Tag: brokerswatch

Sep 10
Euro, yen rally as dollar retreats from 20-year high

The U.S. dollar was slumping against its major counterparts on Friday morning. The euro EURUSD, +0.48% was fetching $1.0091, up from $0.9999 on Thursday, and the dollar USDJPY, -1.06% was trading at 142.15 yen, down from 144.11 yen. The British pound GBPUSD, +0.73% also was climbing. The U.S. dollar index DXY, -0.67% on Wednesday had […]

Sep 10
Porsche says talks to enter Formula One with Red Bull have ended

Steven Goldstein is based in London and responsible for MarketWatch’s coverage of financial markets in Europe, with a particular focus on global macro and commodities. Previously, he was Washington bureau chief, directing MarketWatch’s economic, political and regulatory coverage. Follow Steve on Twitter: @MKTWgoldstein.

Sep 10
PayPal names Expedia executive its next chief product officer

PayPal Holdings Inc. PYPL, +0.06% said Thursday that it has tapped John Kim, an Expedia Group Inc. EXPE, +3.99% veteran, to be its next chief product officer. Kim, who spent a decade with the online-travel company, most recently as the president of Expedia Marketplace, will take over the PayPal position Sept. 26. “Developing new products […]

Sep 10
Dow swings 460 points in hectic session as stocks see first back-to-back gains in 2 weeks

U.S. stocks finished higher on Thursday, notching their first back-to-back gains since Aug. 25 after a volatile session that saw the Dow Jones Industrial Average swing more than 460 points from peak to trough. Stocks seemed to shrug off hawkish commentary from Federal Reserve Chairman Jerome Powell, along with the European Central Bank’s largest interest-rate […]

Sep 10
NYSE, Nasdaq observe moment of silence in honor of Queen Elizabeth II

William Watts is MarketWatch’s senior markets writer. Based in New York, Watts writes about stocks, bonds, currencies and commodities, including oil. He also writes about global macro issues and trading strategies. Before moving to New York, he reported for MarketWatch from Frankfurt, London and Washington, D.C.

Sep 09
Stocks open higher, on track to end run of 3 weekly losses

William Watts is MarketWatch’s senior markets writer. Based in New York, Watts writes about stocks, bonds, currencies and commodities, including oil. He also writes about global macro issues and trading strategies. Before moving to New York, he reported for MarketWatch from Frankfurt, London and Washington, D.C.

Sep 09
Average equity per homeowner rises to record $300,000

U.S. homeowners with mortgages, which accounts for nearly two-thirds of all properties, saw equity in their homes during the second quarter rise 27.8% from a year ago, according to property information company CoreLogic’s Homeowner Equity Report (HER) released Friday. The total increase in home equity for the quarter was $3.6 trillion, or an average of […]

Sep 09
Bank of England to postpone rate decision by a week due to mourning period for Queen Elizabeth

Steven Goldstein is based in London and responsible for MarketWatch’s coverage of financial markets in Europe, with a particular focus on global macro and commodities. Previously, he was Washington bureau chief, directing MarketWatch’s economic, political and regulatory coverage. Follow Steve on Twitter: @MKTWgoldstein.

Sep 09
Consumer spending accelerated in August, while utility bills jumped 16%, BofA research shows

Consumer spending continued to accelerate in August, even as the drags from surging utility and childcare costs partially offset a boost in sentiment from falling gasoline prices, according to research released by Bank of America Corp.’s BAC, +0.84% Bank of America Institute. The research showed that total payments in August increased 13% from a year […]

Sep 09
Sam Bankman-Fried’s FTX Ventures takes 30% stake in Scaramucci’s SkyBridge Capital

William Watts is MarketWatch’s senior markets writer. Based in New York, Watts writes about stocks, bonds, currencies and commodities, including oil. He also writes about global macro issues and trading strategies. Before moving to New York, he reported for MarketWatch from Frankfurt, London and Washington, D.C.