There’s one big factor behind early August’s scare in the U.S. stock market which hasn’t gone away and has little to do with a U.S. economic slowdown. It’s the popular currency approach known as the carry trade. ... Read full Story
By MarketWatch.com | Tomi Kilgore | 9/5/2024 2:49 PM
Nio’s stock was headed for a fifth straight gain Thursday after the China-based electric vehicle maker provided an upbeat outlook for revenue and deliveries. ... Read full Story
By MarketWatch.com | Bill Peters | 9/5/2024 2:18 PM
Cereal maker WK Kellogg Co. on Thursday talked up its longer-term prospects at an analyst conference, saying that it was better off focused solely on breakfast staples like Frosted Flakes and Raisin Bran after breaking off from Kellanova last year. ... Read full Story
The candidates in the 2024 presidential election have presented starkly different visions for corporate taxation — and if implemented, they could have a major impact on the stock market. ... Read full Story
By MarketWatch.com | Ciara Linnane | 9/5/2024 1:46 PM
JetBlue Airways Corp.’s stock jumped 6% early Thursday, after the discount airline raised guidance for the third quarter after revenue was boosted by improving in-month bookings and strength in Latin America, among other factors. ... Read full Story
By MarketWatch.com | Steve Gelsi | 9/5/2024 8:54 AM
Newsmax Inc. said Thursday it plans to launch an initial public offering later this year or early in 2025 following to raise about $75 million, after a private placement for accredited investors. ... Read full Story
By MarketWatch.com | Eleanor Laise | 9/5/2024 8:47 AM
A pair of late-stage trials found that Eli Lilly’s experimental once-weekly insulin can lower blood sugar as effectively as widely used daily insulins, the drugmaker said Thursday, intensifying the company’s race with Novo Nordisk to develop longer-acting insulins. ... Read full Story
The number of Americans who applied for unemployment benefits last week fell slightly to 227,000 and touched a 8-week low, reinforcing the view that companies are reluctant to lay off workers even as they clamp down on new hiring. ... Read full Story
A new report assessed housing markets’ vulnerability to downturns based on factors like home affordability, foreclosure rates and unemployment. ... Read full Story
“The eagerness to vilify ‘the other side’—usually on social media—complicates the less reactionary work that defines our mission.” — Jerry Brewer, The Washington Post, 11 June 2024
Did you know?
It seems reasonable to assume that the words vilify and villain come from the same source; after all, to vilify someone is—in some ways—to make them out to be a villain. Such is not the case, however. Although the origin stories of both vilify and villain involve Latin, their roots are quite different. Vilify came to English (via Middle English and Late Latin) from the Latin adjective vilis, meaning “cheap” or “vile.” Someone who has been vilified, accordingly, has had their reputation tarnished or cheapened in such a way that they’re viewed as morally reprehensible. Villain on the other hand, comes from the Medieval Latin word villanus, meaning “villager,” and ultimately from the Latin noun villa, meaning “house.” The Middle English descendent of villanus developed the meaning of “a person of uncouth mind and manners” due to the vilifying influence of the aristocracy of the time, and the connotations worsened from there until villain came to refer to (among other things), a deliberate scoundrel.