MARKETWATCH FRONT PAGE A more apropos adage for today’s market bears may be that when an outbreak of coronavirus grinds the world’s second-largest economy to a halt, the rest of the world catches a recession. See full story. My husband watches TV all day while I cook and clean. He …
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MARKETWATCH FRONT PAGE A more apropos adage for today’s market bears may be that when an outbreak of coronavirus grinds the world’s second-largest economy to a halt, the rest of the world catches a recession. See full story. Berkshire Hathaway posts $ 29.2 billion quarterly earnings and holds $ 128 …
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Interactive Brokers Group Inc. was in talks with E-Trade Financial about merging their brokerage operations but decided the deal didn’t make sense, according to Interactive’s founder Thomas Peterffy. Peterffy, a digital trading pioneer who founded the online platform in 1978, told MarketWatch in a phone interview on Thursday that Interactive …
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What happens when everything rises all at once? That’s what some investors are scratching their heads about as they look out at the current landscape on Wall Street. On Wednesday, the Dow Jones Industrial Average DJIA, -0.99%, the S&P 500 SPX, -0.93% and the Nasdaq Composite COMP, -1.39% indexes drifted …
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Kraft Heinz Co., the company that makes Kool-Aid and Velveeta, saw its bonds lose their investment-grade status and fall into “junk” territory after two credit ratings firms on Friday downgraded the debt. The moves by Fitch Ratings and S&P Global Ratings turned Kraft’s debt into a “fallen angel,” a term …
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