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MarketWatch
May 17, 2024

The stylish, coupe-like 2025 BMW X6 SUV—a niche model worth serious consideration
The 2025 BMW X6 puts a coupe-styled roof on a midsize luxury SUV's foundations, then adds extra poise and equipment.

MarketWatch
May 17, 2024

ECB's Schnabel lobbies against back-to-back rate cuts
European Central Bank board member Isabel Schnabel pushed back on the idea of back-to-back interest rate cuts, saying inflation risks are still tilted to the upside.

MarketWatch
May 17, 2024

Citron Research's Andrew Left says he is shorting GameStop again after his 2021 short flopped
The short seller said he has started betting against GameStop this week after its share price surged on excitement over social media posts by Roaring Kitty

MarketWatch
May 17, 2024

Shift in market environment makes ‘accident' more likely, says Nomura pro
Markets are returning to the traditional relationship between stocks and volatility that leaves markets more prone to an accident, according to one market observer.

MarketWatch
May 17, 2024

China eases mortgage rules in latest push to aid property sector
China's financial regulators said Friday that they would remove the mortgage rate floors for first and second homes, and lower minimum downpayment ratios for first-time homebuyers.

MarketWatch
May 16, 2024

Walmart's stock surges to record after a grand-slam earnings report
Walmart's stock rallied into record territory Thursday, after the discount retail giant hit a grand slam with its fiscal first-quarter earnings report, boosted by a big jump in e-commerce sales.

MarketWatch
May 16, 2024

‘Grand Theft Auto VI' won't come until fall 2025, and Take-Two shares slip
Shares of videogame maker Take-Two-Interactive Software Inc. fell 2% in after-hours trading Thursday after the company said its highly anticipated "Grate Theft Auto VI" game won't be released until fall 2025, and lowered its bookings forecast for the current fiscal year.

MarketWatch
May 16, 2024

Amgen gets FDA approval for small-cell lung-cancer treatment
Amgen on Thursday received approval from U.S. regulators for its drug to treat a form of late-stage lung-cancer.

MarketWatch
May 16, 2024

New York Community Bank COO Julie-Ann Signorille-Browne is stepping down
Browne's departure follows a slate of recent executive exits at NYCB.

MarketWatch
May 16, 2024

Reddit shares climb on ChatGPT deal with OpenAI
Shares of Reddit Inc. rose 10% in extended trading Thursday after the social-media platform announced a partnership with OpenAI.

MarketWatch
May 16, 2024

Forget McDonald's $5 value meal. If you really want to save money, bring your own wine to a diner.
Follow these tips to save some dollars the next time you visit your favorite restaurant.

MarketWatch
May 16, 2024

Chubb raises dividend 5.8% after Berkshire-related stock boost
Chubb on Thursday raised its dividend 5.8%, which the company said marked its 31st consecutive hike.

MarketWatch
May 16, 2024

These tips for investing in mutual funds and ETFs shine a light on your money
Leadership changes at Vanguard, a big investor favors a gold ETF, and selling stocks to buy index funds.

MarketWatch
May 16, 2024

Just one company sells Chinese-made EVs in the U.S. Here's how it's navigating Biden's new tariffs.
Analysts emphasize that Sweden-based Polestar had been moving away from having its electric vehicles made in China before this month's news about U.S. tariffs.

MarketWatch
May 16, 2024

Cracker Barrel is the latest restaurant chain to signal trouble ahead as it sees fewer diners
Restaurant chain slashes dividend as it reports fewer diners, says it had to close stores this quarter

MarketWatch
May 16, 2024

How Vanguard stacks up against BlackRock in ETFs as new CEO Salim Ramji steps in
Vanguard is moving closer to BlackRock's top ranking in U.S. exchange-traded-fund assets.

MarketWatch
May 16, 2024

Dow Jones trades above 40,000 for first time, but fails to achieve milestone
The Dow Jones Industrial Average trades above 40,000 for first time ever on Thursday, but fails to finish above the milestone.

