The flames are still flickering on that pile of smoldering Nikes NKE, -0.97% , yet we’re already on to the next #MAGA boycott: Willie Nelson. Yes, that Willie. The weed-smoking progressive in cowboy’s clothing who supports same-sex marriage, speaks out against Trump and voted for Obama. For some reason, however, conservative Texans were apparently shocked → Read More
Amid questions about how much fuel is left in the booming U.S. economy’s tank, investors might want to heed one of the leading indicators of a recession — credit spreads for high-yield bonds. Bond buyers say the historically narrow gap between yields on below-investment-grade corporate debt and “risk-free” U.S. Treasurys TMUBMUSD10Y, +0.55% — in other → Read More
Traders of Micron Technology Inc. stock options are ready for a bigger-than-usual move in the stock, in either direction, after the memory chip company reports earnings after Thursday’s closing bell. The stock MU, -0.60% lost 0.7% in afternoon trade, and has tumbled 14% just this month, while a popular chip maker index, the PHLX Semiconductor → Read More
Even in a red-hot labor market, it can still be tough for some job seekers to find work. Companies like Facebook FB, +1.72% aren’t making it any easier—in fact, says a complaint filed with the federal government Tuesday, the social media giant and 10 other companies are actually going out of their way to make → Read More
Most homeowners whose properties were in the path of Hurricane Florence’s torrential rains would have been better off if their home had been hit by a wildfire or volcanic eruption — at least from an insurance perspective. That’s because damage caused by flooding isn’t covered by standard home insurance policies. Only homeowners who bought separate → Read More
Happy Wednesday, MarketWatchers! Here are the top personal finance stories of the day. Personal Finance I love my girlfriend, but she spends all her money on vacations and clothes This 22-year-old man saw his mother lose everything during the Great Recession and doesn’t want history to repeat itself. This shopping hack will get you 60% → Read More
A new car, dinner at a five-star restaurant, a luxury handbag — these types of purchases aren’t as frivolous as they might seem. Buying designer items and taking extravagant vacations are often criticized for providing only fleeting happiness. But a new study to be published in the October issue of the Journal of Consumer Psychology → Read More
The U.S. stock market is back near all-time highs, and while most of the chatter has revolved around the outsize gains seen in a few major technology-related stocks this year, the rally has been broad based, an underappreciated factor that could bode well for future returns. While those tech-related shares have been major drivers, market → Read More
On the theory that if you repeat a lie often enough, people will believe it, President Donald Trump is retweeting today the persistent falsehood that the economy turned on a dime when he won the election and that all of the so-called experts who said it was impossible for the economy to grow this fast → Read More
Micron Technology Inc. will give investors a much better lay of the land of the memory chip market this week following a quarter of dueling narratives on whether chip prices would hold premium prices. Micron MU, -0.47% is scheduled to report fiscal fourth-quarter earnings after the bell on Thursday. Micron started its fiscal fourth quarter → Read More