Three months after a home-flipping initiative imploded in an embarrassing public display, Zillow Group Inc. reported record revenue from selling the underwater homes Thursday and predicted big sales a...
Tag: financial services
Affirm stock slammed after early earnings release shows revenue outlook misses
This replaces an earlier report that incorrectly reported how Q2 revenue compared with analyst expectations. It has been corrected. Shares of Affirm Holdings Inc. were plunging in Thursday afternoon t...
Opinion: How to profit from your losses on those ‘Cathie Wood’ stocks
Americans have lost billions of dollars from their retirement funds in the past year as some of the most popular recent investments have come crashing down to earth. As our chart above shows, many of ...
‘I don’t know if it’s worth dealing with tenants’: Should I convert my home into a rental, or sell it?
I have enough money to put down on a second home — I need a slightly bigger place and another bedroom. I currently live in Portland, Ore., but I am planning to move outside of Portland. However, I’m c...
Bitcoin’s Price Isn’t Done Falling. How It Could Drop to $10,000.
Text size Stifel’s top equity strategist thinks Bitcoin prices could sink to $10,000. Dreamstime.com The bull case for Bitcoin is that it powers up to $100,000, from recent prices around $43,000...
I took out student loans for my now-imprisoned son. I owe $50K. Please help.
From student loan forgiveness to refinancing, some options to consider. Getty Images/iStockphoto Question: I just turned 60 and will probably have to work 20 more years. I currently owe about $50,000 ...
Buy the dip? Why the stock market’s bounce off January lows may prove premature
A big stock-market bounce after an ugly January might reflect misplaced confidence in a previously tried-and-true trading strategy, a Wall Street analyst warned on Monday. “After a tough markdown of s...
Crypto is volatile, but KPMG Canada just added bitcoin and ether to its balance sheet. Here’s why
KPMG in Canada has added an unknown amount of bitcoin and ether to its corporate balance sheet. The firm declined to disclose the amount of cryptocurrencies it purchased, but Kunal Bhasin, blockchain...
5 popular financial rules you might want to ditch
Traditional financial advice like the kind you got from your parents is often true but even experienced investors might rely on maxims that are outdated and no longer serving your financial well-being...
Investors Flock to Savings Bonds for Protection Against Inflation
As inflation rises, another low-risk investment is getting more attention: the tried-and-true Series I savings bond known as inflation or I bonds. These federally guaranteed instruments currently hav...
These end-of-life planning forms will save your family a lot of heartache, the trouble with Alaska’s oil fund and more retirement news
From MarketWatch: Opinion: Big money trouble with Alaska’s $80 billion oil fund: A major political row has broken out at Alaska’s Permanent Fund, the state’s giant $82 billion oil fund, where the firi...
Opinion: Should you add residential real estate to your retirement portfolio?
Is there a way to invest in residential real estate as an asset class? It’s a timely question since, as I pointed out last week, residential real estate can play an important role in reducing the prob...
Treasury Inflation-Protected Securities: What Investors Should Know About TIPS
TIPS have suddenly moved to center stage for investors, as the surge in inflation has drawn new interest in Treasury inflation-protected securities. But how much do investors really know about these s...
The next ‘pain trade’ could be on the horizon as investors crowd into bets pegged to Fed monetary policy
Investors may be set up for the next so-called “pain” trade, with market participants increasingly coalescing around expectations that Federal Reserve needs to act aggressively to combat persistent U....
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 ...
‘This is not 1980’: What investors are watching as next U.S. inflation reading looms
Investors next week will be closely watching for the latest reading on U.S. inflation, which has been running hot against the backdrop of a volatile stock market in 2022. “Inflation will be the data p...
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...
Royal Caribbean may finally be confident enough to provide long-term financial guidance
Royal Caribbean Group looks poised to report the first billion-dollar quarter since the pandemic, and may finally be confident enough about the post-pandemic outlook to provide long-term financial tar...
This way of picking value stocks has actually worked — and Berkshire Hathaway screens the best
Amazon.com’s earnings surprise is the story of the day, pushing even the jobs report into second billing. More on that in a second. But the broader story of the markets is unchanged. Interest rates ar...
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 ...
Taiwan Semi Stock Is Rising. An Analyst Sees More Demand From Intel and Apple.
Text size Morgan Stanley analyst Charlie Chan upgraded Taiwan Semiconductor to Overweight from Equal Weight. I-Hwa Cheng/Bloomberg Taiwan Semiconductor Manufacturing shares are trading higher Monday, ...