#MARKETWATCH News

More than 200 LGBTQ groups demand Target RESTOCK 'tuck-friendly' swimsuits and Pride merchandize
dailymail.co.uk More than 200 LGBTQ groups are demanding Target restock its controversial Pride merchandise and take a stand against 'extremists' within 24 hours. The Human Rights Campaign,…

Merck lawsuit challenging Medicare drug price negotiation signals long battle ahead, experts say
marketwatch.com Merck & Co. Inc. on Tuesday filed a lawsuit against the federal government, alleging that the Medicare drug price negotiation program established last year as part of the…

Bed Bath & Beyond employees’ final days bring chaos, confusion and rude customers: ‘It’s all a mess’
marketwatch.com A Bed Bath & Beyond Inc. employee who plans to hang on and work until her store closes in Southern California says that while some customers are being nice, others are…

Crypto Update
content.production.cdn.art19.com The Securities and Exchange Commission (SEC) hit two large U.S. crypto exchanges with multiple securities violations. “Markets Daily” takes a deeper look. Today's Stories:…

MARKETS DAILY: Crypto Update
content.production.cdn.art19.com The Securities and Exchange Commission (SEC) hit two large U.S. crypto exchanges with multiple securities violations. “Markets Daily” takes a deeper look. Today's Stories:…

You're probably brushing your teeth wrong, this dentist says --- which has tongues wagging
marketwatch.com Have you been brushing your teeth the wrong way all your life? A British dentist has gone viral for suggesting that wetting your toothbrush before applying toothpaste is a…

‘Maybe you are the one at fault’: Amid SEC barrage, crypto founders defiant
marketwatch.com The Securities and Exchange Commission’s case against Coinbase is built around a refrain common in its efforts to regulate the industry: while crypto companies operate like…

As Manchester United takeover saga continues, Brera Holdings makes strategic investment
marketwatch.com Dublin, Ireland-based Brera Holdings PLC has made a strategic investment in Manchester United, the Irish company announced Tuesday. Brera has also invited Manchester United…

Deep Dive: As tech companies take over the market again, don’t forget these bargain dividend stocks
marketwatch.com If you are an index-fund investor, you’re probably feeling pretty good right now — the S&P 500 has returned 12.1% so far this year, with dividends reinvested, following its…

Oil prices fall, erasing jump seen after Saudi production cut
marketwatch.com Oil futures fell Tuesday, more than erasing the climb that followed Saudi Arabia’s weekend announcement of a 1 million-barrel-a-day July output cut, as traders fretted over…

More than 202,000 global tech employees have lost their jobs since the start of 2023
marketwatch.com More than 202,000 global technology-sector employees have been laid off since the start of 2023, according to data compiled by the website Layoffs.fyi. That number has gone…

Planning to retire to Florida? Warning: Flood insurance for hurricane season is making it very expensive
marketwatch.com When Carlee Simon, 46, moved to Alaska from Florida for a new job in May, she was in for a pleasant surprise: Her home insurance dropped by thousands of dollars. Simon, who…

Apple's stock could be a 'table-pounder' but it'll take years to know for sure how successful the Vision Pro really is, analysts say
markets.businessinsider.com Apple Vision Pro Apple Apple unveiled its new mixed-reality headset, the Vision Pro, on Monday. The stock could be a 'table-pounder,' some analysts said. Others think the…

This 'dull' stock market is just waiting to catch you napping
marketwatch.com Should you avoid stocks when trading volume falls? This is a timely question, since we’re entering the summer months in which trading volume typically dries up. If price…

Younger workers know being remote has drawbacks, but they don’t care. Here’s why
marketwatch.com The remote-work revolution gained unprecedented momentum at the start of the COVID-19 pandemic three-plus years ago, and now many companies are eager to bring their workers…

‘The lowest of the low’: Beware of this scam if you’ve had a loved one die recently
marketwatch.com Scammers appear to be targeting mourners nationwide with phone calls impersonating funeral-home staff, according to local media reports and consumer advisories. Grieving…

Unions say Starbucks violates worker rights it claims to uphold
marketwatch.com Labor unions pushing to organize Starbucks employees this week filed yet another complaint accusing the company of union-busting practices, saying the coffee giant’s…

GameStop Announces Strategic Partnership with Illuvium and Sets Limited D1SKs NFT Sale
coinspeaker.com Coinspeaker GameStop Announces Strategic Partnership with Illuvium and Sets Limited D1SKs NFT Sale GameStop Corporation (NYSE: GME) has announced a strategic collaboration…

Elon Musk Says Target Will Face Shareholder Lawsuits Amid Trans Controversy
zerohedge.com Elon Musk Says Target Will Face Shareholder Lawsuits Amid Trans Controversy Authored by Tom Ozimek via The Epoch Times (emphasis ours), As Target’s stock price has taken a…

Why another cut to AAA U.S. credit rating could derail the stock-market rally
marketwatch.com Two days before the United States faced the possibility of running out of enough cash to pay all its bills, President Joe Biden on Saturday signed legislation that…

This 26-year-old went from trading Air Jordans to starting three money-making businesses
marketwatch.com Matt Choon got his first taste of investing with sneakers. He started trading them for fun when he was around 12. As a teenager, he didn’t have much money, and he recalled…

What if the S&P 500 fumbles its bear-market exit? What strategists think of the role of tech in this rally
marketwatch.com The bullish momentum on megacap technology stocks, which recently drove the S&P 500 to its highest level in nearly ten months and put it on the verge of exiting its longest…

Manchester United’s stock slips as takeover saga rumbles on
marketwatch.com Manchester United’s stock fell Monday as a protracted takeover battle for the iconic English soccer club rumbled into its eighth month. Shares of operator Manchester United…

