Former Apple employee charged with defrauding $10M

A former Apple employee has been charged with defrauding the tech giant out of more than $10 million by taking kickbacks, stealing equipment and laundering... | Continue reading


@marketwatch.com | 2 years ago

Warren Buffett says never to hold money during a war

Famed Berkshire Hathaway CEO Warren Buffett once offered up wartime investing advice, and said it's better to put money to work. If stagflation is on your... | Continue reading


@marketwatch.com | 2 years ago

After years of living in Moscow: No one should expect Russians to rise up now

Years of state-controlled media, stifled dissent and increases in standards of living have bred an almost impenetrable political complacency. | Continue reading


@marketwatch.com | 2 years ago

Wall Street is beginning to cut S&P 500 forecasts as oil prices surge

A handful of Wall Street banks have cut their S&P 500 forecasts for 2022 against a backdrop of war and surging prices. | Continue reading


@marketwatch.com | 2 years ago

Which Batman movie had the best opening weekend?

This chart shows how the Batman movies and their Batmobiles match up, and which actor was paid the most to play the Dark Knight. | Continue reading


@marketwatch.com | 2 years ago

Putin decrees foreign bondholders to be paid in rubles

Russia and Russian companies will be allowed to pay foreign creditors in rubles, under a decree signed by President Vladimir Putin on Saturday, as a way to... | Continue reading


@marketwatch.com | 2 years ago

Putin prohibits leaving Russia with more than $10k in foreign currency

The move comes in response to the crippling sanctions Western nations have imposed on Russia over its invasion of Ukraine, which this week tanked the ruble... | Continue reading


@marketwatch.com | 2 years ago

NATO readies troops for Ukraine support, activating its ‘response force’

NATO for the first time in its history has activated its NATO Response Force (NRF), reacting to Russia’s invasion of Ukraine. | Continue reading


@marketwatch.com | 2 years ago

AMD announces $8B stock buyback program

Shares of Advanced Micro Devices Inc. inched higher in after-hours trading Thursday after the chip company announced a new $8 billion buyback authorization. | Continue reading


@marketwatch.com | 2 years ago

Fastly Stock Plunges

Fastly Inc. shares plunged 27% in after-hours trading Wednesday, after the cloud-software company predicted 2022 revenue growth would slow down more than... | Continue reading


@marketwatch.com | 2 years ago

Silicon Valley lost 40k residents in 2021

Silicon Valley lost 40,000 residents in 2021, the largest exodus since the dot-com bust, driven in part by a steep drop in migration into the area, according... | Continue reading


@marketwatch.com | 2 years ago

Crypto couple had Russian bank accounts, traveled to Ukraine to collect fake IDs

Prosecutors say there is overwhelming evidence that Ilya Lichtenstein and Heather Morgan, charged in a billion-dollar crypto heist, are major flight risks... | Continue reading


@marketwatch.com | 2 years ago

China bought none of the $200B it promised from the U.S. under ‘Phase 1’ deal

Chad Bown of the Peterson Institute for International Economics examined the phase-one agreement inked during the administration of former President Donald... | Continue reading


@marketwatch.com | 2 years ago

Why do Americans have to pay much to file their tax returns when the IRS knows?

Filing taxes could be free and easy, but tax-prep companies and antitax politicians have fought to make it expensive, complicated and annoying. | Continue reading


@marketwatch.com | 2 years ago

Feds arrest husband-and-wife team and recover $3.6B in Bitcoin

The money was found in accounts controlled by husband and wife, Ilya Lichtenstein and Heather Morgan, who have been charged with money laundering and fraud. | Continue reading


@marketwatch.com | 2 years ago

Nvidia becomes 7th-largest U.S. company as it passes Facebook owner Meta

Nvidia Corp. became the seventh-largest U.S. company Monday as it overtook Facebook-parent Meta Platforms Inc. for the first time. | Continue reading


