Category: United States

An earlier version of this article misstated the number of shares and the total dollar amount invested in Concord Acquisition Corp., by Ark Investment Management’s ARK Fintech Innovation ETF. The error has been corrected. Cathie Wood’s ARK Invest has purchased shares of the special-purpose acquisition company, or SPAC, that is merging with Circle, one of […]

Chief executives of the parent companies of Google and Facebook colluded to manipulate online advertising sales under a 2018 scheme nicknamed Jedi Blue and signed off on it, state attorneys general allege in newly unredacted filings. The filings are part of a lawsuit filed in December 2020 by 14 state attorneys general led by Texas […]

Another prominent New Yorker is throwing some shade at Chicago. New York Mayor Eric Adams, who assumed office at the start of the year, made a talking point of Chicago having to shut down its schools for four days because of a standoff with the local teachers union over COVID-19 safety concerns. “This is not […]

Ready for today’s retirement investing pop quiz? What’s the single most consequential thing you can do to improve your chances of not running out of money in retirement? I’ll try answering this question in a minute, but I’ll note first that chances are good that this question isn’t just hypothetical but applies to you personally. […]

Few ideas hold sway over U.S. markets and the economy today more than the wisdom of passive index investing. Vanguard founder Jack Bogle’s once-eccentric belief — that an individual investor’s best recipe for long-term gains is a diversified portfolio of securities and a relentless focus on keeping fees low — is now the market’s most […]

Stock and bond markets in the U.S. will be closed Monday, January 17 in observance of Martin Luther King, Jr. Day, offering traders a rest after a volatile start to the year. The Securities Industry and Financial Markets Association, or Sifma, has recommended that bond markets close for the day, which may impact trading in the 10-year […]

If the COVID-19 pandemic changed more than just your routine, you’re not alone. When the pandemic pared down our daily lives, it made it clear what matters to us most.  For a whole lot of people, it highlighted just how much we needed a change. The pandemic turned everyone’s world upside down. Maybe the experience […]

BEIJING–China’s trade surplus hit a record high in 2021, boosted by strong exports that have topped market expectations since their pandemic recovery. For the full year, China’s exports rose 29.9% to a new high of $ 3.36 trillion, beating 2020’s record of $ 2.6 trillion, according to data released by the General Administration of Customs […]

Jan. 15 marks the first day that private health insurance companies will be required to reimburse policyholders for at-home COVID-19 tests they purchase, according to guidance the Biden administration published on Monday. However, insurance companies may not have their systems up and running by then to comply with the new guidance, which was originally announced […]

Jan. 15 marks the first day that private health insurance companies will be required to reimburse policyholders for at-home COVID-19 tests they purchase, according to guidance the Biden administration published on Monday. However, insurance companies may not have their systems up and running by then to comply with the new guidance, which was originally announced […]

A period of high inflation and rising interest rates has taken out shares of companies with rich valuations. Then there’s the stubborn coronavirus, with variants raising infection rates and causing stocks in travel-related industries to crash after they staged partial recoveries. Uncertainty is in the air, and a 7% consumer inflation rate doesn’t help. A […]

There’s nothing magical about a stock index hitting the 10% decline that constitutes what Wall Street considers to be a correction. So we need to stop treating this 10% mark as meaningful. It isn’t. The odds that stocks will rise are no different after a 10% decline than they are before. This is important to […]

Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch, and I’ll walk you through the latest and greatest in digital assets this week so far. Find me on Twitter at @FrancesYue_ to send feedback or tell us what you think we […]

Talk about a tax burden. The founder of a nationwide tax preparation chain has been sentenced to a year and a day in prison for running a tax refund advance scheme that fleeced customers with $ 70 million in excessive fees. Fesum Ogbazion, of Cincinnati, Ohio, had been accused of drawing in customers to Instant […]

President Joe Biden on Tuesday said he supports changing Senate filibuster rules “whichever way they need to be changed” to advance voting-rights legislation. It’s not yet clear, however, how Democrats will try to alter the longstanding procedure. Senate Majority Leader Chuck Schumer, a New York Democrat, has set Martin Luther King Jr. Day — Monday […]

Pros High quality at relatively reasonable prices Spacious cabin Strong resale values Serene driving experience Many standard driver-assistance features Cons Base engine lacks power Rear seats don’t fold What’s new? Minor styling tweaks inside & out Upgrades to driver-assistance features Improvements to the infotainment system New ES 300h F Sport version F Sport models now […]

Cryptocurrencies, also known as virtual currencies, have gone mainstream. That’s for sure. For example, you can use bitcoin BTCUSD, -0.13% to buy a Tesla TSLA, +3.93% and to buy or pay for lots of other things. However, using cryptocurrencies has federal income tax implications. Here’s what you need to know at 2021 tax return time […]

Private-equity firm TPG Partners LLC is going public with $ 109 billion of assets under management in one of the more highly anticipated public stock debuts from the world of alternative investing. TPG TPG.xx, shares are expected to trade on Nasdaq under the symbol “TPG” on Thursday morning, after they were priced at $ 29.50 […]

The three-headed monster of inflation, COVID and antitrust will dominate the attention of tech executives this year, but the industry remains a prime investment opportunity because of emerging technology, Silicon Valley legend John Chambers predicts. “Overall, tech is still a great opportunity” to invest, Chambers, the billionaire venture capitalist who was chief executive of Cisco […]

The Weeknd has had a busy year in real estate. In 2021, the musician made headlines with some huge transactions. And to start off the new year, the XO record label founder is kissing his Westwood penthouse goodbye, according to Dirt. It’s now on the market for $ 22.5 million. The pop star, whose given name is Abel Tesfaye, purchased […]