The Brutalist Report - marketwatch

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Vitaliy Katsenelson's Contrarian Edge: ‘It’s payback time.’ U.S. stocks have been a no-brainer moneymaker for years — but those days are over. [1316d]
: Biden’s plan to curb credit-card late fees could undercut Apple, Google app stores [1316d]
Outside the Box: Tech stocks have been minting money this year, but many investors fear getting burned if they buy the rally now [1316d]
Crypto: Former FTX CEO Sam Bankman-Fried is restricted from using encrypted messaging apps [1316d]
Market Extra: The Federal Reserve raises interest rates: here’s what that means for the market [1316d]
Living With Climate Change: Ron DeSantis pushes permanent ban on Florida sales tax on gas stoves [1317d]
: McCarthy says he’s optimistic about ‘common ground’ with Biden on debt limit [1317d]
Personal Finance Daily: As Fed raises rates by a quarter point, here’s where financial advisers are telling their clients to invest — and store — their money and colleges used pandemic-era relief funds to cancel nearly $1.5 billion in student debt [1317d]
: Costco same-store sales gain in January even as early Lunar New Year poses headwind [1317d]
: Meta stock spikes despite earnings miss, as Facebook hits 2 billion users for first time and sales guidance quells fears [1317d]
Earnings Results: Elf Beauty stock rallies 12% on ‘terrific’ quarter [1317d]
The Wall Street Journal: Rivian to lay off 6% of workforce in EV maker’s second round of job cuts [1317d]
: ChatGPT to charge $20 a month for premium subscriptions, as chatbot grows faster than TikTok [1317d]
The Margin: ‘The Last of Us’ in real life? Rising temperatures may be spreading fungal infections, research says [1317d]
Crypto: Bitcoin jumps 3% after Powell says ‘disinflation’ underway [1317d]
The Ratings Game: Electronic Arts stock on track for worst decline of pandemic as ‘rare’ disappointment resets expectations [1317d]
: Intel cuts pay, bonuses and other benefits while maintaining dividend [1317d]
: Move over, Punxsutawney: The movie ‘Groundhog Day’ turned this Illinois town into a tourist hot spot [1317d]
The Fed: Fed inches interest rates up another quarter percentage point [1317d]
Front Office Sports: Ticket prices are surging as LeBron James closes in on Abdul-Jabbar record [1317d]
: Amazon gets 3 more warehouse-safety citations as OSHA warns company to ‘take these injuries seriously’ [1317d]
The Wall Street Journal: Adani Enterprises scraps $2.5 billion stock offering amid scrutiny from short seller [1317d]
Cannabis Watch: There’s a new ‘luxury’ cannabis company run by former car execs — and they’re using jet engine tech in production [1317d]
Retire Better: What the end of the government’s COVID emergency could cost you [1317d]
: These are the top 5 markets where builders are constructing the most single-family homes [1317d]
Realtor.com: DC Townhouse Linked to Fallen FTX Founder Sam Bankman-Fried Is Listed for $3.3M [1317d]
Mark Hulbert: What the ‘January Trifecta’ in the stock market is really telling us [1317d]
: Samsung holds prices on Galaxy smartphones amid inflation, slumping market [1317d]
: Match Group is laying off 8% of its workforce [1317d]
The Margin: No, Hellmann’s mayonnaise isn’t being discontinued everywhere [1317d]
The Tell: ‘Won’t get fooled again’?: Nasdaq jumped over 10% in January. Here’s what history shows happens next to the tech-heavy index [1317d]
Coronavirus Update: WHO’s draft pandemic treaty provides ‘glimmer of hope’ after trauma of COVID-19, policy expert says [1317d]
Washington Watch: Amazon, Apple, Microsoft set records with their spending on Washington lobbying [1317d]
: Meta wins bid to buy VR startup Within Unlimited, beating U.S. FTC in court: report [1317d]
: FedEx to cut executive team by more than 10% [1317d]
Market Extra: Trading desks ‘flying blind’ after derivatives platform hit by ransomware attack [1317d]
Brett Arends's ROI: Tom Brady gets emotional as he retires—again [1317d]
Market Extra: Why Fed vs. markets showdown leaves Powell at disadvantage [1317d]
Financial Crime: Florida blimp company owner sentenced to 5 1/2 years for stealing $8 million in COVID aid [1317d]
: Credit-card balances surge — as inflation and interest rates create ‘hardships’ for cash-strapped Americans, TransUnion says [1317d]
Key Words: Cathie Wood says inflation is unwinding and will surprise on the low side of expectations [1317d]
Economic Report: U.S. construction spending falls in December [1317d]
Economic Report: ‘It seems everyone is bracing for a recession’ — U.S. factories contract for third month in a row, ISM finds [1317d]
Economic Report: U.S job openings climb to 11 million at end of 2022. Labor market too strong for Fed [1317d]
: Feds move to crack down on ‘excessive’ credit-card late fees [1317d]
The Big Move: I’m 66 and have $47,000 left in my 30-year mortgage. I’ll be 90 when it’s paid off. Should I refinance to a 15-year fixed? [1317d]
What's Worth Streaming: Here’s what’s worth streaming in February 2023, from ‘Dear Edward’ to ‘Wakanda Forever’ and ‘You’ [1317d]
: Splunk to lay off 4% of its staff in latest sign of software cutbacks [1317d]
: Starbucks’ coffee contains less caffeine than rivals, says U.K. research [1317d]
Metals Stocks: Gold futures flat as traders await Fed decision [1317d]
: Tesla’s Justice Department subpoena is latest probe into its self-driving cars [1317d]
Economic Report: U.S. Treasury to auction $96 billion of notes, bonds next week in refunding, unchanged from last quarter [1317d]
Economic Report: U.S. private-sector job growth slows markedly in January, ADP says [1317d]
Key Words: Brace for ‘tinderbox-timebomb’ market crash worse than 1929, Universa hedge fund manager says [1317d]
Earnings Results: Home buying demand picked up as new houses have become more affordable, PulteGroup says [1317d]
Earnings Results: Peloton CEO says ‘epic comeback’ is underway as losses shrink, revenue beats [1317d]
What's Worth Streaming: Here’s everything coming to Hulu in February 2023 — and what’s leaving [1317d]
Futures Movers: Oil edges higher ahead of OPEC+ committee meeting, Fed decision [1317d]
Bond Report: Treasury yields slip ahead of Fed decision [1317d]
Economic Report: Mortgage demand falls 9% despite rates falling for fourth week in a row [1317d]
Need to Know: Michael Burry says sell and Jim Cramer says buy. As the Fed meets, here’s how they both could be wrong on stocks. [1317d]