Facebook Inc. Chief Executive Mark Zuckerberg reportedly wanted to remove an incendiary post by then-candidate Donald Trump as far back as 2015, but was convinced instead to change Facebook’s rules to allow such posts in the name of political discourse. The Washington Post reported Sunday that Trump’s 2015 video postRead 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 →
© Reuters. Protesters rally against the death in Minneapolis police custody of George Floyd, in New York (Reuters) – The corporate response to a wave of protests over the treatment of African Americans has included pledges to increase diversity, donations to civil rights groups and, in some cases, changes inRead More →
Employer stock options remain a potentially valuable asset for recipient employees, especially when they work for start-ups or fast-growing enterprises. For example, many Silicon Valley millionaires got rich (or at least semi-rich) from exercising their employer stock options. However, complicated tax rules apply to folks who exercise company stock options.Read More →
The U.S. stock market seems risky now because valuations are rich, as sentiment marches higher. But there’s a fix for that: load up on disliked, cheap value stocks. By many measures, value stocks are lagging growth stocks by almost as much as they ever have in the past several decades. UsuallyRead More →
Dear Moneyist, I have been legally divorced for more than a year, but have yet to finalize the property settlement on our primary residence. My ex-husband continues to reside on our property and earns money through Airbnb by renting out rooms. Also see: ‘My husband’s kids hate me and refusedRead More →
Being rich isn’t all it’s cracked up to be. Just ask Andre Iguodala. Here’s what the 15-year NBA veteran tweeted Monday night: “Life would be simpler in a one bedroom apt with a Prius and some golf clubs…. money overrated” Which of course led to many of his Twitter followersRead More →
Dear Moneyist, My daughter, who lives in Houston, co-signed a student loan for her then-boyfriend several years ago. He promptly quit making payments and she has been making the payments to keep her credit score high. I realize that she is now stuck, but is there any way that theRead More →
Don’t miss these top money and investing features: Workers who diligently put away money from their paycheck into a 401(k) retirement plan expect that acting responsibly will provide greater financial security in old age. Unfortunately, that’s not the case for many savers. Just as there’s a cavernous, growing gap betweenRead 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 →
© Reuters. Visitors look at a Ford F-150 pickup displayed at the China International Import Fair (CIIE) in Shanghai By Yilei Sun and Norihiko Shirouzu SHANGHAI (Reuters) – Ford Motor Co (N:) will consider building Ford-branded pickup trucks in China if restrictions on driving pickups in cities are relaxed andRead More →
© Reuters. A “UAW On Strike” sign is seen during a rally outside the shuttered GM Lordstown Assembly plant during the United Auto Workers national strike in Lordstown, Ohio DETROIT (Reuters) – General Motors Co (N:) and the union that represents its 48,000 striking hourly workers in the United StatesRead More →
LeBron James has made $272 million so far in his career, and is set to make another $117 million by the time his current contract with the Los Angeles Lakers ends in 2022. And he has delivered, winning three NBA championships and four NBA MVP awards, among many other accolades.Read More →
When Kristin Morrison was in her mid-20s, she had no idea what she wanted to do with her life. It was the mid-1990s. She had no career and no direction. She was living in Tiburon, Calif., just across the Golden Gate Bridge from San Francisco, taking classes and trying toRead More →
Happy Tuesday, MarketWatchers. Don’t miss these top stories: Personal Finance This 50-year old dogwalker retired after making over $1 million — working just three days a week Kristin Morrison started a business doing what she loves. This man paid off $10,000 in credit-card debt after having a revelation (at theRead More →
Let’s just say sympathy is in short supply. In a clear example of extreme American consumerism, one profligate man, using the online handle Slavikfill, was looking for tips on how to stretch his household income of $500,000 a year when he posted his monthly budget on Reddit. “My wife andRead More →
The workplace is getting even more flexible. Seven in 10 employers are struggling to find qualified applicants in a tight labor market with record-low unemployment, a new survey finds, and many are offering work-life perks to entice job seekers. More than half (61%) of human-resources professionals say they offer someRead More →
Happy Tuesday MarketWatchers. Don’t miss these top stories: Facebook’s cryptocurrency Libra may be a red line some people will refuse to cross Some social-media users regard Mark Zuckerberg’s financial-services ambitions with skepticism. This father paid $400,000 to get his child into Georgetown, but his son said he didn’t know —Read More →
Happy Monday, MarketWatchers. Don’t miss these top stories: Personal Finance The filthy mistake you’re likely making in the kitchen — and its simple $14 solution Wood, bamboo or plastic? We show you the best cutting board for your money. One Tony award made history — but it also exposes aRead More →
Not all savings accounts are created equal — and most Americans have the wrong ones. Nearly 70% of Americans have savings accounts paying less than 2% interest, according to a survey of 1,000 consumers conducted by personal-finance website Bankrate. One in five consumers earns less than 1% annual percentage yieldRead More →
Federal regulators cautioned three companies to stop making their “unsubstantiated advertising claims” on all the alleged benefits of CBD products, ranging from oils to soft gels to gummies. The joint warning letters from the Food & Drug Administration and the Federal Trade Commission urged the three companies to rethink howRead More →
The “Amazon effect” is still buffeting Northern Virginia. But instead of disrupting industries and putting brick-and-mortar stores out of business, the retail behemoth is dashing the hopes of home buyers. The infographic above shows just how frenzied the market in Alexandria City, Arlington County, Fairfax County, Fairfax City, and FallsRead More →
Love & Money is a MarketWatch series looking at how our relationship with money impacts our relationships with significant others, friends and family. Limiting your children’s Instagram FB, +2.32% time could help keep them healthier. Social-media “influencers” can drive kids to consume unhealthy foods, according to a new study inRead More →
For the first time in two years, Americans’ satisfaction with their personal finances appears to have worsened. And stock market volatility is the likely culprit. In the fourth quarter of 2018, the average American’s personal-financial satisfaction fell off an all-time high, a report released Thursday by the American Institute ofRead More →
Starbucks Corp. is scheduled to report first-quarter 2019 earnings on Thursday after the closing bell and while RBC Capital Markets analysts are bullish about the North American business revival, there are questions about China. RBC is forecasting for 3% same-store sales growth in the Americas for the quarter, while FactSetRead More →
