Inflation is coming down in a sustainable way towards the Federal Reserve’s 2% target and it is now time to cut interest rates, New York Fed President John Williams said, on Friday. ... Read full Story
Stiglitz said it had been a mistake for the central bank to keep rates so low for so long following the 2008 financial crisis. Now, it is crucially important for the Fed to shift borrowing costs back toward a more normal level. ... Read full Story
By MarketWatch.com | Steve Gelsi | 9/6/2024 7:55 AM
Zenas BioPharma Inc. and Bicara Therapeutics Inc. on Friday both set estimated price ranges in their initial public offerings in a sign that the traditional summer lull in deals is coming to an end. ... Read full Story
By MarketWatch.com | William Watts | 9/6/2024 7:31 AM
Oil futures were steady early Friday as investors awaited the U.S. August jobs report, but were on track for a large weekly slide on worries over the outlook for demand. ... Read full Story
Seven & I Holdings said Friday that a buyout offer by Alimentation Couche-Tard “significantly” underestimated the value of the Japanese operator of 7-Eleven convenience stores. ... Read full Story
By MarketWatch.com | Emily Bary | 9/5/2024 9:45 PM
While Broadcom beat on infrastructure solutions revenue in the latest quarter, it missed in semiconductor solutions and came up short on its overall revenue outlook for the current quarter. ... Read full Story
By MarketWatch.com | Mike Murphy | 9/5/2024 9:27 PM
Nvidia Corp. Chief Executive Jensen Huang has sold more than 5 million shares of the chip maker in recent months, totaling about $633.1 million, according to a new filing. ... Read full Story
The longer-run trend of labor-market and inflation data justify the Federal Reserve easing interest-rate policy soon, and then steadily over the next year, Chicago Fed President Austan Goolsbee said Thursday, in an exclusive interview with MarketWatch. ... Read full Story
By MarketWatch.com | Bill Peters | 9/5/2024 7:04 PM
A Florida couple is building up their stake in JetBlue Airways Corp. and has been discussing possible board representation at the airline, according to a filing on Thursday. ... Read full Story
“I scrimped, saved, invested and worked multiple jobs my entire adult life so my children would never have to pay my senior-care medical expenses.” ... 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.