The Brutalist Report

MarketWatch

• MarketWatch First Take: Instead of banning TikTok, Congress should do their actual job [1144d]
• : Walt Disney World workers to get $18 minimum wage under tentative deal [1144d]
• Key Words: Coinbase CEO takes to Twitter to highlight work with SEC before regulatory warning [1144d]
• Market Extra: The stock market hit a pandemic bottom 3 years ago. Here’s how it has performed since then. [1144d]
• ETF Wrap: Got gold? Biggest gold ETF attracts investors as the ‘safe haven’ yellow metal shines [1144d]
• The Fed: Emergency bank borrowing from Fed dips to $164 billion in wake of SVB failure [1144d]
• Lawrence G. McMillan: ‘Every time the bulls think they can celebrate, the Fed or the Treasury throws cold water on the party.’ [1144d]
• : Why today’s House hearing on TikTok was different than previous tech beatdowns [1144d]
• The Ratings Game: The tech hardware industry is full of red flags, and this analyst sees only one exception [1144d]
• : Yellen says U.S. would take ‘additional actions’ to stabilize bank system if necessary [1144d]
• : Signature Bank provided critical services to law firms. Now they’re weighing their next move. [1144d]
• Personal Finance Daily: Signing up for a subscription might be easy — but canceling one can be a nightmare. The FTC wants to change that and more Americans are using ‘buy now, pay later’ services to pay for groceries [1144d]
• Key Words: Walmart responds to report of layoffs at fulfillment centers [1144d]
• The Tell: The Fed has it wrong: Corporate greed is to blame for inflation, not rising wages, SocGen analyst says [1144d]
• Market Extra: Regional banks get the attention, but worries are more widespread, says ex-FDIC chief Bair [1144d]
• The Margin: Which eye drops have been recalled in 2023? Here’s a running list. [1144d]
• Financial Crime: Ex-Morgan Stanley advisor and three others charged with fleecing NBA players out of $13 million [1144d]
• Movers & Shakers: Coinbase’s stock tumbles after SEC warning, Regeneron shares rally, and other stocks on the move [1144d]
• In One Chart: Moody’s sees risk that U.S. banking ‘turmoil’ can’t be contained [1144d]
• Deep Dive: This Gabelli financial-fund manager has bucked this year’s brutal banking trend. Here are 3 stocks he likes now. [1144d]
• Commodities Corner: Why retail diesel prices may soon fall below $4 a gallon [1144d]
• Crypto: SEC cautions against investing in crypto asset securities as they may not comply with law [1144d]
• : Signing up for a subscription might be easy — but canceling one can be a nightmare. The FTC wants to change that. [1144d]
• : Does hair reflect freedom? From Gen Z to boomers, more women find less restrictions for hair color [1144d]
• : Tempted to get a new credit card? It might get more difficult. Powell warns of ‘tighter credit conditions for households and businesses’ [1144d]
• : TikTok CEO criticized by Democrats and Republicans at hearing, as bill that could ban app picks up more supporters [1144d]
• Brett Arends's ROI: Interest rates at banks are an insult [1144d]
• : Community bankers cheer ‘courageous’ moves to backstop deposits but stay mum on lifting insurance caps [1144d]
• The Fed: Lost in the hoopla, the Fed sees a recession this year [1144d]
• The Tell: Bill Ackman warns of acceleration in deposit outflows from banks despite Fed’s assurances [1144d]
• : Trump grand jury ruling postponed another day —what does it mean? [1144d]
• : More Americans are using ‘buy now, pay later’ services to pay for groceries [1144d]
• : Silicon Valley Bank was ‘a soft place to land’ for founders who were women and people of color. Now they don’t know where to turn. [1144d]
• Earnings Results: Accenture to lay off 19,000 employees, while stock jumps after earnings beat [1144d]
• Economic Report: U.S. new home sales rise for the fifth consecutive month [1144d]
• Crypto: Former crypto CEO Do Kwon reported arrested in Montenegro says country’s Minister of Interior [1144d]
• : Citi CEO Jane Fraser sees no banking crisis afoot [1144d]
• : ‘We were in an extremely fragile state.’ Swiss National Bank President says Credit Suisse takeover averted a bigger financial crisis. [1144d]
• The Moneyist: ‘It feels like a lose-lose’: I have a $10 million net worth. My father-in-law has dementia. Am I responsible for my in-laws if they run out of money? [1144d]
• : ‘Refounded’ Ford announces changes in financial reporting and reiterates margin targets [1144d]
• : Bank of England warned the Fed about risks to Silicon Valley Bank’s U.K. operations before collapse [1144d]
• The Ratings Game: Coinbase stock gets crunched as SEC notice deemed an ‘ominous sign’ [1144d]
• : Social Security is facing big trouble. You can try to fix it from your couch. [1144d]
• : Rick Scott and Elizabeth Warren team up to call for independent inspector for Fed, citing ‘gross mismanagement’ [1144d]
• Brett Arends's ROI: One Social Security fix that should be on the table [1144d]
• : ‘Contracts are made to be honored.’ Billionaire investor David Tepper lashes out against Credit Suisse bond writedown [1144d]
• Economic Report: Jobless claims dip to 3-week low of 191,000 — labor market still very strong [1144d]
• Metals Stocks: Gold climbs as Fed signals only one more rate hike to come [1144d]
• : Bank of England hikes interest rates by quarter-point in 11th consecutive increase [1144d]
• The Ratings Game: Hovde initiates coverage of Western Alliance at bargain price level [1144d]
• Futures Movers: Oil futures lower after Fed rate hike [1144d]
• Outside the Box: Shotgun bank weddings like UBS and Credit Suisse are supposed to protect the financial system, but these rescues come with unseen risks [1144d]
• Mark Hulbert: GameStop stock is playing by a set of rules you’ll find in a casino more than an investment portfolio [1144d]
• : First Republic won’t pay bonuses to executive officers this year [1144d]
• Need to Know: The Fed pivot is near, and yield curve inversion has likely peaked. That’s usually bad news for stocks, this Fidelity strategist says. [1144d]
• Bond Report: Treasury yields move higher as Powell and markets disagree on rate cut timeline [1144d]
• : How to invest your IRA contribution: 3 strategies to fit your mind-set in a turbulent market [1144d]
• Outside the Box: Is that rental house for real? How to spot a scam when booking a vacation. [1144d]
• Dow Jones Newswires: Tencent shares rally after fourth-quarter earnings growth [1144d]
• Dow Jones Newswires: Norway Central Bank raises key rate to 3.0% and lifts rate path [1144d]
• : Hindenburg, the firm that pressured Adani, says it will publish new report [1144d]
• Livability: Columbus, Ohio, emerges as an unexpected hub of fashion [1144d]
• NerdWallet: Is crowdfunded money taxed? Sometimes. Here’s when you’ll owe the IRS on a fundraiser. [1144d]
• Next Avenue: Did you think a will, a trust and power of attorney were enough? Add this one more thing to your estate plan. [1144d]
• Market Snapshot: U.S. stock futures bounce as traders reassess fallout from Fed and Yellen comments [1144d]
• The Human Cost: Will high property prices lead to a generation of renters? Landlords benefit, while millions of Americans find themselves trapped. [1144d]
• Dow Jones Newswires: China Evergrande reaches debt-restructuring deal with bondholders [1145d]
• The Fed: ‘Very unclear’: Powell’s press conference provided more questions than answers. Here are 4 big ones economists still have. [1145d]