Category: United States

Amazon.com Inc. says it added 628,000 workers globally over the past 18 months, but labor continues to hamper the company’s efforts to meet demand. The e-commerce giant is still looking for 150,000 seasonal workers in the United States, and has announced a search for 40,000 corporate and tech workers and 125,000 fulfillment and transportation workers. “In Q3, labor became our primary capacity constraint, not storage space […]

A host of extreme weather this year brings added intensity to what some have called the most ambitious, and possibly most critical, convergence of global powers to discuss climate change in decades. Extreme cold knocked out power to parts of Texas early in the same year that brought an unprecedented heat dome and temperatures as high as 117 degrees […]

Dear MarketWatch, I have two elderly parents who own their home, but are still paying a mortgage on it. Both parents still live in it, but one requires a full-time caretaker. As far as bank accounts go, they are all set up with joint owners and beneficiaries. We don’t know what to do about the […]

Barron’s Crypto: 21st Century Paradigm Shift Readers weigh in on cryptocurrencies, metaverse investing, China’s crackdown on tech and education, utility stocks versus U.S. Treasuries, and Charles R. Dreifus’ opinion on why the Fed isn’t tightening Oct. 29, 2021 at 9:12 p.m. ET

Some hedge funds are likely to be facing substantial losses as the result of a steady narrowing in the differential between yields for long-dated U.S. government debt and shorter-dated ones, traders said on Friday. Concerns about possible losses come as global yield curves have been flattening, with short-term rates rising at a faster pace than […]

Billionaire Charlie Munger says he’s unfazed by criticism of a University of California, Santa Barbara, residence hall partially funded by his $ 200 million donation and stands by his vision for the project — where 94% of the student rooms won’t have windows. “I think the building will be a huge success,” Munger told MarketWatch. […]

The Value Gap is a MarketWatch Q&A series with business leaders, academics, authors, policymakers and activists on reducing racial and social inequalities. As author Evan Moore tweeted this fall: It’s highly unlikely that a Black man from 71st and Luella in Chicago and a South Asian woman from New Jersey would team up to write a hockey […]

Microsoft Corp. eclipsed Apple Inc. as the most valuable U.S. company for the first time in nearly 16 months after the smartphone giant reported a rare sales miss in the face of supply constraints. Apple shares AAPL, -1.82% ended Friday’s session down 1.8%, implying a valuation of $ 2.458 trillion based on the company’s most […]

Oil futures declined on Friday, with U.S. prices ending a streak of nine consecutive weekly gains — the longest on record — as rising domestic crude inventories, the potential for revived Iran nuclear talks, and a retreat by natural-gas futures dragged crude prices further away from multiyear highs. “The oil market has experienced an imperfect […]

The spread between 5-year and 30- year Treasury yields flattened further Friday to levels not seen since March 2020 with the Federal Reserve’s favored inflation gauge holding well above the central bank’s 2% target but U.S. consumer sentiment still near the lowest levels since the pandemic began. . What are yields doing? The yield on […]

Fans and shareholders of Tesla are making stronger and louder arguments about the future of their favorite company. In them, they draw analogies to one of the most successful brands and businesses in the history of capitalism. They suggest that automaking may go the way of handset manufacturing and that – for Tesla TSLA, +3.78% […]

Investors were pushing the sell button on Apple Inc. shares early Friday, following disappointing results, but many Wall Street analysts held their bullish ground, saying demand for the tech giant’s products is not going anywhere. Shares of Apple AAPL, +2.50% fell over 3% in premarket trading after the iPhone maker reported its first miss on […]

Dear Quentin, I have been working remotely part time as an independent contractor (aka Form 1099) for a friend for four years doing bookkeeping and admin work. When I started, she told me how much she pays and I was happy with the rate since it is more than I could make where I live. […]

A husband-and-wife team of real estate brokers in Virginia have been charged with stealing $ 300,000 through a scheme that allowed them to collect advances on commissions for sales that hadn’t gone through or were simply made up. Federal prosecutors say Jessee Allen Deloach, 40, and his wife Natasha Ashley Miller Deloach, 38, doctored at […]

Both Apple Inc. and Amazon.com Inc. had rare earnings disappointments on Thursday, which may lead investors to look in another direction for big holiday returns. This column warned that the two tech giants could stumble this quarter, as the supply-chain issues that had been affecting other industries took a bite out of both Apple AAPL, […]

Amazon.com Inc. missed expectations on profit and sales for the third quarter as its profit declined by the largest percentage in more than four years, the retailer announced Thursday, while predicting another large profit drop for the holiday season. Amazon AMZN, +1.59% reported third-quarter earnings of $ 3.2 billion, or $ 6.12 a share, down […]

Hasbro Inc. says that supply chain challenges delayed $ 100 million in merchandise during the third quarter, but most of that has been delivered by the fourth quarter. Toys had been a category identified in the summer as at risk by the supply chain bottlenecks around world. Those problems persist, but Hasbro HAS, +1.62% says […]

Fiserv Inc.’s stock dove to its worst performance in more than 19 months Wednesday after the financial-technology company discussed the loss of a large processing customer during its earnings call and gave a more muted commentary around the current quarter than some were expecting. The stock fell 10% in Wednesday trading, making for its steepest […]

David LaValle, global head of ETFs at Grayscale Investments, said on Wednesday that he expected the U.S. Securities and Exchange Commission to approve the company’s application for a spot bitcoin ETF by July next year.  Grayscale applied with the SEC to convert its Grayscale Bitcoin Trust GBTC, -5.52%, the largest bitcoin BTCUSD, +4.02% fund in […]

Paid leave, a major part of Democrats’ wide-ranging social-spending bill, may be left on the cutting-room floor as the party’s moderates and progressives try to hammer out an agreement this week. President Joe Biden last week said the proposed program had been cut to four weeks in negotiations, from Democrats’ original idea of giving all […]