• Coronavirus Update: U.S. has now lost 1 person in every 500 to COVID-19 Link
    MarketWatch Thu 16 Sep 2021 16:01

    The U.S. passed another grim milestone in the coronavirus pandemic on Thursday, when the number of fatalities from COVID-19 passed 666,000, meaning that about 1 in every 500 people living in America has died of the illness.

    Roughly 1,900 deaths are now being recorded daily, which means the U.S. is suffering more deaths every two days than in the terrorist attacks of Sept 11, 2001.

  • Why the $5.4 trillion ETF market faces its biggest crisis since inception Link
    MarketWatch Thu 16 Sep 2021 15:56

    Happy Thursday! Exchange-traded funds have been referred to as one of the best financial innovations and the greatest success story in markets over the past few decades. There are many solid attributes to ETFs that are enjoyed by individual investors and institutions alike but one important benefit, the tax efficiency, could be stripped away from the funds, delivering a potentially blow to the industry experts told ETF Wrap.

  • ‘I’m getting the short end of the stick with each new grandchild.’ My parents want to split their estate with their grandkids Link
    MarketWatch Thu 16 Sep 2021 15:46

    My mother has stated that when she and my father pass away, they’d like for my three siblings and I to split any inheritance four equal ways. She has also stated that she would want the grandchildren to get something too. I am single and childless, as I intend to continue to be. 

    At this point, all of my siblings have offspring totaling seven grandchildren, with more planned on the way. To me, it seems more fair to split the inheritance four ways, and then to state in the will that each parent/sibling give an amount my mother and father want each grandchild to receive.

  • Failing to identify future technology right now could mean missing out on the next big thing, Bank of America strategists say. Link
    MarketWatch Thu 16 Sep 2021 15:31

    Imagine being an early investor to Apple, or Amazon.com, and sitting on a fortune. Ahhh.

    But a failure to identify future technology right now could mean missing out on the next big thing, says our call of the day from a team of Bank of America strategists led by Haim Israel, which highlights 14 potentially lucrative new technologies that represent a $330 billion market now that could be worth $6 trillion by the next decade.

  • RT @Quantanamo: ‘I’m getting the short end of the stick with each new grandchild.’ My parents want to split their estate with their grandki…
    MarketWatch Thu 16 Sep 2021 15:06
  • Job hunters are now including vaccination status on LinkedIn and in résumés Link
    MarketWatch Thu 16 Sep 2021 14:56

    As someone who’s been working in the recruiting and talent acquisition industry for two decades, Dustin Mazanowski knows how important it is for job candidates to use “key words” on their profiles and resumes that quickly distinguish them from the pack.

    That’s why he has “#vaccinated” in his LinkedIn profile.

  • Existing data don't show need for wide use of COVID vaccine boosters: scientists Link
    MarketWatch Thu 16 Sep 2021 14:56

    The U.S. is days away from President Joe Biden’s target date to begin rolling out COVID-19 booster shots to Americans even though experts still say there isn’t a scientific case for boosting the entire eligible population.

    The Biden administration announced last month that adults vaccinated with the shots developed by BioNTech SE BNTX,

  • We shouldn't miss out on future tech. If we fail to spot the next big thing, we could miss out on the next big thing, Bank of America strategists say. Link
    MarketWatch Thu 16 Sep 2021 14:51

    Imagine being an early investor to Apple, or Amazon.com, and sitting on a fortune. Ahhh.

    But a failure to identify future technology right now could mean missing out on the next big thing, says our call of the day from a team of Bank of America strategists led by Haim Israel, which highlights 14 potentially lucrative new technologies that represent a $330 billion market now that could be worth $6 trillion by the next decade.

    “The...

  • RT @Quantanamo: Job hunters are putting their vaccination status on LinkedIn and résumés. Should you do the same? Link
    MarketWatch Thu 16 Sep 2021 14:26

    As someone who’s been working in the recruiting and talent acquisition industry for two decades, Dustin Mazanowski knows how important it is for job candidates to have “key words” on their profiles and resumes that quickly distinguish them from the pack.

    That’s why he has “#vaccinated” in his LinkedIn profile.

  • Rolls-Royce leads London gainers on Australian nuclear submarine deal Link
    MarketWatch Thu 16 Sep 2021 14:26

    Shares of Rolls-Royce were climbing in London on Thursday, following news of its involvement in a deal to provide nuclear powered submarines, while power station group Drax also surged.

    The FTSE 100 index UKX,

  • Just five Dow components in positive territory as triple-digit gain vanishes Link
    MarketWatch Thu 16 Sep 2021 14:21
  • Lucid is the “Tesla/Ferrari” of electric vehicles and is taking advantage of lessons learned by the other two luxury auto makers, Bank of America analysts say. And Morgan Stanley says Lucid can scale. Link
    MarketWatch Thu 16 Sep 2021 14:11

    Lucid Group Inc. stock got a buy rating from analysts at Bank of America, who on Wednesday said Lucid is the “Tesla/Ferrari” of electric vehicles and is taking advantage of lessons learned by the other two luxury auto makers.

