Articles

MarketWatch First Take: Does anyone want to buy bankrupt SmileDirectClub?

The company, which has been controversial and combative ever since it went public in 2019, may have an extremely hard time finding a buyer.

Dow Jones Newswires: Japan ready to take action if yen falls sharply, finance minister says

The Japanese government stands ready to take action if the yen weakens too sharply, Finance Minister Shunichi Suzuki said Tuesday.

The Fed: Fed may have to raise interest rates once more this year, Mester says

The president of the Cleveland Fed said Monday the central bank "may well need to raise" interest rates once more this year and then keep rates high "for some time" to get inflation fully under control.

: Matt Gaetz files motion to oust Kevin McCarthy as House speaker

Rep. Matt Gaetz of Florida filed a resolution late Monday to remove House Speaker Kevin McCarthy, a fellow Republican, from his post as their chamber's leader.

The Human Cost: Working as a car valet and moving home with the parents: Borrowers prepare for the return of student-loan payments

More than a third of borrowers say they'll have to cut up to $500 from their budget to handle upcoming payments.

The Human Cost: $24 billion in pandemic-era funding for child care just expired. Will it impact your family?

More than 70,000 child-care programs could eventually close now that pandemic-era federal funding has expired.

: ‘RIP BBBYQ’: Social media reacts to elimination of Bed Bath & Beyond stock

In a filing Friday, Bed Bath & Beyond said that its shares are canceled, and “have no value” as the company’s bankruptcy plan takes effect

: Why home insurance prices in the U.S. went up 21% between 2022 and 2023

'New buyers are often not aware of how high insurance premiums can be.'

The Margin: Jets-Chiefs is highest-rated TV show since the Super Bowl, thanks to Taylor Swift and 2 million more female viewers

The Sunday Night Football game Swift attended averaged 27 million viewers, the most-watched TV show since Super Bowl LVII.

: WeWork to skip some $95 million in interest payments to talk with lenders

WeWork Inc. said late Monday it was skipping some interest payments so it can discuss its options with its lenders and preserve some of its liquidity.

The Fed: Fed’s biggest question is how long to keep interest rates high, Barr says

The central bank must decide how long to keep interest rates high to make sure inflation is tamed.

: Visa to invest $100 million in AI fintech startups focused on payments

Visa said in the extended session Monday it was launching a $100 million generative AI ventures initiative.
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