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 →
A new digital trading card series on the WAX blockchain — Blockchain Heroes — will feature 50 unique superheroes inspired by top influencers, inventors and content creators throughout the blockchain community. The series, developed by co-hosts of The Bad Crypto Podcast, Joel Comm and Travis Wright, is a comedic parodyRead More →
The market says Google parent company Alphabet Inc. is worth $1 trillion, but investors who have tried know that putting a sustainable valuation on this company is mighty difficult. Alphabet is a confusing company — even figuring out that $1 trillion market cap, which the company surpassed for the firstRead More →
© Reuters. Renault, Nissan and Mitsubishi chiefs hold a news conference in Yokohama By Sarah White and Gilles Guillaume PARIS (Reuters) – Renault (PA:) Chairman Jean-Dominique Senard said on Thursday there was a “real desire” at the helm of the carmaker’s alliance with Nissan to make it a success, dismissingRead More →
Happy Monday, MarketWatchers. Don’t miss these top stories: Personal Finance Amazon CEO Jeff Bezos, worth $117 billion, is getting burned online for only donating $690,000 to Australian wildfire relief Metallica is donating $750,000, and Kylie Jenner is giving $1 million. ‘Real Housewives’ TV mogul wants to broker a deal withRead More →
Don’t miss these top stories: ‘Meghan Markle found out she would be a civil servant in a tiara.’ How Meghan and Harry’s American adventure will make them rich beyond their wildest dreams With advice from friends like Oprah, the royal couple will likely follow the Obamas’ lucrative post-White House careerRead More →
© Reuters. Israel’s Harel, Canada’s Manulife to invest in U.S. real estate TEL AVIV (Reuters) – Israel’s Harel Insurance Investments and Financial Services (TA:) said on Wednesday it would invest up to $1.2 billion together with Canada’s Manulife Investment Management in U.S. real estate. Manulife Investment Management is the investmentRead More →
Indicators don’t always a pattern make. Every few weeks, most of us who work in financial services must digest a new set of data that measure various parts of the U.S. economy. For example, new U.S. residential home sales in September were up almost 16% over the past year (whereas housing starts were upRead More →
Don’t miss these top money and investing features: Getty Images For most people, owning a house is the single most-expensive purchase they’ll ever make. But a home is a place to live, not an investment. If you do make money when you sell, great. Typically, though, home ownership is aboutRead More →
Yes, stock investors, there is no “Santa Claus rally.” Don’t tell that to Wall Street though, where talking heads already have started dangling the prospect of such a rally in front of clients. They’re just as shameless as the retailers who start Christmas sales earlier and earlier every year. WhileRead More →
‘I’m a conservative Republican and I believe climate change is real. It’s time for my fellow Republicans in Congress to stop treating this environmental threat as something abstract and political and recognize that it’s already affecting their constituents in their daily lives.’ So begins a Wednesday op-ed from Rep. FrancisRead More →
Apple’s new iPhone SE2 is stunning. The slim, elegant successor to the defunct SE clocks in at less than 5 inches long and 2½ inches wide. It’s 40% smaller and lighter than a flagship iPhone such as the XR and XS Max. But, thanks to the new edge-to-edge design, thisRead More →
The colonel’s secret recipe has gone meatless. Kentucky Fried Chicken is selling fake fried chicken at one of its Atlanta locations to test customer demand, the latest instance of a fast-food restaurant partnering with plant-based protein maker Beyond Meat BYND, +1.30%. Demand for plant-based proteins has soared among restaurant dinersRead More →
Don’t miss these top money and investing features: MarketWatch stories resonating with readers this past week include a look at whether stocks or real estate will be a more lucrative place for your money over the next 10 years. Also, check out why corporate insiders are buying their company’s stockRead More →
Some $14 trillion in government debt now offers negative yields and the U.S. could soon be a part of that legion, according to Joachim Fels, a global economic adviser for Pimco. In a blog post dated Aug. 6, the adviser said escalating trade tensions between the U.S. and China couldRead More →
The Federal Reserve’s interest rate cut this week is not the real reason why U.S. stocks are falling. The real culprit is the exuberant mood that has captured Wall Street in recent weeks, which in turn made the stock market vulnerable to a big drop. The Fed’s decision was littleRead More →
Perfect. Just perfect. It turns out that Kamala Harris is no big fan of federally mandated “busing” to integrate schools. The California senator pointedly refused to back the policy under questioning last week. Yes, the same person who slammed Joe Biden during the previous week’s Democratic presidential debate — orRead More →
© Reuters. People work on a construction site to build a new apartment building in Los Angeles, California By Sinéad Carew (Reuters) – The once-sleepy U.S. real estate sector could be poised to continue its revival into the second half of 2019 but investors are selective in their bets onRead More →
© Reuters. U.S. flags fly outside of Saks Fifth Avenue in New York By Jessica DiNapoli and Harry Brumpton (Reuters) – The success of Hudson’s Bay Co Executive Chairman Richard Baker’s $1.3 billion bid to take the department store operator private hinges on whether an independent valuator will view theRead More →
They take their drinking to a higher degree. A fascinating new visualization from Visual Capitalist that examines Americans’ spending data from the Bureau of Labor Statistics shows what Americans of varying education levels spend their money on. And while there are a number of interesting takeaways, one thing that sticksRead More →
A trade war with China that is possibly escalating is not the real reason why the U.S. stock market has performed so poorly in recent weeks — including the 286-point decline in the Dow Jones Industrial Average on Thursday of this week. The culprit is the remarkable complacency of short-termRead More →
Bloomberg News/Landov The Redfin Direct program will enable buyers to make offers on properties directly, with no representation, thereby saving money for both buyer and seller. Redfin, the national real estate brokerage, is introducing a new venture that enables house hunters to buy properties without representation, saving commission fees forRead More →
The yield curve is first and foremost predicting the outlook for Fed policy rather than the next recession. My research has confirmed this conclusion, as does a recent Fed study. In my recent book, Predicting the Markets, I wrote: “The Yield Curve Model is based on investors’ expectations of how theRead More →
Getty Images The economy is not growing as fast as it was last year, but a strong labor market means the good times aren’t likely to end anytime soon. Forget a seemingly miserable December for the U.S. economy or the dreary start in 2019: What really matters is whether businessesRead More →
Love & Money is a MarketWatch series looking at how issues surrounding money impact our relationships with significant others, friends and family. Married couples are making room for roommates. Sometimes, multiple roommates. Just ask Kelsey Riley Dixon. The 29-year-old business owner and her husband, a semi-pro kayaker, share a four-bedroomRead More →
