PayPal Holdings Inc. and Meta Platforms Inc. are both going through business transitions, prompting many investors to run for the hills. Shares of PayPal PYPL, +1.43% and Facebook-parent Meta FB, -0.2...
Tag: Banking/Credit
Tax season: does the IRS know if you trade crypto? Is your NFT sale or mining income taxable?
Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch. It is tax season in the U.S., and I’ll ...
Wells Fargo Won an Investor Dispute. Judge Says It Gamed the System.
In 2017, Brian Leggett, a Wells Fargo customer, filed an arbitration claim against the bank and one of its financial advisors, accusing them of negligence and breach of fiduciary duty in how they hand...
PayPal stock still offers ‘four silver linings’ after ‘epic’ selloff, says analyst
Shares of PayPal Holdings Inc. have been pummeled in recent days after the e-commerce company gave a disappointing forecast and announced a change in its business strategy, but one analyst still sees ...
‘My husband refuses to pay my student loans.’ Is there some loophole to get him to pay?
How can you get out of student loan debt faster? Getty Images/iStockphoto Question: I am married but unemployed, and my husband refuses to pay my student loans, which I had before we were dating. Do I...
Should You Buy PayPal Stock After Its Big Drop? Don’t Rush In.
PayPal refrained from reiterating growth targets, trimmed its forecasts, and said it was shifting strategy away from growing its user base in its latest earnings. Dreamstime Text size PayPal Holdings ...
Here’s Why PayPal Stock Fell Down So Much Today
Text size PayPal stock is on pace for its worst percentage decline on record. Getty Images PayPal stock was in free-fall as investors—and Wall Street—reassessed the payments company after it issued a ...
Exelon Stock Price Has ‘Plunged.’ Its Value Hasn’t Changed.
Text size A hazardous radiation warning sign is displayed at the reactor building of the Exelon Peach Bottom Atomic Power Station in Delta Pennsylvania. Melissa Lyttle/Bloomberg The price of Exelon st...
PayPal Is Plunging. Wall Street Is Reassessing the Stock.
Text size PayPal stock pointed 19% lower in premarket trading Wednesday. Getty Images PayPal ‘s fourth-quarter earnings, and particularly its disappointing outlook, are spooking investors. Wall Street...
The ‘best job in America’ pays $145,000, has 14,000 job openings — and offers a generous work-life balance
A six-figure salary and the option to work from home? It sounds too good to be true. Job openings are rising, while workers continue to quit. The number of vacant jobs hit 10.9 million in December, up...
PayPal stock sinks after earnings as inflation, spending pressures weigh on outlook
PayPal Holdings Inc. largely matched expectations for its holiday quarter but shares plunged late Tuesday after the company delivered an earnings forecast that came up shy of expectations. Shares were...
More than one-third of Americans say they’ve never had a retirement account
Never had a retirement account? You’re not alone – 36% of American workers said they’ve never had a retirement account, such as a 401(k) plan or an IRA, a new Bankrate survey found. Generation Z and ...
Opinion: AT&T and 4 more unloved dividend stocks to buy in a ‘risk-off’ era
With stocks off to one of their worst starts to the year since the 2008-2009 financial crisis, it’s no longer crazy to talk about a sustained period of market volatility or a prolonged “risk off” envi...
Giant Bank Bought Up Apple, Comcast Stock. It Dropped AT&T and Visa.
Text size German banking giant Commerzbank bought up Apple stock in the fourth quarter. Dreamstime A German banking giant made some abrupt changes in its U.S.-traded investments. Commerzbank initiated...
U.S. Stock Futures Poised for Lower Open on Monday
Stocks are poised to open lower on Monday. Michael Nagle/Bloomberg Text size Here’s what you need to know to navigate the markets today. • U.S. stocks are set to open Monday slightly down. On Sunday n...
Visa Stock Is Rising After Earnings Report. May Break Away From Mastercard.
Text size Stock in Visa was up nearly 9% on Friday morning. Roy Rochlin/Getty Images Visa stock achieved its biggest bounce in nearly two years as investors responded to surprisingly strong financial ...
‘The company is a household name’: My husband’s tech firm gave him stock. It’s now 40% of our net worth. Should we diversify or hold?
Dear Quentin, My husband and I disagree as to whether he should diversify his tech stock. He was granted this stock during his five years employed with a tech company. It wasn’t worth much at the time...
How Low Can Bitcoin Go? The Views Vary.
Illustration by Elias Stein Text size Tighter monetary policies are weighing on speculative assets like crypto, Bitcoin crashed from $43,000 to $33,000 in four days and lost 23% of its value. On Jan. ...
The IRS will stop sending out one type of taxpayer notice to try to cut down on aggravation this tax season
Trying to minimize aggravation during a tax-filing season that could have plenty of challenges, the Internal Revenue Service said it is pausing one of its notices that could ferment taxpayer frustrati...
Fed rate hikes are coming — how to tackle your savings, mortgage, car payments and credit-card debt in advance
Wall Street investors and Washington D.C. lawmakers are closely listening to what Federal Reserve Chairman Jerome Powell says Wednesday about the central bank’s next steps in its fight against decades...
‘This feels very unfair.’ I’m 73 and worked full-time in education. Over 17 years, I made only one late payment on my student loans. I still owe $12K. Can you help?
Getty Images/iStockphoto Question: I’m 73 years old. I took out student loans in 1999 and consolidated in 2004. I have made only one late payment in the 17 years I’ve repaid. I worked full time at two...
Opinion: ‘Easter Bunny cartoon cash’ — how Bill Maher called the Bitcoin crash
Young people were already feeling depressed about their future retirement prospects, according to polls. Still more following the collapse of all their cryptocurrency bets, one suspects. More than $1 ...
Crypto bull says ‘I look at the stock market and it is just starting to correct and that worries me more’: We could see ‘another 20%’ fall ‘for the Nasdaq’
Wealthy investor Mike Novogratz says the days of making easy money on Wall Street are coming to a swift end and he sees more pain in store for stock-market investors in coming months. “I look at the s...
Fed will raise its policy interest rate above the inflation rate ‘sooner rather than later,’ says ex-governor Quarles who resigned last month
Former Federal Reserve Governor Randal Quarles said Tuesday that he thinks the Fed will move swiftly to raise its policy interest rate above the inflation rate because that is the only way to defeat i...
‘We do not want him to receive anything from our estate’: How do we ensure our son-in-law does not get his hands on our money?
Dear Quentin, My wife and I are in our 70’s and have one daughter as the sole beneficiary to our estate. We live in Ohio. She is separated from her husband, and it doesn’t appear that they will be get...