It’s been only three years since two Boeing 737 MAX 8 planes crashed in a span of five months. A total of 346 people were killed in the two disasters. Since then, we’ve learned that a reckless, profit-driven culture at Boeing BA, +3.92% contributed directly to both crashes. But even though Boeing was recently fined $200 million
Daily Trade
WASHINGTON — The National Archives and Records Administration said that it hasn’t recovered all the presidential records that were supposed to be turned over at the end of the Trump administration. Don’t miss: Tensions run high between Trump-appointed federal judge and the special master the Trump team recommended — and whom that federal judge appointed
I’ll admit that, among the smaller electric vehicle pickss, Canoo (NASDAQ:GOEV) stock has a lot more going for it. This maker of specialty EVs (for functions such as deliveries) has built up an impressive backlog of orders. Not only that, there’s another promising sign with this EV play: insider buying. Yet while you may see
The full financial and human price of Hurricane Ian’s destruction is still unknown, days after it lashed Florida, and now with the Carolinas fresh off its wrath. But even with the immediate search-and-rescue missions still happening, experts say there are already steps people can take to begin their long road to financial recovery. By Sunday
Dear Quentin, I have heard that if someone just leaves you $1 in their will, you cannot receive anything from their death. Is this true? My father passed, several years ago, and my sister eventually sold the house. I just don’t know if it would be worth it to see if I’m entitled to something
Here’s a potential inflation hedge to save money in a time of rising costs and interest rates: a rising credit score. People with “very good” credit scores could avoid nearly $50,000 in extra borrowing costs for a mortgage, credit card, car loan and personal loan that people with “fair” credit would have to pay. The
Following a dramatic year of controversial rulings, the Supreme Court begins hearing new cases on Monday with a full agenda. The court overturned abortion rights and expanded gun rights in June as the new conservative supermajority began to exert its influence. Some of the court’s most important upcoming cases focus on the future of affirmative action, equal treatment of LGBTQ people, and the control of
Sometimes it pays not to dismiss market lore. They said September was usually bad. They were right. The S&P 500 SPX, -1.51% will enter the last trading day of the month having shed 7.95%. Worries over inflation and higher borrowing costs – not to mention a bond crisis in the U.K. – took their toll.
Sometimes, it’s hard to know who or what to believe. Such is the case when it comes to the ongoing U.S. Securities and Exchange Commission (SEC) probe into Cassava Sciences (NASDAQ:SAVA). As the biopharmaceutical company contends with data-manipulation allegations, traders have to figure out what to do with SAVA stock. There may be evidence that the
Nick Clegg, the former deputy prime minister of the U.K., current president for global affairs at Meta Platforms META, -0.54% and the man who will decide whether to allow Donald Trump back on Facebook, has just sold his posh home in California’s Silicon Valley for $11.56 million. See: Trump’s Facebook ban may end as soon
It seems odd to be analyzing the best shipping stocks on a day when the second read of second quarter GDP should convince nearly any lingering skeptic that the U.S. economy is in a recession. Furthermore, that recession is likely to last well into 2023 and come with a much harder landing than the Federal
Gold futures climbed on Friday, shrugging off rising inflation in Europe, as the U.S. dollar traded below a 20-year high reached earlier this week. Price action Gold futures GCZ22, +0.20% expiring in December climbed $2.80, or 0.2%, to $1,671 per ounce on Comex. Silver futures SIZ22, +0.90% due in December advanced 24 cents, or 1.3%,
Micron Technology Inc. executives warned about a semiconductor downturn in late June, but now say that a “sharp and sudden” drop in demand exceeded even those expectations, suggesting the current chip glut could get a lot worse. Micron MU, -1.94% reported a worse-than-expected fiscal fourth quarter Thursday, with revenue plunging 23% from last year, but
Staying above the turmoil is easier said than done for investors these days. The calm that settled on global markets after the Bank of England’s unprecedented intervention to shore up U.K. bonds seems to be fading, with stock futures in the red and a risk-averse mood building for Thursday. It’s hard to find a big
Global financial market stresses are piling up, but the commotion that forced the Bank of England to make an extraordinary intervention in the U.K. bond market Wednesday isn’t likely to be a game-changer for U.S. stock-market investors on the lookout for a market breakdown. A working notion among investors and traders has been that the
Big-box retail chain Bed Bath & Beyond (NASDAQ:BBBY) has been the target of eager meme-stock traders. However, the company’s financials will matter soon, as Bed Bath & Beyond has scheduled an earnings report and conference call for Sept. 29. The company needs to prove its value proposition to BBBY stock investors, as it’s undergoing a CEO
U.K. gilt yields fell back from their highest in 14 years after the Bank of England said it would buy bonds at “whatever scale is necessary” to restore orderly market conditions. The 10-year benchmark gilt yield TMBMKGB-10Y, 4.076%, which moves in the opposite direction to prices, fell 29 basis points to 4.224%, having at one
Airport and airline workers staged demonstrations at airports across the U.S. and abroad Tuesday, protesting what they described as disorganized operations that have not built back up since staffing levels were cut at the beginning of the pandemic, forcing them to work too hard for too little pay. The protests — which included restaurant and
The numbers: Orders at U.S. factories for long-lasting goods fell 0.2% in August mainly because of decline in bookings for large aircraft, but investment rose in a sign the industrial side of the economy is still chugging ahead. Economists polled by the Wall Street Journal had forecast a 0.5% decline. Durable goods are products like cars,
Hi, MarketWatchers. Don’t miss these top stories. Jennifer Lawrence Lists Her New York City Loft for $10.5M May the odds be ever in her favor! Jennifer Lawrence recently listed her swanky three-bedroom loft in New York City’s star-studded Tribeca neighborhood for a cool $10.5 million. Read More Advice from a longtime real-estate agent: ‘Owners are