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Market headlines

Headlines and source snippets from major financial publishers. We link out to the original reporting.

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MarketWatchJun 24, 3:38 PM/Philip van Doorn

Why a 30-year mortgage loan could be your biggest money mistake

You might be able to save hundreds of thousands of dollars with a 15-year mortgage loan.

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MarketWatchJun 24, 3:35 PM/Jaimy Lee

Millions of older Americans will soon have Medicare access to GLP-1s for weight loss. Here’s what they need to know.

Starting July 1, Medicare beneficiaries will have access to weight-loss drugs for the first time. There are some unique factors they should consider.

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MarketWatchJun 24, 3:29 PM/Genna Contino

Here’s exactly what I said to get a $155 refund on a canceled flight — even when the airline pushed back

Plus: Know your rights as a passenger — and what you’re entitled to if an airline cancels your flight for any reason.

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MarketWatchJun 24, 3:20 PM/Britney Nguyen

Broadcom unveils a custom chip for OpenAI as it challenges Nvidia’s dominance

The custom chip is designed to support the ChatGPT maker’s future AI models and products.

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MarketWatchJun 24, 3:00 PM/Quentin Fottrell

My houseguest left heat marks all over my table. I didn’t notice them until she was gone. Do I ask her to pay to remove them?

“What drives me crazy is that she didn’t mention it.”

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MarketWatchJun 24, 2:47 PM/Gordon Gottsegen

Is Wendy’s the next meme stock? Everyday traders are trying to ‘save’ the fast-food chain.

Shares of fast-food chain Wendy’s rallied 25% at Wednesday’s open.

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MarketWatchJun 24, 2:46 PM/Barbara Kollmeyer

J.P. Morgan lifts its S&P 500 target to 7,800 but warns that a ‘flash crash’ remains a risk

J.P. Morgan strategists lifted their year-end S&P 500 forecast, saying they had been much too cautious around “unpredented” expectations for earnings growth.

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MarketWatchJun 24, 12:55 PM/Barbara Kollmeyer

The ‘Buffett of Boston’ sees investors in a ‘vulnerable place’ as American corporations need too much money

Seth Klarman of The Baupost Group sees a supply-demand imbalance as companies demand capital that could prove difficult for investors.

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MarketWatchJun 24, 12:15 PM/Quentin Fottrell

I had my gallbladder removed. After I got home, the hospital asked me for a donation. Is this ethical?

“The letter asked whether I had a favorite caregiver and if I would like to make a contribution in their honor.”

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MarketWatchJun 24, 12:11 PM/Nora Redmond

Blackstone says withdrawal limits are a ‘feature and not a flaw’ designed to ‘protect investors from themselves’

Dan Oneglia, liquid-credit strategist, called the capping mechanism a “feature and not a flaw” of the structure.

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MarketWatchJun 24, 11:50 AM/Jurica Dujmovic

Tesla and Waymo are chasing the robotaxi dream — but the company spending the most to win builds no cars at all

Uber is quietly writing $500 million checks to lock in robotaxis as Waymo threatens to leave it behind.

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MarketWatchJun 24, 11:00 AM/Jessica Hall

This disease is more expensive than cancer and heart disease combined. And it’s only going to get worse.

“People should be alarmed. This is a health crisis. It’s also an economic crisis for families and government,”

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MarketWatchJun 24, 10:44 AM/Steve Goldstein

Here’s what happened after 17 other semiconductor stock one-day plunges over the last 15 years

Microchip stocks tumbled on Tuesday, but a look at similar one-day downturns in the semiconductor sector shows the declines are often fleeting.

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MarketWatchJun 24, 10:07 AM/Nora Redmond

Why U.K. stocks can’t escape the shadow of a ‘lost decade’ following Brexit

The year of the Brexit referendum represented a peak for stock prices and foreign investment in the country, but its attractiveness has waned

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MarketWatchJun 24, 9:15 AM/Quentin Fottrell

‘I’m scared of making a huge financial mistake’: I gave my brother half of my $1.5 million home. Can he force me to sell?

“One lawyer estimated that my brother and I would each walk away with a couple hundred thousand dollars.”