MarketWatch
May 16, 2024

Stock market looks strong enough to stay in this higher orbit
Momentum has taken over the moment.

MarketWatch
May 16, 2024

Applied Materials' stock dips despite upbeat earnings
The chip-equipment company's revenue outlook exceeded expectations at the midpoint.

MarketWatch
May 16, 2024

These behavioral trends drove the GameStop and AMC meme-stock rally
The meme-stock rally that lifted shares of GameStop Corp. and AMC Entertainment Holdings Inc. this week tapped into a range of human behaviors, according to behavioral finance expert Victor Ricciardi.

MarketWatch
May 16, 2024

‘I'm weary of repeating myself': How do I deal with rich friends who take $22,000 cruises and book $800 hotel rooms? Prices are crazy enough already.
"When one friend made a fuss over wanting to fly business class, I threatened to cancel completely."

MarketWatch
May 16, 2024

‘I stopped counting birthdays decades ago.' This 65-year-old is financially independent and has no urge to retire.
Financial freedom allows him to focus on the pleasures of his job and hobbies.

MarketWatch
May 16, 2024

Why the post-Fed stock-market rally is raising fresh inflation questions
The issue is whether Fed Chair Jerome Powell's post-meeting remarks on May 1 — in which he said the central bank's next move is "unlikely" to be a rate hike — are now easing financial conditions by so much that this ends up stalling progress on inflation.

MarketWatch
May 16, 2024

Let Buffett's Pilot truck stops set up EV chargers, not the government, GOP Sen. Tillis says
Washington's three-year-old bipartisan infrastructure law has drawn flak for not delivering a lot of chargers for electric vehicles, but Republican Sen. Thom Tillis of North Carolina said Thursday that he views that as a good feature of the law, not a shortcoming.

MarketWatch
May 16, 2024

Cannabis stocks rise as U.S. moves to reclassify pot as less dangerous
Cannabis companies including Cresco Labs, Trulieve and Ayr Wellness post solid gains

MarketWatch
May 16, 2024

Biogen and Ionis Pharma shares slide as they end development of ALS treatment
The move comes after early-stage trial failed to result in a clear signal it slowed the disease process.

MarketWatch
May 16, 2024

Uber launches service that can help with eldercare
Transportation to medical appointments or medical errands can be arranged by app and paid for with health insurance

MarketWatch
May 16, 2024

Individual investors made 30% of GameStop trades on Monday
As the stock prices of GameStop and AMC skyrocket, so does the number of people trading those shares.

MarketWatch
May 16, 2024

McDonald's is bringing back its $5 value meal. Here are 10 other ways to save when dining out.
Follow these tips and you'll reap the financial rewards.

MarketWatch
May 16, 2024

Canada Goose's stock soars as earnings beat offsets soft guidance
Canada Goose says it will focus on expanding its core product line beyond the parka, and change its approach to marketing by investing in direct-to-consumer operations.

MarketWatch
May 16, 2024

AMD supplants Nvidia as this analyst's top chip stock — but he still likes both
AMD's stock advances as Wolfe Research writes positively of the company's AI traction.

MarketWatch
May 16, 2024

Fed's Mester says her businesses contacts are sensing the economy is stronger than anticipated
Business contacts in the Midwest are starting to become much more upbeat about where the economy is going, Cleveland Federal Reserve Bank President Loretta Mester said on Thursday.

MarketWatch
May 16, 2024

Mortgage rates fall to the lowest level in a month, but ‘home buyers are still feeling the pressure' from high home prices
The 30-year mortgage rate is averaging at 7.02% Freddie Mac said in its latest weekly survey on Thursday.

MarketWatch
May 16, 2024

Under Armour's stock buoyed by hopes for restructuring as founder Kevin Plank returns, pledges renewed focus on men
Under Armour Inc.'s stock rose Thursday after the athletic-apparel maker approved a restructuring plan and beat analyst estimates for fourth-quarter adjusted earnings.

MarketWatch
May 16, 2024

Fed's Barkin says consumers are driving inflation. Here's what they're willing to pay more for.
The service sector "has changed their view" and believes consumers will accept higher prices and are going to raise them until households balk.

