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 →
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 →
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 →
Chalk this up to another way the rich are different from you and me. When wealthy people think about how much of their investment portfolio should be in equities, the most-cited factor influencing their decision is advice from their financial adviser. When investors from all rungs of the incomeRead More →
With all the rest of the news, it is easy to forget that the President’s proposal to delay the payment of social security contributions came into force on 1 September. Specifically, for employees earning less than $104,000, employers could stop withholding 6.2 percent of the employee’s share of socialRead More →
Until recently, most Americans believed that the United States should play a leading role on the global stage. However, the political landscape has changed. Only 53 percent of Americans now believe that taking an active role in the world is a good thing. Among Republican or Republican-leaning voters, thatRead More →
MARKETWATCH PHOTO ILLUSTRATION/ISTOCKPHOTO|, CROWDSTRIKE CrowdStrike Holdings Inc. shares retreated from 2020’s meteoric rise in the extended session Wednesday after the cloud-based cybersecurity company topped Wall Street estimates, with more businesses seeking to protect their systems as employees work from home. On a conference call, CrowdStrike CRWD, -1.12% co-founder andRead More →
India’s Tata Group is reportedly looking to roll out a “super app” that will pit it against rivals, including Amazon AMZN, +1.13% and billionaire Mukesh Ambani-controlled Reliance Industries, in one of the world’s fastest-growing e-commerce markets. The new digital platform, which is scheduled to launch in India in DecemberRead More →
Since Americans tightened their belts during the coronavirus pandemic, total household debt has fallen quarterly for the first time since 2014. The Federal Reserve Bank of New York reported that total household debt fell by $34 billion in the second quarter, a decrease of 0.2%. This is the largest declineRead More →
Less than a week after the Government Accountability Office said the Internal Revenue Service had reduced stimulus checks to 1.1 million dead, a report released Monday by Erin Collins, the National Taxpayer Advocate, said the federal tax collector also sent about 74,000 checks to people who were locked upRead More →
Stay safe, MarketWatchers, and don’t miss these top stories: Personal finance Almost 1 in 3 Americans feel less patriotic this July 4th Fewer people are celebrating the Fourth of July or spending money on the holiday this year, surveys find What financial advisers have been doing with their clients’ moneyRead More →
Factors such as age and underlying health conditions such as diabetes can put you at a higher risk of contracting coronavirus, according to the U.S. Centers for Disease Control and Prevention. But one more factor that could affect your chances of getting coronavirus is your blood type, at least accordingRead 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 →
Usually, I love the summer. As a college professor and department chair, normally I’m done teaching by June, and my time is taken up by scholarly and administrative duties: Doing research, advising doctoral students, staffing classes for the fall. As a professional musician, I also typically take advantage of theRead More →
Slack Technologies Inc. revenue topped $200 million in a quarter for the first time, but the stock still sank hard in the extended session Thursday afternoon after closing at record highs in recent days. Slack reported a loss of $74.4 million, or 13 cents a share, on revenue of $201.7Read 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 →
The COVID-19 outbreak appears headed for the U.S., and the Centers for Disease Control and Prevention are urging Americans to prepare now, such as by stocking up on food and prescription drugs. But since the U.S. economy and its workforce are also at risk of getting sick — a concernRead 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 →
Sometimes it’s easy to think that new cars are just too expensive. You may hear that the average new car transaction price is in the mid- to high-$30,000 range and get discouraged at the thought of not being able to afford a new car, but remember that these figures factorRead 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, My spouse hides his money and all of his investments are hidden. I have lived in Boston since 2006. I moved from New York and gave up my job of 16 years because we got married and I relocated, leaving my two adult children, who were 21 andRead More →
Happy Thursday MarketWatchers. Don’t miss these top stories: Barron’s wants to recognize people and organizations whose products, services, or education programs are making an impact to improve the financial health of individuals across the U.S. Be sure to head to barrons.com/celebrates for more information and to submit a nomination byRead More →
Happy Tuesday, MarketWatchers! Don’t miss these top stories covering personal finance. Barron’s wants to recognize people and organizations whose products, services, or education programs are making an impact to improve the financial health of individuals across the U.S. Be sure to head to barrons.com/celebrates for more information and to submitRead More →
Amazon CEO Jeff Bezos is reportedly paying $165 million for a palatial Beverly Hills mansion, and, according to SEC filings, with that sum the Amazon AMZN, -0.70% founder could have footed the entire 2019 federal tax bill his company is planning to pay this year. He’d have $3 million leftRead 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 →
