Asian markets advanced in early trading Monday, as U.S. stock futures gained after comments from Fed chief Jerome Powell and crude oil prices rose toward a two-month high. Japan’s Nikkei NIK, +0.52% gained 0.7% and Hong Kong’s Hang Seng Index HSI, +0.39% edged up 0.5%. The Shanghai Composite SHCOMP, +0.60% rose 0.4% while the smaller-cap […]
“ ‘Take the red pill.’ ” That’s Tesla TSLA, -0.51% boss Elon Musk delivering a cryptic message on Sunday to his 34.3 million Twitter TWTR, +1.54% followers — the latest in a long line of his social-media headscratchers. After Musk recently named his child ‘X Æ A-12,” nothing should come as a surprise anymore. But, […]
Almost 20 years since he stopped bouncing a basketball professionally, Michael Jordan is still the hottest name in the sports memorabilia business. The ESPN DIS, +2.96% and Netflix NFLX, +2.77% documentary series “The Last Dance,” built around Michael Jordan’s final season with the Chicago Bulls in 1997-98, has led to a spike in interest in […]
U.S. crude-oil prices looked to add to a climb toward a two-month high for the commodity in electronic trade on Sunday, supported in large part by efforts to rebalance a supply-demand dynamic that had been blown out of whack due to the debilitating effects of the COVID-19 pandemic. “The balance of risk has tilted to […]
Residents line up for coronavirus tests after six new cases were discovered in Wuhan, China, May 15, 2020. Aly Song/Reuters At least six countries have had to restart their coronavirus lockdowns weeks after loosening them. China, Germany, Iran, South Korea, Lebanon, and Saudi Arabia all reimposed partial new measures after discovering a spike in infections. […]
Michigan Rep. Justin Amash has announced that he will not run for president as a third-party candidate, CNN reported Saturday. “After much reflection, I’ve concluded that circumstances don’t lend themselves to my success as a candidate for president this year, and therefore I will not be a candidate,” he tweeted Saturday. The Republican-turned-independent said in […]
Dear Moneyist, I was married and didn’t qualify for the $1,200 stimulus check based on my 2018 tax returns. I am now divorced and filed my 2019 tax returns separately. It seems that millions of stimulus payments have already gone out. Where is my stimulus check? Will I ever receive one — or is it […]
MARKETWATCH FRONT PAGE The chairman of Berkshire Hathaway seems to prefer the S&P 500 to his own company’s stock. See full story. Wall Street sees plenty of upside for these downtrodden tech stocks Shares of companies including Micron Technology, Western Digital and Motorola Solutions have fallen this year. See full story. Fed says pandemic has […]
I’ve mentioned before that Social Security is now dipping into its reserves—the so-called “trust fund”—to pay benefits. That’s because the system isn’t taking in enough cash from payroll taxes, which is how the gargantuan Social Security program—by far the single biggest source of federal spending—is financed. Read: Another victim of COVID-19: Social Security Prior to […]
Dear Catey, My wife and I are 58. She will retire at 62 and I at 67. Our annual retirement income at 67 will be approximately $95,000 from Social Security, pensions and investments. We would like to find an affordable, friendly place to rent during the winter months, that is warm and as close as […]