Category: United States

Mounting problems at plane manufacturer Boeing could see Ryanair forced to cut its schedules and increase prices by another 10%, the budget airline’s CEO Michael O’Leary has reportedly warned. The low-cost carrier’s schedules were drawn up on the basis it would receive 50 of the 57 Max 737-8200s it has ordered, but major issues at […]

Home prices are so high that nearly half of would-be home buyers say they earn too little to afford a house, according to a new survey. The survey, by Bankrate, included responses from nearly 2,300 adults, 864 of whom were aspiring homeowners. It found that 54% of respondents who were interested in buying were held […]

SYDNEY — Aluminum producer Alcoa has agreed to an all-stock deal to acquire Australia’s Alumina that values its equity at some 3.35 billion Australian dollars (US$ 2.20 billion). Pittsburgh-based Alcoa AA, -4.43% is offering 0.02854 of its own stock for each Alumina AWC, +7.11% share, representing a 13% premium to Alumina’s closing share price on […]

Dear Quentin, I have a $ 1.5 million account with one of the major investment managers in the United States. In the fall of 2021, the stock market was weakening and the Federal Reserve was projecting that its benchmark rate would increase significantly from zero in the following months. I contacted my account manager and […]

AT&T Inc.’s chief executive apologized on Sunday for an hours-long nationwide service outage that affected many of its wireless customers last week, and said it will credit the accounts of some of those affected as compensation. In a letter to employees, CEO John Stankey called last Thursday’s outage “a challenging day.” “We let down many […]

The keepers of the Dow Jones Industrial Average have been very good at making sure the changes they make to the venerable stock-market barometer are seamless to investors, but nobody’s perfect. How the 128-year old index DJIA is constructed is a secret closely guarded by S&P Dow Jones Indices. But some things, such as the […]

Over the past two years, clothing and electronics haven’t exactly been a big priority for shoppers, as they try to cover higher-priced groceries and gasoline. In the week ahead, results from retail chains like Macy’s Inc., Urban Outfitters Inc., TJX Cos. and Best Buy Co. will offer an update on whether consumer appetites might get […]

Nvidia’s spectacular growth is hard to quantify sometimes. But this chart, from Sonu Varghese, global macro strategist at the Carson Group, helps put things in perspective. It’s shows how Nvidia’s NVDA, +0.36% earnings — or, to be more precise, analyst expectations of its earnings in 12 months’ time — have soared well beyond its stock […]

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 […]