MarketWatch
May 16, 2024

My real-estate agent says my house ‘smells like dog.' Is this a ploy to lower the price?
"I have a very good nose, and it smells like the inside of an air freshener."

MarketWatch
May 16, 2024

‘They are upset that they received nothing': My mother excluded her late husband's grandchildren from her will.
"‘Instead of my mother's step-grandchildren receiving half of the estate, everything in the estate fell to me."

MarketWatch
May 16, 2024

Jamie Dimon sees ‘happy talk' driving markets as he maintains cautious view
JPMorgan Chase chief executive is sticking to his outlook that a soft landing for the economy is less likely than markets expect.

MarketWatch
May 16, 2024

Gen Z knows it has a debt problem — and it's getting help
"Instead of suffering in silence or going purely self-help," younger people in debt "are looking into their options and talking to people," one expert said.

MarketWatch
May 16, 2024

Fed's Barkin: Service companies are still trying to raise prices
The service sector "has changed their view" and believes consumers will accept higher prices and are going to raise them until households balk.

MarketWatch
May 16, 2024

Dow Jones tops 40,000 for first time, on track to deliver ‘psychological boost' to bulls
The Dow Jones Industrial Average traded above 40,000 for first time ever on Thursday.

MarketWatch
May 16, 2024

Oil prices rise, find support from post-CPI relief rally and fall in U.S. supplies
Oil futures climb Thursday, extending a relief rally sparked by data showing a slowdown in key U.S. inflation data, which raised the prospects for interest-rate cuts this year.

MarketWatch
May 16, 2024

Under Armour's stock shrugs off profit warning as it sets restructuring plan
Under Armour Inc.'s stock rose Thursday after the athletic-apparel maker approved a restructuring plan and beat analyst estimates for fourth-quarter adjusted earnings.

MarketWatch
May 16, 2024

Record U.S. stock market is not yet overbought, but it's getting close
According to a closely-watched momentum gauge the rally is not looking over-extended yet. But it may be getting close.

MarketWatch
May 16, 2024

Import prices post biggest increase in two years, adding to U.S. inflation pressures
The cost of imported goods rose in April for the fourth month in a row and increased at the fastest pace in two years, reflecting the persistence of elevated U.S. inflation.

MarketWatch
May 16, 2024

Walmart's stock jumps toward a record after a grand-slam earnings report
Walmart's stock rallied into record territory Thursday, after the discount retail giant hit a grand slam with its fiscal first-quarter earnings report, boosted by a big jump in e-commerce sales.

MarketWatch
May 16, 2024

Housing starts rebound in April as U.S. continues to grapple with inventory shortage
Construction on new U.S. homes rose 5.7% in April, the Commerce Department said Thursday.

MarketWatch
May 16, 2024

Philly Fed factory gauge cools in May but stays in expansion territory
The Philadelphia Fed said Thursday its gauge of regional business activity fell to 4.5 in May from 15.5 in the prior month.

MarketWatch
May 16, 2024

Bridgewater CEO warns of complacency as geopolitics shifts
Nir Bar Dea, chief executive officer at Bridgewater Associates, says his firm gets lots of market calls wrong, and investors need to acknowledge that they will be wrong a lot, too.

MarketWatch
May 16, 2024

Import prices post biggest increase in two years and add to U.S. inflation pressures
The cost of imported goods rose in April for the fourth month in a row and increased at the fastest pace in two years, reflecting the persistence of elevated U.S. inflation.

MarketWatch
May 16, 2024

Roche ramps up obesity-drug competition with early-stage trial results
The race to develop powerful new weight-loss drugs grew even more heated on Thursday as Roche Holding released early-stage trial results for an experimental obesity treatment.

MarketWatch
May 16, 2024

Under Armour's stock slides on profit warning in ‘challenging' environment
Athletic-apparel company Under Armour said it would fall short of analyst estimates for its fiscal 2025 profit amid a "challenging" retail environment.

