Last week saw markets raise their hopes of a Federal Reserve pivot to looser policy, only to have the dream dashed by a strong jobs report and string of policy makers saying interest rates must move h...
Tag: Corporate/Industrial News
Rivian’s big recall is a ‘black eye’ for bulls, but the stock is still a buy, analyst says
Shares of Rivian Automotive Inc. took a dive Monday, in the wake of the electric-vehicle maker’s recall of nearly all of its vehicles, but Wedbush analyst Dan Ives said the news is just a “speed bump”...
‘We’re likely to see one of the greatest transfers of intergenerational wealth,’ says head of TIAA
For 25 years, we at MarketWatch have made retirement one of our core coverage areas. We have tried to help our readers navigate the fraught and often confusing issues surrounding saving, investing and...
Brace for Mortgage Rates to Climb Higher After the Jobs Report
Text size A housing development in Pearland, Texas. Brandon Bell/Getty Images The rising cost of buying a home has cooled the market this year. In a roundabout way, Friday’s jobs report will add to ho...
Not Ready to Go Full EV? Some Car Companies Bet Bigger on Hybrids
Demand for hybrid vehicles is hot, reinforcing the view from Toyota Motor Corp. and other auto makers that the gas-electric approach will play an important role even as the industry races toward fully...
Bank of America to Pay $1.84 Billion to Settle Last Major Mortgage-Crisis Suit
Bank of America closed the door on its last major litigation over mortgage bonds that were at the heart of the financial crisis of 2008. The Charlotte, N.C., bank said Friday it would pay $1.84 billio...
These Growth Stocks Have Beaten the Market. Why It Can Continue.
The stock market has tumbled recently, but growth stocks have finally stopped getting hit the hardest. Subtle shifts in the broader investing environment are responsible. The Russell 2000 index of sm...
PVC Prices Are Falling. Why Warren Buffett Should Be Worried.
One thing leads to the other. Rising interest rates pummel housing. Lumber prices fall, some 60% this year. And, notes energy research firm and investment bank Tudor Pickering Holt, PVC—the plastic th...
Memory Chip Makers Struggle With Declines in Demand, Price
Listen to article (2 minutes) The pandemic boom in memory chips is on pause. A decline in prices in recent months has led the biggest memory players—including Samsung Electronics and Micron Technology...
Sticking with your Medicare plan this open enrollment season? You could pay a hefty price.
Even Medicare beneficiaries happy with their plans should take the opportunity this open enrollment season to comparison shop — and review their current coverage. Medicare’s annual open enrollment pe...
Bank Stocks Have Gotten Slammed. Here Are 4 Worth a Look Ahead of Earnings.
Another bank earnings season is coming upon us, and no one is feeling too excited. Yet excitement isn’t what makes stocks like Citizens Financial Group and M&T Bank attractive. Make no mistake, ba...
Robert Toll, Who Headed Luxury Homebuilder Toll Brothers, Dies at 81
Robert Toll, who built Toll Brothers into the country’s largest luxury homebuilder and brought a founder’s passion to the business, died Friday at age 81 after suffering from Parkinson’s disease The e...
Opinion: Disney’s ESPN is aiming for a potential pact with DraftKings. The better bet for investors is FanDuel, which has a few aces in the hole
It can be maddening when other people don’t see the world the way we do. In the stock market, this kind of misalignment can be a source of great wealth. I was thinking about that kind of contrarian ap...
Exxon Improperly Fired Scientists Suspected of Sharing Information, Labor Department Finds
Listen to article (2 minutes) The Labor Department said it found Exxon Mobil illegally fired two company scientists over suspicions they shared information with The Wall Street Journal about concerns ...
Opinion: 4 predictable retirement problems — and how to solve them
When modeling out retirement, people often apply rules of thumb for income timing. The classic one is the “4% rule,” which many people now think is a bit optimistic as a “safe” withdrawal rate. Bey...
Weekend reads: How the Fed’s punishing policy can set you up for massive gains in the stock market
During a long bear market, investors’ moods can be so bleak and muddy that they cannot envision better times. But they always come. Warren Buffett has shown repeatedly over the decades how to enhance ...
Bond markets facing historic losses grow anxious of Fed that ‘isn’t blinking yet’
The Federal Reserve has been showing no signs of letting up on aggressive rate hikes, even as its policies fuel carnage for the ages across the roughly $53 trillion U.S. bond market. As a result, borr...
S&P 500 would be in an ‘earnings recession’ if not for this one booming sector — but that may not last long
Fears of an actual recession are weighing on investors near the end of 2022, but there is another type of recession also in sight: an earnings recession. The S&P 500 index would already be in an e...
How credit cards ruined the airport lounge
This article is reprinted by permission from NerdWallet. Years ago, there were business travelers and there were leisure travelers, and nary did the perks of the high-flying former trickle down to th...
Exxon Mobil Won’t Comment on Report It Is Exploring Deal for Denbury
Denbury’s stock jumped on Monday afternoon after a report said Exxon Mobil was considering a takeover of the oil-recovery specialist, but the oil giant said it wouldn’t comment on speculation. Bloombe...