    The analysts, led by John Murphy, praised Lucid’s LCID,

  • Philly Fed factory index jumps in September as price pressures ease slightly Link
    MarketWatch Thu 16 Sep 2021 13:56

    The numbers: The Philadelphia Federal Reserve’s business activity index rose to 30.7 in September from 19.4 in August, snapping a four-month streak of declines, the regional bank said Thursday.

    Economists polled by the Wall Street Journal expected an 18.9 reading. Any reading above zero indicates expansion in the manufacturing sector.

  • U.S. stock benchmarks were mixed Thursday morning, with the Dow industrials posting modest gains while the broader market was under pressure, after August retail sales showed an unexpected rise. Link https://t.co/vL7VSzYctw
    MarketWatch Thu 16 Sep 2021 13:46

    U.S. stock benchmarks were mixed Thursday morning, with the Dow industrials posting modest gains while the broader market was under pressure, after August retail sales showed an unexpected rise and a measure of activity in the Philadelphia Federal Reserve district came in stronger than expected. The Dow Jones Industrial Average DJIA,

  • RT @jolshan: Fascinating new LinkedIn trend: Job seekers are listing their vaccine status on profile pages. Link
    MarketWatch Thu 16 Sep 2021 13:46

    As someone who’s been working in the recruiting and talent acquisition industry for two decades, Dustin Mazanowski knows how important it is for job candidates to have “key words” on their profiles and resumes that quickly distinguish them from the pack.

    That’s why he has “#vaccinated” in his LinkedIn profile.

  • U.S. jobless claims rise in latest week Link
    MarketWatch Thu 16 Sep 2021 13:41

    The numbers: Applications for U.S. unemployment benefits rose in early September one week after falling to a pandemic low, but the increase partly stemmed from Hurricane Ida and is likely to prove temporary.

    Initial jobless benefit claims rose 20,000 to 332,000 in the week ended Sept. 11, the government said Thursday. Economists polled by The Wall Street Journal had estimated new claims would total 318,000.

  • Dow industrials open higher after unexpected rise in U.S. retail sales Link
    MarketWatch Thu 16 Sep 2021 13:36
  • Retail sales surge in August despite spread of delta and signal economy is still strong Link
    MarketWatch Thu 16 Sep 2021 13:31

    The numbers: Sales at U.S. retail stores rose sharply in August in sign that Americans continued to spends gobs of money despite the spread of delta, though high inflation likely accounted for some of the increase.

    Retail sales increased 0.7% last month, the government said Thursday. Economists polled by The Wall Street Journal had forecast a 0.7% drop.

  • Goldman creates equity ETF targeting future tech leaders beyond U.S. megacaps Link
    MarketWatch Thu 16 Sep 2021 13:06

    Goldman Sachs Group has created an exchange-traded fund targeting the next generation of technology companies that will lead innovation, hunting globally for returns beyond the most popular names in Big Tech. 

    The actively managed Goldman Sachs Future Tech Leaders Equity ETF will invest in listed companies with a market value of less than $100 billion, steering away from U.S. megacap tech stocks, according to a statement from Goldman GS,

  • We compare the 2022 Audi e-tron to the Ford Mustang Mach-E Link
    MarketWatch Thu 16 Sep 2021 12:56

    Below average: Top trims are nearly $20,000 higher.

    Consensus: A brand new crossover EV, the 2022 Ford Mustang Mach-E offers loads of practicality and space, a maximum range of 300 miles, and the choice of rear- or all-wheel drive.

  • Fed's Philadelphia regional factory gauge surges in September Link
    MarketWatch Thu 16 Sep 2021 12:56

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  • U.S. weekly first-time jobless claims edge upward; continuing claims move lower Link
    MarketWatch Thu 16 Sep 2021 12:36

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  • U.S. retail sales increased more than forecast in August Link
    MarketWatch Thu 16 Sep 2021 12:36

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  • Oil rally stalls after hitting 7-week high Link
    MarketWatch Thu 16 Sep 2021 12:31
    , the global benchmark, declined 51 cents, or 0.7%, to $74.95 a barrel on ICE Futures Europe. Brent and WTI ended Wednesday at their highest since July 30, based on front-month contracts, according to Dow Jones Market Data.

  • Gold faces sharpest daily drop in over a week as dollar rises Link
    MarketWatch Thu 16 Sep 2021 12:21

    Gold futures headed for back-to-back losses on Thursday and potentially the sharpest decline in bullion in over a week as the U.S. dollar popped higher.

    Investors also note that prices for precious metals are expected to be choppy as investors await clarity from the U.S. Federal Reserve next week on its plans for tapering bond purchases that provided liquidity to markets during the worst of the pandemic back in the spring of 2020.

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