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The Market

Help Me Retire: I’m 63, a widow and lost my job because of COVID. I don’t have much in savings and feel lost. What can I do?

Dear MarketWatch, I’m a 63-year-old widow laid off from my restaurant job of 34 years. I’ll never be able to make the money I was making before COVID. I was going to work for a few more years to pay off some bills. I was thinking about getting survivor’s benefits …

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Top Ten: Weekend reads: Following Tesla and Apple, more stock splits are coming and they can help you make money

When companies’ share prices move very high, some consider splitting the shares so that the lower prices will attract more investors. This can be a positive for stock performance over the long term. Tesla Inc. TSLA, +1.83% will split its stock 5-for-1 on Aug. 31 and Apple Inc. AAPL, -0.08% …

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Market Extra: Goldman gets rosier on ‘junk’ rated companies, trims default forecast to 10.5%

Rainbow, North East England. Owen Humphreys/Zuma Press Goldman Sachs has gotten on the bandwagon in terms of thinking defaults by speculative or “junk” rated U.S. companies won’t get a whole lot worse this year. Analysts at the bank this week cut their default forecast for the sector to 10.5% from …

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Economic Report: Consumer sentiment remains weak in August amid swirling coronavirus pessimism

Americans didn’t feel any better about the economy or their own financial situation in August than they did in the previous month, reflecting broad worries about the still-spreading coronavirus and the likelihood of a slow recovery, a new survey showed. The preliminary reading of the consumer sentiment survey in August …

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Asia Markets: Asian markets muted as traders warily await U.S. stimulus deal

Asian markets were little changed in early trading Friday, after stocks fell on Wall Street as the stalemate over a second coronavirus-aid plan continued to fester on Capitol Hill. Japan’s Nikkei 225 NIK, +0.17% was nearly flay, while Hong Hong’s Hang Seng Index HSI, +0.05% slipped 0.2%. The Shanghai Composite …

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‘Fortnite’ maker accuses Apple of illegal monopolistic practices in tech battle royale that appears headed for a courtroom

The maker of “Fortnite” has launched a Battle Royale against Apple Inc., accusing the tech giant of seeking to “unlawfully maintain its monopoly.” Epic Games said Thursday it filed legal papers against Apple AAPL, +1.77% after the iPhone maker booted the company’s hit game “Fortnite” out of its App Store, …

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Key Words: Florida Gov. Ron DeSantis likens reopening schools to killing Osama bin Laden

“ “Just as the SEALs surmounted obstacles to bring Osama bin Laden to justice, so too would the Martin County School system find a way to provide parents with a meaningful choice of in-person instruction or continued distance learning.” ” — Gov. Ron DeSantis That was Florida Gov. Ron DeSantis …

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: U.S. holds tariffs on E.U. products over Airbus aid

FILE PHOTO: An Airbus A350 takes off at the aircraft builder’s headquarters in Colomiers near Toulouse, France, September 27, 2019. REUTERS/Regis Duvignau/File Photo regis duvignau/Reuters The U.S. said tariffs on European Union products will remain unchanged despite efforts by Airbus to move into compliance with a World Trade Organization decision …

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When are people with COVID-19 at their most contagious?

The coronavirus pandemic hit another unwelcome milestone this week with the number of COVID-19 infections now at 20,452,313 million globally, according to the latest data aggregated by Johns Hopkins University’s Center for Systems Science and Engineering. But the actual number of cases is likely much higher, health authorities say. The …

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