Top Financial News provided by CBS Marketwatch©
- NewsWatch: As rising Treasury yields spook stock investors, March looms like a lionAfter a frenetic February, investors are probably hoping that March holds true to its proverb: In like a lion out like a lamb.
- Where Should I Retire?: This 57-year-old said ‘screw this’ to San Francisco — and retired to ‘delightful’ Albuquerque, where she slashed her expenses by 70% The pros and cons of retiring to the setting of ‘Breaking Bad’
- The Moneyist: My fiancé wants me off the deed and mortgage to our new home. If I don’t agree, he says we’ll stay engaged forever ‘The house is appreciating daily due to its location, and he wants his children to inherit it. He wants me to pay rent, which essentially leaves nothing for my children.’
- : Charlie Munger says it’s ‘really stupid to have a culture which encourages [so] much gambling in stocks’Warren Buffett’s business partner and vice chairman of Berkshire Hathaway, in a Wednesday interview with Yahoo Finance, said the GameStop chaos was encouraged by a gambling mentality on Wall Street.
- : Federal judge says CDC’s eviction moratorium is unconstitutional, but advocates argue that renters are still protectedThe nationwide eviction ban remains in effect for now, but the judge could issue an injunction in the future.
- Market Extra: 3 reasons the rise in bond yields is gaining steam and rattling the stock marketInflation fears, an inactive Federal Reserve and forced selling are cited as some of the forces accelerating the bond yield surge this week.
- : There’s a hidden financial drawback to remote workingThe rise of remote working may provide workers freedom to live where they want --- but that doesn’t mean they’re saving money.
- Realtor.com: Vice President Kamala Harris Sells Her San Francisco Condo for a Big ProfitThe nation's newest vice president is unloading her San Francisco condo — and she's getting a very good price.
- Vitaliy Katsenelson's Contrarian Edge: These 2 pipeline stocks are undervalued and pay a fat dividendValue-stock manager taps Magellan Midstream Partners and Enterprise Products Partners
- BookWatch: Reassess your life and career every 7 years by asking these 3 questionsHere's a response to feeling burned out at work or depleted by relationships.
After a frenetic February, investors are probably hoping that March holds true to its proverb: In like a lion out like a lamb.
The pros and cons of retiring to the setting of ‘Breaking Bad’
‘The house is appreciating daily due to its location, and he wants his children to inherit it. He wants me to pay rent, which essentially leaves nothing for my children.’
Warren Buffett’s business partner and vice chairman of Berkshire Hathaway, in a Wednesday interview with Yahoo Finance, said the GameStop chaos was encouraged by a gambling mentality on Wall Street.
The nationwide eviction ban remains in effect for now, but the judge could issue an injunction in the future.
Inflation fears, an inactive Federal Reserve and forced selling are cited as some of the forces accelerating the bond yield surge this week.
The rise of remote working may provide workers freedom to live where they want --- but that doesn’t mean they’re saving money.
The nation's newest vice president is unloading her San Francisco condo — and she's getting a very good price.
Value-stock manager taps Magellan Midstream Partners and Enterprise Products Partners
Here's a response to feeling burned out at work or depleted by relationships.
Wall Street Journal Market News©
- Warren Buffett Defends Berkshire Hathway's $25 Billion in BuyBacksThe conglomerate’s fourth-quarter profits rose to $35.8 billion on the back of a soaring stock market. For the year, Berkshire bought back nearly $25 billion in shares.
- Stocks Cap Losing Week as Bond Yields JumpRising bond yields blunted U.S. stocks’ market momentum this week despite signs of an improving American economy.
- Fidelity's Charitable Arm Wins in Hedge-Fund Founders' LawsuitMalcolm and Emily Fairbairn failed to prove their allegations that Fidelity broke its promises or engaged in negligent trading, a U.S. magistrate judge ruled.
- NYSE Moves to Delist Chinese Oil CompanyTrading in Cnooc will be halted March 9 as the Biden administration lets a Trump-era executive order targeting certain Chinese firms stand.
- Mortgage IPO Boom WanesInitial public offerings for mortgage lenders haven’t worked out the way all the companies were hoping.
- Robinhood in Talks to Settle Probes Into Trading Practices, OutagesThe stock-trading app may pay a fine as it deals with investigations into its handling of options trades and outages it suffered in March 2020.
- U.S. Treasury Yields StabilizeThe yield on the benchmark 10-year Treasury note settled at 1.459%, according to Tradeweb, down from 1.513% at Thursday’s close.
