U.S. presidents don’t usually wade into the minutiae of airline seat selection, yet that’s exactly what President Joe Biden did during his State of the Union Address earlier this year, spending nearly two minutes of the speech decrying “junk fees.” “We’ll prohibit airlines from charging $50 round-trip for a family…
U.S. stocks flipped between small gains and losses Monday, with the S&P 500 near the top end of its recent range ahead of the first full week of first-quarter earnings season.How stocks are trading The Dow Jones Industrial Average DJIA, -0.00% was up off 45 points, 0.1%, at 33,844. The…
Bond yields nudged higher on Monday as calmer conditions across markets softened demand for the perceived safety of government bonds.What’s happening The yield on the 2-year Treasury TMUBMUSD02Y, 4.156% climbed 5.5 basis points to 4.165%. Yields move in the opposite direction to prices. The yield on the 10-year Treasury TMUBMUSD10Y,…
Will optimism hold as earnings season gets fully under way this week and is banking stress done? Our call of the day, from Morgan Stanley’s chief U.S. equity strategist Mike Wilson, warns of a long shadow cast by March stress, despite a mostly upbeat stock market. “In contrast to what…
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April is National Financial Literacy Month. To mark the occasion, MarketWatch will publish a series of “Financial Fitness” articles to help readers improve their fiscal health, and offer advice on how to save, invest and spend their money wisely. Read more here.If you’re feeling underwhelmed by the size of your income-tax…
April is National Financial Literacy Month. To mark the occasion, MarketWatch will publish a series of “Financial Fitness” articles to help readers improve their fiscal health, and offer advice on how to save, invest and spend their money wisely. Read more here.Millions of Americans file taxes every year in a…
Traveling this summer may require a lot of patience and grit as the aviation industry tries to keep up with demand. After an epic meltdown last summer, many travelers may be emotionally prepared for another tumultuous travel season up ahead. “It’s gonna be the summer of discontent for air travel,”…
India became the world’s most populous country on Friday, ending China’s reign as No. 1, according to an analysis of United Nations population projections. The analysis shows that India’s population reached 1,425,782,975 on Friday. India has overwhelming economic potential, not only due of its population size, but also because of…
It will likely be several weeks before we know the Supreme Court justices’ view on mass student debt cancellation. But last week, the court allowed at least $6 billion in student-debt relief for roughly 290,000 borrowers to move forward. The court declined a petition Thursday from three schools to stop a…