Markets
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Australia’s Newcrest Mining agrees to $17.5 billion takeover by Newmont
SYDNEY — Newcrest Mining NCM, +1.52% said it has agreed to a $17.5 billion takeover by Newmont NEM, +1.54%, extending a wave of deals in the sector as global miners seek to boost their exposure to metals like copper and gold. Newcrest said on Monday that it recommends shareholders vote in favor of Newmont’s offer,…
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WKHS Stock Price | Workhorse Group Inc. Stock Quote (U.S.: Nasdaq)
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Fanatics to buy PointsBet’s U.S. sports-betting business for $150 million
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 reported the deal. Fanatics did…
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Why the stock market will struggle to rally until debt ceiling, bank woes are in rearview mirror
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 regional U.S. banks following the…
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Should couples combine finances or keep separate accounts? One option leads to a happier marriage, study finds.
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 is upon us. Couples…
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‘The Fed is problem No. 1 in American finance,’ right now, says prominent market pundit
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 damage to the economy and…
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What’s your retirement ‘number’? How to figure it out.
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? “It is very difficult…
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Some brokerage sweep accounts are paying more than 4% on uninvested cash—is this a good place for your savings?
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 interest rate nine times…
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We want to retire on a quiet lake within an 11-hour drive of L.A. for around $500,000. Where should we go?
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 being on the West Coast…
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You don’t have to be rich to retire well — here’s how you do it
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 think of as…