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MarketWatch, a leading publisher of business and financial news, offers users up-to-the minute news, investment tools, and subscription products.
Facebook safety exec to face Senate panel next week over teens’ mental health
Today 21:43 EDT
A Senate panel will grill a Facebook Inc. executive next week in the wake of a Wall Street Journal report that found Facebook had knowledge that its platforms have a negative impact on young users yet...
White House again raises using defense act to address chip shortage: report
Today 20:58 EDT
Bloomberg News reported Thursday that Commerce Secretary Gina Raimondo said the Cold War-era law is under consideration as a means of forcing better transparency from companies, to ease production...
This is why this super-successful growth investor no longer owns Tesla shares
Today 19:29 EDT
Dennis Lynch, head of Counterpoint Global, Morgan Stanley Investment Management, points to unit economics.
Barry Diller’s IAC may purchase magazine publisher Meredith
Today 18:58 EDT
IAC/InterActiveCorp. is in advanced talks to acquire magazine publisher Meredith Corp., owner of brands including People and Better Homes & Gardens, according to people familiar with the situation.
Progress Software stock rallies on earnings, outlook, acquisition
Today 17:41 EDT
Progress Software shares rallied in the extended session Thursday after the business software company topped Wall Street estimates, hiked its full-year outlook, and announced an acquisition.
DoorDash, other delivery workers receive sweeping protections under New York City laws
Today 17:12 EDT
The New York City Council on Thursday approved first-in-the-nation legislation that would guarantee minimum pay and regulate conditions for workers for DoorDash Inc., Uber Eats and other delivery...
Costco growth hits highest annual totals since 1990s after record quarterly profit, revenue
Today 16:29 EDT
The COVID-19 pandemic led to Costco Wholesale Corp.'s biggest annual growth in profit and sales since the 1990s, according to financial results reported by the retailer Wednesday.
Roku is making progress with a key growth aim, analyst says in upgrade
Today 16:29 EDT
Roku Inc. might not quite be ready for world domination, but its international progress is drawing cheers.
Fed’s popular repo facility sees record demand of $1.35 billion Thursday
Today 16:16 EDT
The New York Federal Reserve Bank's popular reverse repo facility set a record Thursday for overnight demand, the first day when the central bank had doubled the limit for individual user to $160...
Supply-chain pain will probably get worse this year, BofA warns
Today 16:09 EDT
The supply-chain pain that has developed during the pandemic will probably worsen this year, possibly depleting inventories, according to BofA Global Research.
Dow books 844-point, 2-day surge and Nasdaq Composite retakes perch above 15,000 at Thursday’s close
Today 16:09 EDT
U.S. stocks book another sharp gain on Thursday, extending a rally that kicked off in earnest on Wednesday after the Federal Reserve offered no surprises, signaling that it is on track to start scaling...
Eargo stock plummets to record low as the former hot IPO is now a target of a DOJ criminal probe
Today 15:24 EDT
Shares of Eargo Inc. lost more than two-thirds of their value on Thursday, after the hearing aids maker disclosed that it was the target of a government investigation for insurance fraud.
Why the debut of tipping bitcoin on Twitter isn’t just about tipping
Today 15:13 EDT
You can now tip bitcoin on Twitter, making the social-media platform one of the first major significant companies to offer such a payment feature on its platform.
New platform backed by Fidelity, Goldman seeks to bring IPO market into digital world
Today 14:33 EDT
A new technology platform backed by the biggest U.S. banks and money managers is aiming to bring the IPO market into the 21st century.
Tip your top tweeter with bitcoin, starting soon
Today 14:29 EDT
Twitter Inc. said Thursday it will allow users to start tipping their favorite accounts using several payments services including bitcoin.
Over 3 million Boppy newborn loungers are recalled after 8 infant deaths
Today 14:01 EDT
Approximately 3.3 million Boppy Newborn Loungers were sold nationwide at retailers including Amazon, Target, Walmart and Pottery Barn Kids.
Plug Power stock surges after Piper Sandler says time to buy, citing ‘tremendous forward momentum’ on green hydrogen plans
Today 13:54 EDT
Shares of Plug Power Inc. rallied Thursday, after Piper Sandler analyst Pearce Hammond turned bullish on the hydrogen and fuel cell systems company, citing valuation and "tremendous forward momentum"...
Citizens is shedding ‘Bank’ from its name as it stretches beyond its regional roots for a national presence
Today 13:44 EDT
CEO Bruce Van Saun says the company's recent string of acquisitions will bulk up its commercial and retail arms as a more diversified financial services company with a stripped-down name.
Lumber demand looks to strengthen as price volatility gives way to a ‘new normal’
Today 13:14 EDT
Lumber has been particularly volatile in the past three months, but demand and prices for the commodity are poised for a long-term climb as the market settles into its “new normal.”
U.S. household net worth jumps to record $142 trillion
Today 13:12 EDT
Total household net worth jumped $5.8 trillion to a record $141.7 trillion at the end of June, according to a report from the Federal Reserve released Thursday.
Nancy Davis wants to be the ‘Vanguard of convexity,’ as she rolls out a new low-cost fixed-income ETF
Today 12:13 EDT
Every week we highlight the most timely exchange-traded fund news, from new launches to inflows and performance.
Tesla, Fisker earn split views from these analysts
Today 12:06 EDT
Analysts at Tudor Pickering Holt on Thursday started coverage of shares of Tesla Inc. and Fisker Inc., favoring the newcomer Fisker with a buy rating.
Remitly stock pops more than 20% in trading debut as investors embrace upgrade for remittance technology
Today 11:46 EDT
In a vote of confidence for more modern remittance technology, shares of Remitly Global Inc. popped more than 20% in their initial-public-offering debut Thursday.
A.K.A. Brands shares slump in trading debut as company highlights risk that eco-conscious Gen Z shoppers will reject its fast-fashion business model
Today 11:34 EDT
A.K.A. Brands, a company targeting Gen Z and millennial shoppers with a fast-fashion business model, was facing further pushback from investors on Thursday, a day after a less-than-stellar stock market...
Federal Reserve seen more ‘hawkish’ as Powell tees up tapering, but the market signals economic growth concerns
Today 11:31 EDT
Investors were ready for the Federal Reserve to tee up a possible announcement of a tapering of its bond purchases in November in its policy statement Wednesday, but a slowing economic recovery could...
Former Fed official says his biggest worry is a ‘major reversal’ in progress toward containing COVID
Today 11:14 EDT
Former Atlanta Fed President Dennis Lockhart speaks to CNBC, a day after Federal Reserve's policy update, and says the direction of the U.S. economy is still ``virus dependent.''
Target, Amazon highlight flexible schedules, higher pay and other benefits to attract workers
Today 11:09 EDT
Target plans to hire 100,000 seasonal workers for the holidays
The U.S. economy is still plowing ahead despite delta, new surveys show
Today 10:58 EDT
A pair of new surveys of the economy show the U.S. is still expanding at a rapid pace, but ongoing labor and supply shortages are still acting as a drag on growth.
House Democrats aim to spend $4 billion on ‘reconnecting communities’ severed by highways
Today 10:37 EDT
The Democratic-run House Transportation and Infrastructure Committee’s proposals for the party’s $3.5 trillion spending package include $4 billion for "reconnecting communities" and related projects,...
CDC to meet on boosters just hours after FDA authorized their use in seniors and high-risk individuals, and Africa slams UK’s travel rules
Today 10:35 EDT
A team of advisers to the Centers for Disease Control and Prevention is expected to wrap up a two-day meeting Thursday on booster shots of the COVID-19 vaccine, just hours after the Food and Drug...
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