Vistra buying Energy Harbor Corp. for $3 bln

Vistra Corp. VST, +0.56% said Monday it will pay $3 billion to acquire Energy Harbor Corp. and combine it with a new unit called Vistra Vision, a retail electricity and zero-carbon generation company....

Silvergate downgraded to underperform at Wedbush on prospects for liquidation after its shuts down its exchange network

Silvergate Capital Corp. SI, +0.87% stock fell 9.7% in premarket trades Monday after the company announced it’s shutting down its crypto currency payments network called the Silvergate Exchange Networ...

‘I’m losing over $1,100 each quarter due to fees.’ I’m in safe investments during this downturn, yet I’m still losing a lot of money from adviser fees. What should I do?

Question: I’m in a money market fund that I thought would protect my investment during these downturn times, but I’m losing over $1,100 each quarter due to fees to manage my money. What should I do? A...

Comedian Dax Shepard says you should ‘clean up’ this part of your finances. Pros say it’s an easy way to save thousands

Armchair Expert host, actor and comedian Dax Shepard may be worth $40 million, but he hasn’t forgotten how to save. Getty Images Actor and comedian Dax Shepard has a long list of accolades that includ...

The 6% CD has arrived.  Should you bite?

Getty Images/iStockphoto Thanks to rapidly rising interest rates, many reputable banks and credit unions are now offering certificates of deposit with impressive rates above 4%. And in at least two ca...

U.S. stock futures retain Wall Street’s rally ahead of Powell testimony and jobs data

U.S. stock futures were steady early Monday, holding their latest rally ahead of testimony from Federal Reserve Chair Jerome Powell and crucial jobs data later in the week. How are stock-index futures...

European Central Bank chief economist Lane says rate rises will continue after March

Philip Lane, the chief economist of the European Central Bank, said interest-rate rises will have to continue beyond the March meeting, when a 50 basis point rate hike is seen as almost 100% certain. ...

Exxon Mobil sued over 5 nooses displayed at Louisiana facility

Exxon Mobil Corp. violated federal law for failing to take sufficient action as five hangman’s nooses were displayed at its facility in Baton Rouge, Louisiana, the U.S. government said in a lawsuit. A...

Stock market faces crucial test this week: 3 questions to decide rally’s fate

There will be no rest for investors this week as they await a marquee report on the state of the U.S. labor market, along with biannual Congressional testimony from Federal Reserve Chairman Jerome Pow...

7 economists and real estate pros on what to expect in the housing market this spring

Heading into March and the official start of spring, experts think it’s likely that prices will stabilize. Joe Raedle/Getty Images 2022 saw higher home prices and higher mortgage rates that sidelined ...

How to invest in the stock market and never lose money

Fixed index annuities are not the only way you can invest in the stock market and be assured of not losing money over the short term. That’s because there’s a do-it-yourself alternative that avoids th...

Ford to raise production as U.S. auto sales start to recover

Ford will increase production of six models this year, half of them electric, as the company and the auto industry start to rebound from sluggish U.S. sales in 2022. The automaker announced Friday tha...

‘I’m holding my breath’: What will happen if the Supreme Court blocks Biden’s student-loan forgiveness plan?

As the Supreme Court debates President Joe Biden’s student-loan forgiveness plan, Americans’ consumer debt continues to rise — and more of it is past due. For Shanna Hayes, 34, who was recently laid o...

Okta’s stock jumps more than 14% as earnings forecast doubles expectations

Okta Inc. shares rallied in the extended session Wednesday after the identity-management software company topped estimates by a wide margin, and executives predicted adjusted earnings that were more t...

Plug Power stock dips on revenue miss, but execs stick with annual sales forecast as new factory ramps up

Green-energy provider Plug Power Inc. on Wednesday stuck with its full-year sales forecast, despite fourth-quarter sales missing expectations. The company — which sells renewable hydrogen fuel and fue...

