By MarketWatch.com | Bill Peters | 5/22/2025 8:14 PM
Tax-preparation and financial-technology platform Intuit Inc. raised its full-year outlook on Thursday, following a solid third quarter marked by a big tax-filing season, gains among small and mid-sized businesses and moves to incorporate artificial intelligence into its software. ... Read full Story
Households in the top 0.1% would reap more than $390,000 in tax savings, according to one analysis of the tax and spending bill that’s now headed to the Senate for a vote. ... Read full Story
In a recent podcast, the founder of the Steve Madden shoe brand also criticized arguments that the U.S. has been losing jobs to China ... Read full Story
Keith McCullough: “The two primary factors that lead me to make decisions in the U.S. bond market and for U.S. currency are both going up.” ... Read full Story
The U.S. dollar has struggled to rebound since President Donald Trump announced his “liberation day” tariffs in early April, with some analysts expecting that the greenback’s decline isn’t over even if its status as the world’s reserve currency appears safe for now. ... Read full Story
By MarketWatch.com | Brett Arends | 5/22/2025 1:49 PM
President Donald Trump, Elon Musk and the ruling Republican party promised us all $1 trillion a year in free budget savings by cutting out the “waste, fraud and abuse” that were supposedly rampant across the federal bureaucracy. ... Read full Story
U.S. consumer sentiment stands near a record low, but that isn’t expected to dampen plans for the Memorial Day weekend, which will see gasoline prices at their lowest for the holiday in years, while the number of American travelers is expected to reach a record high. ... Read full Story
Matt Burdett of Thornburg Investment Management outlines his team’s stock-selection methodology, which has beaten international indexes’ good performance this year. ... Read full Story
A soaring 30-year Treasury yield is grabbing the lion’s share of attention right now when it comes to signaling how the U.S. fiscal outlook is rattling investors. Yet there’s another less-talked-about factor weighing on sentiment that is coming from overseas: the tumultuous rise in the bond yields of Japan. ... Read full Story
By MarketWatch.com | James Rogers | 5/22/2025 8:14 AM
BJ’s maintained its guidance while the broader retail sector is wrestling with the fallout from the Trump administration’s sweeping wave of tariffs. ... Read full Story
Nike reportedly is hiking prices by as much as 7%, according to various media reports, though the apparel maker is not tying the cost increases directly to tariffs. ... Read full Story
By MarketWatch.com | Steve Gelsi | 5/22/2025 8:08 AM
On Thursday, the company said it’ll handle the extra costs tied to the current tariff regime and still deliver its full-year earnings targets. ... Read full Story
Merriam-Webster's Word of the Day for May 24, 2025 is:
limn \LIM\ verb
Limn is a formal verb most often used especially in literary contexts to mean "to describe or portray," as in "a novel that limns the life of 1930s coastal Louisiana." It can also mean "to outline in clear sharp detail," as in "a tree limned by moonlight," and "to draw or paint on a surface," as in "limning a portrait."
// The documentary limns the community's decades-long transformation.
// We admired every detail of the portrait, gracefully limned by the artist's brush.
"... the story of Ronald Reagan's jelly beans is not simply about his love of a cute candy. It speaks to how he weaned himself from tobacco, judged people's character, and deflected scrutiny. It limns the role of the sugar industry and food marketing. And it demonstrates how food can be a powerful communications tool. Reagan's jelly beans sent a message to voters: 'I like the same food you do, so vote for me.'" — Alex Prud’homme, Dinner with the President: Food, Politics, and a History of Breaking Bread at the White House, 2023
Did you know?
Limn is a word with lustrous origins, tracing ultimately to the Latin verb illuminare, meaning "to illuminate." Its use in English dates back to the Middle Ages, when it was used for the action of illuminating (that is, decorating) medieval manuscripts with gold, silver, or brilliant colors. William Shakespeare extended the term to painting in his poem "Venus and Adonis": "Look when a painter would surpass the life / In limning out a well-proportioned steed …" Over time, limn gained a sense synonymous with delineate meaning "to outline in clear sharp detail" before broadening further to mean "to describe or portray." Such limning is often accomplished by words, but not always: actors are often said to limn their characters through their portrayals, while musicians (or their instruments) may limn emotions with the sounds they make.