Category: United States

Will a divided Washington make a deal to provide further aid to Ukraine? The market views that as likely, at least if you go by the advance made by the SPDR S&P Aerospace & Defense ETF XAR. That’s according to 22V Research analysts Kim Wallace and Sandra Namoos, who said in a note Friday that […]

The transition of Uber Technologies into a fully adult company, as it joins the S&P 500 index, is largely due to the leadership of Chief Executive Dara Khosrowshahi. It was just six years ago that Khosrowshahi was named CEO of the ride hailing app company, replacing co-founder Travis Kalanick, the bad boy of tech who […]

Dear Dan, What if a husband is married but names someone other than his still living wife as beneficiary? Who gets the IRA, wife or beneficiary? – Ellie Hi Ellie, Keep in mind, I am not a lawyer and do not give legal advice. I write only of generalities here. I highly recommend you consult […]

Shares of Uber Technologies Inc. and Jabil Inc. rose in the extended session Friday after S&P Dow Jones Indices said the stocks will join the S&P 500 index in a little over two weeks. Shares of ride-hailing company Uber UBER, +1.72% and components maker Jabil, as well as shares of the building-materials manufacturer Builders FirstSource […]

Dear MarketWatch,  I’m 53 years old and my husband is 59, and we have three children. I make $ 160,000 a year at my one job, which I hate, and I bring in between $ 22,000 and $ 27,000 from my secondary job, which I love. My husband is self-employed and makes between $ 150,000 […]

GameStop Corp. announced last week that it will report third-quarter results after market close on Wednesday, sparking a “meme”-like rally in the videogame retailer’s stock this week. Shares of the original meme-stock darling surged this week, enjoying their best two-day gain in eight months before pulling back Thursday. GameStop GME, +5.15% was also a top […]

Now is a good time to sell your long-term Treasurys. That’s not because interest rates might be heading back up and thereby producing losses for these bonds, though of course that’s entirely possible. The reason to instead consider selling your long-term Treasurys is to harvest a tax loss that you can use to offset any […]

U.S. stocks opened mostly lower on Friday after capping off a spectacular November for markets, while the Dow saw modest gains that pushed the blue-chip average to a fresh 22-month high. Now, investors are waiting to hear from Federal Reserve Chairman Jerome Powell, who is set to speak at an event in Atlanta. What’s happening […]

Shares of Fisker Inc. bounced Friday after the electric-vehicle maker said it decided to cut December production to free up more than $ 300 million of liquidity. The company FSR, -11.24% said it now expects 2023 production of just over 10,000 vehicles, compared with guidance provided in mid-November of 13,000 to 17,000 vehicles. “Fisker has […]

Dear Quentin, My husband and I own a house. At escrow, he added his mom to the title, and said that he would remove her in a few years. Now almost 20 years later, her name is still on the title. She never made any payments or lived in the house. She agreed this house […]

The “Golden Bachelor” finally gave away the inaugural golden rose.  (Warning, spoilers ahead.) Gerry Turner, the 72-year-old first “golden bachelor” in the reality-TV dating franchise, picked the person he “can’t live without” during Thursday’s finale. It was down to two contestants: Theresa Nist and Leslie Fhima.  He ultimately proposed to Nist, a 70-year-old financial services […]

Casual-dining restaurant chain Panera Brands has confidentially filed for an initial public offering, the Financial Times reported late Thursday. According to the FT, the parent company of Panera Bread, Caribou Coffee and Einstein Bros. Bagels, which is owned by the investment group JAB, decided in November to go public, and plans an IPO in 2024. […]

Salesforce Inc.’s recent financials confirmed that the cloud software giant is now in a slower growth phase, which could make the company consider returning to its old ways of driving more growth. On Wednesday, Salesforce CRM, +9.36% reported on-target fiscal third-quarter results, with revenue coming in at $ 8.72 billion, and shares shot up 9% […]

Bank of America Corp.’s and Wells Fargo & Co.’s stocks on Thursday led gains among the six largest U.S. banks, as November came to a close with some of the biggest monthly stock gains in the sector for more than a year. The gains are being fueled partly by improved investor sentiment that banks will […]

Investors who were savvy enough to buy Apple Inc. bonds in October are now looking at equity-like returns, as prices have climbed while spreads have tightened as Treasury yields tumbled. Hopes for one or more rate cuts by the Federal Reserve in 2024 have sparked a rally in Treasurys that has seen the Bloomberg US Aggregate […]

The 30-year mortgage rate will fall below 7% by April 2024, Realtor.com says in its housing forecast for next year. The average mortgage rate in 2024 is expected to be 6.8%, and the 30-year may fall to as low as 6.5% by the end of the year, according to Realtor.com’s report. “We’re gonna to start […]

Shares of Ford Motor Co. Thursday, after the automaker provided new full-year guidance for profitability and free cash flow, after withdrawing guidance in October due to the labor strike. Ford said it expects the new U.S. labor agreement with the United Auto Workers to cost $ 8.8 billion over the life of the contract, or […]

Sometimes promotions can work too well. That’s the case at Red Lobster, which is 36% owned by Thai Union Group TU, +2.05% TUFBY, -2.94%, also the owner of Chicken of the Sea canned tuna business. And on a conference call this month, CFO Ludovic Garnier spelled out the damage the promotion called Ultimate Endless Shrimp […]

Bilibili’s Hong Kong-listed shares 9626, -11.63% fell sharply after the Chinese video-sharing platform reported a third-quarter net loss that was steeper than analysts expected. Shares were recently 12.0% lower at 88.90 Hong Kong dollars (US$ 11.39) in Asian morning trade on Thursday after earlier touching HK$ 87.60, their lowest intraday level since November 2022, according […]

Occidental Petroleum Corp. OXY, +0.45% is in negotiations to buy Texas energy producer CrownRock in a deal that could be valued at more than $ 10 billion, the Wall Street Journal reported late Wednesday. If all goes well, the deal could come together soon, according to the Journal. Midland, Texas-based CrownRock is a major developer […]