The Federal Reserve will likely be able to lower interest rates this year, and recent data supports this outlook, Fed Governor Christopher Waller said. ... Read full Story
By MarketWatch.com | Mike Murphy | 6/1/2025 4:00 PM
The largest group of oil-producing nations agreed over the weekend to sharply increase crude production for the third month in a row, a move intended to reassert control over the market by driving oil prices lower. ... Read full Story
The Trump team and House leaders are pushing the Senate to aim for speed rather than lots of revisions to the One Big Beautiful Bill Act. ... Read full Story
Recent corporate media spinoffs have been a mixed bag, with many failing due to the way they were set up, Wall Street analysts say. ... Read full Story
As a Republican-run Washington works to enact the party’s big tax and spending package, one key for many businesses has been to revive a trio of tax breaks that they have lost in the last few years. ... Read full Story
U.S. stocks roared back in May as global trade tensions eased, but tariff-related developments around the month’s end suggest a smooth climb from here may be challenging. ... Read full Story
A decision by major oil producers this weekend could pull prices for crude down to their lowest levels since 2021, with demand tough to gauge against a trade-war backdrop and some countries failing to comply with output quotas. ... Read full Story
By MarketWatch.com | Tomi Kilgore | 5/30/2025 3:19 PM
Regeneron’s stock is having its worst day in 14 years after the failure of late-stage trial of its COPD treatment, after analysts had just placed a high probability of a positive result. ... Read full Story
“A former West Covina resident admitted to selling at least $250,000 in bogus sports and entertainment memorabilia, including forged photos and signatures of the ‘Keeping Up With the Kardashians’ stars.” — Noah Goldberg, The Los Angeles Times, 9 Apr. 2025
Did you know?
In her 1840 novel A New Home—Who’ll Follow?, author Carolina Kirkland wrote about a scandal affecting the fictitious frontier town of Tinkerville, whose bank vaults were discovered to contain “a heavy charge of broken glass and tenpenny nails, covered above and below with half-dollars, principally ‘bogus.’ Alas! for Tinkerville, and alas, for poor Michigan!” Alas indeed. Bogus (an apparent U.S. coinage) was first used in the argot of wildcat banks (like the one in Tinkerville) as a noun referring to counterfeit money. It later branched out into adjective use meaning “counterfeit or forged.” Although the noun is now obsolete, the adjective is still used today with the same meaning, and is applied not only to phony currency but to anything that is less than genuine, making it part of a treasury of similar words ranging from the very old (sham) to the fairly new (fugazi).