don’t own […]

Dear Big Move, We need to relocate from Seattle for a variety of reasons — work, disliking our neighborhood, desire for better weather, need better schools — and will be moving 2,000 miles away. We currently have a four-bedroom 2021 new construction 2,700 square-foot home. Our mortgage payment is approximately $ 3,800 and our interest […]