3 crucial financial moves to make now after the Fed’s biggest rate hike since 1994

In a matter of months, it’s become more expensive to carry a credit card balance, a car loan or a mortgage as the Federal Reserve’s interest rate hikes have seeped into borrowing costs. It’s tough med...

Fed’s biggest rate hike since 1994 means millions more homebuyers may be priced out of the housing market

Pity those first-time house buyers. On Wednesday, the U.S. Federal Reserve raised the benchmark interest rate by 75 basis points to a 1.5% to 1.75% range, the biggest increase since 1994 as it tries t...

What the Fed Rate Hike Means for Your Savings, Credit Cards and Loans

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Warren Buffett gives away $4 billion in Berkshire Hathaway stock as bidding for his last ever luncheon hits $3 million

As bidding for the last-ever chance to lunch with Berkshire Hathaway’s chairman and CEO Warren Buffett reached the $3 million mark, the investing legend himself announced a $4 billion giveaway in stoc...

Opinion: ‘The stock market is not going to zero’: How this individual investor with 70 years of experience is trading the bear market

Not many investors can claim a lifetime of stock-market success. Warren Buffett of Berkshire Hathaway BRK.A, -1.94% BRK.B, -1.39% comes to mind, of course, but what about Warren Kaplan? Who? Kaplan is...

Harvard expert warns of potential ‘harm’ to index investing, as Republican bill takes on ‘woke fund managers’

Senators and legal experts tussled Tuesday over the merits of a Republican bill that aims to reduce the voting power of the three index-investing giants — BlackRock, Vanguard and State Street. Republi...

3 moves retirement savers can make now to profit from the stock market turmoil

Every crisis is an opportunity. The massive turmoil on financial markets so far this year is no exception. Here are three things that every middle-class American can do with their 401(k), IRA or other...

The investor who spotted Madoff’s fraud early has a whole new worry

Edward Thorp is an investing and mathematical legend — from spotting Bernie Madoff’s fraud as well as identifying Warren Buffett’s investing acumen early, to coming up with blackjack game theory. Of a...

With the S&P 500 now in a bear market, despair and capitulation are the next stages of investors’ grief

The S&P 500 SPX, -3.88% officially entered a bear market on June 13, down more than 20% from its January 2022 high. While there’s no way of knowing how much further stocks will fall until their fi...

Opinion: ‘Liquidation panic’ has taken over the stock, bond and crypto markets — and this may be the beginning of the end

The U.S. stock market is experiencing a liquidation panic where everything is getting sold. The good news is such panics usually don’t last long. Analysis from Rob Hanna of Quantifiable Edges suggests...

Binance resumes bitcoin withdrawals as crypto prices crater

The world’s largest cryptocurrency exchange, Binance, resumed withdrawals of bitcoin after it instituted a “temporary pause” Monday morning that latest several hours, the company said. Binance founder...

Crypto crash FOMO? ‘I missed the bus on Bitcoin, but now feel like my time has come. Is it time to go big or go home? I have another 25 years of a boring 9-to-5 job, and I just want out.’

I read a letter from a reader last year who was suffering from crypto FOMO, and I have been following the crypto markets ever since. I felt like I missed the bus on Bitcoin, but now feel like my time ...

Is now a good time to do a Roth IRA conversion?

Hello and welcome to Financial Face-off, a MarketWatch column where we help you weigh financial decisions. Our columnist will give her verdict. Tell us whether you think she’s right in the comments. A...

The S&P 500 is clinging to a key support level after Friday’s meltdown, here’s what happens if that fails

Last week’s shock U.S. inflation number continues to tear through markets, with dip buyers seemingly in hiding. The Nasdaq is in the lead with a 3% drop as trading gets underway. Investors are now foc...

‘Every month I express my concerns to my adviser, but he says not to worry.’ My 401(k) has lost over 20% and I can’t afford to lose that kind of money. Is it time to find a new adviser?

