MARKETWATCH FRONT PAGE Tesla shares have exploded for a gain of nearly 700% this year, having gotten a recent boost from joining the S&P 500. But a blockbuster 2020 is merely another chapter in the stock’s volatile journey to eye-popping returns. See full story. My husband and I are planning …
Read More »: U.S. to require all air passengers arriving from U.K. to test negative for COVID-19
Starting Monday, the U.S. will require all air passengers coming from the U.K. to have a negative COVID-19 test within 72 hours of their departure, the CDC announced late Thursday night. In a statement, the U.S. Centers for Disease Control and Prevention said President Donald Trump will sign the order …
Read More »: Chris Sacca mocks ‘Robinhood bros’ who spurn his investment advice: ‘Stonks never go down!’
Veteran venture investor Chris Sacca has a word of warning for beginner investors who made off like a bandit this year: It’s not you. In a tweet Tuesday, Sacca dropped this “hard truth” on newbie investors: “You’re not actually that good at it. You just caught a wild bull market,” …
Read More »Peter Morici: Here’s exactly where Biden will find common ground with moderate Republicans
Joe Biden won the presidency but the Democratic Party—at least the more radical wing that strongly influenced his platform—didn’t won the hearts and minds of Americans. Sentiment is growing for pragmatic problem-solving and re-emphasizing shared American values. Ticket splitting down the ballot and statewide propositions would seem to indicate ordinary voters are mostly moderate. And would welcome a …
Read More »The Big Move: My husband and I are planning to give our daughter a home for Christmas. Are we making a mistake?
‘The Big Move’ is a new MarketWatch column seeking to answer questions about navigating the world of real estate. Do you have a question about buying or selling a home? Do you know where your next move should be? Email Jacob Passy at jpassy@marketwatch.com. Dear MarketWatch, My husband and I are …
Read More »Market Extra: Is the stock market open Christmas Eve? Holiday and New Year’s trading hours
Wall Street is looking forward to happy holidays and a farewell to a pandemic-stricken 2020 and a welcome to a new year, with the last two weeks in December representing abbreviated sessions. On Thursday, the New York Stock Exchange and Nasdaq will end trading at 1 p.m. Eastern Time (and …
Read More »Economic Report: U.S. consumer sentiment deteriorates in late December
The numbers: The second and final reading of the consumer sentiment index from the University of Michigan fell to 80.7 in December from an initial 81.4 earlier in the month. The index remained higher than the 76.9 reading in November. Economists polled by MarketWatch had forecast the index would slip …
Read More »: Trump’s longtime personal bankers resign from Deutsche Bank
Two Deutsche Bank employees responsible for lending to President Donald Trump and his son-in-law, Jared Kushner, have resigned. “Rosemary Vrablic and Dominic Scalzi have tendered their resignations to Deutsche Bank effective as of year-end, which was accepted by the bank,” Deutsche Bank AG DB, -0.28% said in a statement Tuesday. …
Read More »The Wall Street Journal: Village Voice newspaper to be resurrected under ownership of Southern California investment group
The Village Voice will be heard again. The iconic New York alternative weekly, which closed in 2018 after more than half a century of chronicling the city’s cultural life, will return early next year with a new owner. From the archives (August 2018): Famed New York alternative weekly Village Voice heads toward …
Read More »