Category: United States

Dear MarketWatch,  I have $ 1.5 million in my 401(k) and $ 1.1 million in my IRA. I will be 73 in 2024 and must start RMDs. A financial planner suggested that I purchase $ 1.5 million in annuities and invest the other $ 1 million in stocks and bonds. Should I take my adviser’s […]

Nvidia Corp.’s NVDA, +0.36% meteoric rise makes it not only the third-largest company in the U.S. in terms of market capitalization, but also bigger than most other countries’ economies, based on gross domestic product. The chip maker’s stock closed at $ 788.17 on Friday, giving it a market value of $ 1.97 trillion. That figure […]

I don’t want to get dementia. I really, really, really don’t want to get dementia. Almost any other way of dying would be OK with me. Just, please, not that. Which is why, now that I’m well into middle age, I walk a lot. I get more exercise, including high-intensity interval training. I try to […]

Donald Trump was projected as the winner in South Carolina’s Republican presidential primary on Saturday over rival Nikki Haley, keeping him on track to become his party’s 2024 nominee. The Associated Press called the race in the former president’s favor as polls closed statewide at 7 p.m. Eastern Time. With an estimated 33% of ballots […]

Dear MarketWatch,  I’ve heard over and over that I will need 80% of my current salary in retirement. If I’ve been putting away 20%, will I need 80% of what I bring home or 80% of my gross salary?  I’m also curious if I will be able to retire at age 60. I’m 58 and […]

Dear MarketWatch, I’m retiring in six months and live outside of Los Angeles. It’s really pricey here.   I’m 68 and my wife is 61. We will have about $ 800,000 in total savings and IRAs, and an income of $ 7,000 monthly including my Social Security. We currently rent. We want to avoid high-humidity summers, […]

Berkshire Hathaway Chairman Warren Buffett began his annual missive to investors on Saturday with a touching tribute to his longtime business partner, Charlie Munger, whom he credited as the conglomerate’s “architect.” Buffett also lamented the difficulty of picking new investments for a company of Berkshire’s size and said he has no intention of buying the […]

Investors, consumers and homeowners — and just about everyone in China — are making adjustments to what appears to be a “new normal” of slow growth for an economy that had been white-hot for decades. Chengdu homeowner Zhong Weiyi, 58, worries whether his shrinking home value and pension will support the golden years he once […]

“More competition pressures Nvidia’s pricing, margins and market share.” Nvidia Corp.’s NVDA, +0.36% earnings results felt like a national holiday of sorts. Countdowns and endless commentary surrounded the biggest moment in the stock market so far this year for what Goldman Sachs is now referring to as the most important stock in the world. On […]

Dear Quentin, I have been diagnosed with brain damage and dementia. Word to the younger folks: I woke up last year and suddenly could not spell or write legibly. No warning. No symptoms. I am getting worse, so I want to protect my wife of 24 years, and our finances. She will get half my […]

Intuitive Machines’ stock fell more than 30% after hours Friday after the space-exploration company said that its Odysseus lunar lander had fallen on its side while landing near the moon’s south pole, hampering its communications with Earth. Intuitive Machines LUNR, +15.82% Chief Executive Steve Altemus said Friday that Odysseus “caught a foot in the surface […]

Dear Quentin, My husband and I married 10 years ago. It was a second marriage for both of us. I recently found out that after five years of marriage, he put all of our assets into trusts controlled by him alone. At that time, at his request, I also gave up a job that I […]

A coalition of crypto entrepreneurs filed a lawsuit in Texas this week that could force the Supreme Court to take up the all-important question of whether the Securities and Exchange Commission has the authority to regulate most digital assets. The outcome of the fight could determine the future for companies like crypto exchanges Coinbase Global […]

The tech-heavy Nasdaq 100 index on Thursday scored a daily advance of over 3% to close at its all-time high for the first time since March 2000, a scene in some ways reminiscent of the dot-com era over two decades ago which led up to the bursting of the bubble preluded the recession, according to […]

Intuitive Machines Inc. made history Thursday when the Houston-based space-exploration company’s Odysseus spacecraft became the first commercial lander to successfully reach the moon. The uncrewed Odysseus lander is also the first American spacecraft to reach the lunar surface since Apollo 17’s Challenger lunar module in December 1972. Intuitive Machines shares LUNR, +32.80% soared more than […]

Former U.S. Treasury Secretary, Larry Summers, has said markets may be underestimating the risks posed by an upsurge in political turmoil that threatens to undermine the basic order and stability that has underpinned America’s economic growth in recent decades.  The American economist said the risks of political strife are “really, very substantially greater” now than […]

Jensen Huang saw his net wealth increase by $ 9.6 billion on Thursday following a major surge in Nvidia’s share price that has lifted the wealth of the world’s richest billionaires, according to Bloomberg’s Billionaire Index.   The Nvidia CEO saw his overall wealth increase to $ 69.2 billion after shares in the California chip maker […]

AT&T Inc. said Thursday its cellular network has been restored, after widespread “wireless service interruptions” affected some of its customers earlier in the day, following user reports of outages. Tens of thousands of AT&T T, -2.41% users had flagged service disruptions on Downdetector shortly after 11 a.m. Eastern time. AT&T said it took “immediate action” […]

Social-media platform Reddit — the home of AMAs, Wall Street Bets and thousands of other online communities — publicly filed its registration statement for an IPO on Thursday, detailing plans to push further into advertising, data sales and analytics, and what it called its budding user-driven economy. The company, founded in 2005, plans to trade […]

Federal Reserve Gov. Chris Waller said there’s “no rush” to reduce U.S. interest rates in light of stronger-than-expected readings on inflation and economic growth early in the new year. “The data that we have received since my last speech [on Jan. 16] has reinforced my view that we need to verify that the progress on […]