MarketWatch
May 16, 2024

Jobless claims subside from 8-month high and signal layoffs are still low
The number of Americans who applied for unemployment benefits last week fell by 10,000 to 222,000 and indicated the U.S. is still experiencing a low level of layoffs.

MarketWatch
May 16, 2024

Nio's stock gains as J.P. Morgan analyst gives two reasons to stop selling
China-based electric vehicle maker Nio's stock resumed its rally on Thursday, after J.P. Morgan's Nick Lai recommended investors stop selling, three months after he had turned bearish.

MarketWatch
May 16, 2024

Deere's stock slides after agriculture equipment maker again lowers guidance
Deere & Co. Inc.'s stock tumbled 5.5% early Thursday, after the maker of agricultural and construction machinery posted better-than-expected earnings for its fiscal second quarter but offered guidance that fell short of estimates.

MarketWatch
May 16, 2024

Leon Cooperman snaps up stakes in Singapore's SEA Ltd and Texan outsourcer KBR
The legendary investor sold off his treasuries as he also upped his stakes in alarm system maker ADT Inc, hotel owner Las Vegas Sands Corp, and British football team Manchester United

MarketWatch
May 16, 2024

Here's what Druckenmiller did as he sold Nvidia — it's a risky bet on an unloved asset
Stanley Druckenmiler's Duquesne Family Office, Druckenmiller made a bullish bet on small caps in the first quarter. And those stocks have been most unloved.

MarketWatch
May 16, 2024

April CPI data was ‘positive' after recent disappointments, New York Fed president says
New York Fed President John Williams said April's inflation data was a "positive" development after a string of disappointments, as he said the overall price trend "looks reasonably good."

MarketWatch
May 16, 2024

Oil prices pull back as post-CPI relief rally runs out of steam
Oil futures pull back as a bounce inspired in part by a slower U.S. inflation reading loses steam.

MarketWatch
May 16, 2024

‘Our children don't have the discipline to manage their own money': My wife and I have $4.5 million saved for retirement. How long will this last?
"It's time we think of leaving a legacy for our two adult children."

MarketWatch
May 16, 2024

Gen Z knows it has a debt problem and it's getting help — from TikTok and credit counselors
"Instead of suffering in silence or going purely self-help," younger people in debt "are looking into their options and talking to people," one expert said.

MarketWatch
May 16, 2024

IRS should keep its free online tax prep and go bigger, say Sen. Elizabeth Warren and over 100 Democrats
The IRS's test run at tax preparation this year was an "incredible success," and now the agency needs to make it a permanent, these lawmakers say.

MarketWatch
May 16, 2024

Baidu reports stronger-than-forecast earnings
Chinese internet search provider Baidu on Thursday reported earnings ahead of estimates, helped by demand for its AI cloud business.

MarketWatch
May 16, 2024

Duran Duran bassist John Taylor lists his L.A. estate to the tune of $13 million
The four-bedroom, 4.5-bath home is a work of art, with its picturesque gardens, wood-beamed ceilings, and custom details.

MarketWatch
May 16, 2024

Ray Dalio believes there's a 35-40% chance of a civil war in the U.S.
Bridgewater Associates' founder Ray Dalio believes the U.S. is "on the brink" of a civil war and sees a 35-40% possibility of an internal conflict breaking out.

MarketWatch
May 16, 2024

The U.S. released inflation data early — and no one in the market noticed
Data on U.S. consumer prices, most eagerly awaited report of the month, was released early, and there's no indication that anyone in the market spotted it.

MarketWatch
May 16, 2024

Benchmark Treasury yields hold six-week low after cooler U.S. inflation data
Bond yields were little changed Thursday, following a softer-than-expected CPI report that boosted the chances of interest rate cuts this year.

MarketWatch
May 15, 2024

Truck driver hospitalized in incident at TSMC's chip plant under construction in Arizona
Taiwan Semiconductor Manufacturing said a truck driver was brought to a hospital after an incident at its semiconductor factory under construction in Phoenix, Ariz.

