I’ll be 65 in a couple months. I retired at 63 and am currently receiving survivor Social Security payments (from my late husband). I plan on switching over to my Social Security at 70. I receive abou...
Tag: financial services
The 15 housing markets in America that are now actually more affordable than they were in 2005
“Worsening affordability appears to be having an impact on demand, which could lead to prices plateauing or even correcting modestly in some markets,” one pro told MarketWatch Picks. Getty Images/iSto...
75 or 100 basis points? Lost in market debate over Fed’s next rate hike is ‘how long inflation stays at these levels’
Debate has been simmering over whether Federal Reserve policy makers will raise the fed-funds rate by three-quarters of a percentage point later this month, as they did in June, or step up their infla...
Dow jumps 650 points as stocks close sharply higher after stronger-than expected retail sales report, surge in Wall Street bank shares
U.S. stock indexes closed sharply higher Friday, with the S&P 500 and Dow Jones Industrial Average each snapping a five-day losing streak, after stronger-than-expected retail sales data and a mode...
The U.S. dollar hasn’t been this strong against the euro in 20 years. Here’s what happened next.
A gutsy contrarian bet right now is that the strong U.S. dollar will weaken, particularly versus the euro. A secondary bold bet is that U.S. stocks will lag international equities. Dollar weakness wou...
The S&P 500 Has a New Price Target. The Market Is Getting Dicey.
Text size Bank of America’s strategists believe that earnings forecasts will fall, bringing stock prices down with them. Amir Hamja/Bloomberg Bank of America strategists lowered their price targ...
Celsius Owes Users More Than $4.7 Billion
Celsius Network LLC has a roughly $1.2 billion hole in its balance sheet, with the majority of its liabilities owed to the cryptocurrency lender’s users, according to a Thursday filing by Chief Execut...
Bitcoin Price Could Fall to $13,000 as Crypto Miners Cut Costs
Text size Miners appear to be using less electricity to produce cryptocurrencies. Mark Felix/AFP via Getty Images Bitcoin miners have come under pressure from a one-two punch of rising energy costs an...
‘I just wake up and cry’: Voyager and Celsius bankruptcies have destroyed some crypto investors’ confidence in centralized platforms
Yotsy Ruiz recently bought his first ever crypto hardware wallet — a Nano X from Ledger. He is transferring all his crypto holdings that he can still move to the small physical device which looks like...
California Truckers Struggle to Comply With New Employment Law
Trucking companies and truck owner-operators are scrambling to figure out how to operate under a new California law that toughens definitions of nonemployee drivers, upending decadeslong practices tha...
JPMorgan Earnings Are Coming. What to Expect.
Text size Analysts expect JPMorgan Chase’s earnings to drop nearly 25% year over year. David Paul Morris/Bloomberg Another bank earnings season is upon us. JPMorgan Chase will step up to the pla...
Nvidia Stock-Price Cuts Pile Up as Street Worries Over Gaming, Crypto Risks
Text size An Nvidia GeForce RTX 3060 Ti gaming graphics card. Courtesy of Nvidia Wall Street analysts are falling over themselves slashing their projections for Nvidia. In April, Barron’s cautioned in...
We have 25 years until retirement and are saving 25% of our income — are we doing it right? And are we saving too much?
My wife, 33, and I, 40, have our own 403(b)s, Roth accounts (maxing their contributions this year for the first time) and pensions as part of our retirement plan. My wife contributes 14% of her pay t...
Will Coinbase go bankrupt? Crypto CEO says there is ‘no risk of bankruptcy’
““We have no risk of bankruptcy.”” That’s a quote from Brian Armstrong, chief executive and co-founder of cryptocurrency exchange platform Coinbase COIN, -10.63%. In a series of tweets on May 10, Arms...
Big Banks Report Earnings This Week. Here’s What Wall Street is Watching.
Text size CEO Brian Moynihan says Bank of America is always prepared for a recession because it has no choice but to be ready, Davis Turner/Getty Images The big banks start to report their earnings th...
Cryptocurrency Is Coming to Your Credit Cards
Cryptocurrencies are a volatile investment today, but card companies including Visa Inc. and Mastercard Inc. are betting crypto will one day be used routinely for everyday purchases from food to cloth...
Crypto Rout Deflates Some Web3 Startups Buoyed by Push Into Digital Tokens
The cryptocurrency rout has spread to startups that offer users digital tokens, pushing down digital asset prices and driving away hordes of users. The startups—part of what has been called Web3—allow...
These money and investing tips can help you hit the market’s curveballs
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 These dividend stocks are reco...
Will earnings season trigger another leg lower for the Dow? Investors hunt for recession clues
Stock-market investors just can’t get off the merry-go-round this summer. A stronger-than-expected U.S. June jobs report on Friday calmed fears that the economy might have already slipped into recessi...
A psychologist’s 5 steps to stop panicking about your 401(k)
In the fall of 2008, when global stock markets were imploding, I happened to be in New York. I switched on the TV in my hotel room and saw financial commentator Suze Orman on Larry King Live. She took...