A customer wearing a protective mask loads lumber onto a cart at a Home Depot store in Pleasanton, California, on Monday, Feb. 22, 2021. David Paul Morris | Bloomberg | Getty Images Home Depot reporte...
Tag: Business
UK property market at risk of major downturn as recession fears loom
Economists are predicting that soaring interest rates and falling prices will mark the end of the U.K.’s 13-year housing market boom, potentially leading to a house price crash. Matt Cardy | Getty Ima...
Plug Power must get expenses under control
Rocket Pharmaceuticals Inc: “This is a very early stage company that has a lot in the pipe. I tend to like these companies. … If you get a bunch of them, I think you’re going to be f...
DOT says Frontier, foreign airlines must pay travelers $600 million in refunds
Travelers look at a display board showing cancelled and delayed flights at Orlando International Airport on New Year’s weekend, despite thousands of flight cancellations and delays across United...
Walmart, Taiwan Semiconductor, Netflix, Carnival and more
Bing Guan | Bloomberg | Getty Images Check out the companies making the biggest moves midday. Walmart — Shares of retailer Walmart jumped more than 7% after reporting quarterly earnings that beat Wall...
Jim Cramer says these 6 cyclical ‘smokestack’ stocks may be worth owning
CNBC’s Jim Cramer on Monday offered investors a list of cyclical stocks that have “caught fire” recently, making them potential great additions to portfolios. “Sell the techs i...
There’s enough pain in the market for Fed to slow rate hikes
CNBC’s Jim Cramer on Monday said that there’s enough pain in the market for the Federal Reserve to consider easing its pace of interest rate hikes. “There’s enough turmoil that...
Charlie Munger calls the success of Elon Musk’s Tesla a ‘minor miracle’ in the car business
Berkshire Hathaway Vice Chairman Charlie Munger spoke highly of Elon Musk’s electric vehicle company Tesla, calling it an amazing feat in the American auto industry. “I was certainly surpr...
Credit Suisse sells most of its securitized products business to Apollo as it speeds up restructure
Credit Suisse on Tuesday announced that it would accelerate the restructure of its investment bank by selling a significant portion of its securitized products group (SPG) to Apollo Global Management....
Alibaba, Tencent, lead Hong Kong tech stocks higher after upbeat China online retail sales data
Shares of Chinese internet giants jumped in Hong Kong, after official data showed better-than-expected October retail sales in the world’s second-largest economy. Alibaba Group Holding Ltd. BABA, +0.7...
Dear Tax Guy: ‘What happens if I sell my existing house to pay off the loan on my new home? How much tax will I owe?’
Greeting, readers. I’m Andrew Keshner and I’m the tax reporter for MarketWatch. I write about the controversies, open questions and best strategies about taxes. For the purposes of this new column, th...
As flu hospitalizations surge in the U.S., the Southeast is the hardest hit
Enbal Sabag, a Nurse Practitioner, prepares a flu vaccination for a patient at the CVS Pharmacy and MinuteClinic on September 03, 2020 in Key Biscayne, Florida. Joe Raedle | Getty Images Flu hospitali...
Taiwan Semi, Paramount Global and more
Check out the companies making headlines in after hours trading Taiwan Semiconductor Manufacturing – Shares of Taiwan Semiconductor jumped 6.4% after Warren Buffett’s Berkshire Hathaway said it ...
Jay Leno says he’s ‘ok’ after he suffers serious burns in car fire
Jay Leno at The Library of Congress Gershwin Prize tribute concert at DAR Constitution Hall on March 04, 2020 in Washington, DC. Shannon Finney | Getty Images Jay Leno is recovering from serious burn ...
Bed Bath & Beyond stock falls as retailer plans to issue shares to pay off debt
A person exits a Bed Bath & Beyond store in New York City, June 29, 2022. Andrew Kelly | Reuters Bed Bath & Beyond said Monday it would issue shares to some of its bondholders in exchange for ...
How Bitcoin Payments Can Benefit Your Business
The way we make online payments is evolving as the world gets more computerized. Bitcoin is a distributed cryptocurrency that provides a safe, quick, and inexpensive means to conduct online payments. ...
AST SpaceMobile deploys BlueWalker 3 satellite antenna
A view from onboard the satellite, captured after deploying the 693-square foot array. AST SpaceMobile Satellite-to-smartphone connectivity venture AST SpaceMobile announced Monday that the wide anten...
The Elon Musk 3-point plan for ruining a business
I was famously (infamously) unimpressed with Twitter when it first stormed the beaches a little more than a dozen years ago, telling my USA TODAY column readers not to tweet because “no one cares what...
Tyson CFO apologizes to investors after arrest for public intoxication, trespassing
John Tyson mugshot Source: Washington County, Arkansas Tyson Foods CFO John Tyson apologized to investors on Monday for his arrest for public intoxication and trespassing. CEO Donnie King said that th...
Oatly, Amazon, Hasbro and more
A carton of Oatly brand oat milk is arranged for a photograph in the Brooklyn borough of New York, U.S., on Wednesday, Sept. 16, 2020. Gabby Jones | Bloomberg | Getty Images Check out the companies ma...
CZ says industry is in pain but it’s business as usual at Binance
Binance CEO Changpeng Zhao said the company hasn’t experienced any serious side effects from the FTX fallout. During an AMA on Twitter Spaces, CZ addressed burning questions from users and community l...
The ‘world’s largest floating wind farm’ produces its first power
Offices of Equinor photographed in Feb. 2019. Equinor is one of several companies looking at developing floating wind farms. Odin Jaeger | Bloomberg | Getty Images A facility described as the world...
Wakanda Forever’ opening weekend box office
Marvel Studios’ “Black Panther: Wakanda Forever.” Disney Disney and Marvel Studios’ “Black Panther: Wakanda Forever” snared an estimated $180 million during its dom...
Crypto.com becomes latest bank run victim, but CEO says it is business as usual
Crypto.com CEO Kris Marszalek held an AMA on Nov. 14, addressing concerns about marketwide insolvency pressures. He said the platform is operating as usual, only at a heightened level under the curren...
Opinion: The floodgates are open for grandparents to super-size college savings for grandkids
If you’re a grandparent looking to save the day by helping your grandchildren pay for college, take a second look at a tax-advantaged 529 college savings plan before the end of the year. Rule changes ...