Daily Trade

The Justice Department urged state and local court systems in a recent letter to re-examine their policies surrounding fines and fees, emphasizing that “unjust” sanctions cause low-income people “profound harm,” leave communities of color drowning in prolonged periods of debt, and even violate adults’ and children’s civil rights.  “The unfettered imposition of fines and fees

TOKYO — Bank of Japan Gov. Kazuo Ueda said Monday that he would continue monetary easing for the time being because he expects inflation to start slowing down soon. “Trend inflation is still below 2% so we need to continue monetary easing,” Mr. Ueda told a parliamentary committee. He said inflation would likely fall below

Don’t call it a dull market, but a failure to see a sustained move up or down by major indexes may have impatient investors banging their heads against the wall. “It’s a function of the trading range that has effectively characterized the major indices for…several months,” said market technician Katie Stockton, in a Friday phone

Dear MarketWatch,  I currently own one home, no mortgage with rental income. I own another home that will be paid off the year I turn 55. Both valued at $750,000.  I have a 401(k) and other stocks and investments totaling another $750,000. My debt will be all paid by the year I turn 55.   I

Interestingly, Plug Power (NASDAQ:PLUG) is generally favored by Wall Street’s experts even while PLUG stock can’t seem to get off the ground. Are investors missing out on a great opportunity? I’d say so, as Plug Power’s gigantic green hydrogen production facility could prove to be a major revenue generator. To be honest, it requires faith and

A “de-dollarization” mania is gripping Washington and Wall Street. Wall Street analysts, corporations, policy wonks and others are trying to ascertain whether there is any real threat to the U.S. dollar’s standing as the dominant global currency, along with how changes in the international monetary system might impact markets and the U.S. economy. Interest…

Shares of Mullen Automotive (NASDAQ:MULN) spiked 25% on Friday morning after the firm filed an SEC form announcing a new battery partnership. The “HUGE” battery advancement news was previously reported in a company press release. Short sellers would immediately sense an opportunity. According to data from Fintel.io, the number of shares available to sell short dropped

Alphabet Inc. Chief Executive Sundar Pichai received his third massive stock award since rising to the top of Google, the company disclosed Friday. Pichai received $218 million in stock awards after his previous award cashed in 2022, according to a proxy filing with the Securities and Exchange Commission that was made public Friday afternoon. Alphabet

Oil futures headed higher on Friday, but remain on track to post a weekly loss for the first in five weeks as worries about the economic outlook stoked demand worries. Price action West Texas Intermediate crude for June delivery CL.1, -0.08% CL00, -0.08% CLM23, -0.08% climbed by 73 cents, or 0.9%, to $78.10 a barrel

Bed, Bath & Beyond (NASDAQ:BBBY) stock spiked 40% on Wednesday morning after Bloomberg Law reported the retailer was laying the groundwork for a bankruptcy filing. The company could enter receivership within several weeks, if not by this weekend. At first glance, the price action seems almost incomprehensible. A bankruptcy should ordinarily wipe out shareholders, and

Clorox Co. said Thursday it would lay off about 200 employees as part of an ongoing restructuring to reduce its costs. In a blog post, Chief Executive Linda Rendle said the consumer-products maker’s new streamlined operating model, introduced last September, has already proven to be “the right strategy.” “While I’m energized about these changes and

For a decade, Andrew Beal waited for market conditions to change. With interest rates at rock-bottom levels, year after year, and other small and regional banks taking big risks to generate a little bit of income, Beal mostly did nothing. He sat on his hands while the assets of the bank that he ran decreased

There’s good news if you’re betting your investment capital on video game retailer GameStop (NYSE:GME). The company’s financials are improving, and insider buying suggests strong confidence in GME stock. Be prepared for volatility along the way, but a share position in GameStop is likely to yield excellent returns by 2025. The meme-stock traders might target

The latest economic data seems to be breaking the Federal Reserve’s way, with cooling of both inflation and the labor market, according to New York Fed President John Williams on Wednesday. In an evening speech to a group of bond-market experts known as the Money Marketeers of New York University, Williams said the most recent

Tesla (NASDAQ:TSLA) has led the electric vehicle pack for over half a decade. This justifies TSLA stock’s huge valuation, over seven times revenue and 51 times earnings as trading opens on April 17. Earnings for the first quarter are due April 18. But even assuming it earns 86 cents/share, that’s down 20% from last year on deliveries

Confounded by a 2023 stock-market rally in defiance of rising geopolitical tensions, a mini banking crisis and widespread expectations of near-imminent recession? You’re not alone — and that’s the point. The stock market’s resilience so far in 2023 is an example of a well-worn but sometimes useful market concept known as the “pain trade.” Tom

 Lululemon Athletica Inc. is looking to sell its Mirror in-home fitness business, according to reports Tuesday, three years after acquiring it for about $500 million. Bloomberg News reported Tuesday morning that Lululemon LULU, +1.12% was working with an adviser to solicit interest in the business. Later in the day, CNBC reported that Hydrow, a private

China-based electric vehicle manufacturer Nio (NYSE:NIO) is looking to broaden its scope. However, prospective NIO stock investors should view Nio’s expansion plans with a critical eye. The company’s venture into battery-swapping technology and other fields will require time and capital (both financial and human). In the end, the results might disappoint overeager shareholders. Nio is already

Goldman Sachs Group Inc.’s stock lost ground in premarket trades after the investment bank’s first-quarter revenue fell short of the consensus estimate, while net income beat the Wall Street forecast. The company’s latest revenue figure included a previously undisclosed loss of about $470 million from the partial sale of the loan portfolio of its Marcus

Luminar Technologies Inc. shares received a boost late Monday after the autonomous-driving component maker said it was partnering with Taiwan-based TPK Holding Co. to build out its manufacturing capacity in Asia to better serve the growing Chinese market. Luminar LAZR, +3.45% shares rose 2% in after-hours trading after closing up 3.5% at $6, for a