Want More Affordable EVs? End the Protectionism
barrons.com About the author: Christopher Tang is a distinguished professor at the UCLA Anderson School of Management. With nearly $2 trillion in federal funding behind its industrial…

Saudi Arabia's planned oil cut could lead to 'cracks' within OPEC+
marketwatch.com The outcome of a meeting this past weekend of major oil producers was somewhat surprising, but they may have expected to see a stronger climb in prices in the wake of Saudi…

Target gets more bad news after boycott
newsweek.com Target's stock was downgraded by economic analysts because of a resumption of student loan payments in the U.S. that was part of the recent debt ceiling bill. KeyBanc…

Apple Stock to Hit All-Time High Following Upcoming Launch of AR/VR Headset at Developers Conference
coinspeaker.com Coinspeaker Apple Stock to Hit All-Time High Following Upcoming Launch of AR/VR Headset at Developers Conference Apple Inc (NASDAQ: AAPL) stock is on track to open at a…

‘I’m concerned my friends will think I’m cheap’: I used to give friends’ kids $100 gift cards, but I left my job in tech. Is $25 an insult?
marketwatch.com I am 52, and live alone without other income. For the past 15 years, I earned a large salary in a demanding role at a tech company. The company was sold and I took time off,…

Regulators Still Haven't Learned the Lessons of the Bank Failures
barrons.com About the author: Glenn Hubbard is the Russell L. Carson professor of economics and finance at Columbia University. He was chair of the Council of Economic Advisers under…

Need to Know: Morgan Stanley sees an earnings wipe out ahead for Wall Street’s unloved stock rally
marketwatch.com A previous version of this report incorrectly described a planned oil production cut. The article has been corrected. Hunting for optimists the Monday after an explosive…

Today's Logistics Report: Dockworkers Throttle Ports; Shedding Warehouse Space; China Plus Many
createsend.com A new wave of job actions is casting uncertainty over imports at U.S. West Coast ports. Dockworkers have throttled cargo operations from Southern California to Seattle in a…

Metropolitan Museum of Art to return $550K in donations from FTX
cointelegraph.com The Metropolitan Museum of Art is set to return $550,000 in donations it received from crypto exchange FTX prior to its collapse in November. The New York-based museum…

Is AMC Stock A Buy Or Sell Now? Here's What Fundamentals, Chart Action, Fund Ownership Metrics Say
investors.com Going to the movies is fun and exciting again. But can it match the mind-bending action of AMC Entertainment (AMC)? Starting the year 2021 at 2 a share, AMC stock…

The debt-ceiling deal hurts Social Security. Here’s why
marketwatch.com A. Social Security and Medicare in good fiscal shape and able to give you the full benefits you’ve earned and deserve. B. A smaller, less robust IRS, with fewer employees…

As China’s airlines struggle to get back on their feet, a homegrown rival to Boeing and Airbus at last takes to the skies
marketwatch.com Enthusiastic Chinese waved and shouted from Shanghai’s Hongqiao International Airport, as the first homegrown passenger jet took off for its maiden commercial voyage. China…

A Fed skip? Pause? Either way, investors aren't likely out of the woods yet
marketwatch.com The S&P 500 index almost exited its longest bear market in decades on Friday. Everything’s okay now. Right? Maybe not. Even if the Federal Reserve skips an interest rate…

AI gold rush: Nvidia joins the trillion-dollar club
theweek.com The smartest insight and analysis, from all perspectives, rounded up from around the web: The explosion of interest in AI turned the Silicon Valley chipmaker Nvidia into a…

Former Target exec says Pride collection's 'tuck-friendly' swimwear was the 'biggest mistake'
dailymail.co.uk Former Target executive said the retailer's biggest mistake was selling 'tuck-friendly' swimwear for Pride, which has led to a $12billion loss since mid-May. Former Target…

Where Should I Retire?: We want to retire somewhere with pleasant winters. Our budget is $600,000-$700,000. Where should we go?
marketwatch.com We are looking to snowbird in about three years, and have about $600,000 to $700,000 to invest in a place to live. We won’t be there in deep summer, but are looking for mild…

‘When I ran it past the missus, she went ballistic’: I want to buy a $40,000 car, but my wife said no. Then things really got weird
marketwatch.com My wife and I enjoy two week-long vacations a year to the local seashore, and we generally live well within our means. I’m convinced we can afford a new-car payment, but my…

The 60:40 portfolio is up more than 17%. Why is it doing so much better this year?
marketwatch.com “Regression to the mean” is a powerful force in the financial markets, so it was a good bet that the 60:40 portfolio would have a much better year in 2023 than in 2022. But…

Deep Dive: 13 retailers posted a good earnings season based on two key measures. Are their stocks worth a look?
marketwatch.com Every earnings season there are retail horror stories but also some companies that stand out in a competitive environment. Below is a list of 13 U.S. retailers that have put…

These money and investing tips are the real deal in this AI-driven market
marketwatch.com Nvidia and these 6 tech giants will gobble up the AI pie Nvidia and other tech plays are overpriced. Here’s where you’ll find the next big-money stocks. Sign up here to get…

U.S. bank lending picks up slightly for second straight week
marketwatch.com The numbers: Total bank lending climbed slightly by $1.2 billion to $12.1trillion in the seven days ending May 24, the Federal Reserve reported Friday. This is the second…

Who do you blame for high house prices? Nearly half of young Americans point their finger at the government
marketwatch.com As the cost of owning a home has skyrocketed over the last few years, some Americans are venting their frustrations by blaming the government for high housing prices. Nearly…