By MarketWatch.com | Bill Peters | 5/21/2025 6:36 PM
Walmart Inc. plans to cut around 1,500 jobs, the Wall Street Journal reported on Wednesday, as the big-box chain tries to manage costs and accelerate decision-making amid broader efforts by retailers and consumers to navigate inflation and tariffs. ... Read full Story
Bond vigilantes appear to be circling the globe, sending yields on government debt higher partly on concern over worsening fiscal situations. ... Read full Story
AMD is seen as an also-ran in the market for AI chips. But a BofA analyst thinks the company can still capture meaningful opportunity there. ... Read full Story
The ChatGPT maker is acquiring io to build physical AI products beyond its on-screen applications — and sees possibilities beyond traditional hardware ... Read full Story
By MarketWatch.com | Isabel Wang | 5/21/2025 4:37 PM
The stock market’s selloff picked up steam on Wednesday, sending the Dow Jones Industrial Average to its steepest daily decline in a month. ... Read full Story
Continued worries about the U.S. fiscal outlook triggered another selloff in long-dated U.S. government debt as of Wednesday morning, pushing the yield on the 30-year bond back above 5% for the second time this week in what turned out to be a problematic development for stocks. ... Read full Story
One of the most important sticking points in negotiations about President Donald Trump’s signature tax-and-spending bill is how generous to make the deduction for state and local taxes. ... 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.