Marketwatch

A new tax on these companies would help Washington shrink the deficit

This month, the U.S. Treasury Department made two ominous announcements: that it will no longer require shell companies to identify who owns them, and that the U.S. federal debt has hit $40 trillion....

1 hour ago

Is my wealth manager’s fee too high? I’m paying 1.2%, but he’s not doing much.

“He doesn’t seem to be protecting me from market downturns.”...

1 hour ago

How Foot Locker went from a sneakerhead destination to a store struggling to get rid of old shoes

Dick’s Sporting Goods has faced challenges fixing Foot Locker since acquiring it last year. Some skeptics are asking: “Why buy it in the first place?”...

1 hour ago

Copper’s record run is sending three clear messages about the state of financial markets today

Copper just hit a fresh record, while one ETF tracking the metal is up nearly 20% in August and on pace for its best month on record....

3 hours ago

CrowdStrike’s stock has jumped after record-breaking earnings. Wall Street is lapping it up.

A number of Wall Street banks, including Jefferies, raised their price targets for the cybersecurity’s stock following its record-breaking results....

3 hours ago

Salesforce stock is jumping. What Wall Street is saying about its earnings and its Anthropic relationship.

Shares in the software company climbed in premarket trading. Citigroup and Jefferies both lifted their price targets for the stock....

6 hours ago

Why these analysts say bitcoin will double by next year — and could reach $500,000 at the end of the decade

Bitcoin has had a revival lately. Bernstein analysts think the cryptocurrency is headed for a new high of $300,000 by 2029....

6 hours ago

Nvidia stock is climbing after another set of blockbuster results. Here’s what Wall Street is saying.

Shares of Nvidia rose in premarket trading on Thursday. Goldman Sachs and Citigroup raised their price targets for the stock....

7 hours ago

Second straight rate hike for Asia’s number-three economy as Nvidia-led AI expansion continues

The Bank of Korea tightened monetary policy by 25 basis points to 3% Thursday while simultaneously raising growth forecasts. Asia’s third-largest economy is being powered by an AI boom that Nvidia’s s...

7 hours ago

My mother, 91, has dementia. Every bank says I need her signature to unlock her $100,000 stock certificate. What can I do?

“These shares are the only assets in her estate without designated beneficiaries.”...

7 hours ago

Ozempic maker Novo Nordisk downgraded to sell after 70% stock-price dive from peak

While Ozempic maker Novo Nordisk has fallen on tough times, Wall Street analysts have still been reluctant to advise investors to sell the stock, until Deutsche Bank lowered the boom on Thursday....

8 hours ago

What to know about Hugging Face, the open-source AI startup reportedly catching Nvidia’s eye

New reports outline deal talks between the two companies as open-source AI technology comes more into focus....

13 hours ago

Fed’s Lisa Cook denies committing mortgage fraud, says Trump has no grounds to remove her from office

Cook’s lawyer says she made an inadvertent error listing her apartment in Atlanta as a primary residence...

16 hours ago

CrowdStrike’s stock soars after AI fuels the cybersecurity company’s ‘best quarter in history’

Shares of CrowdStrike Holdings were roaring after the cybersecurity company revealed a record-breaking quarter, one partially boosted by fears about the power of artificial intelligence....

19 hours ago

Salesforce’s stock surges as AI momentum fuels revenue growth

Salesforce cleared Wall Street’s second-quarter expectations and deepened its ties with AI lab Anthropic....

20 hours ago

I just had my first baby and don’t want to go back to work. Is quitting for a year a bad idea?

“I really don’t want to miss my baby’s first year.”...

21 hours ago

Two-thirds of parents are failing at this vital safety measure for their children

Here’s why most parents balk at this legal task....

23 hours ago

The ugly math on interest expenses, yields and the $40 trillion U.S. national debt

“The interest payments are starting to snowball,” said Joe Boyle at Hartford Funds....

1 day ago

Bill Gates issues a stark warning about AI — and Americans increasingly share his concerns

The Microsoft co-founder is urging technology leaders and government officials to better acknowledge the risks AI poses to jobs and human connections....

1 day ago

China is collecting on old debts but won’t pay its own

China’s leaders are working to recoup hundreds of billions of dollars worth of unpaid taxes. At the same time, the country is defaulting on a significant obligation....

1 day ago

12 stocks for ‘bottom-fishing’ investors looking for cheap growth opportunities

Companies with stocks near 52-week lows that analysts expect to roar back include Dick’s Sporting Goods, McDonald’s and L3Harris....

1 day ago

Meta’s stock gives up gains as Wall Street digests settlement in social-media addiction trial

The social-media giant agreed to pay up to $16.68 billion as part of the settlement....

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S&P 500 is expected to reach fresh highs this year — but Barclays warns of risks

Strategists at the bank warn of rising macroeconomic volatility, capital-supply concerns related to artificial intelligence and uncertainty over the U.S. midterm elections....

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U.S. inflation rises again and stays well above Fed’s target. Rate hike might be in play.

