The latest mortgage rates Getty Images/iStockphoto For most of 2022, the trend of mortgage rates was generally up and then up some more. But in mid-November something big happened: Thanks to better-th...
Tag: Political
“The Time Has Come To Mobilize Real Political Will To Address CRSV In The DRC”
The use of sexual violence in the Democratic Republic of Congo (DRC) is not a crime of the past. In 2020, the United Nations Organization Stabilization Mission in the Democratic Republic of the Congo ...
Many investors are betting on an inflation peak. Here’s why a former hedge-fund manager says they’re wrong.
Investors are waking up to big trouble in big China. Stock futures and oil prices are falling after angry anti-COVID zero protests swept the country. “This is a sudden powerful new distraction for mar...
Employers Rethink Need for College Degrees in Tight Labor Market
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Shinhan Financial’s U.S. Unit Ordered to Beef Up Money Laundering Oversight
A U.S. unit of South Korea’s Shinhan Financial Group has agreed to bolster the oversight of its anti-money-laundering program as part of a settlement with the Federal Deposit Insurance Corp. Shinhan B...
Why China’s COVID policies are rattling investors again
Investors in China-related assets who had expected a significant easing of COVID curbs were left disappointed this week as the country battles the worst wave of cases since Shanghai’s outbreak earlier...
These money and investing tips can help your portfolio sail through December
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 The only thing investors have ...
More people use ‘buy now, pay later’ for holiday shopping, but experts say that’s a double-edged sword
Online purchases using the BNPL rose by 13% year-on-year in November, according to Adobe Analytics. That figure does not take into account Thanksgiving or Black Friday spending. “In an uncertain econo...
SBF Political Donations Can Be Reclaimed As Fraudulent Transfers
Sam Bankman-Fried News: While experts predict that SBF could likely face jail term over misuse of crypto funds, the onus is now on his political donations. In the first week of November and days befor...
FTX, SBF, and a political inside track: Making sense of it all one day at a time
Bahamas-based crypto exchange FTX’s million-dollar donation to a Republican cause has become the latest development in the firm’s bankruptcy saga. The bankrupt exchange’s political donations have been...
6 Preferred Stocks That Offer Safety and High Yields
There still is plenty of yield in the depressed preferred-stock market—even after the recent half-point yield decline in the Treasury 10-year note to 3.7%. Many preferred issues yield 6% or more and o...
‘Most economists are predicting a recession in 2023’: I own a rental property. Is it a good time to take out a bank loan and renovate — or should I wait?
Dear MarketWatch, Along with a sibling, I own a rental property of more than 40 rooms in the Caribbean, where we do weekly rentals. It’s near downtown but in need of repairs and renovation. Is this ...
The Next U.S. Energy Revolution Is Here
Until now, the U.S. clean-energy revolution has been imported. Other countries make almost all of the batteries, solar panels, and critical chemicals used in America. But the revolution is starting to...
Top Advisors Share the Best Financial Moves to Make Now
It’s easy to get swept up in how stocks, bonds, or your portfolio performed today, this month, or this year, and that’s especially true during market upheavals. But a longer-term view is required to a...
How to Put Together an All-Cash Home Purchase
As home-financing costs have skyrocketed, cash is king once again. Nearly one in 10 new homes in the third quarter were purchased with cash, according to Census Bureau data—the largest share since 201...
How to Maximize Your Wealth Over the Next Decade
Investors accustomed to blockbuster returns faced a reckoning this year, as the great bull market ended with high inflation, soaring interest rates, and fears of a recession. The uncertainty persists,...
How to Keep Your Retirement on Track in an Unpredictable Market
Retirees and investors on the cusp of retirement are under stress this year. Inflation has spiked to multidecade highs, stocks have tumbled, and bonds—a haven in normal times—have slumped. The traditi...
Apple iPhone wait times have doubled in 4 weeks to 38 days, UBS says
It’s too late to buy an Apple iPhone 14 Pro or Pro Max in time for Christmas, as supply disruptions have caused wait times to double over the past four weeks, according to UBS research. As a result, i...
New CIO Wants Cisco to Be a Model for Hybrid Work
Fletcher Previn, Cisco Systems Inc.’s new chief information officer, said he is working to help position the networking-equipment maker as a leader in hybrid work. “Everybody being remote in the pande...
I got laid off by a big tech company. What’s my next career move?
Being let go from a job is hard, especially at a moment when the cost of living is rising and a recession is looming. This Thanksgiving, tens of thousands of recently laid-off tech workers will be ask...
Opinion: Fidelity sticks with bitcoin 401(k) offerings despite crypto turmoil — but why?
I have to hand it to Fidelity. For their nerves of steel, at least. The company that runs America’s biggest 401(k) platform is sticking with its plans to offer bitcoin in retirement plans. This is des...
‘My elderly relative determined she could no longer care for herself’: Are her assisted-living facility costs tax deductible?
I have an elderly relative in an assisted-living arrangement in Indiana. She was basically directed to go there from a rehabilitation post-surgery, because they determined that she could no longer car...
Approving a spot crypto ETF is ‘all about political power’ — Perianne Boring
Perianne Boring, founder and CEO of blockchain advocacy group Chamber of Digital Commerce, placed the lack of approval of a Bitcoin (BTC) exchange-traded fund (ETF) in the United States squarely on Se...
Berkshire Scores Big With Japanese Investments. Currency Hedge Is Key.
One of Berkshire Hathaway ‘s bigger investment scores in recent years was the purchase of a group of five Japanese trading companies that now are showing an estimated profit of about $4 billion on an ...
Dow ends nearly 400 points higher as investors await Fed minutes
U.S. stocks ended higher Tuesday as traders gauged the impact of fresh COVID-19 restrictions in China and awaited Wednesday’s minutes from the most recent Federal Reserve meeting. How are stocks are t...
Most retirees and near-retirees are worried about the stock market and inflation. Here’s what they’re doing about it.
The declines in the stock market, surging inflation and rising interest rates have eroded investors’ confidence about their retirement, according to a new report by Janus Henderson Investors. A total ...
Cloud software is suffering a cold November rain. Can Snowflake and Salesforce turn it around?
The week after Thanksgiving could determine if cloud software is still too fat or if there are some tasty leftovers for Wall Street. Autodesk Inc. ADSK, +1.82% signaled a slowdown in business spending...