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Walmart stock surge drives up retailers, negates J.C. Penney’s largest-ever plunge
News 11 months ago
Walmart stock surge drives up retailers, negates J.C. Penney’s largest-ever plunge

The retail sector enjoyed a broad stock rally Thursday, as blowout results from Walmart Inc., in the wake of upbeat economic data, helped negate...

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Walmart same-store sales grow at fastest pace in 10 years as e-commerce spending climbs
News 11 months ago
Walmart same-store sales grow at fastest pace in 10 years as e-commerce spending climbs

Walmart Inc. reported same-store sales growth at the strongest levels in more than a decade, offsetting analyst concerns about major investments in...

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Housing starts inch up in July, miss forecast
News 11 months ago
Housing starts inch up in July, miss forecast

The numbers: Construction on new houses increased by less than 1% in July, reflecting a recent slowdown in building that’s likely tied to higher...

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Kushner family escapes burden of 666 Fifth Ave. via 99-year lease agreement with Brookfield
News 11 months ago
Kushner family escapes burden of 666 Fifth Ave. via 99-year lease agreement with Brookfield

The Kushner family has closed on a deal to unload its office tower at 666 Fifth Avenue, a building it bought at the top of the market that was...

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The notorious Reno drunk and the housing-market hangover
News 11 months ago
The notorious Reno drunk and the housing-market hangover

In 2006, the New Yorker published a Malcolm Gladwell story headlined “Million Dollar Murray.” It profiled Murray Barr, an affable, mostly toothless...

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Inflation’s on the rise, and worker pay has little to do with it
News 11 months ago
Inflation’s on the rise, and worker pay has little to do with it

There’s been a lot gnashing of teeth lately about rising U.S. inflation, but it’s not the business cost of employing the working man and woman that...

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Mortgage rates climb as housing market loses its mojo
News 11 months ago
Mortgage rates climb as housing market loses its mojo

Rates for home loans surged along with the broader fixed-income market, pressuring mortgage affordability again even as housing-market growth...

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Zillow will offer property-management tools to renters and landlords
News 11 months ago
Zillow will offer property-management tools to renters and landlords

Zillow Group Inc. on Tuesday announced new tools that will allow renters and landlords to complete transactions online, following other recent...

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Why short-term health insurance is dirt cheap and Reddit got hacked because this common security measure didn’t work
News 11 months ago
Why short-term health insurance is dirt cheap and Reddit got hacked because this common security measure didn’t work

Hope you have a good weekend, MarketWatchers. Before you relax, don’t miss Friday’s top stories. Personal Finance Reddit got hacked because this...

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Opinion: Kamala Harris has a terrible idea to lower the high cost of renting
News 11 months ago
Opinion: Kamala Harris has a terrible idea to lower the high cost of renting

California Democratic Sen. Kamala Harris recently proposed a foolish idea to address a real problem: America’s housing affordability crisis. Noting...

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Raising a family? You may want to live here
News 11 months ago
Raising a family? You may want to live here

Forget the big cities. Madison, Wisc., that state’s capital with a population of about 252,000 people, ranked first on a list of best places for a...

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Buyers in expensive neighborhoods find more homes for sale
News 11 months ago
Buyers in expensive neighborhoods find more homes for sale

Home buyers in high-priced housing markets saw some relief in July, but it’s too early to tell whether that trend will continue. The inventory of...

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Pick your poison: Here are the best neighborhoods for real estate investing if you want income or if you want growth
News 11 months ago
Pick your poison: Here are the best neighborhoods for real estate investing if you want income or if you want growth

Are you a real estate investor looking for strong price growth and great cash flow? Good luck with that. It’s a truism among real estate...

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8 things you’re better off buying used
News 11 months ago
8 things you’re better off buying used

You’ve probably heard buying secondhand is a good way to save more money. And that’s true—if you know how to do it right. That’s because it’s not...

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Facebook says WhatsApp will start making money next year
News 11 months ago
Facebook says WhatsApp will start making money next year

A week after Facebook Inc. stunned investors by saying its revenue growth would decline by a high-single-digit percentage for the rest of the year,...