Biden official responds to Buffett’s attack on opponents of stock buybacks

After Warren Buffett criticized opponents of stock buybacks over the weekend, a White House official offered a response Wednesday, suggesting the storied investor and President Joe Biden aren’t totall...

Snowflake stock falls after earnings as forecast underwhelms

This update corrects the FactSet consensus for Snowflake’s fiscal first-quarter and fiscal 2024 product revenue. Shares of Snowflake Inc. fell more than 6% in after-hours trading Wednesday after the d...

Ignore Wall Street’s gloom. Stocks do better when earnings fall: strategist

Adios to February, which disappointed many stock investors who enjoyed a bullish start to the year. But fears of a bigger meltdown by those swept up in Wall Street gloom may be in vain, says our call ...

3M’s stock surges after company says 90% of earplug plaintiffs had ‘normal’ hearing

Shares of 3M Co. surged Wednesday after the maker of consumer, industrial and healthcare products said the U.S. Department of Defense’s records show that the “vast majority” of claimants in litigation...

Tupperware stock slammed after earnings as company swings to a loss

Tupperware Brands Corp. TUP shares were tumbling 28% in premarket trading Wednesday after the maker of kitchen products posted a surprise loss and disclosed that it has identified misstatements in its...

I’m 57 and will soon have more than $3 million from a business sale. My rich boss trusts his financial adviser, but he inherited his millions. Still, should I try his adviser?

Have a question about your financial adviser or looking for a new one? Email [email protected]. Getty Images/iStockphoto Question: I am 57 years old, have $450,000 saved for retirement and will so...

‘Bad luck finds us all.’ Here’s exactly how much you should have in savings right now (and just how few Americans actually have this amount socked away)

How much should you have in savings? Getty Images/iStockphoto About half (49%) of American adults have either less emergency savings than they did last year, or no savings at all, according to a new B...

‘When we retire, we lose a lot.’ How to avoid retirement shock.

When I found myself unexpectedly packaged off by the bank, I was initially very happy. I was planning to leave anyway because the stress was getting to me. When the bank gave me a severance check at a...

Bed Bath & Beyond stock plunges more than 50% in February, the second-worst monthly performance in its history

Shares of Bed Bath & Beyond Inc. BBBY shed 5.7% in afternoon trading Tuesday, putting them on track to suffer the biggest monthly decline in nearly three years, or well before the “meme”-stock roc...

The 20 worst U.S. stocks in February: the biggest loser dropped 35%

Updated with month-end prices. The euphoria of January reversed in February, with broad declines for stocks across the board as interest rates continued to rise. Bond interest rates are more attractiv...

Rivian stock sinks 10% after revenue miss, weak outlook

Shares of Rivian Automotive Inc. dropped 10% in after-hours trading Tuesday after the electric-vehicle maker narrowed its quarterly loss but missed revenue expectations and revealed struggles with par...

AMC stock tumbles after 14th consecutive quarterly loss, fourth straight year in the red

AMC Entertainment Holdings Inc. reported a loss for a 14th consecutive quarter and fourth consecutive year Tuesday, and shares fell in after-hours trading. The movie-theater chain and meme-stock pheno...

Marqeta shares dive as first-quarter forecast comes up shy of expectations

Shares of payments-tech provider Marqeta Inc. MQ fell sharply after hours on Tuesday after the company forecast first-quarter sales growth that came in slightly below estimates. The company, whose tec...

Sarepta stock surges more than 10% as results top expectations, drug given priority review

Sarepta Therapeutics Inc. SRPT shares rallied in the extended session Tuesday after the biotech drug maker topped Wall Street expectations, and said U.S. regulators granted a priority review status fo...

Novavax stock shedding a quarter of its value as vaccine maker’s business in ‘substantial doubt’

Novavax Inc. shares shares sank in the extended session Tuesday after the biotech drug maker posted more than double the loss that analysts expected, and reorganized with concerns it may not be in bus...