Following a period of record inflation, Social Security’s latest cost of living adjustment (COLA) means retirees will see the biggest bump to their benefits checks in 40 years. While this move will pr...
Tag: Corporate
Antitrust battle over Apple’s app store goes to appeals court
SAN FRANCISCO — Apple is heading into a courtroom faceoff against the company behind the popular Fortnite video game, reviving a high-stakes antitrust battle over whether the digital fortress shieldin...
The brands and models car shoppers want most—despite inventory levels
Toyota dealers are low on cars. All the same, more American car shoppers consider a Toyota TM, +1.95% than any other brand. Fully 35% of American car shoppers looked closely at buying a Toyota product...
As Pandemic Aid Dries Up, Businesses Chase Covid Tax Credit
A temporary tax break for small businesses has spawned a cottage industry of advisory firms tapping into federal pandemic aid, raising alarms at the Internal Revenue Service that some claims are going...
Bankrupt Voyager Digital Looks for New Buyer After FTX Goes Under
Bankrupt cryptocurrency broker and lender Voyager Digital Ltd. said it has resumed its search for a buyer in light of the collapse of crypto exchange FTX, the firm founded by wunderkind Sam Bankman-Fr...
Walmart Is Flexing Its Muscle Again
America’s biggest retailer has a new message for its suppliers: We’re not going to pay higher prices anymore. Walmart Inc. Chief Executive Doug McMillon delivered the warning in person last month in a...
3Q Earnings Weren’t Bad. But 2023 Estimates Could Be Ugly.
Wall Street expected 2023 earnings forecasts to drop after third-quarter results came in. That time has come. With companies that account for some 90% of the S&P 500’s market capitalization having...
Retail analysts foresee holiday-season sales growth. Now we’ll hear from retailers themselves.
Even as price increases squeeze shoppers, analysts expect holiday-season sales to increase this year. With Walmart Inc., Target Corp. and discounters TJX Cos. and Ross Stores Inc. reporting results in...
A Berkshire Hathaway Bright Spot: Energy. Here Are the Numbers.
Warren Buffett likes energy. Berkshire Hathaway now owns some $58 billion of Chevron and Occidental Petroleum securities. It isn’t Berkshire’s largest holding; that would be insurance, led by auto ins...
How FTX’s Sam Bankman-Fried Went From Crypto Golden Boy to Villain
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FTX bankruptcy: Can account holders expect to get their money back?
FTX, the unraveling cryptocurrency exchange, has plummeted from its high-profile perch straight into bankruptcy court. On Friday morning, FTX and related entities including Alameda Research, its affil...
Opinion: Pain and losses in crypto will clear out the losers and strengthen the case for bitcoin
Cryptocurrency is a mess right now. And rightly so. I wrote about buying bitcoin for MarketWatch in 2013 when it was trading for $100, but I’ve spent the past year or so warning that most newer crypto...
What the Stock Market and the Midterm Elections Have Common.
Investing and politics go together about as well as mango chutney and burned hair, and we prefer to focus on the stocks and leave the pontificating about the state of the nation to the Beltway pundits...
Should I do a Roth conversion to offset stock losses?
Q.: Dear Dan, We have roughly $45,000 in short-term & long-term losses this year from our brokerage accounts. Is the best move to sell some of our positive stock positions in our brokerage account...
Sell Intel Stock, Analyst Says. Market Share Losses Are the Concern.
An analyst at J.P. Morgan says sell Intel stock, citing concerns about the company’s loss of market share amid ongoing competition and softening PC demand. Following a period of restriction, J.P Morga...
‘Bitcoin will be the winner because bitcoin is a digital commodity and it’s the least controversial of everything’: MicroStrategy’s Michael Saylor
“‘Bitcoin will be the winner because bitcoin is a digital commodity and it’s the least controversial of everything.’” — Michael Saylor, MicroStrategy In an interview Thursday morning on CNBC, MicroStr...
German Family Office Lennertz Raises Third European Private-Equity Fund-of-Funds
Family office Lennertz & Co. is raising a new fund to take advantage of investment opportunities created by recent market volatility and depressed valuations. Lennertz, which was founded by former...
FTX’s stunning collapse nothing like Theranos, says venture investor and crypto bull Tim Draper
Tim Draper, founder and managing partner of Draper Associates and Draper University, balked at comparing the stunning implosion of crypto trading platform FTX to the notorious biotech startup Theranos...
Stocks Rallied Dramatically. It’s Still a Bear Market
This commentary was issued recently by money managers, research firms, and market newsletter writers and has been edited by Barron’s. Bear-Market Rallies Technical Strategy BTIGNov. 11: Thursday...
FTX bankruptcy: Tom Brady, Steph Curry set to lose big from company’s collapse
Former FTX CEO Sam Bankman-Fried lost his entire $16 billion fortune in just a few days after his company filed chapter 11 bankruptcy protection on Friday, but he’s not the only high-profile investor ...
Intel CEO Pat Gelsinger Buys Up Intel, Mobileye Stock
Intel CEO Pat Gelsinger recently has been buying up shares of the chip giant that he helms, but he has spent far more for shares of recently spun-off Mobileye which is developing autonomous driving te...
‘I have never before seen a CEO take responsibility as he does’: investor Bill Ackman comments on Sam Bankman-Fried in now-deleted Tweet
Bill Ackman, famous hedge fund billionaire investor, defended former chief executive of crypto exchange FTX Sam Bankman Fried’s leadership in a now deleted Tweet on Thursday. “You have to give @SBF_FT...
‘A lot of people have compared this to Lehman. I would compare it to Enron’: Larry Summers comments on FTX bankruptcy
Former U.S. Treasury Secretary Larry Summers is likening the collapse of troubled cryptocurrency exchange FTX to the meltdown that engulfed Houston-based energy company Enron two decades ago. In an in...
These money and investing tips can help you see this bear market more clearly
Don’t miss these top money and investing features: Sign up here to get MarketWatch’s best mutual funds and ETF stories emailed to you weekly! INVESTING NEWS & TRENDS Bitcoin owners are bellyaching...