The main inflation gauge used by the Federal Reserve to set U.S. interest rates rose at an elevated rate in July, potentially pushing the Federal Reserve closer to a vote to raise interest rates next ...

1 day ago

Wall Street’s biggest optimist says ‘I wouldn’t jump into the AI trade right now’

Ed Yardeni, who has been called the most bullish person on Wall Street, says he hasn’t been bullish enough on the stock market....

1 day ago

I’m 56 with $1.4 million and want to retire in 5 years. Do I move to California, New York or overseas?

“How do I prepare for market drops or crashes just before or after retirement?”...

1 day ago

Wall Street’s massive bet against long-term bonds is a recipe for a painful bearish unwind, says Citadel Securities

Citadel Securities’ strategist Frank Flight says a bet that appears to be one-sided against long-term bonds could be setting up for a painful unwind....

1 day ago

Does a 2% beneficiary inherit 100% if the 98% beneficiary dies in a car accident? Asking for a friend.

“I’m curious what would happen if the account owner were to die suddenly at the same time as the 98% beneficiary.”...

1 day ago

Customers are fleeing TurboTax over price, and Intuit’s stock is sliding

Cost-conscious customers giving up on TurboTax sent Intuit shares sliding in early Wednesday trade....

1 day ago

‘The relationship quickly deteriorated’: My friend’s lawyer settled his injury case without his consent. What can he do?

“His former lawyer is now holding the settlement funds, maintaining that he is entitled to attorney’s fees.”...

1 day ago

Japan got caught in the tech selloff. Now it’s time to buy the dip, says strategist.

A research firm says there are cyclical, fundamental and technical reason to buy Japanese stocks....

1 day ago

SAP stock slumps as UBS downgrades stock on ‘slow’ move into AI

SAP stock slumped on Wednesday, making it the worst-performing large-cap European stock, after a UBS analyst criticized the German database giant’s slow rollout of artificial-intelligence-based tools....

1 day ago

Oil prices extend slide as Iran and Oman eye temporary Hormuz deal

West Texas Intermediate and Brent crude’s October contracts declined by almost 7% and 9% in five days, respectively....

1 day ago

Are older Americans spoiling the economy for everyone else?

How to get seniors to spend $12 trillion in home equity....

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Callaway Golf’s apology for ad showing woman being shoved to the ground exposes a major industry blind spot

The viral ad shows a male golfer pushing a female golfer to the ground. Since 2019, women and girls made up nearly 60% of net golfer growth....

1 day ago

Tax tips for TikTok stars, after judge says influencer can’t write off his Grammy tickets

3 tax pitfalls for ‘influencers’ — and tips to avoid them that could help all taxpayers....

1 day ago

Options traders are betting on the quietest Nvidia earnings reaction in years. It could be an opportunity for AI bulls.

Nvidia’s quarterly earnings announcement has been a major stock-market event ever since the AI boom began in earnest with the introduction of ChatGPT in late 2022....

1 day ago

Has AI gotten any better at stock picking?

Beating the market is difficult, even with AI’s help....

1 day ago

U.S.-Canada trade war threatens to worsen inflation for both economies. Neither can afford it.

An actual trade war with Canada would undoubtably hurt the smaller neighbor to the north, economists say, but the U.S. wouldn’t escape entirely unscathed....

1 day ago

This chart shows exactly why investors should worry about rising yields — even if they don’t own any bonds

Strong earnings growth over the past few quarters has helped lift U.S. stocks into record territory. Now, rising Treasury yields are threatening to temporarily derail the rally....

1 day ago

SpaceX to build Musk’s vision for a spaceport that until now ‘only existed in science fiction’

SpaceX says it will invest $100 billion to launch thousands of rockets from “Starbase, Louisiana,” with construction set to start in 2027....

1 day ago

Here’s where it takes new homeowners almost 40 to 50 years to break even on buying a house

In some markets, renting and investing can build wealth faster than buying a house....

1 day ago

This driverless-truck company could be a ‘long-term winner’ in a market Tesla plans to enter soon

Kodiak AI logged more than 40,000 paid driverless hours through the second quarter and is pushing to offer driverless highway operations by the end of 2026....

1 day ago

‘It’s the ultimate regifting’: My mom gave me a house. Should I transfer it back to her to reduce capital gains?

“The property is very old and requires significant ongoing maintenance.”...

2 days ago

5 cheap U.S. cities to retire in — if you can deal with this one thing

You don’t have to leave the country to find an affordable place that matches your retirement vision....

2 days ago

These growth stocks are still cheap, despite the S&P 500 being near a record high price-to-sales valuation

These are three of the 11 stocks among the S&P 500 that passed a screen, trading below their long-term average price/sales ratios, with estimates for very strong revenue growth through 2028....

2 days ago

Home prices in Chicago have risen the most in the U.S. over the past year

Nationally, home prices are rising at a slow pace as housing inventory remains relatively low. But some markets, particularly in the Midwest, are seeing big gains....

2 days ago