Top Financial News provided by CBS Marketwatch©
- What's Worth Streaming: Here’s what’s coming to Hulu in August 2021, and what’s leavingGet ready for Nicole Kidman in 'Nine Perfect Strangers,' Steve Martin in 'Only Murders in the Building' and much more.
- NewsWatch: Nasdaq 15,000 is near. Do I hear 30,000?How the Nasdaq Composite could eclipse the Dow in points in 10 years.
- Financial Crime: Nikola electric-truck prototypes were powered by hidden wall sockets, towed into position and rolled down hills, prosecutors sayProsecutors said the prototypes didn’t function and were Frankenstein monsters cobbled together from parts from other vehicles.
- : My parents had drug and alcohol addiction. My ailing mother got sober, but now overspends and gambles. She wants to move in. What do I owe her?'She is my mother. I do care about her, and don't want to see anything bad happen to her.'
- The Moneyist: My brother and I each invested $10K in a home 10 years ago. Now I want out. How much do I get back?‘Had I received $10,000 out during his original refinancing eight years ago, that money would have grown either in savings or in the stock market.’
- The Moneyist: My girlfriend cosigned my mortgage. I paid the mortgage for 4 years, plus a $125,000 down payment. She paid the utilities. Now she wants half‘I think I snookered myself. Please help.’
- NewsWatch: Nasdaq 15,000 is near. Do I hear 30,000?How the Nasdaq Composite could eclipse the Dow in points in 10 years.
- The Moneyist: My daughter no longer speaks to me or my husband, and mocked our family values. Do we cut her out of her $2 million inheritance?‘She has told us that we are toxic parents, and she doesn’t need the stress we create for her with our beliefs.’
- Market Snapshot: Home prices could cool when the Fed tapers its bond-buying program. But a crisis? Unlikely.Home prices shot up dramatically during the pandemic. Can the good times last when the Fed eventually cuts back on buying mortgage and Treasury bonds?
- NewsWatch: Nasdaq 15,000 is near. Do I hear 30,000?How the Nasdaq Composite could eclipse the Dow in points in 10 years.
Get ready for Nicole Kidman in 'Nine Perfect Strangers,' Steve Martin in 'Only Murders in the Building' and much more.
How the Nasdaq Composite could eclipse the Dow in points in 10 years.
Prosecutors said the prototypes didn’t function and were Frankenstein monsters cobbled together from parts from other vehicles.
'She is my mother. I do care about her, and don't want to see anything bad happen to her.'
‘Had I received $10,000 out during his original refinancing eight years ago, that money would have grown either in savings or in the stock market.’
‘I think I snookered myself. Please help.’
How the Nasdaq Composite could eclipse the Dow in points in 10 years.
‘She has told us that we are toxic parents, and she doesn’t need the stress we create for her with our beliefs.’
Home prices shot up dramatically during the pandemic. Can the good times last when the Fed eventually cuts back on buying mortgage and Treasury bonds?
How the Nasdaq Composite could eclipse the Dow in points in 10 years.
Wall Street Journal Market News©
- Chile Workers at World's Biggest Copper Mine Vote to StrikeThe move potentially risks supply disruptions of a key metal as the world’s economy continues to recover from the impact of the coronavirus pandemic.
- Fired Executive Says Deutsche Bank's DWS Overstated Sustainable-Investing EffortsThe bank’s asset-management arm has struggled to define and implement an ESG strategy, according to its former sustainability chief and internal emails and presentations.
- Investors Bet Price Pressures Will EaseInflation has vexed money managers this year, yet markets are starting to signal that investors may be growing less fearful of price trends.
- Robinhood Sold IPO Shares to Over 300,000 of Its CustomersUsers representing about 1.3% of the company’s funded accounts participated in Robinhood’s initial public offering earlier this week, according to numbers provided by the online brokerage.
- A Popular Bet on Chinese Growth Is Falling Out of FavorChina’s role as a key driver of the Australian dollar is being re-evaluated in global markets, helping send the currency to levels well below where traditional modeling suggests it should be.
- How a Landlord Making $75,000 a Year Could End Up in the Millionaire Tax BracketPaul Settle hoped to retire on the proceeds from the sale of his rental property. President Biden’s proposal to raise capital-gains taxes has put his plans in limbo.
- China Tech Selloff Resumes, Adding to Month of Huge LossesInvestors are reeling from drastic moves against the after-school tutoring sector, one in a series of government salvos.
- Amazon, Robinhood, Disney: Stocks That Defined the WeekHere are seven major companies whose stocks moved on the week’s news.
