Business
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Nvidia and Best Buy suggested a pandemic-era tech bottleneck is ending. Now we see for sure
Best Buy Co. BBY, +4.28% Chief Executive Corie Barry said last week she expected the downtrend in tech-product demand to bottom out soon, with a rebound in the second half of the year. Executives for chip maker Nvidia Corp. NVDA, +2.54% said their logjam of products that could not find buyers after a pandemic surge…
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Zooey Deschanel on her new show — and the $15 grocery-store price tag she couldn’t stomach
Zooey Deschanel wants to make sure you’re not mentally checked out the next time you fill up a shopping cart, whether in a store or online. “The New Girl” star’s latest gig is an unscripted series that just dropped on the Warner Bros.–owned WBD, +3.16% streaming service formerly known as HBO Max (now Max) called…
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One of the most expensive real-estate markets in America just got pricier
The Big Apple is living up to its name as one of the most expensive places to live, with rents at record heights. As government officials and companies try to bring more workers back into the city, a new report by real-estate company Douglas Elliman and appraiser Miller Samuel found that rents were up in…
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The riskier side of buy now, pay later services: ‘It is kind of a recipe for disaster if not managed carefully’
Although they are marketed as having no fees and no interest, some buy now, pay later products do include such charges — but it can be hard for consumers to know what they are getting into. That’s according to new research by Consumer Reports, which looked at major companies’ lending, privacy and consumer-protection policies. The…
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Nvidia CEO tells graduates: Take advantage of AI or get left behind
““While some worry that AI may take their jobs, someone who’s expert with AI will.”” Those were the words of Nvidia Corp. founder and Chief Executive Jensen Huang on Saturday, as he gave the commencement address at National Taiwan University in Taipei. Huang told graduates that businesses and individuals alike need to become familiar with…
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Stock, bonds, or cash? Here’s investors’ best playbook for the debt ceiling, Fed policy and recession risks
The bond market hasn’t been this popular for over a decade. For almost 15 years after the financial crisis of 2008, bond yields remained low and the U.S. stock market was much more appealing. That’s no longer the case. Treasury bills TMUBMUSD01Y, 5.246%, which are arguably the safest debt, are now offering yields well above…
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If you own these stock index funds, you’re already invested in AI. But there may be better strategies.
Artificial Intelligence is not only the latest and hottest stock-market buzz term, it promises to lead a long-term drive toward new capabilities and efficiency. Some people are already frightened of the new technology and some are already making a lot of money from it. The broad stock indexes are heavily loaded with the largest AI…
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We bought a falling-down 100-year-old home. We tried to renovate, but things took a turn for the worse.
[]Dear MarketWatch, We have a family home that is nearly 100 years old. My partner and I bought the home from our family for a discounted price, thinking we would build a new home on the property. We started the new build process in early 2020 and then the pandemic hit. We were able to…
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‘There’s no blueprint’: If U.S. defaults on debt, $12 billion in benefits for veterans and their families is at stake
While debt-ceiling negotiations could grind through the Memorial Day weekend, members of the military and veterans are some of the people who could suffer financially if lawmakers don’t reach an agreement soon. As early as June 1, if there is no deal on the debt limit, the U.S. government might no longer be able to…
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Where did laid-off tech and media workers go? They’ve found jobs in these industries.
More than 199,000 global tech-sector employees have been laid off since the start of 2023, according to data compiled by the website Layoffs.fyi, and the number of global tech layoffs has risen almost eightfold since mid-January. So where did those workers end up? Former tech and media workers have landed new jobs in the same sector,…