As people and markets around the world adjust to having Joe Biden as U.S. president, a key factor is what the veteran Democratic politician aims to accomplish without having to work with Congress. Biden is making use of executive orders that affect health care XLV, +1.13%, the energy sector XLE, …
Read More »: Tesla is in decline, SUVs are king, and more insights from the world’s largest electric-vehicle market
Europe overtook China in 2020 to become the world’s largest market for electric vehicles, amid a pedal-to-the-metal push to increase EV adoption from governments and supercharged demand from consumers. The registrations of new electric vehicles topped 1.33 million in the key European markets last year, compared with 1.25 million in …
Read More »: GameStop stock retreats from record gains after more than half of short positions eliminated
GameStop Corp. shares sank further in the extended session Monday following the stock’s retreat from a record weekly gain, after one noted analyst said more than half of the short positions on the stock had been eliminated. GameStop GME, -30.77% shares fell as much as 35% in Monday trading, and …
Read More »The Moneyist: My ex-husband put his new wife on his life-insurance policy before he died, going against our divorce decree. Now she’s battling me in court
Dear Moneyist, I divorced my ex-husband in 2017. It was a difficult divorce, and later he quit paying child support and we were in a long court battle, which now continues after his death. The 2017 divorce decree stated my ex was to maintain the current life-insurance policy we had …
Read More »The Moneyist: When my parents died, my sisters and I split their estate. I chose a painting that was appraised at $50,000. Should I tell them?
Dear Moneyist, After both of my parents died, my sisters and I divided up furniture, finances, and artwork, etc. The process of dividing their estate was done equitably, and without stress or rancor. Until now. My parents had a large art collection. One of the paintings that I chose may …
Read More »Brett Arends’s ROI: The biggest losers from the GameStop turmoil? An early list
There has been nothing like this GameStop GME, +67.87% saga in recent memory. It’s still early days. But already we can work out some of the groups who are likely to emerge as losers when the dust settles. At least if history is any guide — which, alas, it usually …
Read More »Deep Dive: Here are the biggest short squeezes in the stock market, including GameStop and AMC
Short squeezes will remain a big story in the financial-news media until heavily shorted stocks that have been pushed up by individual investors connected through social media come crashing back to earth. The biggest “winners” during this craze have been GameStop, up 1,745% for 2021 through Jan. 27, and AMC …
Read More »Where Should I Retire?: I can afford a $300,000 home in a ski town ‘but not if it comes with $6,000 a year in HOA dues’ — so where can I retire?
Dear MarketWatch, We will be retiring, hopefully in 2021, with about $ 30,000 to $ 40,000 in annual income from a pension. I would love to live in Summit County, Colorado, where all the awesome stuff is — mountain biking, skiing, paddle boarding — but it’s outrageously expensive. In retirement …
Read More »The Moneyist: My husband, 67, wants to leave his $2 million estate and home to his disabled daughter and his sister’s kids. Can he do that? I could outlive them
Dear Moneyist, My husband is 67 years old with an estate worth $ 2 million. His first wife died. He has a severely handicapped daughter and we signed a prenup when we married three years ago. He has a sister who is a year older than I am. I am …
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