Wholesale prices climbed far beyond expectations in May, with a dramatic spike in energy costs driving pipeline inflation to its highest level in years. The producer price index rose a seasonally adjusted 1.1% for the month, matching April’s increase but exceeding the 0.7% gain economists surveyed by Dow Jones had forecast. On a 12-month basis,…

When to claim Social Security is one of the most consequential financial decisions a retiring couple can face, and the stakes grow higher with significant assets involved. For couples approaching their early 60s with substantial savings, the choice between claiming Social Security early or delaying can mean tens of thousands of dollars in lifetime benefits….

Markets are currently pricing in a near-certain probability that the European Central Bank will raise its benchmark deposit rate by at least 25 basis points. The deposit rate currently sits at 2%, with market pricing reflecting roughly a 98% chance of an increase at the ECB’s upcoming meeting. Holger Schmieding, chief economist at Berenberg, has…

Prediction market platform Kalshi has unveiled a broad set of market integrity measures designed to deter insider trading and manipulation across its rapidly growing platform. The new rules, which took effect immediately, follow recommendations from an independent Surveillance Audit Committee and represent the most aggressive enforcement posture the company has adopted since launching in 2021….

A common and frustrating dilemma facing homeowners involves paying for a professional repair, only to discover the fix introduced an entirely new issue. When a plumber is hired to solve a specific problem, the expectation is that the work will be completed correctly and without creating additional damage or complications. The question of who bears…

Nike (NKE) is facing fresh pressure from Wall Street after RBC Capital Markets cut its price target on the athletic apparel giant just one day before the World Cup begins. RBC lowered its 12-month price target on Nike from $70 to $50, citing slower-than-expected revenue growth as the primary reason behind the downgrade. Shares in…

The question of how much friends should know about your financial situation is one many affluent Americans quietly wrestle with every day. One reader submitted a letter to MarketWatch’s Moneyist advice column describing how she and her husband actively downplay their financial comfort around their social circle. The couple pretends to be strapped for cash,…

Amazon.com has entered a $17.5 billion delayed draw term loan credit facility agreement, with Citibank N.A. serving as administrative agent on the deal. The agreement was signed on June 8 and disclosed in a filing with the Securities and Exchange Commission, with Amazon stating the funds are intended for general corporate purposes. Lenders participating in…

The consumer price index rose 4.2% annually in May 2026, marking the highest inflation reading since April 2023, according to the Bureau of Labor Statistics. The monthly CPI gain came in at a seasonally adjusted 0.5%, matching Dow Jones consensus expectations but falling 0.1 percentage point below the April reading. Energy prices were the dominant…

The 2026 Social Security and Medicare Trustees Report projects the Old-Age and Survivors Insurance Trust Fund will be depleted by the fourth quarter of 2032. Once that threshold is hit, ongoing payroll tax revenue would cover only 78% of scheduled benefits, triggering an automatic 22% across-the-board cut without congressional action. The report was released by…