Netflix returns to growth mode
Greg Peters, Co-CEO of Netflix, speaks at a keynote on the future of entertainment at Mobile World Congress 2023. Joan Cros | Nurphoto | Getty Images Netflix is correcting the Great Netflix Correction. There once was a time, long ago in April 2022, when Netflix reported a loss of 200,000 subscribers. The company forecast it would […]
SpaceX, Blue Origin, Virgin Galactic call for FAA improvements
A SpaceX Falcon Heavy rocket with the Psyche spacecraft launches from NASA’s Kennedy Space Center in Cape Canaveral, Florida, on October 13, 2023. Chandan Khanna | AFP | Getty Images With the pace of rocket launches accelerating, and competition from China rising, executives from top U.S. space companies on Wednesday urged senators to improve the […]
I’m 92 and will probably live to be 100. I have about $250,000. Thoughts?
Dear MarketWatch, I have been a single woman for many years. I am now 92 years old with a home that’s paid off and no debt. I have a few health problems, but nothing major, and I truly enjoy my family and friends. My finances include $140,000 in cash and $109,000 in a conservative portfolio […]
Airport lounges are booming, and everyone wants in
Travelers are flocking to airport lounges in search of complimentary food, drinks and perhaps most importantly, a chance to relax away from the hordes of travelers at the gate. The problem: plenty of other travelers are too. Armed with high-end rewards credit cards and fresh from years of big spending, more and more travelers are […]
Opinion: Sell signs are popping up all over the stock market
The stock market, as measured by the S&P 500 Index SPX, is struggling to maintain some bullishness after bouncing off support at 4200 (and also bouncing off its 200-day Moving Average at the same time). There are certainly headwinds presented by yet another Mideast crisis, but the technical picture presents problems of its own. First […]
Housing market is painful, ugly, anxious with 8% high rate
Today’s housing market is a toxic mix of high mortgage rates, high prices, tight supply and strangely strong pent-up demand — and it’s scaring off buyers and sellers alike. Prices were already high, driven by supercharged demand during the height of the Covid-19 pandemic. Now the popular 30-year fixed mortgage rate is at 8%, the […]
Here’s how much money you need to buy a $400,000 home with 8% mortgage rates
U.S. home buyers face a tough real-estate market, with the 30-year mortgage near 8%. Exactly how tough is it to buy a house these days? MarketWatch worked with Redfin to find out how much a home buyer needs to earn to buy a median-priced house in September 2023 with the 30-year fixed-rate mortgage at 8%. […]
September home sales drop to lowest level since the foreclosure crisis
Sales of previously owned homes dropped 2% in September from August to a seasonally adjusted, annualized rate of 3.96 million units, according to the National Association of Realtors. Sales were 15.4% lower compared with September 2022. This is the slowest sales pace since October 2010, during the Great Recession, when the market was in the […]
Netflix stock surges after earnings report, jump in subscribers
A woman starts Netflix on a TV inside her apartment. Artur Widak | NurPhoto | Getty Images Netflix shares surged 16% Thursday following a promising quarterly earnings report. The streaming giant reported several victories, including a 70% jump in its new ad-supported subscription tier. As for overall subscribers, Netflix added 8.76 million subscribers for the […]
Opinion: The 4% rule for retirement spending is now the 4.7% rule
In some areas of life, working backwards or reverse engineering the answer you’re looking for can help. Retirement savings might be one of those areas. Here’s how to reverse engineer how much you’ll need to have for retirement and how much you’ll need to save to get there. Step one: Start from the end or […]
