Saudi Arabia’s government early Saturday acknowledged for the first time that journalist Jamal Khashoggi was killed inside its consulate in Istanbul, dying after an altercation. In a statement carried by Saudi state television, the government’s attorney general said 18 Saudi citizens have been detained pending the final results of an investigation into the death of → Read More

On the 31st anniversary of Wall Street’s worst day in history, Showtime has unveiled the official trailer for a comedy series offering a new twist on the events surrounding Oct. 19, 1987, or “Black Monday.” The series stars Don Cheadle, Andrew Rannells and Regina Hall with Seth Rogen and Evan Goldberg serving as executive producers → Read More

Dear Moneyist, My family has a trust fund. My daughter, since the day she was born, has received dividends. The average is about $8,000 per year. She is 10 years old. In order to be fiscally responsible, we have set up an account with Edward Jones. Her money is being directly sent there to put → Read More

MARKETWATCH FRONT PAGE U.S. stocks close mostly lower on Friday with bulls failing to defend early gains as weak housing data overshadowed solid corporate earnings. See full story. Tesla ‘damned if you do, damned if you don’t’ on $35,000 Model 3: analyst Tesla Inc.’s move to offer a slightly cheaper Model 3 sedan before launching → Read More

Special counsel Robert Mueller’s investigation is scrutinizing how a collection of activists and pundits intersected with WikiLeaks, the website that U.S. officials say was the primary conduit for publishing materials stolen by Russia, according to people familiar with the matter. Mueller’s team has recently questioned witnesses about the activities of longtime Trump confidante Roger Stone, → Read More

V.F. Corp.’s jeans business, which includes brands like Lee and Wrangler, slipped 7% in the second-quarter, signaling the impact of the Sears Holdings Corp. bankruptcy. V.F. Corp VFC, -10.71%   announced in August that it would spin off its Jeanswear business to create two publicly traded companies. The yet-to-be-named company, referred to as NewCo., is → Read More

Major digital currency prices are trading at or near Thursday’s closing levels, continuing a trend that’s held most coins inside tight ranges over the last four sessions. Bitcoin, the world’s largest digital currency, was last changing hands at $6,436.28, down 0.2% since Thursday’s level at 5 p.m. Eastern Time on the Kraken exchange. After rising → Read More

Tesla Inc.’s move to offer a slightly cheaper Model 3 sedan before launching the $35,000 version of the car that Chief Executive Elon Musk has promised for years shows that the company is “damned if you do, damned if you don’t,” an analyst said Friday. Tesla TSLA, -1.48%  announced a mid-range Model 3 with a → Read More

Mark Elias/Bloomberg Construction workers set floor trusses in place that will support the second story of a home at a development in Doral, Florida. In a rocky October for stocks, few companies have fared worse than those in the housing sector. Buffeted by a string of reports showing falling home sales and dwindling new construction, → Read More

Shares of Cleveland-Cliffs Inc. fell more than 6% Friday after Chief Executive Lourenco Goncalves slammed analysts during the mining company’s earnings call earlier in the day, accusing them of failing to understand numbers and targeting a Goldman Sachs analyst for most of his angry remarks. Cleveland Cliffs CLF, -4.75%  stock hovered at its lowest since → Read More