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MarketWatchJun 24, 9:07 AM/Steve Goldstein

Coming to America: SK Hynix plans depository receipt listing on the Nasdaq

SK Hynix, one of the three major memory-chip makers that has surged in value due to huge demand for artificial-intelligence applications, said on Wednesday it’s going to issue American depository receipts, giving American investors an easier way of investing in the company.

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MarketWatchJun 24, 9:01 AM

Paris Hilton shows off lavish ‘doggy mansion’ at $63 million estate

Hotel heiress Paris Hilton’s children have found a new home in the form of a luxurious custom “doggy mansion” that the family has set up for their pets on the grounds of their $63 million Beverly Hills home.

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MarketWatchJun 24, 8:14 AM/Jamie Chisholm

World’s hottest stock market rallies after 10% plunge

Chip makers Samsung and SK Hynix recover some ground after bout of profit taking

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MarketWatchJun 24, 12:51 AM/Victor Reklaitis

Trump may say he’s banning Wall Street from buying homes. Does the bipartisan housing bill actually do that?

The measure “will take time to meaningfully affect housing affordability and will not resolve voter frustration in that area,” analysts said.

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MarketWatchJun 23, 11:15 PM/Quentin Fottrell

‘It feels like a medical miracle’: How did a single QR code coupon cut my $618 Walgreens prescription to $15?

“This medication was generic.”

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MarketWatchJun 23, 11:00 PM/Quentin Fottrell

‘It seems too good to be true’: At a steak-dinner retirement seminar, the guy said annuities can outperform the market. Is that true?

“He claimed that fixed-rate annuities are the sparkly, rainbow-fairyland of investments.”

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MarketWatchJun 23, 10:47 PM/Quentin Fottrell

I want to leave everything to my sons, but I’m terrified they’ll give it to my ex-husband. How do I prevent this?

“I would not like my money to fall into the hands of my former spouse.”

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MarketWatchJun 23, 10:10 PM/Quentin Fottrell

‘We own our home outright’: I am 67 and earn $100,000. Do I take my $30,000-a-year Social Security now or wait?

“We have combined savings of $950,000 in retirement plans, Roth IRAs and Treasuries.”

Read at source
MarketWatchJun 23, 9:53 PM/Claudia Assis

Alphabet’s stock is set to join the Dow. Here’s which company is getting the boot.

Dow Industrial’s index provider hails Alphabet as ‘more representative’ of communications sector.

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MarketWatchJun 23, 9:43 PM/Britney Nguyen

Cerebras delivers its first earnings report — but it’s not enough to lift the stock

Despite upbeat revenue figures, Cerebras’s stock was falling in after-hours trading.

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MarketWatchJun 23, 9:42 PM/William Gavin

SpaceX reveals pricing details for what could be one of the year’s biggest debt deals

The offering is set to close on Friday and help SpaceX pay off its existing debt

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MarketWatchJun 23, 9:34 PM/Weston Blasi

The No. 1 overall NBA draft pick will make nearly $70 million overnight, as historic TV deals keeping money flowing into NBA

There’s so much money at stake in the NBA draft that falling a few slots could cost a player $30 million.

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MarketWatchJun 23, 9:23 PM/Britney Nguyen

Micron and Sandisk lead a sharp tech selloff in a ‘gut-check’ moment for AI stocks

Investors are taking a ‘breather’ from AI-driven momentum, an analyst says

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MarketWatchJun 23, 9:16 PM/William Gavin

SpaceX succumbs to gravity as the stock briefly dips below its debut price on Nasdaq

The stock hits a new low before recovering to close in positive territory

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MarketWatchJun 23, 9:12 PM/Christine Idzelis

SpaceX stock’s wild price swings since its IPO show how risky leveraged ETFs can be

The excitement around SpaceX shares has quickly faded after they soared in their market debut this month — providing a crushing reminder of just how risky it is to make leveraged bets on single stocks via the exchange-traded-fund market.

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MarketWatchJun 23, 9:11 PM/Hannah Pedone

Trump regrets once selling IBM’s stock. Now he’s cheering its quantum future and dealing its shares.

IBM looks like a focal point as the U.S. further backs domestic quantum-computing initiatives.

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MarketWatchJun 23, 9:08 PM/Genna Contino

Paid in company stock? Don’t let your loyalty derail your financial future.

If your company has a bad quarter, you could potentially see your stock holdings fall and lose your job.

Read at source

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