@marketwatch.com | 2 years ago

Snap shares soar 60% on first profitable quarter

Whipsawed by Meta's poor results a day earlier, Snap Inc. reported its first quarterly profit as well as top- and bottom-line numbers that beat Street... | Continue reading


@marketwatch.com | 2 years ago

Reconsidering where I call home: I want a three-bedroom house near a ski resort

‘Being able to walk to a coffee shop would be a bonus.’ | Continue reading


@marketwatch.com | 2 years ago

The odds you’ll outlive your money

There's good news and bad news | Continue reading


@marketwatch.com | 2 years ago

Apple investors call for civil-rights audit

Apple Inc. has declared its commitment to racial and gender equity, but it is now facing a shareholder call for a civil-rights audit amid employee... | Continue reading


@marketwatch.com | 2 years ago

Truebill (YC W16) acquired by Rocket Companies in nearly $1.3B deal

Rocket Cos. undefined, the Detroit-based mortgage platform, said Monday it has reached an agreement to acquire personal finance app Truebill for $1.3 billion... | Continue reading


@marketwatch.com | 2 years ago

Ray Dalio warns Fed’s hands are tied and higher U.S. inflation is sticking

Founder of the world's largest hedge fund tells investors to avoid holding cash and keep an 'all-weather' portfolio --- just in case. | Continue reading


@marketwatch.com | 2 years ago

Pelosi defends stock trading by lawmakers. ‘We are a free-market economy’

House Speaker Nancy Pelosi on Wednesday said lawmakers should not be barred from trading stock, a practice that has come under scrutiny because it gives... | Continue reading


@marketwatch.com | 2 years ago

Nvidia’s deal for ARM is dead – how long until CEO Jensen Huang admits it?

The Federal Trade Commission has joined in the chorus of government regulators opposing Nvidia Corp.'s proposed $40 billion acquisition of ARM Holdings Plc.... | Continue reading


@marketwatch.com | 2 years ago

Craig Wright wins dispute over $50B in Bitcoin

Craig Wright, a computer scientist who claims to be the inventor of bitcoin, prevailed in a civil trial verdict Monday against the family of a deceased... | Continue reading


@marketwatch.com | 2 years ago

Two charged with stealing $20M in elaborate YouTube music royalty scam

Prosecutors say the men claimed rights to 50,000 Spanish-language songs they didn’t own, using the royalty money to buy mansions, fancy cars and jewelry. | Continue reading


@marketwatch.com | 2 years ago

Microsoft CEO sells half his stake in company

Microsoft Corp. Chief Executive Satya Nadella sold about half of his shares in the company last week, according to a federal securities filing. | Continue reading


@marketwatch.com | 2 years ago

JRR Tolkien estate to ‘JRR Token’ cryptocurrency: You shall not pass

‘The Lord of the Rings’-inspired crypto was ruled 'a particularly flagrant case of infringement' | Continue reading


@marketwatch.com | 2 years ago

Splunk stock on track for worst day in almost a year after CEO exit

Shares of Splunk Inc. are plunging Monday after the software company announced that its chief executive has stepped down. | Continue reading


@marketwatch.com | 2 years ago

Elon Musk sells $1.1B in Tesla stock in plan set before Twitter poll

Elon Musk polled his Twitter followers about whether he should sell Tesla Inc. stock, but his plans to sell were already in progress. | Continue reading


@marketwatch.com | 2 years ago

Gett to Go Public Through SPAC Deal

By Dave Sebastian Corporate-transportation platform Gett is going public through a combination with the special-purpose acquisition company Rosecliff... | Continue reading


@marketwatch.com | 2 years ago

Meme stocks like GameStop, AMC pose risks to financial stability, Fed says

Stock-market volatility resulting from a surge in first-time investors who congregate on social media could pose a risk to the U.S. financial system, the... | Continue reading