Every month I express my concerns to my adviser, but he says not to worry and that it will bounce back. Getty Images Question: My 401(k) was doing ok for a while, but since January of this year it has...

I’m the chief economist for the National Association of Realtors. Here are 6 things to know about the housing market now

In this series, we ask a variety of real estate economists what they think buyers and sellers should know about the housing market now. National Association of Realtors As mortgage rates inch upwards ...

Some European Factories, Long Dependent on Cheap Russian Energy, Are Shutting Down

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New car prices rose again, everyone’s paying over sticker; when will the squeeze start to ease?

The average new car sold for $47,148 in May. That’s not quite the record high prices hit last December. But it’s close — May saw the second-highest prices on record. The average sale price increased b...

Mexico Takes Aim at Private Companies, Threatening Decades of Economic Growth

MONTERREY, Mexico—For the past 20 years, a 1,100-megawatt power plant owned by Spain’s Iberdrola SA outside Mexico’s industrial capital has kept the lights on for scores of companies such as brewing g...

These money and investing tips can be your cure for the stock market’s summertime blues

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 How bear markets trick gullibl...

‘The goal is never to seek the top’: The wild, hair-raising ride of a 30-something investor who battled against NFT hackers and dodged the crypto crash

Vinny Zane has a taste for life — and an appetite for risk. The 38-year-old teacher and father of a 2-year-old son on Brooklyn’s Coney Island got into crypto in 2017 with $4,000 worth of Bitcoin, and ...

Taking RMDs During a Downturn Hurts. Here’s How to Manage the Pain.

Is it better to rip off a bandage and get the pain over with or to remove it slowly and gently, limiting the pain while prolonging it? That’s essentially the question facing seniors who have spent dec...

Five Beaten-Up Biotech Stocks Saw Big Share Purchases

Text size Biotech stocks Kymera, Cullinan Oncology, Repare, Iovance, and Kodiak Sciences are all in the red so far this year, but they’ve seen large stock buys. Dreamstime Biotech stocks have taken so...

‘I respect every profession equally, but I feel like so many people look down on me for being a waitress’: Americans are tipping less. Should we step up to the plate?

I read your article about tipping. I’ve been serving and bartending for almost 16 years now, since I was 18. Waiting tables is so hard on your body, and a lot of people don’t appreciate all of the wor...

McDonald’s in Russia Reopens Under New Ownership

MOSCOW—More than a dozen former McDonald’s restaurants reopened here under a new brand and new ownership, accompanied by a marketing blitz aimed at convincing Russians that the new chain’s burgers are...

Coinbase CEO Blasts Employee Petition Against Executives

Turmoil inside crypto exchange Coinbase Global Inc. has spilled out into the public. Co-founder and Chief Executive Brian Armstrong on Friday lashed out on Twitter against an employee petition to remo...

Retirees on edge over inflation and stock volatility can take these 5 steps

If you’re like many retirees, the combination of inflation and stock market volatility may set you on edge. “It is one of the higher risk environments for retirees,” says certified financial planner J...

Dow tumbles as inflation reading triggers market shock waves: What investors need to know

From Wall Street to Main Street, fears that the U.S. economy could be sliding into 1970s-style “stagflation” have been percolating. References to the sticky situation appeared in news headlines all we...

These 19 large-cap stocks have now dropped at least 60% from their 52-week highs

The latest inflation figures on June 10 were worse than expected and the effect on stock prices was brutal. A list of stocks in the S&P 500 and the Nasdaq-100 Index that have fallen at least 60% f...

Mortgage prepayments have fallen 62% from a year ago. This is what that says about the housing market.

Ultimately, as long as buyers are able to keep up with their regular monthly payments, fewer people making extra mortgage payments probably isn’t going to have a massive impact on the broader housing ...

How bear markets trick gullible investors

Bear markets like to trick you into thinking they have come to an end. They do that by mounting explosive one-day rallies. Those jumps more often than not turn out to be traps that lure the gullible b...