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High-profile NFT auctions from Beeple, Madonna flop amid crypto crash

High-profile NFT auctions from Beeple, Madonna flop amid crypto crash

The once-sizzling market for NFTs has become a spectacular bust, as high-profile auctions increasingly flop and investors who plunked down millions for bizarre digital artworks now struggle to unload them at a tiny fraction of what they paid. Last spring, the little-known crypto artist Beeple sold an NFT for an eye-popping $69 million. This month, …

High-profile NFT auctions from Beeple, Madonna flop amid crypto crash Read More »

Gold closes out Thursday trade higher, aims for weekly gain

Fannie Mae chief economist says the U.S. housing market has finally turned a corner and temporary child tax credits contributed to Americans’ financial security in 2021

Hi, MarketWatchers. Don’t miss these top stories. The good news: Americans’ financial security soared last year. The bad news: That may be due to this lucrative, but temporary tax break The share of Americans who said they were able to cover $400 in emergency expenses, using cash or its equivalents, reached a 9-year-high. Read More …

Fannie Mae chief economist says the U.S. housing market has finally turned a corner and temporary child tax credits contributed to Americans’ financial security in 2021 Read More »

'The weight of this debt is crushing': I'm 74, and a retired speech-language pathologist with a student-loan debt of $200K. Am I obliged to pay it off?

‘What are the chances? I retire and the stock market crashes. All my plans are upside down.’ I want to draw on my 401(k) to renovate my new home. What options do I have?

Dear Quentin, I’m due to retire in two months and I have already moved to my new home in the sun. I have not sold my apartment in a major U.S. metropolitan area on the east coast, as I wanted to see how I settled into my new life. It’s a quiet, but beautiful city …

‘What are the chances? I retire and the stock market crashes. All my plans are upside down.’ I want to draw on my 401(k) to renovate my new home. What options do I have? Read More »

VMware stock rallies 25% on reports Broadcom is weighing its third software acquisition in four years

VMware stock rallies 25% on reports Broadcom is weighing its third software acquisition in four years

VMware Inc. shares rallied Monday as Wall Street chimed in on reports that Broadcom Inc. is looking for a threepeat when it comes to software acquisitions. VMware VMW, +24.78% shares surged to finish up nearly 25% at $119.43 for a market cap of $50.29 billion. Late Sunday, several news outlets reported that Broadcom AVGO, -3.10% …

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Inheriting a house? Read this before you make any rash decisions

Inheriting a house? Read this before you make any rash decisions

Leaving behind a home for a loved one to inherit is a huge gift, but without the right planning, it could be an equally large headache.  Beneficiaries must juggle many considerations when they inherit a home, especially if they’re sharing that gift with siblings or others. There are tax implications whether they keep or sell …

Inheriting a house? Read this before you make any rash decisions Read More »

How racist policies and segregation marginalized Buffalo’s Black communities: ‘An entire generation saw little if any improvements in their lives’

How racist policies and segregation marginalized Buffalo’s Black communities: ‘An entire generation saw little if any improvements in their lives’

That segregation is part of what drew the suspected gunman to Buffalo Saturday afternoon, when he allegedly targeted Buffalo’s East Side and Tops Friendly Market because of the predominantly Black population living nearby. New York Gov. Kathy Hochul told CNN that investigators believe the gunman targeted the surrounding ZIP code because it had the highest …

How racist policies and segregation marginalized Buffalo’s Black communities: ‘An entire generation saw little if any improvements in their lives’ Read More »

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Select lots of Jif peanut butter are recalled due to Salmonella scare

Before you make that PB&J, you may want to make sure your peanut butter hasn’t been recalled. The U.S. Food & Drug Administation (FDA) said Friday that the J.M. Smucker Co. SJM, -0.83% is “recalling select Jif peanut butter products sold in the U.S. due to potential Salmonella contamination.” The FDA noted that Salmonella is “an organism …

Select lots of Jif peanut butter are recalled due to Salmonella scare Read More »

Gold closes out Thursday trade higher, aims for weekly gain

‘Revenge travel’ is coming back in Summer 2022 and husband-wife lab researchers admit taking Pfizer vaccine data to develop their own cancer treatment

Hi, MarketWatchers. Don’t miss these top stories. ‘I chose to take a gamble’: Husband-wife lab researchers admit taking Pfizer vaccine data to develop their own cancer treatment The plot unraveled after Chenyan Wu was caught trying to sneak toxic chemicals into the U.S. from China to start a lab in San Diego. Read More Airbnb …

‘Revenge travel’ is coming back in Summer 2022 and husband-wife lab researchers admit taking Pfizer vaccine data to develop their own cancer treatment Read More »