Why the stock market may sell off even more in January
Also: A high-income play that has beaten the S&P 500’s 10-year return, a new official whiskey category for the U.S., and other weekend reads. View…
Statuses
The Mega Millions jackpot is nearing $1 billion — but that’s not the only reason lottery sales could see a holiday spike
Christmas also fuels one form of lottery playing in particular. View Source MarketWatch.com – Top Stories December 20, 2024 10:51 am
As the wealthy keep spending, here’s why the middle class is in for a tough 2025
Over the last year, middle-income Americans have started to behave more like lower-income consumers, an economist noted. More inflation and a tight job market in…
More than $125 million is stolen every year on Zelle. The feds say little is done to stop it.
A lawsuit filed by the CFPB says Zelle and the big banks that own it left the platform vulnerable to fraud in an effort to…
Dow Rebounds But Still on Course for Worst Week Since March 2023
Stocks came roaring back, but the gains won’t prevent major U.S. indexes from ending the week lower.
Euro Likely to Weaken to Parity Against Dollar in 2025
The euro was higher against the dollar. Danske Bank’s analysts expect the euro to decline towards parity against the dollar over a 12-month hor…
Gold Rises After Fed’s Go-to Inflation Measure Was Lighter Than Expected
Gold prices extended gains after the latest U.S. data showed PCE inflation rose less than expected. The metal is still poised for a modest weekly…
Nvidia fears may be overdone, and this analyst offers a simple reason why
Nvidia’s stock is rallying, with Morgan Stanley writing that the Blackwell ramp could soon quash several investor worries. View Source MarketWatch.com – Top Stories December…
Winnebago posts its first adjusted loss in years, as consumers want cheaper RVs
Winnebago’s stock falls after another disappointing quarterly report, which included a surprise adjusted loss and a revenue miss. View Source MarketWatch.com – Top Stories December…