US Politics & Business News
Alicia H. Munnell, senior advisor at the Center for Retirement Research at Boston College, argues that Social Security benefits are far from the runaway entitlement that many fiscal hawks describe. Munnell, who also writes a column for MarketWatch, set out to assess whether current Social Security benefits are reasonable, concluding that a reality check supports…
SpaceX employees have accumulated enough paper wealth through the company’s anticipated IPO to purchase roughly 40% of all homes in San Antonio, Texas. That striking figure comes from a new report by Redfin, the real estate brokerage powered by Rocket, which analyzed the hypothetical purchasing power of current and former SpaceX employees. San Antonio is…
SpaceX shares jumped 19.2% on their first day of trading, closing at $160.95 and leaving many retail investors wondering whether the real opportunity has already passed. The IPO was priced at $135 per share, but the offering was oversubscribed, meaning most ordinary investors had no chance to buy in at that initial price. The debut…
SpaceX’s historic public debut has rewritten the record books, with shares closing well above their offering price on the first day of trading. The company priced its IPO at $135 per share, raising $75 billion in what became the largest initial public offering of all time. Shares closed at approximately $161, marking a nearly 20%…
Since the market’s COVID-19 pandemic low in mid-March 2020, growth stocks had been the undisputed champions of Wall Street for nearly six years running. The S&P 500 Growth index rallied a little more than 200% from that pandemic-era low, leaving value investors watching from the sidelines with considerably thinner gains. The S&P 500 Value index…
Investors rattled by today’s financial headlines may be overlooking a straightforward statistical reality about how markets tend to behave. According to MarketWatch contributor Mark Hulbert, there is a 68% probability that the U.S. stock market will finish the year higher than where it currently stands. That figure has nothing to do with the war in…
FIFA is distributing a record $871 million to the 48 competing nations at the 2026 World Cup, nearly double the $440 million paid out at Qatar 2022. The dramatic increase in prize money reflects FIFA’s expanded tournament format and growing global commercial revenues tied to the sport. Prize money is paid directly to national associations…
Making a major discretionary purchase, like spending thousands of dollars on sports or entertainment tickets, requires careful financial consideration before committing. Big-ticket experiences such as NBA playoff games or World Cup matches can cost consumers anywhere from hundreds to thousands of dollars per seat. Financial experts generally advise consumers to evaluate whether a large splurge…
Investors are closely watching negotiations between the United States and Iran as traders begin pricing in the possibility of a significant geopolitical breakthrough. Bank of America Securities has outlined two key scenarios for markets, with a peace deal and full reopening of the Strait of Hormuz representing the bank’s baseline outcome. Under that baseline scenario,…
When a financial adviser keeps recommending products a client has already rejected, it raises serious questions about whose interests are being served. Annuities are insurance-based financial products that generate a steady income stream, often carrying higher fees and commissions than other investment vehicles. Financial advisers who earn commissions on product sales face an inherent conflict…