Articles

Market Extra: Subprime car-loan rates are hitting 17%-22%. Should investors be worried?

Many borrowers with subprime credit are paying rates of about 17% to 22% this year on auto loans. Even higher rates or a recession could spark blowback.

Weekend Sip: This pricey tequila has roots in Ukraine

Normally, when we talk about tequila, we talk about Mexico, where the agave-based spirit hails from. But Laneta is a tequila that also has roots in a very unexpected place --- namely, Ukraine.

Washington Watch: Ray Dalio thinks the U.S. is courting a debt crisis. Are regulators moving fast enough to avert it?

As the U.S. economy struggles under the burden of rising interest rates, many top investors are questioning the wisdom of buying U.S. Treasurys.

: ‘There’s so much housing stock in this country’: Cheap old houses offer a glimmer of hope to younger generations dreaming of owning a home

As home prices stay high and rising mortgage rates shrink how much buyers can afford, some explore the idea of buying a cheap, old, fixer-upper home.

TaxWatch: The 2023 tax season is ending. Here are 3 steps to take now for the 2024 tax season and beyond.

Savvy year-end tax planning can maximize tax benefits and minimize tax bills.

: What’s driving up prices for sporting events? Taylor Swift is one factor, alongside inflation and pent-up demand

Americans spent $36 billion on watching sports in person in August, compared to $29 billion the previous year, according to the latest data.

: Israeli exec who hired Palestinians in tech boom still hopes for peace while mourning slain daughter

The cofounder of an Israeli tech company that became Nvidia's largest acquisition in history lost his daughter in a Hamas assault on southern Israel last week.

: Lululemon’s stock to join S&P 500 index

Lululemon's stock jumps more than 5% on news it will join the S&P 500 by next week, replacing Activision Blizzard.

: Pfizer’s stock sinks after company slashes $9 billion from outlook on lower COVID product demand

Pfizer and biotech drug maker shares fell after Pfizer slashed its full-year earnings outlook due to a drop in demand for COVID pills and more.

Mutual Funds Weekly: These money and investing tips help you stay in the game no matter the score

Money and investing stories popular with MarketWatch readers over the past week.

: Lyft says two board members have resigned

Ride-hailing platform Lyft Inc. on Friday said that Mary Agnes Wilderotter and Valerie Jarrett had resigned from the company's board.

The Ratings Game: PayPal versus Block: Here’s HSBC’s preferred stock play on a fintech turnaround

Bulls are hoping that both PayPal and Block can stage financial comebacks in the near future, but HSBC is partial to shares of PayPal.
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