By MarketWatch.com | Emily Bary | 12/21/2024 6:25 AM
Broadcom’s stock is bucking Friday’s tech-sector declines as a Jefferies analyst highlighted rosy pricing and earnings-growth opportunities. ... Read full Story
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. ... Read full Story
A few flagship bond funds from some big-name Southern California-based firms saw outflows of more than $10 billion each this year through November, according to Morningstar Direct. ... Read full Story
Yields on U.S. government debt finished with their second consecutive weekly advances on Friday, as traders positioned for the likelihood of fewer 2025 rate cuts from the Federal Reserve than they had expected a month ago. ... Read full Story
Oil futures settled little changed on Friday but tallied losses for the week after feeling pressure from a surging U.S. dollar and continued concerns about the demand outlook, particularly from China, the world’s largest crude importer. ... Read full Story
By MarketWatch.com | Tomi Kilgore | 12/20/2024 2:17 PM
The Berkshire Hathaway CEO spent more than $400 million on Occidental Petroleum shares, which just hit a nearly three-year low amid fears that oil prices may keep falling. ... Read full Story
By MarketWatch.com | Tanner Brown | 12/20/2024 1:38 PM
Experts told MarketWatch the key to connecting with Chinese customers is being willing to depart from home-market strategies and embracing local tastes. ... Read full Story
By MarketWatch.com | Venessa Wong | 12/20/2024 12:44 PM
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 2025 stand to increase pressure on a group that is already financially spread thin. ... Read full Story
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 rush it to market to compete with Venmo and CashApp. ... Read full Story
By MarketWatch.com | Steve Gelsi | 12/20/2024 11:55 AM
Trump Media & Technology Group Corp.’s stock fell about 6% Friday after Donald J. Trump transferred his entire $4 billion stake in the company into a revocable trust, according to filings. ... Read full Story
By MarketWatch.com | James Rogers | 12/20/2024 11:29 AM
The return to social media of Keith Gill, also known as Roaring Kitty, thrust original meme stocks AMC and GameStop back into the spotlight in 2024. ... Read full Story
Merriam-Webster's Word of the Day for December 21, 2024 is:
testimonial \tess-tuh-MOH-nee-ul\ noun
A testimonial is a written or spoken statement in which a person says they used a product or service and liked it, or that they appreciate someone's work, skill, character, etc. Testimonial is also used as a synonym of evidence and testimony.
// The website is full of testimonials from satisfied customers.
// The book's popularity is a testimonial to its timeliness.
"To commemorate their successful journey in the sport, the team released a heartfelt tribute video featuring testimonials from team members sharing their fondest memories." — Lydia Mee, Newsweek, 31 Oct. 2024
Did you know?
In 1639, Scottish poet William Drummond responded to the politics of his day with a cheeky set of new laws, including one stipulating that "no man wear a ... periwig, unless he have a testimonial from a town-clerk, that he is either bald, sickly, or asham'd of white hairs." Testimonials take different forms, but always, like in Drummond's facetious law, they provide affirmation or evidence. (Testimonial traces to Latin testimonium, meaning "evidence" or "witness.") In the 19th century, testimonial developed a new use, referring to a tribute—that is, a gift presented as a public expression of appreciation. Today, testimonial is most often used to refer to a statement—such as one posted on any number of websites devoted to consumer reviews—that endorses a product or service.