Daily Trade

Americans are frustrated with inflation and the general direction of the country.   Stronger economic growth would help as much as anything, and that requires cultivating a culture of trust and shared purpose among businesses, workers and politicians. COVID accelerated workplace changes and removed several million Americans from the labor force. Workers with skills in demand are resisting employers’ requests to return to
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An Ohio city and county plan to put federal pandemic-relief dollars toward erasing residents’ medical debt, helping to chip away at a problem that’s costing consumers nationwide at least $195 billion.  The Toledo City Council voted Wednesday to put $800,000 toward eliminating medical debt in the northwest Ohio city through a partnership with RIP Medical
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After making a double-digit move lower in October, don’t expect things to calm down with Alibaba Group (NYSE:BABA) stock this month. On Nov. 17, the Chinese e-commerce giant will report results for the preceding quarter, ending Sept. 30. In addition, investors will be keeping an eye on Alibaba’s results for “Singles Today,” which was Nov.
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Within days of the epic collapse of the crypto trading platform FTX, lawyers from an alphabet soup of U.S. regulatory and investigative agencies were lining up to open probes. Two major questions loom for FTX founder Sam Bankman-Fried: could he possibly face criminal charges in the U.S. and can U.S. government agencies assert jurisdiction over
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Coinbase Global (NASDAQ:COIN) is among the best-known platforms where people can buy and sell Bitcoin (BTC-USD) and other cryptocurrencies. However, troubles in the world of crypto have put negative pressure on COIN stock. The end result, though, should be much higher prices for Coinbase shares over the coming years. That’s because more credible exchanges will rise
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Students and staff at the University of Virginia were sheltering in place Sunday night as a gunman remained on the loose following a shooting at the college’s Charlottesville campus, which resulted in three fatalities and two more injured. University police said the suspect, identified as Christopher Darnell Jones, should be considered “armed and dangerous” and
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Democrats are projected to retain their hold on the U.S. Senate after winning a key race in Nevada, giving President Joe Biden’s party control of at least one chamber of Congress for the next two years. The Associated Press called Nevada’s Senate race for Democratic incumbent Catherine Cortez Masto over Republican challenger Adam Laxalt, giving
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The sudden collapse of FTX, the world’s third-largest cryptocurrency exchange, underlines how important it is for any investor to learn about the risks they take when they park their money with a lightly regulated firm. FTX and its affiliate companies filed for bankruptcy Nov. 11. The company’s founder, Sam Bankman-Fried, resigned his position as CEO
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After years of astounding growth, Amazon (NASDAQ:AMZN) is currently out of favor among investors. Some traders reacted negatively to Amazon’s third-quarter 2022 earnings report. Others didn’t like to see the e-commerce giant halting some of its hiring activity. Yet, there are reasons to believe that AMZN stock will return to its all-time high and then reach
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Don’t miss these top money and investing features: Sign up here to get MarketWatch’s best mutual funds and ETF stories emailed to you weekly! INVESTING NEWS & TRENDS Bitcoin owners are bellyaching about its plunge, but the digital currency’s volatility is no more extreme than that of stocks Bitcoin is currently trading at a 33% discount
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Cryptocurrency is a mess right now. And rightly so. I wrote about buying bitcoin for MarketWatch in 2013 when it was trading for $100, but I’ve spent the past year or so warning that most newer cryptocurrencies will be worthless. Here’s what I wrote earlier this year: “[M]ore than 95% of the 15,000 cryptocurrencies are silly or
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The European Commission lowered 2023 growth expectations for the eurozone economy and raised inflation forecasts on Friday, with Russia’s invasion of Ukraine denting global demand and reinforcing inflationary pressures. Gross domestic product in the 19-member eurozone is forecast to grow by just 0.3% in 2023, the Commission said in its quarterly report, downgrading its July
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If you’re on the prowl for bargains among major tech stocks, you may be mulling making Alphabet (NASDAQ:GOOG,NASDAQ:GOOGL) a buy. Over the past year, GOOG stock has tumbled to the tune of around 41.7%, in line with price declines among other major Nasdaq components. With this large drop, shares in the tech giant, which is
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Sam Bankman-Fried’s fall from grace has dealt an unprecedented blow to the crypto industry’s reputation — and some of this infamy may rub off on politicians who took his money, as well as on former regulators and Capitol Hill staffers who took well-paying jobs representing digital-asset companies before Congress. Bankman-Fried, founder and CEO of the
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How far could a $100 wager on Baidu (NASDAQ:BIDU) stock take you? In the short term, don’t expect huge gains, as traders are still nervous about Chinese President Xi Jinping’s consolidation of power. They’re anxious about the nation’s strict Covid-19 policies as well. Yet, Baidu shares have lost so much value that there seems to
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