- Cinemark Shines Without the DramaMove-theater chain Cinemark has been overshadowed by the attention investors have focused on competitor AMC Entertainment, but Cinemark’s comparatively boring show might be more worth tuning in to.
- Investors Await Warren Buffett's Annual LetterBerkshire Hathaway’s chairman is set Saturday to provide insights into the state of the U.S. economy and markets amid the pandemic.
- Americans of All Stripes Are Flush With CashSavings rates have spiked and many American households are sitting on large cash balances.
- Bitcoin Might Be Flying, but It's No Longer FloatingA cruise ship re-christened MS Satoshi was meant to be a floating blockchain hub, but insurance companies insisted on being paid in legal tender.
- Investors Piled Into This Magical Money Machine. Now They're Stuck.‘Safe’ places to earn a good return are sometimes too good to be true. How come investors keep having to learn that lesson the hard way?
- DoorDash, Etsy, DraftKings, GameStop: What to Watch When the Stock Market Opens TodayThe yield on 10-year Treasurys ticked down after hitting its highest level in a year.
- Post-Covid-19, Shipping Tailwinds Will Still Be StrongShares such as Cosco have benefited from surging trade during the pandemic.
- Airbnb Can Settle Into a Post-Pandemic MarketAgainst all odds, Airbnb might be a relatively safe place to rest both your family and your money in 2021.
- As Yields Rise, Beware the Hidden Risks in Ultralong BondsRising bond yields pose an outsize threat to one asset class in particular: ultra-long-dated debt.
- GameStop Resurgence Reinforces New Reality for Hedge FundsInvestors have pared back their bearish bets a full month after the GameStop frenzy took off, showing the lasting effects of the Reddit-fueled saga on funds that make money by shorting.
- Grid Reliability Is Feasible, but at What Cost?Everybody can agree that electricity grids should be more reliable. It will be much harder to agree on what price to pay for that safety.
- U.S. Farmers are Planting More Row Crops Than EverThe U.S. Department of Agriculture projects that farmers will plant 182 million acres of corn and soybeans in 2021, an all-time high.
- GameStop's Stock Posts Big Swings, Retail ETF FollowsThe return of volatility to GameStop shares has dragged investors in State Street’s SPDR S&P Retail ETF along for the ride once again.
The conglomerate’s fourth-quarter profits rose to $35.8 billion on the back of a soaring stock market. For the year, Berkshire bought back nearly $25 billion in shares.
Rising bond yields blunted U.S. stocks’ market momentum this week despite signs of an improving American economy.
Malcolm and Emily Fairbairn failed to prove their allegations that Fidelity broke its promises or engaged in negligent trading, a U.S. magistrate judge ruled.
Trading in Cnooc will be halted March 9 as the Biden administration lets a Trump-era executive order targeting certain Chinese firms stand.
Initial public offerings for mortgage lenders haven’t worked out the way all the companies were hoping.
The stock-trading app may pay a fine as it deals with investigations into its handling of options trades and outages it suffered in March 2020.
The yield on the benchmark 10-year Treasury note settled at 1.459%, according to Tradeweb, down from 1.513% at Thursday’s close.
Move-theater chain Cinemark has been overshadowed by the attention investors have focused on competitor AMC Entertainment, but Cinemark’s comparatively boring show might be more worth tuning in to.
Berkshire Hathaway’s chairman is set Saturday to provide insights into the state of the U.S. economy and markets amid the pandemic.
Savings rates have spiked and many American households are sitting on large cash balances.
A cruise ship re-christened MS Satoshi was meant to be a floating blockchain hub, but insurance companies insisted on being paid in legal tender.
‘Safe’ places to earn a good return are sometimes too good to be true. How come investors keep having to learn that lesson the hard way?
The yield on 10-year Treasurys ticked down after hitting its highest level in a year.
Shares such as Cosco have benefited from surging trade during the pandemic.
Against all odds, Airbnb might be a relatively safe place to rest both your family and your money in 2021.
Rising bond yields pose an outsize threat to one asset class in particular: ultra-long-dated debt.
Investors have pared back their bearish bets a full month after the GameStop frenzy took off, showing the lasting effects of the Reddit-fueled saga on funds that make money by shorting.
Everybody can agree that electricity grids should be more reliable. It will be much harder to agree on what price to pay for that safety.
The U.S. Department of Agriculture projects that farmers will plant 182 million acres of corn and soybeans in 2021, an all-time high.
The return of volatility to GameStop shares has dragged investors in State Street’s SPDR S&P Retail ETF along for the ride once again.
