Category: United States

Bond yields were down a touch on Monday, after a week in which short-term yields moved higher, while longer-term securities took a breather. What’s happening The yield on the 2-year Treasury BX:TMUBMUSD02Y was 5.07%, down 1.3 basis points. Yields move in the opposite direction to prices. The yield on the 10-year Treasury BX:TMUBMUSD10Y was 4.22%, […]

By Sherry Qin XPeng’s shares rose sharply in Hong Kong after the electric-vehicle maker announced a strategic partnership with ride-hailing giant DiDi Global. XPeng’s Hong Kong-listed shares rose 14% to 74.45 Hong Kong dollars (US$ 9.49), taking its year-to-date gains to 94%. XPeng will acquire Didi’s smart auto development business assets for 5.835 billion Hong […]

China Evergrande shares tumbled sharply Monday after resuming trading on the Hong Kong Exchange after more than a year. Shares fell as much as 87% to 0.220 Hong Kong dollars (3 U.S. cents) after one of the world’s most indebted developers fulfilled listing obligations set by the Hong Kong Exchange, which includes publishing its financial […]

BYD Electronic plans to buy NYSE-listed Jabil Inc.’s mobile-electronics manufacturing business for nearly $ 2.2 billion to expand its smartphone components footprint. The acquisition will mark BYD Electronic’s 285, -0.15% “expansion of the core supply chain for consumer electronics, and thus further increasing its market share and consolidating its leading position in the industry,” the […]

It’s a slow September for Netflix. The biggest new release of the month is the fourth and final season of the excellent British dramedy “Sex Education” (Sept. 21). Asa Butterfield, Ncuti Gatwa, Emma Mackey and Gillian Anderson return as the raunchy yet sweet coming-of-age story shifts the students to a new, ultra-progressive school, where they’ll try […]

Dear MarketWatch: I am a current federal employee/IT manager and just don’t want the stress and headaches of that type of work anymore. If I leave in January 2024 — the year I turn 55 — I will have 26 years of service and would get 26% of my salary starting in five years as […]

The U.S. stock market recovered from a three-week losing streak this week, though release of Nvidia’s earnings and a speech by Federal Reserve Chair Jerome Powell at the Jackson Hole Economic Symposium provided some volatility, but the artificial intelligence boom offset rising bond yields. Next week, the July personal consumption expenditure index, the Fed’s preferred […]

Hello. I’m 52 years old and in generally good health, single, no children. I was an emancipated minor so I didn’t get the best start in life. I subsequently went into IT and got caught up in the dot-com bubble bursting and was laid off three times in three years as one after another company […]

They’re safe, but will they continue to be lucrative? Certificates of deposit are investment vehicles that attract people looking for a safe haven for their cash in an uncertain economic climate. CD rates typically track the federal-funds rate, which is currently 5.25% to 5.50%. Right now, inflation is high, but unemployment is low. And even […]

Remote work is a big priority for millions of workers.  It was once a poster child of the remote-work revolution, but earlier this month Zoom became the latest company to summon its workers back to the office, joining Google, Amazon and many other companies in the ongoing tug-of-war over where employees work. Zoom ZM, +1.12% […]

What’s your favorite tipple? Gallup polling has been asking consumers about their most favored alcoholic drinks for 30 years, and over that time, beer has been more popular than liquor and wine in every poll except for five. Today, some 37% of drinkers say they drink beer most often, while 31% prefer liquor and 29% […]

Ranjan Dey is stocking up on basmati rice. For every bag of rice he usually buys, he’s storing two extra bags. Dey is the chef and owner of New Delhi, an Indian restaurant in downtown San Francisco that’s been around for 35 years. He’s one of the business owners in the area who made it […]

Some people may refer to their company’s headquarters as the Mother Ship. But economist Robert Shiller has a different theory about the relationship between space, time and — well — work. As companies increasingly push workers to return to the office, one prominent economist says that a fundamental shift is underway. “I think there’s going […]

So much for the whole world going digital: It turns out we’re still very much a nation of pencil pushers. Yes, the writing tool that we all remember from childhood is holding its own even in an era when so many of us turn to computers and smartphones to do most of our communication and […]

Netflix NFLX, +2.24% is allowing all DVD.com subscribers to keep their discs after September 29, for free. “We are not charging for any unreturned discs after 9/29,” the company explained in a tweet. “Please enjoy your final shipments for as long as you like!” DVD.com subscribers can also get a shipment of up to 10 […]

“ ‘I don’t think the Fed cuts interest rates until the stock market crashes.’ ” There’s always a bull market somewhere — if you can find it. Keith McCullough encourages investors to join him in the hunt. You’ll need to be agnostic and open-minded, the CEO of investment service Hedgeye Risk Management says. If you’re […]

Dear Quentin, My wife and I, both 33, are lucky enough to have high-paying jobs in New York City.   Collectively, we make $ 270,000 a year.  We own a home in Seattle, worth $ 500,000, that is rented out and covers the mortgage and cash flow. We have zero debt outside of our mortgage. We […]

While generative AI has the potential to enhance the work of a chief executive officer, it can’t yet replace her entirely, says Oded Netzer, a professor at Columbia Business School. Generative AI, a term used to describe products like chatbots and certain image-generating platforms, can be defined as a tool that uses patterns and rules […]

Who knew getting a good night’s sleep each night was this important? Poor sleep quality turns out to be the one of the biggest risk factors for ending up in a nursing home, according to new research conducted among over 125,000 senior citizens in Australia. Those who got a good night’s sleep — defined as […]

A pair of classic American brands had opposite days Friday as shares of one logged their best day ever on reports of a possible sale, while the other’s stock struck a record poor performance after a report of a pending bankruptcy. Earlier Friday, shares of Rite Aid Corp. RAD, -51.04% plummeted after the Wall Street […]