Fanatics Inc. will buy the U.S. operations of Australia’s PointsBet for about $150 million, in the company’s largest foray yet into sports betting. PointsBet PBH, -21.14% announced the deal Sunday night, specifying that the acquisition only applies to PointsBet’s U.S. assets, not its businesses in Australia and Canada. CNBC first…
Chinese lithium producer Ganfeng Lithium shares jumped in both Hong Kong and China, as investors welcomed the company’s latest move to expand its mining and battery production businesses. The company’s Hong Kong-listed shares 1772, +6.31% have gained as much as 8.0% and were last up by 5.5%. In Shenzhen, Ganfeng…
So much for the stock-market climbing the proverbial wall of worry. The S&P 500 index continues to struggle in a tight range and some analysts see little prospect for a breakout until two, very big worries are in the rearview mirror. No surprise, the culprits are the persistent worries about…
Hello and welcome to Financial Face-off, a MarketWatch column where we help you weigh a financial decision. 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 by emailing our columnist at [email protected]. Wedding season…
A debt-ceiling dilemma, regional-banking woes and the market’s apparent predilection for ultralow interest rates have one common factor, according to Jim Grant, prominent author of Grant’s Interest Rate Observer: The Federal Reserve. Grant has been a particularly tough critic of the central bank, which he says has caused a lot of…
There’s a lot of numbers to weigh when it comes to retirement—but what’s your number? Working Americans think they need $1.1 million to retire, according to the Schroders 2023 U.S. Retirement Survey, but how does each individual really figure out what they will need in a retirement that could last decades?…
This article is reprinted by permission from NerdWallet. The investing information provided on this page is for educational purposes only. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments.The Federal Reserve has increased its benchmark…
Dear MarketWatch, My husband and I would love to retire on a nice, quietish lake an under 11-hour drive from Los Angeles. Our budget is around $500,000 for two to three bedrooms. Any suggestions? Thank you, Kristin Dear Kristin, Living on the water tends to cost a small fortune and…
Unquestionably, the best time to retire is after you have accumulated more money than you will ever need.But that’s not possible for everyone, and today I’ll show you how to retire with savings that aren’t necessarily as ample as you’d like.This is Part 5 in a series of articles I…
I credit Google, the pandemic and my love of the water for my start in athletic rowing at 57 years old. A move to Florida in the first months of the pandemic left me searching for an outdoor activity where I’d feel safe from COVID. I searched “Orlando rowboat,” thinking…