Bitcoin (BTC) should cost $18,000 right now — or the S&P 500 must crash, says the analyst behind the model that predicts a BTC price of $288,000. In a series of tweets on June 17, PlanB — the creator of stock-to-flow and stock-to-flow cross-asset — highlighted a correlation between the largest cryptocurrency and theRead More →
© Reuters. FILE PHOTO: VW re-starts Europe’s largest car factory after coronavirus shutdown BERLIN (Reuters) – Volkswagen (DE:) is considering more cost cuts to help cope with the economic impact of the coronavirus pandemic, a spokesman for the German automaker said on Saturday. The issue was recently discussed at anRead More →
There is now a price tag on the tweet that ravaged the NBA’s business in China: hundreds of millions of dollars. Houston Rockets general manager’s Daryl Morey tweet in October supporting the protesters in Hong Kong enraged the Beijing government and resulted in an extraordinary standoff between the world’s mostRead More →
We’re in a state of low savings. Depending on what state you choose to retire in, you could need anywhere from $666,000 to upward of $2 million saved. And that’s outside of what you get from your Social Security checks. Those figures are according to an analysis released Thursday byRead More →
Surprise medical bills can leave you speechless. It probably didn’t help that Alexa Kasdan, 40, a public-policy consultant from New York City, already had a cold and a sore throat. Kasdan told “Bill of the Month,” a joint project between NPR and Kaiser Health News, that she went to aRead More →
“If we are forcing these drivers to go like bats out of hell to get this stuff all over town, that’s OK, because we are making it great for our customers. The human cost of this is too much.” That’s what a former Amazon.com Inc. manager, who quit in frustrationRead More →
HAMBURG/MUNICH (Reuters) – Talks with labor representatives on cutting costs at Volkswagen’s (DE:) luxury car unit Audi (DE:) are making progress, an Audi spokesman said on Tuesday. “We are well on the way,” the spokesman said. Two people familiar with the matter said that the carmaker and its works councilRead More →
Netflix for $12.99 a year, Disney+ for $70, Hulu with no ads for $11.99, and then add on HBO for $14.99 … wait, how much is this all costing? Welcome to the next phase of the streaming wars, where some of the biggest companies in tech and media are fightingRead More →
TGIF, MarketWatchers. Don’t miss these top stories: Personal Finance No pizza boxes, batteries or shredded paper — fix your recycling sins Effective paper and plastic recycling is dictated by tossing only “empty, clean and dry” containers. Otherwise, the bin that feeds your green soul is really only a second garbageRead More →
A previous version of this article incorrectly identified Redondo Beach, Calif., as a section of Los Angeles. It is an independent municipality in Los Angeles County. The story has been corrected. Fred Uriarte Fred Uriarte and his girlfriend. Fred Uriarte found love twice in Mexico. First with the country itself,Read More →
Bloomberg News/Landov The cost of imports aren’t adding to U.S. inflation The numbers: The cost of goods imported into the U.S. rose in September for the first time in four months, but most of the increase stemmed from higher oil prices. Import-related inflation more broadly was basically nonexistent. The importRead More →
By Ankit Ajmera (Reuters) – An ongoing workers’ strike at General Motors Co (N:) could cost the automaker about $1.5 billion, brokerage Credit Suisse (SIX:) said on Friday, throwing the U.S. automaker’s cost reduction plans off the track and forcing key suppliers to cut their 2019 outlook. The brokerage hasRead More →
Happy Wednesday, MarketWatchers. Don’t miss these top stories: Personal Finance Harvard discrimination ruling suggests high schools may hinder Asian-American applicants Ruling says teachers’ and guidance counselors’ weaker personal recommendations may hurt Asian-American applicants’ chances. Male surgeons are paid more than female surgeons, even in fields like gynecology Women also hadRead More →
Happy Monday, MarketWatchers. Don’t miss these top stories: Four in 10 parents would switch doctors if their pediatrician also treated anti-vaxxer families Health providers are in a ‘challenging position’ in the vaccination debate, research shows. The relatable reason why the ‘tooth fairy’ is leaving less money under the pillow theseRead More →
The human mind is an amazing thing, but it’s certainly not infallible. Sometimes assumptions, misconceptions and biases shape our decisions in ways that run counter to our best interests. A few months ago, I joined a couple of my colleagues for a fascinating conversation about the cognitive biases that shapeRead More →
On July 26, 15-year-old Ben was surprised to find he couldn’t log into five of his eight Instagram FB, +1.53% accounts. The meme curator, who goes by the pseudonym “spicymp4” and chose not to give his last name to MarketWatch, owned multiple popular comedy accounts. One such account, @spicy.mp4, hadRead More →
Don’t miss these top money and investing features: One of the stories making inroads with MarketWatch readers this past week shows how and where to invest in stocks and bonds if you don’t have a lot of money. Plus, check out coverage of current market conditions and investing strategies toRead More →
Cities often tout their low cost of living as a tool for attracting new residents. On the face of it, that would make sense. After all, who wouldn’t like to pay less for the things they buy: home, auto, food and recreation? Who would not wish to move to anRead More →
© Reuters. FILE PHOTO: Shoppers carry bags of purchased merchandise at the King of Prussia Mall, United States’ largest retail shopping space, in King of Prussia (Reuters) – If the United States does impose tariffs on another $300 billion worth of Chinese goods, it would cost U.S. consumers $12.2 billionRead More →
iStockphoto Raise your hand if you want strangers trooping through your house and peeking in drawers while you’re still living there. “iBuyers,” the new real-estate companies that buy homes directly from customers, have grabbed media attention, investor dollars and consumer acceptance. Their approach offers a seemingly modern solution to theRead More →
© Reuters. FILE PHOTO: Water fight raises questions over Chile lithium mining By Ernest Scheyder SANTIAGO (Reuters) – Opaque pricing for lithium, the powerhouse metal fueling the electric vehicle revolution, is expected to be top of mind this week as the industry’s leaders gather in Santiago, with calls rising forRead More →
Rising tariffs on $200 billion in Chinese imports will translate to an extra $831 in annual costs for the typical American household, according to new projections from Federal Reserve Bank of New York researchers. Thursday’s projections on the impact of the newly-implemented 25% tariffs are about double the earlier estimatesRead More →
If college professors are genuinely worried about the costs of President Donald Trump’s tariffs, here’s an idea. Why don’t they help out by… er… cutting the cost of college? It’s one thing to hear complaints about the burden of rising prices on the average American household. It’s another to hearRead More →
© Reuters. FILE PHOTO: FILE PHOTO: Banners of Deutsche Bank and Commerzbank are pictured in front of the German share price index, DAX in Frankfurt FRANKFURT (Reuters) – A merger of Deutsche Bank (DE:) and Commerzbank (DE:) could put 20,000 jobs at risk, the head of labor union Verdi saidRead More →
Sean Gallup/Getty Images Maybe it’s not healthy to pay more attention to your phone than to your friends. What if our smartphones are making us stupid? We are so used to thinking of technology as an unmitigated good, not to mention a key driver of productivity growth, that any potentialRead More →
