BookWatch: Here’s why the craft cannabis industry can thrive in the face of Big Marijuana

BookWatch: Here’s why the craft cannabis industry can thrive in the face of Big Marijuana

In 2012, Washington and Colorado became the first states to legalize recreational marijuana. Since then, more states have followed. To date, 33 states have legalized the recreational or medicinal use of marijuana. Canada legalized recreational use nation-wide in October 2018. As these legal markets emerge, investments are pouring in (by one estimate, consumer spending on → Read More

Earnings Watch: After long weekend, Walmart highlights a short week of earnings

Earnings Watch: After long weekend, Walmart highlights a short week of earnings

A short week on Wall Street brings a fairly light earnings slate, with one huge Dow component arriving at an anxious time for the retail sector. The key name to watch is Walmart Inc. WMT, +1.49% which will give a glimpse into the all-important holiday season and also provide information about its newer efforts in → Read More

Mattel boomerangs to its worst stock loss in more than 20 years

Mattel boomerangs to its worst stock loss in more than 20 years

Mattel Inc. may need to get a license to the “Freaky Friday” franchise. The toy maker’s stock suffered its worst loss of the millennium on Friday, exactly a week after its best trading session of the 2000s the previous Friday. The boomerang trade was the result of splitting holiday-season earnings from Mattel’s MAT, -18.27%  forecast → Read More

Personal Finance Daily: More than 44% of Americans pay no federal income tax and don’t worry if you missed the recent stock market rally

Personal Finance Daily: More than 44% of Americans pay no federal income tax and don’t worry if you missed the recent stock market rally

Happy Friday, MarketWatchers. Here are some of the day’s top stories to keep you entertained as we head into the long weekend. Personal Finance H&R Block agents took ‘empathy training’ to handle people upset by smaller tax refunds or surprise tax bills Accountants are investing in customer service as the average tax refund has dropped → Read More

China’s flexibility limited by its racking up debt, former policymakers say

China’s flexibility limited by its racking up debt, former policymakers say

AFP/Getty Images General Joseph Dunford (L), chairman of the US Joint Chiefs of Staff, and Chief of the General Staff of the Chinese People's Liberation Army General Fang Fenghui shake hands after signing an agreement at the Bayi Building in Beijing. China recovered much more rapidly from the Great Recession than other countries because of → Read More

NewsWatch: The Nasdaq escapes longest bear market — by one measure — in 28 years

NewsWatch: The Nasdaq escapes longest bear market — by one measure — in 28 years

MARKETWATCH FRONT PAGE The Nasdaq Composite, an index often employed as a proxy for the health of technology and internet-related stocks, was on the verge Wednesday of ending its longest bear market since 1991. See full story. H&R Block agents took ‘empathy training’ to handle people upset by smaller tax refunds or surprise tax bills → Read More

Gunman apprehended after shooting incident at Aurora, Ill., manufacturing plant

Gunman apprehended after shooting incident at Aurora, Ill., manufacturing plant

City officials in Aurora, Ill., say a gunman was apprehended late Friday, apparently bringing to a close an active-shooter situation at a Henry Pratt Co. manufacturing facility in the municipality of 200,000 located some 40 miles west of Chicago. The vicinity, including local schools, reportedly remained on lockdown. Reports of injuries, including injuries to law-enforcement → Read More

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