Markets
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Can you row after 50? It’s a great low-impact exercise with many benefits.
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 I’d buy a small boat…
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I’m sick and tired of tipping 20% every time I eat out. Is it ever OK to tip less? Or am I a cheapskate?
I’m afraid to bring this up with friends in case they call me a “Karen” or tell me I’m being selfish or a skinflint. Over the past 12 months, I have seen my rent go up by 25%. I’m paying $3,200 for a one-bedroom apartment. I will never be able to save for my own…
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Working mothers talk about ‘mom tax’ — the financial toll of motherhood on their careers and salaries
As millions of Americans put in orders for flowers, massages, and other treats for Mother’s Day, working mothers spoke to MarketWatch about the “mom tax” or “motherhood penalty” – a toll that impacts women when they become mothers and raise a child, by increasing their responsibility at home and limiting their earnings and income. Women…
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The S&P 500 is top-heavy with tech. Here’s what that says about future stock-market returns.
The 2023 rally by the S&P 500 index is being led by megacap tech-related stocks, whose weighting in the index is at a historically high level. That’s sparked a lot of worry about the durability of the bounce. The S&P 500 SPX, -0.16% is up more than 7% so far in 2023, after last year’s…
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2.3 million Americans ditched pay TV services in the first quarter
The pace of cord cutting picked up in the first quarter as the relevance of traditional video continued to fade. More than 2.3 million people in the U.S. abandoned their pay-TV subscriptions during the quarter, according to estimates from SVB MoffettNathanson analyst Craig Moffett. These losses marked a “significant acceleration” compared with a decline of…
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Dow, S&P 500 book back-to-back weekly losses, as poor consumer sentiment report reignites recession fears
U.S. stocks ended lower Friday, surrendering early gains after a report from the University of Michigan showed consumer sentiment soured in May, helping to revive recession fears. The Dow Jones Industrial Average and S&P 500 each booked back-to-back weekly losses. For the week, the Dow slid 1.1%, the S&P 500 slipped 0.3% and the Nasdaq…
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Eli Lilly nears J&J market cap
Eli Lilly & Co.’s market cap neared Johnson & Johnson’s market cap on Friday, as the stock has benefited from a slew of positive data in trials for key treatments. Earlier Friday, Lilly stock LLY, +0.00% was on track to close with a greater market capitalization than J&J JNJ, -0.13%, which would have marked the…
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U.S. bank deposits decline for second straight week
The numbers: Deposits at commercial U.S. banks declined in the week ended May 3, according to the Federal Reserve on Friday. Deposits fell to $17.15 trillion from $17.16 trillion in the prior week, the Fed said. There has been a steady erosion in deposits as interest rates have risen. A main reason is that money-market…
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George Soros bet on railroads, fitness, gig economy and lightened load on Disney, Amazon, dumped Tesla
George Soros’s Soros Fund Management placed new bets on railroads and the gig economy during the first quarter, recalibrated its holdings in a struggling media industry and dumped electric-vehicle maker Tesla Inc. During the first quarter, the fund scooped up 363,483 shares of railroad operator CSX Corp. CSX, +0.09%, according to a filing. The fund…
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‘Am I heartless?’ My husband’s business collapsed and we sold our house. He left home to sell real estate, but failed. Should I bail him out?
My husband lost his business many years ago, and we had to sell our house to pay off his debt. I had a part-time job then because I needed to take care of our two young children. My husband stopped bringing in any income. A few times, he gave me money, but the source was…