U.S. stock futures struggled for direction on Wednesday, ahead of another expected sharp rate rise by the Federal Reserve and after Russian President Vladimir Putin escalated his war against Ukraine. How are stock index futures trading S&P 500 futures ES00, +0.23% rose 5 points, or 0.1% to 3878 Dow Jones Industrial Average futures YM00, +0.27%
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Beyond Meat Inc. late Tuesday said it suspended Chief Operating Officer Doug Ramsey, who was arrested over the weekend and charged after allegedly biting a man’s nose during an altercation in Arkansas. Jonathan Nelson, senior vice president of manufacturing operations, will oversee operational activities on an interim basis, Beyond Meat BYND, -6.04% said in a
If you’re looking for an electric SUV that will duplicate all the sounds and visceral feelings of a gasoline-powered car, the Nissan Ariya isn’t it. In a world of piped-in sounds and electronic exhaust notes, the new 2023 Nissan Ariya goes with “quiet and serene” instead. Is that a good choice? Yes. For years, Nissan NSANY, +0.13%
Short-squeeze stocks are back on many investors’ radars as meme stock mania appears to be in full swing once again. The experts who thought the trend was over are in for a rude surprise. The prominent recent moves of stocks like Bed, Bath and Beyond (NASDAQ:BBBY) illustrate meme stocks are still a force. A short
Nikola Corp. CEO Mark Russell told a New York federal jury Monday that he had concerns about joining the electric-truck company because he believed its founder, Trevor Milton, “was prone to exaggeration in public statements.” Testifying in Milton’s securities-fraud trial, Russell said that before coming on board in 2019 as president of Nikola NKLA, -10.55%, he and Milton reached an agreement
After some challenging months in 2022, investors of California-headquartered workforce-management software company Asana (NYSE:ASAN) finally got some good news. For one thing, the company posted results indicating sizable big-client spending boosts. On top of that, a Meta Platforms (NASDAQ:META) co-founder (known as Facebook when he co-founded it) just took a large position in Asana. All in
The eyes of the world are on Westminster Abbey in London for the funeral service of Queen Elizabeth II. The coffin used to lay Britain’s longest-serving monarch to rest has been attracting plenty of attention. In keeping with royal tradition, the coffin is lined with lead, according to Metro, which reports that the tradition dates
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 The stock market’s trend is relentlessly bearish Plus, a new recommendation is a ‘straddle purchase’ on the S&P 500. Read More There’s hardly any good news in the
Many people pondering retirement focus primarily — sometimes exclusively — on the financial part, to avoid outliving their money. But in Joe Casey’s new book, “Win the Retirement Game,” the Princeton, N.J., retirement and executive coach and Retirement Wisdom podcast host writes that nine other forces may be “trying to steal your joy.” In my
Peter Diamond, winner of the Nobel Prize in economics in 2010, has shied away from the press for most of his long and illustrious career, explaining that he’s concerned about being misunderstood. Given the chance to interview him, MarketWatch jumped at it. His supporters think Diamond is probably the smartest of economists. His selection by
Food prices continued to rise in August, putting pressure on lower- and middle-income households in particular. The cost of food for home preparation were up 13.5% as compared with August 2021, the highest rate of growth since March 1979, government data show. The annual rise in the U.S. consumer price index was 8.3% in August.
The S&P 500 index on Friday broke below a closely watched support level that could augur a deeper slide, chart watchers warned. Technical analysts have identified the 3,900 level as the bottom of an important range of support for the large-cap benchmark. The S&P 500 SPX, -1.44% ended Thursday at 3,901.35 as stocks stumbled in
Uber Technologies Inc. said it was investigating “a cybersecurity incident” Thursday, and reportedly took several internal systems offline as it tried to find the extent that its network was compromised. The New York Times reported that Uber employees received a message Thursday afternoon reading: “I announce I am a hacker and Uber has suffered a
Video-game retailer GameStop (NYSE:GME) seeks to enter into the worlds of cryptocurrency trading and the metaverse, it seems. Is this a sufficient reason to buy GME stock, though? Probably not, as GameStop’s financial results are subpar. Meme-stock traders might not heed this warning, but long-term investors should check GameStop’s fundamentals before taking a position. Reddit users
Believe it or not, there is some sanity to the chaos in oil prices, which have climbed this year to their highest since 2008 only to fall back to their lowest in eight months. “The market is overreacting to fears either due to expected tightness in supply or, as currently is the case, worries about weaker
Since Pinterest was a baby unicorn, co-founder Ben Silberman insisted it was not a social network, and made sure that sentiment echoed through the company. Silberman is no longer chief executive, and suddenly Pinterest PINS, +0.69% is a social-media company. And it’s the nice one. “Eight out of 10 users said in research that Pinterest
Are you late paying for your utilities? Do you have enough set aside for a rainy day? Less than one-third (31%) of Americans are “financially healthy” in 2022, down 3% from a year ago, according to the latest Financial Health Pulse 2022 U.S. Trends Report. More than half (55%) reported they were “financially coping” and
Dear Quentin, Our family is rather a mess. It’s the usual in-law drama, unfortunately. We’ve worked with it for years and are resigned to being outlaws, rather than the in-laws. Our son recently suggested that we set up a college trust fund for his child. I have ducked and waffled on my answer. But I
Bank stocks fell sharply Tuesday as worse-than-expected inflation data sparked a spike in Treasury yields and a drop in stock prices, while clouding the outlook for big financial institutions that hold bonds. JPMorgan Chase & Co. JPM, -2.36% fell 3.3%, Goldman Sachs Group Inc. GS, -3.28% dropped 3.6%, Morgan Stanley MS, -2.42% subtracted 3.2%, Wells
Freight railroads said they are planning to halt the transport of hazardous materials and sensitive cargoes, such as chemicals used in fertilizer and chlorine for water purification, as they continue negotiations with two labor unions. Railroads have informed customers that they may stop accepting certain types of freight, including bulk shipments, beginning Monday to avoid materials