Insured losses from natural catastrophes topped $100 billion for the second year in a row, reinsurer Swiss Re said on Wednesday. Swiss Re SREN, +0.75% said insurance covered $132 billion worth of the $284 billion in economic damage caused by catastrophes including Hurricane Ian, hailstorms in France and floods in…
Legendary TV star Dick Van Dyke has reportedly been injured after crashing his Lexus in Malibu when he lost control of the wheel. The 97-year-old actor’s car skidded in wet weather conditions before smashing into a gate on Wednesday morning, TMZ reports. The ordeal left him with a bloody nose…
The Federal Deposit Insurance Corp. said Monday it’s extending the bidding for former units and assets of Silicon Valley Bank, which has been renamed Silicon Valley Bridge Bank since the government took it over on March 10. “There has been substantial interest from multiple parties, and the FDIC and the…
CHAPEL HILL, N.C. (MarketWatch) — What investment lesson are you drawing from Apple’s breathtaking plunge over the last couple of months?The one I think is most important is a contrarian one: To find your prince, you need to be willing to kiss a frog. For years now, this contrarian lesson…
My daughter is considering a Canadian school for her Bachelor’s degree. The school is on the U.S. Department of Education’s website as a “deferment only” school, which means a student cannot get new federal loans while at this school. But if she has existing loans, they can be deferred while…
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Spring is typically the busiest season for the real-estate market. But with limited inventory and high mortgage rates, purchasing a home remains an expensive and time-consuming process. MarketWatch spoke to three realtors about how home buyers can stand out from the competition.Mortgage rates are double where they were a year…
Shares of Nurix Therapeutics Inc. NRIX, -1.79% gained about 6% in premarket trading on Monday after Gilead Sciences Inc. GILD, -0.40% said it exercised the option to exclusively license Nurix’s targeted protein degrader molecule, which is being considered as a tool to treat inflammatory conditions like rheumatoid arthritis. Per the…
CHAPEL HILL, N.C. (MarketWatch) — Facebook Inc.’s revenue is growing at a fast pace. But it isn’t growing fast enough to support the social network’s current stock price. Facebook US:FB released its latest quarterly earnings after the close on Wednesday — reporting quarterly revenue of $1.59 billion. That brought revenue…
My uncle was married many years ago, but he divorced and has remained single ever since. His first wife took him to the cleaners financially. They had no children. He is currently in a romantic relationship and has enjoyed the company of the same lady friend for many years. They…