By MarketWatch.com | Bill Peters | 3/17/2025 6:43 PM
Wells Fargo & Co. on Monday said that regulators had terminated a 2021 enforcement order related to loss-mitigation issues in its home-lending business, marking the latest such order to be lifted from the bank. ... Read full Story
White House tariffs have some investors on edge that a trade war risks triggering a recession, potentially pushing U.S. stocks into a bear market after their recent correction. ... Read full Story
Yields on U.S. government debt finished mixed on Monday after February retail sales came in below expectations and raised continued questions about the strength of the economy. ... Read full Story
The average price for gasoline at the pump has declined for a fourth straight week and may fall below $3 a gallon to the lowest level in years, but that’s no reason to celebrate, according to fuel-price tracker GasBuddy. ... Read full Story
By MarketWatch.com | Jeffry Bartash | 3/17/2025 10:53 AM
Retail sales barely rose in February, in another sign the economy might be weakening as businesses and consumers digest rapid-fire changes being made by the Trump White House. ... Read full Story
By MarketWatch.com | Ciara Linnane | 3/17/2025 10:42 AM
Guess Inc.’s stock soared 27% early Monday after the maker of clothing, footwear and accessories said it received an offer from New York-based investment company WHP Global to take it private for $13 a share in cash. ... Read full Story
By MarketWatch.com | Greg Robb | 3/17/2025 10:34 AM
The Federal Reserve will hold its benchmark interest rate steady at its meeting this week, economists say, as it remains in a “wait-and-see” mode until the effects of President Donald Trump’s policies on the economic outlook become clearer. ... Read full Story
Merriam-Webster's Word of the Day for April 1, 2025 is:
cynosure \SYE-nuh-shur\ noun
A cynosure is a person or thing that attracts a lot of attention or interest. As a proper noun, Cynosure may refer to the North Star or its constellation Ursa Minor.
// He was the cynosure of all eyes as he walked into the room.
"Look at any picture of Kashmir and you'll understand why it is called heaven on earth. And Srinagar, framed by the majestic Zabarwan Mountains, is the cynosure of all travel itineraries, offering a mix of breathtaking landscapes, rich culture, and spirituality." — Mallika Bhagat, Times Now (Mumbai, India), 17 Dec. 2024
Did you know?
Ancient mariners noted that all the stars in the heavens seemed to revolve around a particular star, and they relied on that star to guide their navigation. The constellation that this bright star appears in is known to English speakers today as Ursa Minor, or the Little Dipper, but the Ancient Greeks called it Kynósoura, a term that comes from a phrase meaning "dog's tail." Kynósoura passed into Latin and Middle French, becoming cynosure. When English speakers adopted the term in the 16th century, they used it as a name for both the constellation and the star (which is also known as the North Star or Polaris) and also to identify a guide of any kind. By the 17th century, cynosure was also being used figuratively for anything or anyone that, like the North Star, is the focus of attention or observation.