Category: United States

If there was one thing you could usually count on when it came to online scams, it was that misspellings and bad grammar would often be a dead giveaway. Enter AI, and now those tip-offs have disappeared, experts say. “The quality of fraudulent content has gotten so high that it has become very hard for […]

Dear MarketWatch,  My husband is 68 and I’m 74. He makes $ 250,000 a year. We’re renting a townhouse in a very upscale suburb in the Houston area, but our last rent increase was $ 300 a month!  My husband wants to find a house for not more than $ 300,000 because he doesn’t want […]

“Santos’s believable demeanor follows in the lineage of other con artists including Bernie Madoff and Elizabeth Holmes.” Ex-U.S. Rep. George Santos, a Republican from New York, was expelled from Congress for doing what most people think all politicians do all the time: lying. Santos lied about his religion, marital status, business background, grandparents, college, high school, sports-playing, income and campaign donation expenditures. Santos’ fellow members of Congress […]

This article is reprinted by permission from NextAvenue.org. Seven million adults in the U.S. will identify as LGBTQ by 2030. Alienated from family because of their sexual orientation or identity and often childless, older LGBTQ adults must rely on aging partners or spouses for care. A 2022 study found that 60% of older LGBTQ adults fear discrimination or abuse […]

Dear Tax Guy, I’m expecting a $ 15,000 tax bill this year. I installed a residential solar and battery system in the spring of 2023 for $ 60,000. This would entitle me to an $ 18,000 tax credit. I am contemplating purchasing a Tesla Model Y TSLA, +0.49% by the end of the year, which […]

Dear Big Move, I bought a marital home and have been paying the mortgage for the duration of the life of the loan. The home is located in Philadelphia, where we have both resided for eight years. My wife and I are on the verge of a separation and I am concerned she may be […]

Investors aggressively sold off U.S. government debt on Friday after a stronger-than-expected job report for November, sending the policy-sensitive 2-year yield up by the most in five months. What happened The yield on the 2-year Treasury BX:TMUBMUSD02Y jumped 14.7 basis points to a more-than-one-week high of 4.725%, from 4.578% on Thursday. That’s the largest one-day […]

U.S. stocks closed higher Friday, with the Dow Jones Industrial Average scoring its longest weekly winning streak since February 2019, as investors digested the latest job report. How stock indexes traded The Dow Jones Industrial Average DJIA rose 130.49 points, or 0.4%, to close at 36,247.87, its highest closing value since Jan. 12, 2022. The […]

The S&P 500 index may climb to 5,100 by the end of next year in a broadening of the U.S. stock market’s rally, according to equity analysts at Citigroup.  Citi’s price target for the end of 2024 is premised on its estimate that the S&P 500’s earnings per share will increase to $ 245, equity […]

SmileDirectClub Inc. said late Friday it was winding down operations, effective immediately, seeming to cast its millions of customers adrift — except when it comes to their bills. SmileDirectClub SDCCQ, -45.32% said in a statement that its aligner treatment is not available to new customers. For existing customers, the company said, “we apologize for the […]

As the holiday gift-giving season kicks into gear, you may unwrap a present that engenders more dread than pleasure. Hint: After charging it for hours, it still may not work and comes with a steep learning curve. Worst of all, your friends and family plead with you to use it. Where does that leave you […]

Dear Quentin, My wife and I have been married for over 30 years. Throughout the years, we relied mainly on my income. My wife worked occasionally, but mainly raised the children. We started to struggle financially when I was laid off. We went through all of my 401(k) investments. I lost my home through a […]

The strong U.S. labor market finally appears to be simmering down after a long stretch of rapid hiring. Here’s what to watch for in the November jobs report due Friday morning. The forecast The U.S is expected to add solid 190,000 jobs in November following a 150,000 gain in the prior month, according to economists […]

Shares of RH dropped 8% in the extended session Thursday after the home furnishings company formerly known as Restoration Hardware swung to a surprise quarterly loss and said that promotions will pressure its bottom line amid a “frozen” housing market. It also told customers that its hefty catalog will be late, with mailing delayed until […]

Apple Inc. is planning a massive expansion of iPhone manufacturing in India, according to multiple reports Thursday. The Wall Street Journal reported Thursday night that Apple AAPL, +1.01% plans to make more than 50 million iPhones a year with its suppliers in India within the coming years, accounting for about a quarter of the tech […]

Venmo will no longer be a direct payment option on Amazon.com Inc.’s site beginning in mid-January, the companies said. Amazon AMZN, +1.63% rolled out a Venmo payment option last fall, giving users the ability to add their Venmo accounts to their Amazon profiles and use that for transactions. Now that option will be going away […]

Dear Quentin, I read and hear so much about adult siblings who always got along, but suddenly start fighting among themselves when they are about to inherit their parents’ estate. I didn’t see how this could happen to my family — until now. We’re not at that point, but things are getting tense. I am […]

Hello! In this week’s ETF Wrap, you’ll get a look at flow data showing recent “bullish buying behavior” from investors, as well as funds to consider before 2024 hits. Please send feedback and tips to christine.idzelis@marketwatch.com or isabel.wang@marketwatch.com. You can also follow me on X at @cidzelis and find me on LinkedIn. Isabel Wang is at @Isabelxwang. Sign up here for […]

An earlier version of the headline for this article misspelled the name JPMorgan Chase. The story has been corrected. JPMorgan Chase & Co. Chief Executive Jamie Dimon told lawmakers they should crack down on cryptocurrency transactions by terror groups and rogue nations. “If I were the government I’d close it down,” Dimon said Wednesday when […]

Amazon.com Inc. shares have surged 75% this year, but some Wall Street analysts expect the party to carry over into 2024. TD Cowen analyst John Blackledge named Amazon’s stock AMZN, +1.32% his top large-capitalization internet pick for next year, cheering the company’s margin trajectory and its potential to reaccelerate revenue within its Amazon Web Services […]