‘I don’t see another bank stepping in to help.’ Bill Ackman suggests government intervention to save Silicon Valley Bank parent.

“The failure of Silicon Valley Bank could destroy an important long-term driver of the economy as VC-backed companies rely on SVB for loans and holding their operating cash. If private capital can’t p...

Biden targets crypto, real estate and oil industries, as he unveils his budget

President Joe Biden on Thursday called for ending tax subsidies for cryptocurrency investors, the real estate industry and the oil and gas sector, as he formally rolled out his proposed budget for the...

The IRS Has New Tax Rules for State Payments. What They Could Mean for You.

The Internal Revenue Service on Friday gave the green light to taxpayers in 21 states who had been waiting for the agency to clarify the taxability of certain state payments before filing their federa...

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...

Americans are souring on the housing market and California is now giving residents up to $1,050 of ‘inflation relief’ — here’s who is eligible

Hi, MarketWatchers. Don’t miss these top stories. September jobs report highlights major shift in white-collar work — as Labor Department plans changes to jobs questionnaire ‘The old question was beco...

How To Get Started Investing With Your Stimulus Check

Getty Images Key takeaways More than 15 states are issuing new stimulus checks and/or tax rebates to help offset soaring inflation Meanwhile, unemployment rates returned to pre-pandemic lows in July D...

Climate Bill Stands to Give Green-Energy Investors a Lift

Listen to article (2 minutes) Investors were already returning to clean-tech and renewable-power stocks when the proposed $369 billion Senate energy and climate-spending package jolted the sector to i...

Intel Shows Limits of Chips Act

There is a rich irony to the notion that U.S. lawmakers rescued a giant subsidy package for the semiconductor industry just as the country’s largest chip maker proved the limits of such measures. On T...

Chip Investment Decisions Await Congressional Action on $52 Billion Funding Bill

Political wrangling in Congress over government funding for the semiconductor industry is leaving tens of billions of dollars of potential factory projects hanging in limbo and could dent the ambition...

Opinion: Our student-loan system needs fixing — and this change would be smarter than just forgiving debt

Most of the recent discussion of student debt has focused on the prospect of forgiving that debt—telling borrowers that they don’t have to repay the funds the federal government provided to help them ...

Opinion: There’s a big hole in the Fed’s theory of inflation—incomes are falling at a record 10.9% rate

The most concerning thing about Thursday’s report on U.S. gross domestic product for the first quarter wasn’t that the first line of the first table showed that real GDP fell at a 1.4% annual rate. It...

Semiconductor, PC stocks rally after Biden touts importance of U.S. chip manufacturing

Chip-related stocks and shares of computer makers surged Wednesday following a push by President Joe Biden to pass legislation that would result in more than $50 billion in government subsidies to bui...

Tesla Finally Gets a Mention as Biden Talks Up Electric Vehicles

Text size President Joe Biden spoke in Washington, D.C., on Tuesday. Brendan Smialowski/AFP/Getty Images President Joe Biden just publicly said the T-word— Tesla —seeming to extend an olive branch to ...

Opinion: Citadel’s $1.15 billion cash infusion isn’t a bailout but the final test of Ken Griffin’s ‘Death Star’

When you add more than a billion dollars’ worth of liquidity to a market maker that already executed more than one of every four trades in the U.S. markets on a daily basis, while simultaneously givin...