Americans have good reason to be unhappy with the economy and President Joe Biden. At the State of the Union, he bragged on the strong recovery, but abstract statistics like GDP growth, the unemployment rate and average hourly wages don’t rhyme well with many voters’ personal experiences. Paychecks aren’t keeping upRead More →
I’m looking for a small-town atmosphere, with open land around it and maybe a body of water nearby. I always said my ideal would be water in the front and trees in the back. I can’t be too far from the family just west of the Chicago suburbs, butRead More →
Shares of Match Group Inc. were off 3% in after-hours trading Tuesday as the online-dating giant delivered a lower-than-expected forecast, citing pressure from the omicron variant. The company reported a fourth-quarter GAAP net loss of $168.6 million, or 60 cents a share, whereas it earned $149.0 million, or 50Read More →
The World Health Organization warned Tuesday that Europe’s death toll from the coronavirus-borne illness COVID-19 could exceed 2 million by March, as cases have climbed to nearly 4,200 a day and the illness has become the No. 1 cause of death on the continent. WHO European regional director Dr.Read More →
Roblox Corp. was digging itself out from a three-day outage that shut millions of users out Monday, as investors wiped away more than $1 billion of the videogame company’s market capitalization. Roblox RBLX, -2.68% shares declined as much as 4% Monday, and were last down 2.9% at $81.61, afterRead More →
Meta is the new name for Facebook Inc. The change, announced Thursday by Facebook FB, +3.48% founder and Chief Executive Mark Zuckerberg, relegates Facebook to one of the company’s three major platforms — which also includes Instagram and WhatsApp — rather than the overarching brand amid whistleblower revelations andRead More →
With supply chain channels snarled by the effects of the COVID-19 pandemic, major retailers like Target Corp. and Home Depot Inc. are taking matters into their own hands, chartering ships to deliver goods in time for the important holiday season. Retailers large and small, consumer packaged goods companies andRead More →
If you were thinking of starting a business with money from your individual retirement account, you might want to put that idea on hold for a moment. Ditto if you were thinking of using tax-deferred retirement accounts to invest in a startup run by a friend or a memberRead More →
Your Tom Cruise fix is going to have to wait a bit longer. Paramount Pictures on Wednesday moved back the release dates for Cruise’s next two films yet again, due to concerns that COVID-19 will continue to hurt the movie-theater business. “Top Gun: Maverick,” which was expected to premiereRead More →
Requiring that schoolchildren get vaccinated for COVID-19 “is a good idea,” Dr. Anthony Fauci said Sunday. While acknowledging that a vaccine mandate for kids would likely be controversial, President Joe Biden’s top pandemic adviser told CNN’s “State of the Union” that the benefits would far outweigh the risks. “IRead More →
Shoppers moved online in droves during the pandemic — and online prices moved upwards. “The COVID-19 pandemic reversed a predictable pattern in e-commerce, where consumers were generally able to purchase goods cheaper online. This reversal was the result of surging demand, supply chain constraints, and growth in categories that hadRead More →
Gary Vaynerchuk wears many hats. He’s an entrepreneur, CEO, angel investor, public speaker and social-media guru — not to mention the actual hat he wore during his interview with MarketWatch showing he’s a fan of the New York Jets. Vaynerchuk, 45, is the CEO of media and communications companyRead More →
Weeks before Didi Global Inc. went public in the U.S., China’s cybersecurity watchdog suggested the Chinese ride-hailing giant delay its initial public offering and urged it to conduct a thorough self-examination of its network security, according to people with knowledge of the matter. But for Didi DIDI, -5.30%, waiting would be problematic.Read More →
Professional short-sellers have changed their ways this year. They have limited their exposure to risk after taking heavy losses earlier in 2021 as traders using Reddit’s WallStreetBets channel and other social media bid up prices of stocks the pros had bet against. But there are still stocks with heavyRead More →
As the Atlantic hurricane season begins June 1 and runs through November, at least one major forecasting body predicts an above-normal season. Still, 2021 is not expected to match the historic wrath of 2020 storms. Forecasters at the National Oceanic and Atmospheric Administration’s (NOAA) Climate Prediction Center see aRead More →
The uneven state of the pandemic across the world was on full display Wednesday, with India setting a global record for one-day fatalities, while the U.S. reported continued declines in cases and deaths and the European Union said it would open its borders to vaccinated travelers after months ofRead More →
An exchange-traded fund driven by artificial intelligence has just loaded up on shares in Tesla — and it has a history of correctly predicting the stock’s price swings. The electric-vehicle company now makes up 6% of its portfolio, and is the fund’s third-largest holding after online retailer Amazon AMZN,Read More →
The global tally of confirmed cases of the coronavirus-borne illness COVID-19 edged closer to 160 million on Wednesday, as an independent panel said the crisis was preventable if world leaders had better coordinated their response and moved faster to limit illness and deaths. The Independent Panel for Pandemic Preparedness andRead More →
Nvidia Corp.’s stock traded at record highs Tuesday as analysts hiked price targets and applauded the chip maker’s plans to branch out into its rivals’ territory. Nvidia NVDA, +1.45% shares hit a new intraday record high of $625.40 Tuesday, squashing the previous record of $614.90 set in February andRead More →
U.S. stocks held minor gains Wednesday midmorning in muted trade ahead of the release of minutes from the Federal Reserve’s March policy meeting which may offer clues on the central bank’s strategy if the economic rebound from the coronavirus pandemic runs too hot. How are stock benchmarks trading? TheRead More →
As the U.S. faces calls to share excess COVID-19 vaccine doses with less-wealthy countries, a new study suggests Americans have differing views on the appropriate levels and timing of so-called vaccine diplomacy. Older people in a survey of 788 U.S. adults were less likely to support higher levels ofRead More →
The company may have included “outdated information” in U.S. trial results for its COVID-19 vaccine, providing an “incomplete view of the efficacy data,” a U.S. federal health agency said in a highly unusual statement released after midnight. AstraZeneca AZN, -2.48% AZN, -3.10% said Monday that interim data from aRead More →
On paper, it checks all the boxes. It provides a defined amount of income in retirement that’s adjusted to a standard-of-living index. You get to contribute as much or as little as you want toward your retirement nest egg. And there’s liquidity and transparency. The only problem? This near-perfectRead More →
An executive order signed by President Biden could wind up cooling the real estate market in places where it’s been hot. Or at least appears to be. Why “appears”? I’ll get to that in a second. The president ordered federal agencies to post scientific data and analysis on websites likeRead More →
Amazon warehouse workers in Alabama got a surprise ally in US Sen. Marco Rubio, with the conservative lawmaker revealing on Friday that he supports their efforts to unionize. The Republican senator from Florida published an op-ed in USA Today that accused Amazon AMZN, -0.77% of waging “a war against working-class values”Read More →
