Business News

'Yields last seen in 2009.' Here's what you should be earning on a savings account now, but probably aren't
Wed, Dec 7th 2022 at 5:15 pm
MarketWatch Picks has highlighted these products and services because we think readers will find them useful; the MarketWatch News staff ...
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Stock market news live updates: Stocks look to rebound after two days of selling pressure
Wed, Dec 7th 2022 at 4:31 pm
CEO David Solomon projected stocks will barrel lower in 2023 and placed the probability of a soft landing at a mere 35% ...
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Galaxy Digital Gets Celsius Assets at 60% Discount After Crypto Lender's Bankruptcy
Wed, Dec 7th 2022 at 4:25 pm
Galaxy Digital is paying $44.1 million to buy Celsius Networks GK8 business more than 60% lower than what the bankrupt crypto lender ...
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Stocks waver on Wall Street following a 4-day losing streak
Wed, Dec 7th 2022 at 3:47 pm
Stocks wavered between small gains and losses in morning trading on Wall Street, leaving prospects uncertain for the market to ...
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Wall St extends losses as recession worries mount, Apple drops
Wed, Dec 7th 2022 at 3:43 pm
U.S. stock indexes fell in choppy trading on Wednesday as investors assessed the warnings of a looming recession from ...
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Carvana stock collapses amid bankruptcy fears after creditor pact and another $1 price target
Wed, Dec 7th 2022 at 3:41 pm
Carvana (CVNA) shares were spiraling early Wednesday after the online car retailers biggest creditors reportedly signed an agreement to cooperate ...
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Carvana plunges 45% as major creditors reportedly form pact to cooperate on restructuring
Wed, Dec 7th 2022 at 3:17 pm
Carvana's corporate debt issue maturing in 2029 is trading at just 32 cents, distressed levels that are associated with an imminent bankruptcy ...
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Jeff Gundlach says the Fed is digging a hole with its rate hikes only to fill it back in: "Makes you wonder why they bother"
Wed, Dec 7th 2022 at 12:11 pm
Import and export prices show that the central bank's tightening campaign has already brought down inflation, the billionaire investor said.
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What holiday gifts do we get for teachers and day-care workers?
Wed, Dec 7th 2022 at 12:00 pm
In many cases, day-care workers are paid less than someone serving coffee at Dunkin. And while public school teachers fare ...
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A 20% home price decline? 7 forecast models are leaning crash--here's where the other 13 models have the 2023 housing market going
Wed, Dec 7th 2022 at 11:57 am
Back in the early 2000s, short-sighted lenders gave out loans (or better put, subprime mortgages) to homebuyers who historically wouldnt ...
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House prices see biggest drop in 14 years - Halifax
Wed, Dec 7th 2022 at 11:48 am
UK house prices saw their biggest drop in 14 years in November, falling 2.3%, reflecting "volatility" in the market, according to the ...
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China's reported gold reserves rise for first time since 2019
Wed, Dec 7th 2022 at 11:48 am
China's central bank said on Wednesday it had added 32 tonnes of gold worth around $1.8 billion to its reserves, the first ...
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5 things to know before the stock market opens Wednesday
Wed, Dec 7th 2022 at 11:45 am
Here are the most important news items that investors need to start their trading day:1. Can stocks get over the ...
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BNP Paribas studied 100 years of market crashes -- here's what it says is coming next
Wed, Dec 7th 2022 at 11:36 am
NEED TO KNOW Oops. Stocks fell through a key support on Tuesday and it looks like some recent momentum has ...
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Rapper Nicki Minaj -- worth an estimated $100 million -- says rich people typically do NOT do this. Pros say if you stop doing it too, you could be a lot richer yourself.
Wed, Dec 7th 2022 at 11:00 am
MarketWatch Picks has highlighted these products and services because we think readers will find them useful; the MarketWatch News staff ...
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Goldman Sachs boss David Solomon is way more pessimistic than his own analysts - he sees just a 35% chance the Fed avoids a recession
Wed, Dec 7th 2022 at 10:31 am
Even Goldman Sachs will have to make cuts if the Federal Reserve fails to achieve a 'soft landing', according to ...
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Consumers remain the Fed's biggest problem: Morning Brief
Wed, Dec 7th 2022 at 10:30 am
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to ...
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Chase opens West Baltimore branch, announces small business commitment through larger $20 million investment
Wed, Dec 7th 2022 at 10:00 am
JPMorgan Chase has opened one of its few community center-format branches at Mondawmin Mall in West Baltimore, and announced Wednesday ...
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Jamie Dimon slams cryptocurrencies as 'pet rocks', says they're 'not a real market'
Tue, Dec 6th 2022 at 4:28 pm
KEY WORDS Crypto is a complete sideshowyou guys spend too much time on it and Ive made my views perfectly ...
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U.S. stocks lose ground as markets ponder the Fed's next moves
Tue, Dec 6th 2022 at 4:24 pm
Stocks fell in morning trading on Wall Street on Tuesday as markets ponder the Federal Reserves next moves on fighting ...
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