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 →
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 →
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 →
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 →
The U.S. Securities and Exchange Commission warned Monday that it is closely monitoring frenetic moves in the stock market, amid the stratospheric surge in values of meme stocks AMC Entertainment and GameStop Corp. “SEC staff continues to monitor the market in light of the ongoing volatility in certain stocksRead More →
A mania is under way on Wall Street that is being heralded by some as a revolution of individual investors against pros, but there are concerns that the recent flurry of activity — powered by traders using forums on platforms such as Reddit and Discord — signals a topRead More →
On Thursday evening, President-elect Joe Biden said he will call for $1,400 stimulus checks and more vaccine funds as part of a $1.9 trillion COVID-19 relief plan. “President-elect Biden announced a proposed relief and recovery package that provides relief that is commensurate with the scale of the economic challengeRead More →
Zoom Video Communications Inc. has become a household name during the coronavirus pandemic, with millions of people using its online-video service for free — but it still needs companies to pay for it in order to survive. On Monday, it proved that is happening — and then some. ZoomRead More →
Musicians have not taken kindly to comments made last week by Spotify Technology SA Chief Executive Daniel Ek that they need to work harder in the streaming age. The dramatic consumer shift in recent years from buying albums to listening to streaming music has crushed a major revenue streamRead More →
Netflix Inc. logged another blockbuster quarter Thursday with the addition of 10.1 million new paid subscribers and a significant jump in revenue, and rewarded one of its most important executives with a promotion, but shares declined in after-hours trading on fears of slowing growth and a miss on profit.Read More →
Over the past few months, the COVID-19 pandemic has prompted many people to re-examine their living situations. Amid shutdowns, for instance, having easy access to open space — or a backyard at the very least — emerged as a new priority for many. Meanwhile, the economic turmoil accompanying the pandemic gave city-dwellers reason toRead More →
Investors have plowed money into a new exchange-traded fund that tracks the sports betting and online gambling industries, even as professional competition remains closed. It’s a sign, industry-watchers say, of confidence in the longer-term outlook for the sector, as well as a reminder that many people are substituting play inRead More →
Dear Catey, My wife and I are 58. She will retire at 62 and I at 67. Our annual retirement income at 67 will be approximately $95,000 from Social Security, pensions and investments. We would like to find an affordable, friendly place to rent during the winter months, that isRead More →
I am in a tough moral situation and I don’t know what to do. My older sister and brother-in-law have been fighting about money for the past year or so. He is a big spender, not just for himself, but for the whole family, friends, and community. While they makeRead More →
Reykjavík — Life in Iceland is almost back to normal again. The curfews on gatherings and the social distancing mandates have been lifted; gyms, swimming pools and restaurants are reopening. Icelanders are traveling around the island again. Iceland will open its airports to tourism on June 15, and the peopleRead More →
R.S.R. Dear R.S.R., I hear you — it’s frustrating to read about people who get to live large in retirement when your reality (and frankly, most Americans’ reality) is very different. The average Social Security retirement benefit in 2019 was $1,470 a month or $17,640 a year, according to theRead More →
Dear Moneyist, I have an estranged husband, and we have been living separately for years. He has been filing taxes jointly without my knowledge AND now he has received my stimulus money AND my kids’ stimulus money. I can’t hire an attorney because I’m poor, and I live in aRead More →
Dear Moneyist, I received three direct deposits yesterday for $1,200 each for my kids, all of whom are under 17. They are aged 10, 10 and 15. We already received our $2,400 stimulus check. My wife is on permanent disability and she receives a Social Security payment monthly for them.Read More →
When Disney DIS, +0.47% announced its plans to reopen its theme parks at Walt Disney World in Florida later this summer, officials warned travelers of changes to theme park operations. But now the company has gone further, cancelling dining reservations and other perks. And Disney fans say they’re reconsidering theirRead More →
Premier League clubs have agreed to start contact training as preparations intensify for the resumption of English football. As part of ‘Project Restart,’ players and staff are being tested for coronavirus twice a week, with those testing positive forced to self-isolate for seven days. Earlier this week the Premier LeagueRead More →
Wendy’s Co. is known for its spicy Twitter feed, and the fast-food chain is turning up the heat on its competitors ahead of the launch of its breakfast menu. In the lead up, the company has taken aim at McDonald’s Corp. MCD, -2.79% and Burger King, a Restaurant Brands InternationalRead More →
Dear Moneyist, My parents, who are now deceased, had a living trust with a provision for creation of a new trust that would allow my brother and I to share the income from that trust during our lifetimes. When we both die, the principal from that trust is to beRead More →
March will see the full integration of FX into Hulu, as well as a handful of high-profile new series. Following last year’s acquisition of Fox Entertainment assets by Walt Disney Co. DIS, -4.29% , Hulu will now be the exclusive streaming home to most FX shows, past and present. WhileRead More →
Dear Catey, I am a 40-year-old law-enforcement officer and hope to retire in 13 or 14 years. At that time, I will have 30-plus years on the job with a pension giving me 70% of my current income with a cost-of-living annual percentage increase around 2% or 3%. Additionally IRead More →
Dear Moneyist, For most of his life, my father has lived a life of crime and drugs. He threw away every opportunity we gave him, financial or otherwise. He was never really around besides the odd note written on yellow legal paper that I would get from time to time,Read More →