@marketwatch.com | 2 years ago

Zillow to stop flipping homes, loses more than $550M, lays off 25% of staff

Zillow Group Inc. is calling it quits on the home-flipping business, while disclosing losses of more than $550 million on homes purchased in the second half... | Continue reading


@marketwatch.com | 2 years ago

CFPB orders Apple, Amazon, other tech giants to turn over payment products info

The Consumer Financial Protection Bureau is investigating big technology companies' payment services products to understand how they monetize data on... | Continue reading


@marketwatch.com | 2 years ago

Intel CEO Pat Gelsinger hopes to win back Apple by outcompeting it

Intel Corp. Chief Executive Pat Gelsinger still hopes to win back Apple Inc. as a customer, but says Intel will have to outcompete the tech giant to do so. | Continue reading


@marketwatch.com | 2 years ago

CureVac stops development of COVID19 shot, focusses on new vaccine set for 2022

Shares of CureVac undefined tumbled 9.6% in premarket trading on Tuesday after the German biopharmaceutical company said it will scrap development of its... | Continue reading


@marketwatch.com | 2 years ago

Tesla to pay former factory worker $130M over racially hostile work environment

Tesla Inc. subjected a Black former worker to a racially hostile work environment and failed to take reasonable steps to prevent him from being racially... | Continue reading


@marketwatch.com | 2 years ago

U.S. inflation rises sharply again in August and stays at 30-year high

The cost of goods and services rose sharply again in August and left the rate of U.S. inflation at a 30-year high, with all signs pointing to price pressures... | Continue reading


@marketwatch.com | 2 years ago

Opinion: More Americans have $1M saved for retirement than ever before

401 (k) balances are at a record high, but… | Continue reading


@marketwatch.com | 2 years ago

‘Right to repair’ law may run into the changing definition of ‘ownership’

If you buy something today, what exactly are you buying? Opinions on that "what" are very divided, and the answer could determine the path of a push to give... | Continue reading


@marketwatch.com | 2 years ago

MassMutual fined $4M for failing to monitor GameStop booster Kevin Gill

Massachusetts regulators are fining MassMutual $4 million and ordering it to overhaul its social-media policies after accusing the company of failing to... | Continue reading


@marketwatch.com | 2 years ago

Facebook bans German anti-lockdown accounts under new ‘social harm’ policy

Facebook removed almost 150 accounts and pages linked to anti-lockdown demonstrators in Germany, the company announced Thursday, under a new policy focused... | Continue reading


@marketwatch.com | 2 years ago

Ray Dalio: At end of the day, if Bitcoin is successful governments will kill it

Ray Dalio, billionaire investor and founder of Bridgewater Associates, the world’s largest hedge fund, says that the more successful that bitcoin becomes,... | Continue reading


@marketwatch.com | 2 years ago

Man sentenced for charging businesses inflated prices in printer toner scam

In one six-year stretch, prosecutors said Gilbert Michaels sold $126 million worth of toner to unsuspecting victim. | Continue reading


@marketwatch.com | 2 years ago

Renaissance Tech hedge fund execs to pay $7B to settle tax probe

Executives of hedge fund Renaissance Technologies LLC will personally pay approximately $7 billion in back taxes and penalties to settle a long-running... | Continue reading


@marketwatch.com | 2 years ago

One in four adults say they ended up worse off financially from the pandemic

Nearly one-fourth of adults said they are now worse off financially than before the pandemic, according to a Federal Reserve survey released Monday. | Continue reading


@marketwatch.com | 2 years ago

Inflation rate hits 30-year high, PCE shows, as U.S. confronts major shortages

The rate of inflation in the U.S. rose again in July and drove the increase over the past year to a 30-year high, pointing to fresh strains on businesses and... | Continue reading


@marketwatch.com | 2 years ago

Tesla applies to sell electricity to Texas residents

Tesla Inc. is seeking to sell electricity directly to customers in Texas, according to a new report. | Continue reading


@marketwatch.com | 2 years ago