The Brutalist Report

MarketWatch

• : SVB Financial stock tumbles 22% after hours on reports of funds advising clients to pull money from bank [1158d]
• Market Extra: A soft February jobs report could set up the next rally for stocks, but can it really save them from Fed hawks? [1158d]
• : White House budget assumes student-debt forgiveness will move forward [1158d]
• Lawrence G. McMillan: The stock market is telling you loud and clear: Now is not the time to fight the Fed or stand up to the bears. [1158d]
• : Norfolk Southern will do ‘everything it takes’ for East Palestine, CEO tells senators [1158d]
• Earnings Results: Gap shakes up executive ranks and plans to cut management layers amid expectations for falling sales [1158d]
• Brett Arends's ROI: Tax hike to save Medicare is Biden’s and the Democrats’ best hope for 2024 [1158d]
• : Bank carnage drags stocks lower as SVB Financial shares plunge [1158d]
• The Margin: Oscars 2023: What time does it start? Where can you watch it? [1158d]
• Earnings Results: Price hikes help Ulta Beauty’s results, but stock falls after floating near record high [1158d]
• Earnings Results: Oracle stock drops more than 5% after slight revenue miss [1158d]
• Crypto: Bitcoin falls towards $20,000 as Silvergate Bank heads to liquidation [1158d]
• Financial Crime: Ringleader of $325 million antigovernment tax- and debt-relief scam sentenced to 8⅓ years [1158d]
• Distributed Ledger: Bitcoin tumbles, as Silvergate Bank’s collapse highlights the biggest threat to U.S. crypto industry [1158d]
• TaxWatch: ‘This budget sends a clear message’: Biden’s budget tax hikes give insight into his 2024 campaign pledges [1158d]
• : Australia to buy up to 5 U.S. nuclear-powered submarines [1158d]
• : Job cuts at Salesforce in 2023 would be first yearly workforce reduction in its 19-year history as a public company [1158d]
• : Sick of paying all kinds of fees on top of rent? The Biden administration is urging the housing industry to limit or disclose extra costs. [1158d]
• Deep Dive: 10 banks that may face trouble in the wake of the SVB Financial Group debacle [1158d]
• Crypto: Sam Bankman-Fried’s lawyers say their need to gather evidence may delay FTX founder’s October trial [1158d]
• : Signature Bank says its financial position is ‘strong’ but stock falls anyway [1158d]
• The Ratings Game: MongoDB stock drops as Street hopes ‘derisked’ forecast allows better focus on sales strategy [1158d]
• The Fed: Want to know the precise number of jobs that would push the Fed to hike by 50 basis points? There isn’t one. [1158d]
• : Mortgage rates rise for fifth week in a row as economy remains strong [1158d]
• Retirement Hacks: Hit with that extra premium for Medicare? Here’s when you can drop it. [1158d]
• The Margin: TikTok trend: University issues warning about ‘borg’ drinking as ambulance calls mount [1158d]
• Commodities Corner: Platinum is on track for a supply deficit for the first time in 3 years. Here’s why. [1158d]
• : SVB Financial’s stock suffers biggest drop in 25 years after large losses on securities sales, equity offering [1158d]
• Washington Watch: Biden targets crypto, real estate and oil industries, as he unveils his budget [1158d]
• : SNAP participants from all 53 states and territories will finally be able to receive refunds for stolen benefits [1158d]
• : Retailers are clearing out their stock, but a lot of products will likely still be cheaper [1158d]
• : As money-market funds rake in cash, analysts see debt-ceiling risks [1158d]
• The MarketWatch Q&A: Director Steven Soderbergh keeps his Oscar in a Crown Royal bag in a closet [1158d]
• : ‘Americans are angry’: Consumer complaints about credit-reporting issues rose by 96% in one year [1158d]
• TaxWatch: Biden’s tax hikes for the rich are unlikely to get passed by Congress. But another date looms: Trump-era tax cuts for the wealthy end in 2025 [1158d]
• The Fed: Fed’s Barr : Recent move to safeguard banks from crypto doesn’t mean the central bank is against innovation [1158d]
• Economic Report: Jobless claims jump to 211,000 and hit highest level since Christmas. Blame New York [1158d]
• : Biden’s budget proposes cutting the deficit by almost $3 trillion over 10 years [1158d]
• Metals Stocks: Gold prices inch higher as investors await jobs report [1158d]
• : Norfolk Southern committed to ‘making this right’ for East Palestine after Ohio derailment, CEO to tell senators [1158d]
• Dow Jones Newswires: BMW says it will propose a higher dividend for 2022 after meeting financial targets for the year [1158d]
• Movers & Shakers: Silvergate Capital shares tumble amid crypto fallout and Asana stock surges on upbeat guidance [1158d]
• Cannabis Watch: Trulieve warns of revenue dip, but sees potential 2024 adult use pot ballot in Florida [1158d]
• : Bad news for home buyers: Housing inventory remains low in America’s cities and towns. [1158d]
• Need to Know: This fund has increased its dividend for 56 straight years. Now it’s snapping up GE. [1158d]
• Earnings Results: BJ’s Wholesale Club’s stock gains after better-than-expected fourth-quarter earnings [1158d]
• Futures Movers: Oil steadies after Fed rate worries spark back-to-back losses [1158d]
• Mark Hulbert: Why daylight saving time and your NCAA ‘March Madness’ bracket threaten your investments [1158d]
• In One Chart: Mortgage rates have skyrocketed. This chart shows the Fed’s measure of financial conditions isn’t capturing household pain. [1159d]
• Bond Report: Benchmark Treasury yields hold near highs, a day ahead of key jobs data [1159d]
• Real Retirement: These 3 things will bring you happiness in retirement — and life [1159d]
• : If you’re close to retirement and have a Health Savings Account, don’t make this expensive mistake [1159d]
• Market Snapshot: U.S. stock futures dip as attention turns to Friday’s jobs report [1159d]
• : This is how much money Americans lose as unpaid family caregivers [1159d]
• NerdWallet: Most Americans want to retire just 10 years early. Here are 5 steps to making that happen. [1159d]
• : City of London exodus: Top lawyer to lead U.K. review into paucity of research [1159d]
• Autotrader: This is how sublime luxury gets in the all-electric Lucid Air [1159d]
• Next Avenue: 8 key strategies that business leaders say your company needs to succeed in this economy [1159d]
• Dow Jones Newswires: Hannover Re raises dividend after life business delivers profit growth in 2022 [1159d]
• Dow Jones Newswires: Hugo Boss sees 2023 sales growth in mid single digits [1159d]
• Dow Jones Newswires: Credit Suisse to delay publication of 2022 annual report on SEC comments [1159d]
• Dow Jones Newswires: JCDecaux swings to 2022 profit, but won’t propose a dividend to pursue investment opportunities [1159d]
• Dow Jones Newswires: China’s consumer inflation eases in February [1159d]
• Your Digital Self: ‘Upload your mind’ or alter genetics: Powerful billionaires are pouring money into life-extending technology — and they just might succeed. [1159d]
• : California drops $54 million contract with Walgreens over abortion-pill access [1159d]
• Key Words: Adidas has piles of Kanye West’s Yeezy shoes and no idea what to do with them — ‘If you can’t sell and you can’t destroy, what’s your option?’ [1159d]