The Fed: Fed gets earful from Fidelity executive for roiling global financial markets

Bloomberg News/Landov Jerome Powell, chairman of the U.S. Federal Reserve, and his colleagues were criticized for roiling markets. The Federal Reserve has been insisting that its plan to shrink its balance sheet would be like “watching paint dry.” On Friday, one Wall Street expert politely told them that this view was beyond ridiculous. Lisa Emsbo-Mattingly, […]

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Doug Bowser, and other people whose names perfectly fit their jobs

Some people seem born into their professions. Take Doug Bowser, the incoming president of Nintendo of America, whose surname is the same as one of the videogame company’s most recognizable villains. Bowser, after all, is the evil turtle-dragon hybrid that plucky plumbers Mario and Luigi have to keep rescuing the princess from. Don’t miss: Nintendo […]

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Key Words: ‘Father of Reaganomics’ says ‘get out of the market’ — bond and stock market — ‘and put your money in cash’

David Stockman, the so-called “Father of Reaganomics,” is at it again with his most recent prognostication of doom for Wall Street and the broader economy, even as the stock market tests fresh highs for the year. The 72-year-old politician and businessman, who was the director of Office of Management and Budget under President Ronald Reagan […]

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Metals Stocks: Gold logs a gain as the dollar slips, notches second straight weekly gain

Gold futures settled higher Friday as the dollar weakened, with bullion booking its second straight weekly gain, a day after the metal’s largest one-day drop since August. Gold for April delivery on Comex GCJ9, +0.36% gained $5, or 0.4%, to end at $1,332.80 an ounce, while March silver SIH9, +0.72%  picked up 11.3 cents, or […]

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Love & Money: Meet the wives whose husbands committed white-collar financial crimes

Love & Money is a MarketWatch series looking at how our relationship with money impacts our relationships with significant others, friends and family. Lisa Lawler, 61, thought her husband’s affair was the final nail in the coffin for ending her 26-year marriage. Then, a month after he moved out in 2006, she learned he had […]

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Earnings Outlook: Home Depot and Lowe’s earnings: Same-store sales could be ‘messy’ due to government shutdown, weather

The home improvement retailers Home Depot Inc. and Lowe’s Cos. are scheduled to report fourth-quarter earnings on Tuesday and Wednesday, respectively, and while analysts expect difficult comparisons, 2019 is shaping up to be a good year for remodeling. The remainder of 2018 was a tough one for housing, but Stifel analysts think repairs and remodeling […]

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Upgrade: This is how much 8 different emergencies may cost you — and you probably can’t afford them

Emergencies are expensive. On Wednesday, personal finance site GoBankingRates.com unveiled calculations for how much different emergencies might actually cost the average American, using Census Bureau, FEMA, HomeAdvisor, Insurance.com and other data. And brace yourselves, America, most of them cost far more than you’ve got saved. Average cost of emergencies Job loss, government shutdown, furlough $28,824 […]

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Tax Guy: Your simple guide to the new capital gains tax rates

The Tax Cuts and Jobs Act (TCJA) included many changes that will affect individual taxpayers for 2018-2025. However it maintains the status quo for taxes on long-term capital gains (LTCGs) and qualified dividends. But the way it did so was confusing. Here’s what you need to know to dispel any confusion. Rates and brackets for […]

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NewsWatch: There’s plenty of risk and potential for a bargain in these underloved stocks

MARKETWATCH FRONT PAGE 5 cheap stocks under $10 even high-rollers might like. See full story. Now’s the time to take out some insurance if trade, Fed don’t go the way stocks want, says UBS chief investment officer Our call of the day, from UBS’s global chief investment officer, Mark Haefele, says while they remain fans […]

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Market Snapshot: Stock-index futures point higher on optimism over U.S.-China trade talks

Stock-index futures pointed to a positive start for Wall Street on Friday, buoyed by optimism over U.S.-China trade talks, with President Donald Trump reportedly set to meet China’s top trade negotiator in the White House. What are stock indexes doing? Futures on the Dow Jones Industrial Average YMH9, +0.45%  rose 118 points, or 0.5%, to […]

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