In bear markets, winnings tend to go to investors who focus on fundamentals, not fads, and who pick stocks based on traditional business principles rather than the latest experimentation in finance or society. Many stock investors are sidelined today, facing crushing losses in crypto or tech, and a general bruising across equities. They’re confused by…
Millions of Americans will be driving from sea to shining sea over the Fourth of July weekend, historically high gas prices be damned! That’s according to AAA’s Independence Day travel forecast, which expects a record 42 million people to hit the road during the holiday weekend spanning June 30 to July 4, even as national…
Read More “Fourth of July travel: 42 million people to hit the road, despite gas prices” »
Deutsche Bank, the first major bank to predict a US recession in the current inflationary era, now sees a chance that price gains won’t come off nearly as much as forecasters or Federal Reserve policy makers think they will. Deutsche Bank DB, -2.61% Macro strategist Tim Wessel said in a phone interview on Wednesday that…
More than 120 companies including Intel, Nvidia and Texas Instruments recently signed a letter urging Congress to accelerate negotiations to get a bill passed that would massively scale chipmaking in the US. The group of A-list companies, which also includes Amazon AMZN and Microsoft MSFT, design, manufacture or provide critical infrastructure to the semiconductor industry….
If you’re a former jet-setter who hasn’t taken a business trip in years, continue to hang in there. Business travel dropped in 2020 and 2021, and it’s still not back. US hotel business travel revenue for 2022 is expected to be 23% below pre-pandemic levels, according to an April report from the American Hotel &…
Read More “Do you miss business trips? Here’s when the industry is expected to recover.” »
My initial experience charging an electric vehicle at public stations was eye-opening. I had previously heard, read, and written about charging stations, different types of chargers, and other information about EV charging. Still, there is often a learning curve when trying something new with your own hands in the real world. Read on to learn…
Read More “The lessons I learned the first time I charged an EV in public” »
Hello and welcome to Financial Face-off, a MarketWatch column where we help you weigh financial decisions. Our columnist will give her verdict. Tell us whether you think she’s right in the comments. And please share your suggestions for future Financial Face-off columns. Summer is here, and so is your chance to get away from it…
Read More “Rayo Vallecano vs. Salamanca ‘staycation’: How to decide which one makes sense for you” »
The Dow Jones Industrial Average won’t be trading on Monday when the new Juneteenth federal holiday is observed, because the stock market will be closed, and so will many of the Dow’s components. That’s a relatively quick turnaround for the New York Stock Exchange and Nasdaq exchange to close for Juneteenth, just one year after…
Read More “Here’s how some Dow industrials companies are observing the Juneteenth holiday” »
Federal health officials said Sunday that Pfizer’s COVID-19 vaccine appears safe and effective for children below the age of 5, clearing another hurdle on the path toward adding that group to the nation’s vaccine program. The FDA posted its analysis of the Pfizer PFE shot ahead of a Wednesday meeting where outside experts will vote…
Everyone’s favorite trade in the stock market, technology, has gone the way of the dodo. Oil and value stocks are all the rage. But one part of technology – semiconductors – is vital not only to the technology sector in the stock market but to the global economy and industries from cars to computers. The…
Read More “Opinion: As tech melts down, a truth remains: Semiconductors are eating the world” »
