US stocks rose, but gave back some of the gains seen after stronger-than-expected quarterly results from Goldman Sachs and attempted to build on upside momentum from late last week as investors assessed the scope of an expected Federal Reserve interest rate hike next week. How stocks are trading The Dow Jones Industrial Average DJIA, +0.45%…
Goldman Sachs Group Inc. and Bank of America Corp. shares pared some of their steep losses for the year Monday, as they aired second-quarter results that provided bright spots despite lower overall earnings from the year-ago period. The two megabanks marked the last two of the six megabanks reporting weaker profits amid stark changes in…
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Vanguard released its sixth environmental, social and governance fund Monday, joining with UK investing firm Baillie Gifford to launch an actively managed, global equity fund that invests in companies the managers believe will produce a positive social change. Vanguard Baillie Gifford Global Positive Impact Stock Fund will invest in companies the fund managers believe will…
Read More “Vanguard adds an ‘impact fund’ that targets social and environmental change” »
Inflation is a nightmare for many Americans who already stretch their dollars to cover basic needs. What happens when those dollars lose value? Their choice is probably not about whether to cut streaming services or opt for store-brand groceries. Instead, they may have to choose between buying enough food and paying rent. The families hit…
Read More “Budget already squeezed? 6 more things you can do to stay ahead of inflation.” »
The decade leading up to your retirement is one of the most critical periods for retirement planning. There are a number of financial planning issues to consider during this time period to help ensure a financially secure retirement for you. Prepare a retirement spending plan This is the time to take a hard look at…
Read More “7 financial planning steps to take in the decade before retirement” »
Imagine that all your belongings are destroyed in a house fire. Thankfully, you have insurance. But to file a claim and get reimbursed, you have to make a list of everything you lost. How many of your belongings would you be able to remember? I tried it on a smaller scale, listing everything I could…
Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch, and I’ll walk you through the latest in this bear market. Find me on Twitter at @FrancesYue_ to send feedback, or tell us what you think we should cover. You can also…
Read More “As crypto prices crash, some blockchain projects may be struggling to survive” »
US stocks fell sharply Thursday as investors braced for the possibility of a full percentage point increase in the Federal Reserve’s benchmark interest rate later this month, while weak megabank earnings also weighed on sentiment. The S&P 500 is on track to mark its fifth day in the red – the longest losing streak for…
JPMorgan Chase & Co. shares fell Thursday after the bank missed profit targets and temporarily suspended its stock buybacks to build up its balance sheet for an expected economic downturn, even as much of its business remains healthy. Morgan Stanley MS, -2.15% also failed to match analyst earnings estimates as the banks navigated a much…
Read More “JPMorgan and Morgan Stanley shares slide after earnings fall short of estimates” »
Yotsy Ruiz recently bought his first ever crypto hardware wallet – a Nano X from Ledger. He is transferring all his crypto holdings so that he can still move to the small physical device which looks like a USB flash drive, and away from large centralized exchanges such as Binance and Coinbase. The 40-year-old resident…
