Increased spending by consumers means there’s increased fraud activity. Here’s some tips to avoid falling victim to cyber fraud during the holiday shopping season. “Cybercrime has gotten more sinister and significant,” said head of Citibank’s fraud prevention unit Mike Steinbach. “The American public needs to know fraud has evolved. You shouldn’t be waiting on monthly,
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Cannabis stocks have been crushed this year due to the lack of progress on the federal legalization of marijuana and macro challenges. However, President Joe Biden’s historic decisions to pardon people convicted of “simple possession of marijuana” and to review the classification of marijuana as a Schedule 1 drug have revived investors’ attention in the cannabis
Apple Inc. quietly announced upgrades to two of its iPad models Tuesday, through announcements lacking the fanfare of the company’s recent iPhone 14 debut. Instead of hosting an event to reveal the iPad updates as it did for the iPhone, Apple AAPL, +0.94% simply announced the refreshed devices in a series of press releases. The
Editor’s note: This article was updated on Oct. 18 to correct free cash flow and stock split data. In July, GameStop (NYSE:GME) launched its NFT marketplace to a relatively muted reception. NFT trades had already fallen three-quarters since January, and traders assumed the game retailer had missed yet another party. Shares would eventually drop another
Imagine you and your neighbor both need brain CT scans — common imaging procedures that use special X-ray equipment. You both have commercial health insurance and go to the same hospital for the procedure. But the price for your scan is 10 times higher than your neighbor’s. That’s the level of disparity in prices negotiated
A day after the University of Tennessee’s biggest football victory in decades, the school was being roasted online for asking fans to crowdfund the replacement of two goalposts that were torn down in the post-game celebration. On Saturday, the unbeaten Volunteers upset Alabama, 52-49, on a last-second field goal. That snapped a 15-game losing streak
Space companies aren’t everybody’s cup of tea, but some investors might want to take a look at AST SpaceMobile (NASDAQ:ASTS) stock. Now that the company has finally launched its BlueWalker 3 test satellite, ASTS stock might get the green light from Wall Street to move higher. Also, it’s encouraging to see that AST SpaceMobile’s financial situation
Rent growth is beginning to cool. But it’s descending from a heck of a peak. Rental prices climbed 7.2% between September 2021 to September of this year, the largest annual increase since 1982, according to consumer price data released Thursday. Overall, shelter costs were also among the most significant drivers in rising consumer prices, along
Li Auto (NASDAQ:LI) stock, like its peers, has struggled lately. The market has become increasingly pessimistic about the near-term prospects for China-based electric vehicle (or EV) manufacturers. This could have you thinking the sector has been oversold. After all, this big decline only came about on the initial signs of a slowdown in Chinese EV
Kakao Corp. shares 035720, -5.45% slumped early Monday after a fire at one of its data centers over the weekend disrupted its popular messaging app and other fintech services. Shares in the South Korean mobile internet giant fell as much as 9.5% to 46,500 won ($32.25) in morning trade and were last 5.5% lower at
Two stocks that have defined Wall Street’s boom in the past decade — streaming giant Netflix Inc. and electric-vehicle maker Tesla Inc. — will hope to turn around some poor recent trajectories as earnings season kicks into a new gear this week. After swelling prices and results from JPMorgan Chase & Co. JPM, +1.66% and
Dear MarketWatch, Financial advisers recommend spending no more than 30% of take-home pay on housing. I have always lived by this rule and now have $750,000 in cash savings. But now I need to make a big move. Is there ever exceptions to this that make good sense? My wife and I just found out that
If you’re trying to figure out how to make sure you’ve always got the best mix of investments, there are general rules, questionnaires about risk and all sorts of academic approaches. But it can be hard to translate the conclusions to your situation, especially if you, like most people, have a complicated financial life with
WASHINGTON — Federal investigators contacted at least two aides to former President Donald Trump months before the FBI searched his Mar-a-Lago resort and have sought to talk to them again in recent weeks, people familiar with the matter said, as the Justice Department examines possible obstruction of its efforts to retrieve hundreds of government and classified documents. The aides,
Former Treasury Secretary Larry Summers was one of the first prominent economists to warn that federal policymakers were underestimating the threat of persistent inflation, and today he is worried about a global economic crisis that could result from central banks’ efforts to fight rising prices. “We’ve got the most complex, disparate and cross-cutting set of
We never were the same after last summer. Stubbornly high inflation rates in recent months and several interest-rate hikes by the Federal Reserve are impacting consumer behavior. That’s according to company earnings reports, market-data analytics and consumer surveys. Inflation reached 8.2% in September on the year, the Bureau of Labor Statistics said Thursday, clinging to
Cadre, the financial technology company focused on real-estate investing, is launching the Cadre Horizon Fund with minimum investments as low as about $1,000 when it becomes registered with the Securities and Exchange Commission as a real-estate investment fund (REIT), MarketWatch has learned. With the benefit of crowdfunding regulations established in the 2012 JOBS Act as
U.S. chip-equipment suppliers are pulling out staff based at China’s leading memory-chip maker and pausing business activities there, according to people familiar with the matter, as they grapple with the impact of Commerce Department semiconductor export restrictions. State-owned Yangtze Memory Technologies Co. is facing a freeze in support from key suppliers including KLA Corp. KLAC, -2.17% KLAC -2.17%▼ and Lam Research Corp.
Investors are nervously awaiting the start of the third-quarter earnings season, which kicks off this week with reports from some of the big banks. Obviously, some earnings reports will be more important to watch than others. There are companies that serve as bellwethers for their industries or the economy on the whole. And there are
European Central Bank President Christine Lagarde criticized the fiscal policies of some European countries as counterproductive to the fight against inflation during an interview at the Institute of International Finance’s annual meeting Wednesday. “‘We’re not exactly operating in strict parallel, but we have to act in a cooperative way because if we don’t, then monetary