MarketWatch
May 15, 2024

KFC parent Yum Brands approves $2 billion in share buybacks
KFC and Pizza Hut parent company Yum Brands said its board had approved a new $2 billion share buyback program over the next two years.

MarketWatch
May 15, 2024

Soros Fund Management dumps New York Community Bank stake
Soros Fund Management eliminated its stake in New York Community Bank, a regulatory filing shows.

MarketWatch
May 15, 2024

Bill Ackman's Pershing Square dumps stake in Lowe's, keeps Google
Home-improvement retailers are in the spotlight as mortgage rates stay high

MarketWatch
May 15, 2024

Netflix hits 40 million active users for ad tier, putting it closer to the big leagues for advertisers
Netflix Inc. on Wednesday reported a big jump in demand for its streaming-with-ads plan, and it said it would broadcast more NFL Christmas Day games in the years ahead, as it tries to pull ahead of an industry navigating issues with cable cord-cutting and online consumption.

MarketWatch
May 15, 2024

Here are some of the tech stocks Daniel Loeb's Third Point hedge fund has snapped up
Daniel Loeb's Third Point hedge fund has gone deeper into stocks of major tech companies, a filing with the Securities and Exchange Commission showed late Wednesday.

MarketWatch
May 15, 2024

Cisco's stock rises as demand stabilizes and revenue outlook impresses
"Customers are consuming the equipment shipped over the last few quarters in line with our expectations," Cisco's CFO said.

MarketWatch
May 15, 2024

Warren Buffett's Berkshire Hathaway reveals Chubb as ‘mystery stock' purchase
Berkshire Hathaway revealed in a filing that it had accumulated nearly 26 million shares of insurer Chubb Ltd. as of the end of the first quarter.

MarketWatch
May 15, 2024

Bond-market rally may not be over after inflation report brings ‘massive relief'
The U.S bond market broadly rose on Wednesday, paring its losses this year after fresh inflation added fuel to investor hopes that the Federal Reserve may cut interest rates in 2024.

MarketWatch
May 15, 2024

IBM and Palo Alto Networks are joining forces on AI, as cybersecurity threats get tougher
Under the deal, Palo Alto Networks will become IBM's "preferred cybersecurity partner."

MarketWatch
May 15, 2024

Meme stocks like GameStop and AMC are hot again — what it means for meme coins
A weekly look at the most important moves and news in crypto, and what's on the horizon in digital assets.

MarketWatch
May 15, 2024

Michael Burry's Scion dumps Alphabet and Amazon, buys shares of gold ETF
Michael Burry's Scion Asset Management dumped positions in Alphabet Inc. and Amazon.com Inc. during the first quarter while buying shares of an exchange-traded fund that invests in physical gold.

MarketWatch
May 15, 2024

How Visa wants to turn your debit card into your credit card
Emerging Visa technology envisions a world where a single credential unlocks the ability to purchase through debit, credit and more.

MarketWatch
May 15, 2024

Revenue and rankings: Inside the multibillion-dollar industry shaping college admissions
Critics say enrollment management has pushed colleges to prioritize money and U.S. News at the expense of students.

MarketWatch
May 15, 2024

Appaloosa takes new stake in Boeing, sours on GM
David Tepper's Appaloosa hedge fund took new stakes in Boeing Co. and Lyft Inc., to name a few of its fresh bets, and sold off the General Motors Co. stake it had snapped up only a few months ago, according to a filing with the Securities and Exchange Commission late Wednesday.

MarketWatch
May 15, 2024

GM's Cruise to pay at least $8 million to woman hit by robotaxi: reports
Cruise, the self-driving-vehicle unit of General Motors Co., has reportedly reached a settlement for between $8 million and $12 million with a pedestrian who was struck and severely injured by one of its robotaxis last year.

MarketWatch
May 15, 2024

‘They left nothing except junk': My brother and his wife emptied our father's house. It stands empty years after his passing. What can be done?
"The house's tax payments remain two years behind, amounting to several thousand dollars."

