MARKETWATCH FRONT PAGE With the wild moves in the stock of GameStop and AMC Entertainment, or last week in cannabis makers, it’s not illogical to think of the stock market as a casino. Here’s what academic research finds. See full story. These retirees left their pricey life in Santa Cruz, …
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Nissan Motor Co. on Sunday said it was not in talks with Apple Inc. to develop an autonomous electric car, Reuters reported. Earlier, the Financial Times reported Apple had initiated brief, low-level talks that ended over the Japanese auto maker’s reluctance to manufacture Apple-branded cars. “We are not in talks …
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A new commodity ‘supercycle’ has started, according to Marko Kolanovic, the highly regarded quantitative analyst at JPMorgan. The commodity upswing, and oil CL.1, -0.24% move in particular, has started, and will be driven by the post-pandemic recovery, ultraloose monetary and fiscal policies, a weak dollar DXY, -0.04%, stronger inflation, as …
Read More » Elon Musk’s Tesla Inc. said that it has acquired $ 1.5 billion in bitcoins in January and that it could accept the world’s No. 1 digital asset for payment in the future. Tesla TSLA, +1.77% revealed the purchase in a regulatory filing with the Securities and Exchange Commission on Monday, …
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Dear Moneyist, My fiancé — or should I say eternal fiancé because he never wants to get married — recently shocked me when he flatly stated that he wants me off the mortgage and deed to our newly purchased waterfront home. We have lived there for a year and pay …
Read More » Spoiler alert: I own both gold and Bitcoin in my portfolio. As a longtime participant and observer of the shifting currents of monetary policy and financial markets, I believe both can play vital roles as repositories of value, especially in a world plagued by economic and political uncertainty. But although …
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Happy Friday MarketWatchers. Don’t miss these top stories: Jon Bon Jovi finally puts a price on his NJ mansion: it’s available for $ 20 million The rocker Jon Bon Jovi has relisted his rockin’ New Jersey estate. Now it comes with an important piece of information for potential buyers — …
Read More » Could Democrats be fighting the last war and wasting money on another $ 1.9 trillion economic relief package? Perhaps, if St. Louis Federal Reserve president James Bullard is right. The Fed official thinks the economy is already set for a strong recovery in 2021. It’s possible U.S. economic growth could …
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Former coronavirus task force coordinator Dr. Deborah Birx said her job was hampered by misleading information and COVID-deniers within the White House. In a wide-ranging interview with CBS News’ “Face the Nation” on Sunday, Birx said “outside advisers” were feeding then-President Donald Trump a “parallel data stream.” “ “I saw …
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