Articles

New York Community Bancorp led increase in loan-loss reserves by big regional banks as lenders brace for potential downturn

While the reserve boost disclosed as part of its fourth-quarter update last week isn’t considered a major factor for the stock’s slide, it’s part of a move by most large regional banks to be prepared for a potential downturn.

Retirement help may be coming for small-business employees and gig workers

A proposed bill in Congress would require employers with more than 10 workers to enroll their employees in IRAs.

U.S. budget deficit expected to shrink in 2024 before resuming its rise

The 2024 U.S. budget deficit is projected to come in slightly smaller than last year’s, but longer term, the deficit will continue to rise, reaching $2.6 trillion in 2034.

Why Snoop Dogg and Master P say Walmart and Post ‘sabotaged the success of Snoop Cereal’ in new lawsuit

Rappers Snoop Dogg and Master P have accused Walmart Inc. and cereal giant Post Consumer Brands of using “diabolical actions” to drive their upstart brand, Snoop Cereal, out of business.

Stock-market investors fear a megacap meltdown. Here’s what history says.

Investors spent 2023 fretting about the sustainability of a stock-market rally largely driven by a handful of megacap tech stocks. Those worries remain in place as the S&P 500 has returned to record territory in the new year.

Merck, J&J and Bristol Myers CEOs face drug-pricing grilling on Capitol Hill, but experts cite deeper problems under the radar

Lawmakers have emphasized gaps between U.S. list prices and overseas costs for a handful of drugs made by the three drugmakers.

Hilton’s stock rises as analysts welcome new partnership with boutique chain

Hilton Worldwide Holdings Inc.’s stock rose 1.2% Wednesday, reversing its early losses as analysts focused on a fourth-quarter profit beat and news of a new partnership.

MicroCloud Hologram’s stock surges on record volume, but don’t call it a short squeeze

Shares of MicroCloud Hologram Inc. rocketed toward a record gain on record volume Wednesday, just days after a reverse stock split took effect that helped lift the price back above the key $1 level.

Hockey Hall of Famer Chris Chelios drops the price on his magnificent Malibu mansion to $67.5 million

NHL legend Chris Chelios has lopped a chunk of money from his California home’s list price, but it’s still likely to net the former defenseman many millions.

Boomers make up 30% of consumer spending — so why do advertisers ignore them?

Ageist advertising misses out on a key audience, critics say.

Fed’s Barkin says it makes sense to be ‘patient’ on rate cuts

It is prudent for the Federal Reserve to take its time with interest-rate cuts, Richmond Fed President Tom Barkin tells MarketWatch.

Ford’s ‘hidden gem’ earns praise as a ‘standout’ in automotive industry

Ford stock jumps after the carmaker’s quarterly beat and as a “standout” unit carries the day, but analysts remain cautious about Ford.
1 1,058 1,059 1,060 1,061 1,062 1,889