MarketWatch
May 15, 2024

‘Is this creepy?' I want to give my 13-year-old daughter her late grandfather's iPhone. A refurbished model costs $200.
"It could be something to remember him by, as they were close."

MarketWatch
May 15, 2024

Netflix says its ad-supported plan now has 40 million global monthly active users
Netflix Inc. on Wednesday reported a big jump in demand for its streaming-with-ads plan, and it said it would broadcast more NFL Christmas Day games in the years ahead, as it tries to pull ahead of an industry navigating issues with cable cord-cutting and online consumption.

MarketWatch
May 15, 2024

Investors aren't waiting for a Fed pivot to dive into these stocks and bonds
Stocks hit a round of fresh record highs on Wednesday, with FOMO in focus.

MarketWatch
May 15, 2024

Wall Street hates REITs like it's 2009
BofA Securities survey shows that fund managers are staggeringly underweight in real-estate investment trusts.

MarketWatch
May 15, 2024

Bitcoin has been struggling at these prices — and crypto traders are fretting
Is a crypto crash near? Why some bitcoin experts are breaking with the bulls.

MarketWatch
May 15, 2024

Why bitcoin and gold might be your move to keep your wealth safe
Both assets are far removed from government's grasp.

MarketWatch
May 15, 2024

JPMorgan is buying NYCB loans partly to help smaller bank's turnaround: source
New York Community Bancorp's stock gave back recent gains Wednesday on the heels of a $5 billion loan sale to JPMorgan Chase & Co., which marks a fresh move in the bank's plan to turn a profit.

MarketWatch
May 15, 2024

Silver posts highest close in 11 years, gold at 3-week high as CPI data show slowdown in inflation
Silver futures post their highest settlement since 2013 on Wednesday, and gold futures rallied, after U.S. government data revealed a slowdown in the rate of inflation, feeding expectations for interest-rate cuts this year.

MarketWatch
May 15, 2024

Warren urges Biden to target grocery chains over high prices. But there's debate over how much chains are to blame.
Sen. Elizabeth Warren and dozens of other Democratic lawmakers have pushed this week for President Joe Biden to use his executive authority to drive grocery chains toward lowering their prices.

MarketWatch
May 15, 2024

Nio's stock skids, even though new U.S. tariffs on China EVs aren't a concern
Shares of Nio Inc. pulled a U-turn to trade sharply lower Wednesday, wiping out the bulk of their gains made in the wake of the Biden administration's new tariffs on electric-vehicle imports from China.

MarketWatch
May 15, 2024

Dell's stock is having a milestone day. Here's why Morgan Stanley is so bullish.
Dell's market value is set to exceed $100 billion if current gains carry through to the close.

MarketWatch
May 15, 2024

Retail traders are beating big firms in guessing where U.S. interest rates will go next
A look at how individual traders have performed against their bigger counterparts underscores just how much predictive power lies in the hands of Main Street.

MarketWatch
May 15, 2024

Student-loan forgiveness deadline extended. Here's how to take advantage.
The Biden administration is giving borrowers more time to take a key step that will make them eligible for a student-loan forgiveness program.

MarketWatch
May 15, 2024

Oil turns higher on decline in U.S. supplies as traders weigh demand outlook
Oil futures moved higher on Wednesday, buoyed by a second straight weekly decline in U.S. crude supplies, as a slowdown in the U.S. inflation rate lifted prospects for interest-rate cuts and the potential for stronger energy demand.

MarketWatch
May 15, 2024

GameStop and AMC shares were halted 38 times on Tuesday. This expert has been arguing for decades that halts don't work.
Charles M.C. Lee, professor emeritus at the Stanford Graduate School of Business, has been questioning the wisdom of trading halts for some time.

MarketWatch
May 15, 2024

Mizuho still recommends Terns Pharma as a cheap entry to the weight-loss-drug craze
Mizuho analysts are betting the stock of the small biotech Terns Pharmaceuticals Inc. could rally sharply if the company's oral weight-loss drug proves successful when data from an early-stage trial is released later this year.

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