Good things come in threes, it’s often said. But what happens when a formerly tight trio becomes dominated by a power couple? In the asset-manager world, BlackRock BLK, +0.09%, State Street Global Advisors STT, +1.51%, and Vanguard have been known for the past several years as the “Big Three” behemoths, …
Read More »The Moneyist: My wife pushed me into buying a home because she provided 2/3 of the down payment. Now I’m stuck in a house I hate
I have measured out my life with coffee spoons;I know the voices dying with a dying fallBeneath the music from a farther room.So how should I presume? “The Love Song of J. Alfred Prufrock” by T.S. Eliot Dear Moneyist, My wife and I purchased a home a year ago. I …
Read More »Earnings Results: Cisco stock rallies 8% as results, outlook top Street view
Cisco has reported a year-over-year decline in revenue for four consecutive quarters. AFP via Getty Images Cisco Systems Inc. shares surged in the extended session Thursday after the maker of network services, videoconferencing tools and security software’s quarterly results and outlook topped Wall Street estimates, and it announced a new …
Read More »The Ratings Game: Ulta Beauty shares jump after ‘mutually beneficial’ partnership with Target announced
Both Target and Ulta will benefit from the beauty partnership they’ve announced, analysts say Target Ulta Beauty Inc. ULTA, -1.48% shares jumped 7.4% in Tuesday trading after the retailer and Target Corp. TGT, +0.19% announced a partnership that would bring Ulta shops to Target locations. Ulta Beauty stock has rallied …
Read More »Outside the Box: Americans need another stimulus bill now to get through 9 more months of the coronavirus pandemic
The U.S. economy is recovering but there’s still a long way before it comes back to even. With the overhang of the presidential election largely behind us, Congress should quickly pass another stimulus bill. Although U.S. GDP rose 7.4% in the third quarter of 2020, the economy is still more …
Read More »Personal Finance Daily: A sobering figure for Veterans Day: 200,000 service members owe nearly $3 billion in student loans, and think twice before saying Alex Trebek ‘lost his battle’ with pancreatic cancer
Hi there, MarketWatchers. Don’t miss these top stories: Personal Finance Why Major Biden becoming the first shelter dog in the White House is a big deal 2020 has seen a ‘massive surge’ in animal fosters and adoptions, and a rescued First Pet could inspire even more. Yankees legend Andy Pettitte …
Read More »Metals Stocks: Gold prices decline as stocks, U.S. dollar and yields rise
Gold futures declined in Wednesday dealings, with the precious metal relinquishing some of the modest recovery from the previous session amid a trifecta of headwinds: a stronger U.S. dollar, rising stocks and higher bond yields. “Higher yields in the US are continuing to provide some support for the dollar which, …
Read More »The Moneyist: I have 8 nieces and nephews. What is the appropriate age to stop giving envelopes full of money during the holidays?
Dear Moneyist, I have three children ages 16, 18 and 20 and also eight nieces and nephews ranging in age from 12 to 32. My sticky situation involves the holidays, namely Christmas. We don’t exchange gifts for the kids anymore, but still give them cards and money. I don’t believe …
Read More »The Margin: In 2018 it was Republicans blasting Democrats as ‘sore losers’ with a ‘problem conceding defeat’
Fox News/”The Daily Show” Two years later, and the partisan shoe is on the other foot. Witness this compilation by Comedy Central’s “The Daily Show” of conservative figures taking aim at the Democrats for complaining of irregularities in the conduct of 2018’s midterm elections. Stacey Abrams, notably, did not explicitly …
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