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MarketWatch is a website that provides financial information, business news, analysis, and stock market data. Along with The Wall Street Journal and Barron's, it is a subsidiary of Dow Jones & Company, a property of News Corp. Notable contributors include Mark Hulbert and Francine McKenna.Source
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New bill on students pledging future income ‘an open license for discriminatory financing’

New bill on students pledging future income ‘an open license for discriminatory financing’

With the nation’s student-debt load at $1.5 trillion and growing, presidential candidates, higher education leaders, borrower advocates are looking for ways to slow its climb. Amid this backdrop, an idea first proposed in the 1950s is being hailed by industry, philanthropists and some higher-education leaders as a partial solution to our student-loan problem.But to consumer advocates and even U.S. Senator and Democratic presidential candidate Elizabeth Warren, runs the risk of discriminating against women and students of color, and tying students to a financial product that’s designed to...

August 5, 2019
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Beyond Meat stock falls despite earnings that show first profit in company history

Beyond Meat stock falls despite earnings that show first profit in company history

Beyond Meat Inc. shares fell in after-hours trading Monday despite an earnings report that showed the company’s first quarterly profit in history. The meat-substitute company reported a third-quarter profit of $4.1 million, or 6 cents a share, on sales of $92 million, up from a loss of $9.3 million on revenue of $26.3 million in the same quarter a year ago. The analyst consensus called for profit of 4 cents a share on sales of $82.2 million, according to FactSet.“After 10 years of aggressively investing in our science and product innovation, this is the first quarter we have generated net...

October 28, 2019
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‘Totally bizarre!’ — nutritionists see red over study downplaying the serious health risks of red meat

‘Totally bizarre!’ — nutritionists see red over study downplaying the serious health risks of red meat

The Annals of Internal Medicine published a report contradicting decades of growing consensus about the health risks of red meat. Editor’s Note Jan. 7, 2020: In January, the Annals of Internal Medicine corrected the Oct. 2019 study on red meat referenced in this story to explain that the study’s lead author had received funding for separate research from AgriLife Research, an agency within Texas A&M University that is funded in part by the beef industry, the Washington Post reported. Put down the T-bone and slowly back away from that side order of ribs. Nutritionists across the...

January 7, 2020
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Facebook to buy startup that lets humans control computers with their brains

Facebook to buy startup that lets humans control computers with their brains

Facebook Inc. said late Monday it agreed to buy a startup that would let people control computers with their brains – a long-held ambition by Chief Executive Mark Zuckerberg. The proposed acquisition of CTRL-Labs, a 4-year-old company developing software and a bracelet that measures neuron activity in a subject’s arm, is believed to be between $500 million and $1 billion, according to published reports.Facebook declined to comment on the price of the acquisition. “Technology like this has the potential to open up new creative possibilities and reimagine 19th century inventions in a...

September 24, 2019
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AMC Theatres launches streaming service in latest blow to Netflix

AMC Theatres launches streaming service in latest blow to Netflix

ShareAMC is the first cinema chain to launch a streaming service, adding to a wave of new competition from Disney, Apple and othersIn the latest blow to Netflix Inc., AMC Theatres, the biggest cinema chain in the world, said Tuesday it is launching a streaming service that will allow members of its loyalty program to rent or buy films and watch them at home, the first such offering from a cinema operator. The 20 million-plus U.S. households that have signed up to the company’s AMC Stubs program will be able to access about 2,000 films from every major studio, starting Tuesday. Later in the...

October 21, 2019
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Professional gamblers in Nevada may now be able to collect unemployment

Professional gamblers in Nevada may now be able to collect unemployment

The coronavirus pandemic has caused unprecedented layoffs in the U.S., leading to a record number of . In the state of Nevada, one unlikely group that also may be able to collect unemployment? Professional gamblers. Like many states, Nevada closed nonessential businesses statewide to help curb the spread of the coronavirus. People who gamble for a living normally would not be able to collect unemployment, but the statewide shutdown of casinos due to the coronavirus may change that.Nevada Gov. Steve Sisolak ordered the shutdown of all casinos until April 30, and possibly longer, so gamblers...

April 16, 2020
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‘Creditors may view stimulus payments as an opportunity to seize money’ — 5 ways to protect your stimulus check

‘Creditors may view stimulus payments as an opportunity to seize money’ — 5 ways to protect your stimulus check

Stimulus checks are already winding their way to millions of Americans. They’re a key part of the government’s $2.2 trillion CARES Act. That money can’t come soon enough for the nearly 30 million people who are out of work, and others about bills and due to the coronavirus pandemic. The Internal Revenue Service is sending with annual adjusted gross income below $75,000 and $2,400 to married couples filing taxes jointly who earn under $150,000, plus $500 per qualifying child.‘Creditors may view stimulus payments as an opportunity to seize money for amounts owed on outstanding court...

April 14, 2020
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Trump says Supreme Court will need 9th justice to decide election outcome

Trump says Supreme Court will need 9th justice to decide election outcome

President Donald Trump on Wednesday suggested the Supreme Court will have to make a ruling on the Nov. 3 presidential election, so a new justice for the high court should be confirmed before Election Day. “I think it’s better if you go before the election, because I think this scam that the Democrats are pulling — it’s a scam — the scam will be before the United States Supreme Court,” Trump told reporters at the White House, in an apparent reference to efforts to increase mail-in voting during the coronavirus pandemic.“I think having a 4-4 situation is not a good situation, if you get that....

September 23, 2020
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Coronavirus update: Global death hits 300,000; poll finds most Americans disapprove of Trump’s handling of crisis

Coronavirus update: Global death hits 300,000; poll finds most Americans disapprove of Trump’s handling of crisis

The global on Thursday, while, in the U.S., a new poll found the majority of Americans disapprove of President Donald Trump’s handling of the pandemic. The poll, conducted by Global Strategy Group on behalf of found 57% think the response so far only benefits Trump and big companies, and, while there is strong support for the $2 trillion stimulus package, 59% of those polled said it does more for companies than individuals. And 69% of those surveyed said Trump is not being transparent enough with how taxpayer dollars are being distributed.“To put it mildly, the American public is not...

May 14, 2020
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California becomes first state to borrow from U.S. to make unemployment payments

California becomes first state to borrow from U.S. to make unemployment payments

California has become the first state to borrow money from the federal government so it can continue paying out rising claims for unemployment benefits during the coronavirus pandemic. The Golden State borrowed $348 million in federal funds after receiving approval to tap up to $10 billion for this purpose through the end of July, a Treasury Department spokesman said Monday.The U.S. government has also approved loans of up to $12.6 billion for Illinois and up to $1.1 billion for Connecticut through the end of July to replenish state unemployment insurance funds, though the two states hadn’t...

May 4, 2020
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