Category: United States

“Buffett was once asked to name his greatest investment accomplishment. “Recruiting Charlie,” he said.” Charlie Munger, who died Tuesday at the age of 99, and Warren Buffett are a shining example of the adage that two heads are better than one. Where would Buffett be without Munger, and vice-versa? Successful, yes, but not to the […]

President Joe Biden on Wednesday visited Colorado to talk up how last year’s Inflation Reduction Act has helped the U.S. wind-power industry and the overall economy, but analysts are assessing whether his big climate and healthcare package’s days are numbered.  “Our theory of the case is that if Republicans win a trifecta in next year’s […]

Cigna Group shares CI, -7.77% fell more than 7% and Humana Inc.’s HUM, -4.56% stock fell 3% Wednesday after the Wall Street Journal reported that the managed-care providers are in talks to combine in a stock-and-cash deal that could be finalized before the year’s end. The Journal report cited people familiar with the matter. “Humana […]

Oil futures traded higher on Wednesday a day ahead of an expected decision by the OPEC+ producers on oil output quotas. Negotiations between the group of major oil producers have continued, with some news reports pointing out the possibility of another delay to a meeting that had already been postponed. U.S. government data, meanwhile, revealed… […]

Traders are piling into long-shot GameStop Inc. call options that would pay off if the stock price nearly doubles before, or shortly after, the company’s Dec. 6 earnings report, FactSet data show. Among standardized call options expiring on Dec. 8, two days after the company’s upcoming earnings report, investors have piled into options with strike […]

As one of the most biologically diverse spots in the world, is it any wonder people are drawn to the Southeast? From coastal islands and coral reefs to the Appalachian Mountains, this part of the country is rich in landscape, food, culture and history. Upbeat cities like Nashville and Austin attract a variety of newcomers […]

Bank of Japan policy board member Seiji Adachi said that risks to Japan’s inflation were skewed to the upside but it was still too early to discuss monetary tightening. “It is appropriate to patiently continue monetary easing at this point,” Adachi said in a speech on Wednesday. He said Japan has yet to achieve a […]

Meta Platforms Inc. will block new political ads one week before the 2024 U.S. presidential election, and will require advertisers globally to disclose when they use AI to create or alter images in political ads. In a blog post Tuesday, Nick Clegg, president of Meta’s META global affairs, detailed how the social-media giant, which owns […]

By P.R. Venkat Meituan, a China-based shopping-and-delivery platform, plans to buy back its shares valued up to $ 1.0 billion, a day after announcing solid third-quarter results. The company said shares will be repurchased from the open market starting Dec. 1. The… Master your money. Subscribe to MarketWatch. Get this article and all of MarketWatch. […]

Shares of Jabil Inc. dropped more than 12% in the after-hours session Tuesday after the maker of electronics components and other materials lowered its quarterly and fiscal 2024 revenue outlook, saying demand for its products and services has softened. Jabil JBL said it expects fiscal 2024 revenue of about $ 31 billion, down 7% from […]

The long-awaited Tesla Inc. Cybertruck is scheduled to go on sale on Thursday after years of delays and as Chief Executive Elon Musk warned there would be “challenges” to reaching volume production of the electric pickup truck. Tesla TSLA is holding an event Thursday at 3 p.m. Eastern at its factory in Austin, Texas, to […]

Each earnings season, as companies announce their results and provide guidance on what to expect, analysts update their estimates for revenue and earnings. Typically about 70% of reporting companies will beat estimates for sales or earnings per share when they report quarterly results, but this alone doesn’t mean very much. Companies and analysts who work […]

That’s Anne Hidalgo, the mayor of Paris, in a lengthy farewell to the social-media service X owned by Elon Musk, the world’s richest man. She characterized the medium, called Twitter for its first 16½ years and renamed by Musk after his $ 44 billion takeover last October, a “gigantic global sewer.” Her full post, in […]

Quick tips for better fuel economy and gas savings The average price for a gallon of unleaded gas is $ 3.31, about 50 cents less than it cost about three months ago, according to AAA estimates, ($ 3.26 on Nov. 24.) While daily gas price changes are common, one thing remains certain even when the price […]

After Black Friday’s record-breaker for online sales, there’s hope that the holiday haul for nonprofits will also be generous on Giving Tuesday, and throughout the year-end charitable giving season. That would be a welcome development for charities that have been burned by inflation and experienced an overall drop in donations last year, experts say. It… […]

Since the publication of  in October 2022, the themes I emphasized have gone mainstream. Everyone now acknowledges that economic, monetary and financial threats are rising and interacting in dangerous ways with various other social, political, geopolitical, environmental, health and technological developments. Hence, in December 2022, the Financial Times chose “polycrisis” as one of its buzzwords of the year. Whatever […]

After more than a decade on TV’s “Shark Tank,” billionaire entrepreneur Mark Cuban says the next season of the investment reality show will be his last. “It’s time,” Cuban said on a recent episode of the Showtime podcast “All the Smoke” with Matt Barnes and Stephen Jackson. Cuban, who owns the NBA’s Dallas Mavericks, said […]

Zscaler Inc. topped expectations with its results for the latest quarter and its outlook for the ongoing one, but shares of the cybersecurity company were moving lower in Monday’s extended session as Zscaler declined to up its full-year billings forecast. Calculated billings for the fiscal first quarter came in at $ 457 million, up from […]

Another disappointing Thanksgiving weekend box-office performance isn’t what Walt Disney Co. wished for, and AMC Entertainment Holdings Inc. is feeling the brunt of it. AMC shares AMC dipped 2% in trading Monday — extending a desultory year in which the company’s stock has plummeted 81% — in what is shaping up as its worst performance […]

Dear Big Move, I’ve been working with a real-estate agent for about six months.  During that time we’ve seen about 20 homes, and put in two offers that didn’t work out for various reasons.  We’ve… Master your money. Subscribe to MarketWatch. Get this article and all of MarketWatch. Access from any device. Anywhere. Anytime. Subscribe […]