~marketwatch-com-top | Bookmarks (632)

Big business is upping the pressure on President Joe Biden to intervene in a dockworkers strike set to begin Tuesday that could shut down ports handling more than half of all U.S. trade and potentially lead to an increase in the cost of consumer goods.

Federal Reserve Chair Jerome Powell said the 50-basis-point cut in the central bank’s policy rate earlier this month was a sign of confidence in the economy and the labor market.

‘His son, who is a high earner, will need to wait for his inheritance until after I pass away’

‘His brother is a minor, but my son also had a baby daughter who was not named on the policy’

“My brother got a better interest rate because he acted fast, and here I am twiddling my thumbs, overwhelmed with banks.”

More college athletes are making over $1 million from NIL, and most of them play the same position in the same sport.

The 1980s corporate raider claimed poverty for decades — but is now charged with hiding millions in a cannabis company purportedly run by his son, lifestyle influencer Dan Bilzerian.

September is shaping up to be a solid month of gains for U.S. stocks, with the market bucking the seasonal trend after the Federal Reserve announced a big interest-rate cut. 

Rocket Lab USA Inc. shares ended Friday’s session up 12.5%, boosted by KeyBanc Capital Markets’ price-target hike for the space-launch company.

Bond yields ended Friday lower as traders digested PCE inflation data for August that came in cooler than Wall Street anticipated.

Trump Media co-founder Andrew Litinsky now owns only 100 shares through United Atlantic Ventures — an investment vehicle for one of the company’s founders.

Oil futures finished higher on Friday to modestly pare back their weekly loss from expectations OPEC+ will boost production before year-end.

Shares of Costco Wholesale Corp. slipped after hours, after the membership warehouse retailer reported sales trends that came up shy of Wall Street’s estimates.

China ETFs have surged on the back of a blitz of stimulus measures by the country’s government to revive the world’s second-largest economy.

Shares of Cassava Sciences Inc. dropped more than 10% in the extended session Thursday after announcing a settlement with U.S. securities regulators, who had charged the pharma company and two former executives for “misleading claims” about an Alzheimer’s clinical trial.

“We are all naturalized citizens. We have a small savings of over $45,000 deposited in a high-yield savings account.”

A Bernstein analyst says it’s still “difficult to defend” pitching Alphabet shares with conviction given various regulatory and competitive risks.

Obesity-drug developer BioAge held on to a slim gain after rising more than 20%, while Texas-based Barnett Shale driller BKV traded flat.