- SEC to Set New Disclosure Rules for Chinese Company IPOsU.S. regulators will require additional disclosures from Chinese companies before allowing them to sell shares in the U.S., Securities and Exchange Commission Chairman Gary Gensler said.
- Robinhood Stock Sale Soured By Investor ConfusionThe trading platform’s commitment to “democratizing” the IPO process may have played a role in the offering’s big initial stumble Thursday.
- Record Lumber Prices Deliver Sawmills a WindfallForest-product firms notched record profits during the spring quarter, when wood prices surged thanks to the pandemic forest-product frenzy.
- U.S. Stocks Slide After Strong Month of GainsU.S. stocks edged lower, although major indexes held on to their gains for the month.
- Investors Rethink China Bets After Beijing Crackdown Triggers Stock RoutThe widening regulatory crackdown by Beijing wiped some $400 billion off the value of U.S.-listed Chinese companies this month.
- Stress Tests Show European Banks Would Survive Severe RecessionThe results pave the way for EU-based banks to resume paying dividends after a ban on them when the pandemic started.
- Exxon Can't Catch a BreakExxonMobil posted strong results as oil demand and prices bounced back. Questions regarding long-term strategy still cloud its valuation.
- Should You Be Buying What Robinhood Is Selling?The popular trading app isn’t the first to sell a piece of itself to its own customers. Investors who jumped on prior brokerage-firm IPOs often ended up shooting themselves in the foot.
- Ontario Pension Fund, Goldman Sachs Agree to Buy Covid-19 Test ProviderThe deal to buy a majority stake in Germany-based Amedes, which provides medical-diagnostic services, is expected to close by the end of the year.
- U.S. Crypto Traders Evade Offshore Exchange BansHundreds of Americans are trading risky crypto derivatives on offshore exchanges such as FTX and Binance, according a new report that sheds light on how U.S. traders can easily bypass measures that seek to block them from offshore exchanges.
- Amazon's New Boss Stays Off the LineAndy Jassy continues Jeff Bezos’ tradition of staying off earnings calls.
- Binance to Wind Down Derivatives Offerings in Parts of EuropeThe world’s largest cryptocurrency exchange will cease offering futures and derivatives products to investors in Germany, the Netherlands and Italy, amid a growing global crackdown by regulators.
The move potentially risks supply disruptions of a key metal as the world’s economy continues to recover from the impact of the coronavirus pandemic.
The bank’s asset-management arm has struggled to define and implement an ESG strategy, according to its former sustainability chief and internal emails and presentations.
Inflation has vexed money managers this year, yet markets are starting to signal that investors may be growing less fearful of price trends.
Users representing about 1.3% of the company’s funded accounts participated in Robinhood’s initial public offering earlier this week, according to numbers provided by the online brokerage.
China’s role as a key driver of the Australian dollar is being re-evaluated in global markets, helping send the currency to levels well below where traditional modeling suggests it should be.
Paul Settle hoped to retire on the proceeds from the sale of his rental property. President Biden’s proposal to raise capital-gains taxes has put his plans in limbo.
Investors are reeling from drastic moves against the after-school tutoring sector, one in a series of government salvos.
Here are seven major companies whose stocks moved on the week’s news.
U.S. regulators will require additional disclosures from Chinese companies before allowing them to sell shares in the U.S., Securities and Exchange Commission Chairman Gary Gensler said.
The trading platform’s commitment to “democratizing” the IPO process may have played a role in the offering’s big initial stumble Thursday.
Forest-product firms notched record profits during the spring quarter, when wood prices surged thanks to the pandemic forest-product frenzy.
U.S. stocks edged lower, although major indexes held on to their gains for the month.
The widening regulatory crackdown by Beijing wiped some $400 billion off the value of U.S.-listed Chinese companies this month.
The results pave the way for EU-based banks to resume paying dividends after a ban on them when the pandemic started.
ExxonMobil posted strong results as oil demand and prices bounced back. Questions regarding long-term strategy still cloud its valuation.
The popular trading app isn’t the first to sell a piece of itself to its own customers. Investors who jumped on prior brokerage-firm IPOs often ended up shooting themselves in the foot.
The deal to buy a majority stake in Germany-based Amedes, which provides medical-diagnostic services, is expected to close by the end of the year.
Hundreds of Americans are trading risky crypto derivatives on offshore exchanges such as FTX and Binance, according a new report that sheds light on how U.S. traders can easily bypass measures that seek to block them from offshore exchanges.
Andy Jassy continues Jeff Bezos’ tradition of staying off earnings calls.
The world’s largest cryptocurrency exchange will cease offering futures and derivatives products to investors in Germany, the Netherlands and Italy, amid a growing global crackdown by regulators.
