Deal-making and advisory revenue boosted the big banks’ latest results, but a surge in loan demand would lift their stocks.
3 minDespite recent slowing, U.S. economy is posting solid growth. And the nation has had trouble sustaining even 4% annual inflation over the past 40 years.
Long read
This week, the Streetwise team takes a break to bring you a new episode of Best New Ideas in Money. It's a new show hosted by MarketWatch editor Jeremy Olshan and economist Stephanie Kelton. Innovations in behavioral biometrics will make it harder for fraudsters to impersonate you online, but these detailed profiles of our behaviors could get a little creepy. For more episodes, find Best New Ideas in Money wherever you get your podcasts.
Apple shares wobbled this past week on reports of potential component shortages. Why investors may now be overthinking the risk to tech stocks.
4 minAs Apple, Microsoft, Alphabet, Facebook, and Amazon go, so goes the S&P. Keep your eyes on the 10-year Treasury yield and regulators’ agendas.
4 minEvercore ISI analyst Mark Mahaney sees a tougher advertising environment and added Facebook to his firm’s “tactical underperform list."
3 minRetail stocks saw a strong start to the year as a uniform group. While the U.S. consumer is still in good shape, investors now need to look at individual retailers carefully.
3 minBarron's drove a Rivian R1T a week after riding in an all-electric Ford F-150 Lightning. Both are impressive vehicles.
4 minYou need to know where to look and what to expect if you're not shopping right now, two real estate economists say.
2 minThe bank's performance was powered by strength in investment banking and equities trading.
2 minDiscount broker Charles Schwab posts better-than-expected earnings, which got a boost from a jump in client assets.
1 minIn a tweet, the Tesla CEO drew attention to his top spot on the rich lists over Amazon founder Jeff Bezos. Behind that wealth: the rapid appreciation of Tesla shares, which has outpaced Amazon stock. That probably won’t change quickly.
4 min“Older adults who volunteer find themselves doing more walking, lifting, bending, and stretching. This degree of physical activity is essential for the prevention of disability and physical loss,” says one geriatrician.
Long readHere's what to know.
4 minWall Street’s estimates look far too low. Here’s what to look for.
3 minAdvisors can help clients make the fiscally right choice by gauging tax values that could affect their ability to meet retirement or legacy goals.
4 minActivist hedge fund Starboard Value sold off much of its stake in cloud-computing company Box.
1 min
Volkswagen CEO Herbert Diess asked Musk to talk to 200 of the German auto maker's top executives.
2 minElon Musk has built two industrial behemoths—Tesla and SpaceX—revolutionizing two industries. But that isn't all he has done to change industry.
3 minElectric-vehicle maker Tesla hit record sales in China, and analysts are looking at how Beijing could react as a foreign company moves up in the country’s bustling EV market.
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