Dear MarketWatch, I am trying to come up with a path to retire within the next two to three years and need some help. I will be 54 this summer and my wife is 48. Between us we make about $ 210,000 a year. We currently have about $ 1.6 …
Read More »Capitol Report: Former Trump lawyer and ‘fixer’ Michael Cohen says he learned about startups in prison as he pleads for early release
Michael Cohen, former President Donald Trump’s former personal lawyer, said in a newly unsealed court document that he learned about startups in prison, as he pleaded to be released early from home confinement. Cohen — who was convicted in 2018 on charges including campaign-finance violations related to a hush-money scheme …
Read More »: Some wealthy hospital donors received early COVID-19 vaccinations — those institutions have a wide variety of explanations
Relief over the arrival of COVID-19 vaccines in the U.S. quickly curdled into frustration over supply shortages, delivery problems, and unequal distribution. But one group has gotten a head start in receiving the coveted shots: people who’ve donated money to hospitals distributing the vaccine. Hospitals from coast to coast have …
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 »: Robinhood reportedly seeking advisers for possible IPO in early 2021
Robinhood’s investment app is popular with younger investors. AFP/Getty Images Robinhood Markets Inc. is seeking banking advisers for a potential initial public offering as soon as the first quarter of 2021, Bloomberg News reported Tuesday. Bloomberg said the brokerage-app company is still mulling its options and may not opt for …
Read More »Top Ten: Weekend reads: An early warning sign for Tesla’s stock
The tech-heavy Nasdaq Composite Index, after a long and steady rally this year, suffered its biggest two-day loss since mid-March to close out the week. Before those declines, there were warning signs from Wall Street analysts who ordinarily shy away from rating any stock a “sell.” Shares of Tesla TSLA, …
Read More »Market Extra: Stock-market selloff: Why it’s too early to call tech rout the start of a correction
Big rallies often come to an ugly end — and that was certainly the case Thursday for tech stocks and other high-flying sectors that have benefited from momentum-driven waves of buying. But that doesn’t mean a full-fledged correction for the most popular stocks — or the broader market — is …
Read More »: Pfizer and BioNTech say regulatory review for Covid-19 vaccine could be as early as October
A lab technician uses a pipette dropper during the antigen quantification process of the coronavirus vaccine research at the Valneva SA laboratories in Vienna, Austria, on Thursday, Aug. 6, 2020. T Akos Stiller/Bloomberg News Pharmaceutical group Pfizer Inc. said its Covid-19 vaccine candidate, being developed jointly with BioNTech SE, was …
Read More »Economic Report: Jobless claims fall to four-month low of 1.31 million in early July, but layoffs still high
The numbers: The number of initial jobless claims fell by almost 100,000 in early July to a four-month low 1.31 million, but the pace of layoffs is still quite high and appears to be bogging down an economic recovery from the coronavirus pandemic. Initial jobless claims, a rough gauge of …
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