In Phoenix, Ariz., home prices have skyrocketed nearly 16% over the past year — complicating attempts by house hunters to find a home amid rising interest rates. See full story.
Meet the 26-year-old billionaire who’s game to take on Elon Musk and Tesla
Austin Russell talked with MarketWatch about remote work, Elon Musk and what it’s like to be a billionaire. See full story.
Small-cap value stocks still look cheap even after big rally, two fund managers say
Justin Tugman of Janus Henderson Investors and Christian Stadlinger of Columbia Threadneedle Investment highlight a handful of stocks that they say are still attractively priced. See full story.
Here are the complex bets at the heart of ‘unprecedented’ Archegos-linked $30 billion margin call
Losses that triggered the liquidation of positions approaching $30 billion in value bring to light complicated financial instruments used by European investors that are effectively banned in the U.S. but could still have spillover effects domestically. See full story.
Half of England’s population has antibodies against coronavirus, says statistics agency
Just more than half the population of England now has antibodies against coronavirus, a key development showing the impact of the vaccination drive against the COVID-19 pandemic. See full story.
Evidence suggests existing vaccines may not be as effective at combating coronavirus variants, reducing their efficacy. See full story.