Articles

7 trends to watch in the food world — from freeze-dried candy to mushroom coffee

The United States has become a nation defined by its taste for all things gourmet, be it high-end coffee or imported olive oil. But what trends will define the future of food?

Natural-gas prices dropped 11% this week. Beryl may fuel further losses.

Natural-gas futures posted a nearly 11% weekly drop on Friday, pressured by an apparent slowdown in demand that came ahead of the Fourth of July holiday — and prices could take a further hit with the storm known as Beryl forecast to hit parts of Texas, potentially slamming demand for the fuel.

U.S. economy and jobs market are showing cracks. Fed rate cuts are not far off.

Forget the summer heat: The economy appears to have caught enough of a chill that the Federal Reserve is likely to cut interest rates soon.

Nio’s stock hit hard as E.U. to charge China-based EV makers sharply higher duties

Nio’s stock pulled back sharply Friday in the wake of the European Union’s decision to impose higher tariffs on electric vehicles imported from China.

How the IRS is using a bigger budget — and more ‘swagger’ — to audit more rich taxpayers. ‘They are pushing hard now.’

Longtime tax avoiders are realizing they had taken “false comfort” in thinking they weren’t on the IRS’s radar.

How a burger-shack owner allegedly toppled a government and evaded taxes on $7 billion in U.S. military contracts

Douglas Edelman has been charged with hiding $350 million in income. He allegedly spent the money on yachts and an Austrian chalet.

How to trade Tesla’s stock

Also: An expensive stock market, improving home affordability in some areas, and a different way to think about Nvidia’s success.

Trader Joe’s receipt goes viral after parents show the cost to feed six kids

A video showing a California mom’s $444 grocery bill has been viewed over 17 million times. And she told MarketWatch she’s actually okay with the amount.

Nvidia’s stock gets a downgrade as AMD, TSMC shares are deemed top plays

New Street Research sees reason for “a more prudent view” on Nvidia’s stock.

Gold and silver futures look to end at 1-month highs after monthly U.S. jobs data

Gold and silver futures looked to post their highest settlements in a month on Friday as downbeat U.S. economic data fueled expectations for an interest-rate reduction by the Federal Reserve.

Tesla’s stock set to extend long win streak, turns green for first time in 2024

Tesla’s stock battled through a seesaw start to trade higher Friday, as they looked to extend their longest winning streak in more than a year.

Why one Wall Street strategist is done publishing year-end targets for the S&P 500

One Wall Street macro strategist has decided to abandon the practice of publishing year-end targets for the S&P 500, arguing that these forecasts no longer provide much benefit to clients.
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