Cameron Winklevoss, co-founder of crypto exchange Gemini Trust Co., lashed out at Digital Currency Group CEO Barry Silbert on Monday, accusing him of “bad faith stall tactics” over nearly a billion dollars’ worth of customers’ crypto assets that have been frozen for more than a month. In an open letter posted on Twitter, Winklevoss alleged
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In recent coverage of Alphabet (NASDAQ:GOOG,NASDAQ:GOOGL), I’ve taken a downbeat view on the tech giant’s near-term prospects. For instance, as I argued on Dec. 21, current economic headwinds, plus rising competition, could continue to impact the company’s growth, resulting in subpar returns for GOOG stock in 2023. That said, there’s a possible path Alphabet’s management
Democrats released six years of Donald Trump’s income-tax returns on Friday, providing further insight into the former president’s tax situation. Trump and his wife, Melania, paid $0 in income taxes for 2020, according to a report released late Tuesday by the congressional Joint Committee on Taxation. The nonpartisan committee’s findings also raised several red flags
Dear Quentin, By the time I was 19, both of my parents had passed away. My mom died from heart disease and my dad died two years later from lung cancer. My sister and I were quite close, but her alcoholic husband was always “stirring the pot” and for that reason I distanced myself. I
Dear Quentin, My mother and father had a rocky part of their marriage in their early 60s. They actually separated for about six months. My mother had some mental-health issues that caused the separation. My dad is nearly 72 and my mother passed away eight years ago. My dad worked in a different town for a
Beating the stock market is not that big of a deal. What’s really impressive — and what you should be looking for when using performance scoreboards to choose a mutual fund — is one that has beaten the market over several successive periods. To understand why, it’s helpful to imagine a world in which stocks
Many Americans are ending the year feeling gloomy about their finances, and you don’t need to be a psychiatrist to figure out why. Runaway inflation gnawed through household budgets as prices soared on everything from eggs to plane tickets. Higher interest rates made borrowing money more expensive, pushing home ownership out of reach for many.
Treasury yields moved mostly higher in a holiday-shortened session Friday, capping a brutal, record-breaking bond-market selloff in 2022. Trading in U.S. fixed-income markets closed an hour early at 2 p.m. Eastern on Friday, as recommended by securities industry trade group Sifma. U.S. markets will be closed Monday in observance of the New Year’s Day holiday,
After getting burned by the latest with the “student loan saga,” SoFi Technologies (NASDAQ:SOFI) investors have found a new reason to remain bullish on SOFI stock. That would be news of insider buying of the fintech firm’s shares, by CEO Anthony Noto. As InvestorPlace’s Eddie Pan reported last week, Noto has purchased $7.4 million worth
Incendiary social media influencer Andrew Tate and his brother were busted in Romania on Thursday related to sex-trafficking allegations, according to a report. Police in tactical gear descended on a villa Andrew Tate and brother Tristan were staying at Thursday to detain the British brothers on kidnapping and rape charges, judicial sources told Romanian outlet Libertatea. Video shows
It’s no secret that investors of California-based neo-banking firm SoFi Technologies (NASDAQ:SOFI) have struggled in 2022. Yet, now is a time to hold SOFI stock, not dump it. If you need a real confidence-booster, check out the insider buying activity and you’ll be convinced to stay in the trade with SoFi Technologies. Is it possible
Shares of Apple Inc. moved higher on Thursday after four straight days of declines, after a report indicated that iPhone production capacity in China was improving — even as a reopening from COVID-19 lockdowns leaves that country facing rising rates of infection. Apple’s AAPL, +3.25% stock was more than 3% higher in Thursday afternoon trading.
The last thing United Airlines (NASDAQ:UAL) stock needs now is controversy. However, it seems that the carrier is involved in a scandal that’s grabbing the headlines. Still, this probably won’t have a long-term negative impact on UAL stock. Indeed, the shares are worth a “B” rating because United Airlines offers an interesting clean-energy angle for
Hi, MarketWatchers. Don’t miss these top stories. I’m over 65, disabled, and am getting a $200,000 divorce settlement. Can I afford a house in Florida, or should I look in other states? ‘I really cannot buy any housing over that $200,000.’ Read More Take MarketWatch’s 2022 Quiz: How much do you know about the biggest
There’s no denying it: Google and YouTube parent company Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) is, like many other technology names, out of favor on Wall Street. However, this isn’t a valid reason to give up on GOOG stock. Alphabet’s still a tech leader and innovator, and if you don’t take a share position now, you’ll probably regret
Harris Kupperman, the president of Praetorian Capital, made a couple of interesting calls heading into 2022. He predicted that stocks of the giant tech-oriented companies that led the bull market would be sold off, and that oil prices would continue to rise through the end of 2022. The first prediction came true, while the second
U.S. Transportation Secretary Pete Buttigieg weighed in on Southwest Airlines’ holiday-weekend implosion Tuesday, promising customers that his department will hold the airline accountable. “Their system really has completely melted down,” Buttigieg said in a CNN interview Tuesday evening. Buttigieg said he had spoken earlier in the day with Southwest Chief Executive Bob Jordan, and “I
Although geopolitics and brewing ideological directives (such as initiatives to combat climate change) cloud the longer-term trajectory of hydrocarbons, the reality is that investors can reasonably have confidence in the top oil stock predictions for 2023. Essentially, the underlying resources offer a mixture of infrastructural support and high energy density. Therefore, getting rid of fossil
If you are a middle-income earner, you may be in a much better position tax-wise than you realize. That’s good news: You may be able to take advantage of that better position to strengthen your retirement income plan years into the future. With a simple change in the structure of your retirement accounts, you can
Southwest Airlines Co. canceled more than two-thirds of its flights Monday and plans to slash its schedules Tuesday and Wednesday, in a meltdown that stranded thousands of customers and that worsened while other airlines began to recover from the holiday winter storm. “We had a tough day today. In all likelihood we’ll have another tough day tomorrow as we work
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