By MarketWatch.com | Ciara Linnane | 12/3/2024 8:04 AM
Terns Pharmaceuticals Inc.’s stock jumped 7.5% premarket Tuesday, after the company announced positive data from an early-stage trial of a treatment for chronic myeloid leukemia. ... Read full Story
In his latest trade-related tirade, President-elect Donald Trump has set his sights on a group of emerging-market countries collectively known as the “BRICS.” ... Read full Story
By MarketWatch.com | Louis Goss | 12/3/2024 7:43 AM
Nomura’s CEO Kentaro Okuda offered his “deepest apologies” in the wake of the incident that saw one of the bank’s former employees charged with attempted murder, robbery, and arson of an inhabited building ... Read full Story
Denmark’s Saxo Bank annually produces their outrageous predictions -– which is their attempt to create unlikely-but-plausible forecasts, to spark discussion and challenge consensus. ... Read full Story
By MarketWatch.com | Peter Morici | 12/3/2024 7:05 AM
Pay now or pay later: U.S. must defend its allies or the dollar could lose the reserve currency status that American consumers enjoy. ... Read full Story
By MarketWatch.com | Emily Bary | 12/3/2024 7:00 AM
Following recent deleveraging, AT&T is bringing back share repurchases alongside an expected $20 billion-plus in continued dividend commitments over the next three years. ... Read full Story
By MarketWatch.com | Bill Peters | 12/2/2024 8:08 PM
Shares of Honeywell International Inc. fell in extended trading Monday after the conglomerate cut its outlook for the months ahead, citing the costs of investing in a new tech-focused collaboration with jet maker Bombardier announced earlier in the day. ... Read full Story
By MarketWatch.com | Greg Robb | 12/2/2024 4:43 PM
Federal Reserve Governor Christopher Waller said Monday that as of today, he supports an interest-rate cut at the central bank’s next meeting in a little over two weeks. ... Read full Story
One veteran analyst is predicting that housing tax credits will get included in the GOP’s big tax package next year. Separately, some GOP lawmakers reportedly have talked about using the package to extend their expiring 2017 tax cuts by four years. ... Read full Story
By MarketWatch.com | William Watts | 12/2/2024 3:42 PM
Traders have been rushing in to buy stocks in the final hour of trading over the past two weeks, while a gauge of expected S&P 500 volatility has dropped sharply in the wake of the presidential election. ... Read full Story
Most U.S. government debt sold off on Monday, lifting 2- and 10-year yields off their October lows, after a new tariff threat from President-elect Donald Trump reignited worries over inflation. ... Read full Story
A “revival” in Chinese demand for gold and central-bank purchases are likely to lead gold prices a bit higher next year despite expectations for a stronger dollar and rise in Treasury yields, according to Capital Economics. ... Read full Story
Almost every president has pardoned someone that left critics howling. Here’s how Hunter Biden’s pardon stacks up with five of the most contentious acts of clemency for financial crimes. ... Read full Story
“Scheduled work shifts [at Burning Man] were delayed and continually rearranged, causing confusion among campers as to how and when to contribute.... While some of us found ways to help, others took it as an opportunity to eschew their responsibilities. However, those of us who showed up united, and handled business, did so with aplomb...” — Morena Duwe, The Los Angeles Times, 9 Sept. 2024
Did you know?
Something to chew on: there’s no etymological relationship between the verbs chew and eschew. While the former comes from the Old English word cēowan, eschew comes instead from the Anglo-French verb eschiver and shares roots with the Old High German verb sciuhen, meaning “to frighten off.” In his famous dictionary of 1755, Samuel Johnson characterized eschew as “almost obsolete.” History has proven that the great lexicographer was wrong on that call, however. Today, following a boom in the word’s usage during the 19th and 20th centuries, English speakers and writers use eschew when something is avoided less for temperamental reasons than for moral or practical ones, even if misguidedly so, as when Barry Lopez wrote in his 2019 book Horizon of ill-fated Antarctic explorer Robert Falcon Scott, “with an attitude of cultural superiority, eschewing sled dogs for Manchurian ponies....”