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People like meal kits, but their business model is unsustainable
News 11 months ago
People like meal kits, but their business model is unsustainable

Meal kits were expected to overhaul dinner time in the U.S., helping busy workers indulge their love of cooking without the burden of shopping for...

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Young people are shunning construction jobs—and it’s hurting the housing market
News 11 months ago
Young people are shunning construction jobs—and it’s hurting the housing market

The construction business is having trouble attracting young job seekers. The share of workers in the sector who are 24 years old or younger has...

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Home price growth eases again, Case-Shiller reports
News 11 months ago
Home price growth eases again, Case-Shiller reports

The numbers: The S&P/Case-Shiller national index rose a seasonally adjusted 0.4% and was up 6.4% for the year in May. The 20-city index rose a...

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The new housing play: Helping priced-out renters become long-distance landlords
News 11 months ago
The new housing play: Helping priced-out renters become long-distance landlords

Leland Char is a 28-year-old product manager for a large San Francisco-based tech company. He loves the Bay Area’s “very authentic Asian food and...

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Pending home sales advance in June after grim spring selling season
News 11 months ago
Pending home sales advance in June after grim spring selling season

The numbers: U.S. pending home sales rose 0.9% in June, the National Association of Realtors said Monday. What happened: NAR’s index, which tracks...

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Amazon Prime members are adopting Whole Foods benefits faster than previous perks
News 11 months ago
Amazon Prime members are adopting Whole Foods benefits faster than previous perks

As Amazon.com Inc. continues to bring Whole Foods Market into the Prime system, executives say members are integrating the grocery chain’s benefits...

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The slacker’s guide to saving money and building wealth
News 11 months ago
The slacker’s guide to saving money and building wealth

Building wealth sounds like something that requires endless amounts of time that, let’s be honest, many of us just don’t have. But the reality is...

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Half of U.S. homes are now more valuable than before the real-estate bubble burst
News 11 months ago
Half of U.S. homes are now more valuable than before the real-estate bubble burst

There’s a split emerging in the U.S. housing market: Some are becoming more valuable than ever, while others struggle to emerge from the financial...

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SuperValu shares soar 65% after United Natural Foods agrees to acquire grocery chain
News 11 months ago
SuperValu shares soar 65% after United Natural Foods agrees to acquire grocery chain

SuperValu Inc. shares soared 65% Thursday, after United Natural Foods Inc. said it has agreed to acquire the food distributor and grocery chain in...

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Nearly 2 million more homeowners confirms the enduring power of the American Dream
News 11 months ago
Nearly 2 million more homeowners confirms the enduring power of the American Dream

More Americans became homeowners in the spring, and the number of renters decreased, adding to evidence that consumers still aspire to ownership...

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Vanke to buy 4.9% stake in Cushman & Wakefield ahead of IPO
News 12 months ago
Vanke to buy 4.9% stake in Cushman & Wakefield ahead of IPO

China Vanke Co.’s 2202,-1.17% Vanke Service agreed to buy what would amount to a 4.9% stake in Cushman & Wakefield ahead of the firm’s planned...

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My brother borrowed $100,000 from my father before he died—how do we get it back?
News 12 months ago
My brother borrowed $100,000 from my father before he died—how do we get it back?

Dear Moneyist, My father lent my brother $100,000 to help remodel his home. There was a promissory note for $53,000 signed. The rest of the money...

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From tablecloths to tenants? Overstock makes a move into real estate
News 12 months ago
From tablecloths to tenants? Overstock makes a move into real estate

Overstock.com Inc. OSTK,-2.06% on Monday announced it was acquiring Houserie, a property management platform, as a first step into the real estate...

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How to help your grown kids buy a home
News 12 months ago
How to help your grown kids buy a home

This article is reprinted by permission from NerdWallet. When responsible first-time home buyers need help buying a home, the family bank can...

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Less than 20% of apartments are affordable for middle-income black renters
News 12 months ago
Less than 20% of apartments are affordable for middle-income black renters

MARKETWATCH PERSONAL FINANCE In cities like New York and Miami, some residents could afford 5% or fewer rentals. See full story. We Want to Hear...

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