Category: United States

Dear Quentin, I am 62 and one of three children. My parents divorced when I was seven. The last home that we all resided in as a family had remained in my father’s possession since the divorce. It was used by my cousin while attending law school and served as the first home my wife […]

Hertz Global Holdings Inc.’s chief executive is leaving after just over two years, to be replaced by a Delta Airlines Inc. and General Motors Co. veteran. Stephen Scherr, a retired Goldman Sachs Group Inc. banker, is stepping down as Hertz’s HTZ, +1.20% CEO at the end of the month. He’ll be succeeded by Gil West, […]

Got a question about taxes or investing? You can write me at beth.pinsker@marketwatch.com.   Dear MarketWatch,  I’d appreciate some help understanding which of my mother’s assets are protected and which are not. My father passed away a few years ago and, while we understood some of what had been going on, we have more information now […]

Grayscale Investments is planning a second exchange-traded fund tracking spot bitcoin prices, just two months after the firm’s flagship Grayscale Bitcoin Trust converted to an ETF, according to a regulatory filing.  The Grayscale Bitcoin Mini Trust will trade under the ticker “BTC,” according to a filing Tuesday with the Securities and Exchange Commission. The firm […]

Oracle Corp. has reached an important milestone in its decade-long shift to becoming a cloud-computing company — revenue from the cloud surpassed its traditional software licensing revenue for the first time. Oracle Chief Executive Safra Catz touted that fact on the company’s conference call with analysts Monday while discussing its better-than-expected fiscal third-quarter earnings. Oracle […]

Oil futures saw mixed trading Monday, with U.S. prices modestly extending a loss from last week but global benchmark prices ending with a slight gain, as traders weighed demand and the willingness of OPEC+ members to stick to production cuts. Price moves West Texas Intermediate crude CL00, +0.15% for April delivery CL.1, +0.15% CLJ24, +0.15% […]

Can a faux frankfurter cut the mustard? Oscar Mayer is making a big bet that plant-based hot dogs have a bright future, even as some experts sound notes of caution. Ahead of the summer grilling season, the venerable brand, part of the Kraft Heinz Co. KHC, +0.99% portfolio, has launched a line of vegan-friendly hot […]

OPEC+, made up of the Organization of the Petroleum Exporting Countries and its allies, including Russia, will extend voluntary production cuts into the second quarter, Saudi Arabia’s official press agency said Sunday. The move was widely anticipated and signals that the producers are in no rush to restore lost volume to the market amid uncertainty […]

Arkhouse Management and Brigade Capital are raising their offer to buy Macy’s by almost $ 1 billion, in hopes of taking the department-store chain private. In a statement Sunday, the investor group said it was increasing its bid to acquire Macy’s M, +3.27% to $ 24 a share, or about $ 6.6 billion, up from […]

Big names, big budgets and big events are on tap for March’s streaming calendar. However you look at it — from Kate Winslet’s steely glare to Jake Gyllenhaal’s ripped abs; from Netflix’s $ 160 million series “3 Body Problem” to Apple’s $ 200 million movie “Napoleon”; or from “Taylor Swift: The Eras Tour” to March […]

A four-month-long U.S. stock market rally, partly fueled by investors’ expectations for interest rate cuts in 2024 by the Federal Reserve, faces a test posed by pair of big events in the week ahead. The first is Federal Reserve Chairman Jerome Powell’s semiannual testimony to Congress on Wednesday and Thursday, followed by Friday’s official jobs […]

When public companies tell the world how much money they made over a quarter, they have to follow accounting guidelines intended to keep those financial figures honest and consistent. However, for better or worse, alongside the profit figures that comply with those standards, many companies also report more forgiving, “adjusted” versions of those figures. Those […]

Low-income older adults, including those raising grandchildren, just got a boost for housing assistance, but analysts say funding more is needed. The U.S. Department of Housing and Urban Development (HUD) recently announced $ 115 million in grant funding to support the development and improvement of affordable rental housing for low-income seniors. Of that funding, $ […]

“An increased expectation that work should have positive impact and meaning.” The majority of Generation Z have little to no memory of what office culture was like before the COVID-19 pandemic. They’ve not had much opportunity to socialize or acclimatize, given dramatically shifting norms and an increase in remote work. Social activism, political polarization and […]

“There simply are too few U.S. workers with the skills necessary for semiconductor manufacturing.” The concentration of advanced semiconductor manufacturing in Taiwan has raised fears in the United States about the vulnerability of this supply chain should China blockade or invade the island. The U.S. CHIPS and Science Act seeks to address that vulnerability with $ […]

Dear Quentin, I want to help a friend who is going through some challenges with her husband. My friend and her husband are both from India and work in the Pacific Northwest. They have twin daughters who are 2 years old. My friend’s husband appears to be a friendly and agreeable person, and has an […]

Dear Quentin, My father died in 2021 with no will. He shared a home with his second wife. The house is financed under both their names with a small amount of equity ($ 40,000). She moved out of state shortly after he died. I moved into the house and have been paying the note since.  […]

Got a question about taxes or investing? You can write me at beth.pinsker@marketwatch.com.   Dear MarketWatch,  I have many mature EE savings bonds that I inherited from my mother as her pay-on-death beneficiary.  I have been redeeming a few every year to avoid paying a large amount of taxes at one time. What should I do […]

“ This will not end well, but not yet. It’s still early in the bubble.” Technical deteriorations in the U.S. stock market were apparent last week, but Nvidia Corp.’s NVDA, +4.00% blowout earnings report saved the day. The tech giant’s results beat Wall Street’s expectations on all metrics, and the company also guided upwards. There […]

Leave Oprah alone. Yes, Oprah Winfrey is in the news again — in this case, for her decision to sell her stake in WW International WW, +8.33% (formerly known as WeightWatchers) and leave the company’s board. The decision came after Winfrey announced, to considerable backlash, that she was taking a weight-loss drug to help her […]