Tech stocks are having their best January in decades — here’s why that may not be a good sign

Technology stocks are on quite a tear to start 2023, but that could actually be an ominous signal. The Nasdaq Composite Index COMP, +0.95% is up 11% so far this month, on track for its best January performance since it notched a 12.2% gain in 2001, according to Dow Jones Market Data. But that 2001 … Read more

Fed decision on Wednesday could let the bulls ‘party on’

CNBC’s Jim Cramer on Friday said that Wall Street’s recent gains could continue next week depending on the Federal Reserve’s actions. “A decision not to raise rates at all might show too much weakness. A quarter-point with a statement that they’ll remain vigilant will allow the bulls to party on,” he said. The central bank … Read more

Charts suggest investors should bet on ‘work horses’ in the Dow Jones Industrial Average, Jim Cramer says

CNBC’s Jim Cramer on Friday told investors to steer clear of stocks in the Nasdaq Composite and instead place their bets on names listed in the Dow Jones Industrial Average. “Even though tech has started the new year strong, and it was crazy good today, the charts, as interpreted by Larry Williams, say you need … Read more

Amazon Fresh to Charge Delivery Fees on Orders Under $150

Amazon Prime members who use Amazon Fresh, the company’s grocery delivery service, will soon be shelling out more for their standard shipments. The company is set to start charging delivery fees on all grocery orders under $150 on February 28, 2023, according to an email sent to Amazon Prime members and seen by Gizmodo. The … Read more

In Your Debt: How couples can team up on debt repayment

Between financially helping his parents and losing income as a result of the COVID-19 pandemic, Jeremy Mazza landed into serious credit card debt. Relief came from a source he wasn’t expecting: his partner, Ginna Lambert, who had come into a small inheritance. She suggested “investing” part of her bounty in their shared future by lending … Read more

Some auto insurers are refusing to cover some Hyundai and Kia models

CNN  —  Progressive and State Farm, two of America’s largest auto insurers, are refusing to write policies in certain cities for some older Hyundai and Kia models that have been deemed too easy to steal, according to the companies. Several reports say the companies have stopped offering insurance on these vehicles in cities that include … Read more

What will the Fed and Jerome Powell do next week? And my job is being eliminated and I will get a severance package. Is that considered income for IRS limits on Roth IRA contributions?

Hi, MarketWatchers. Don’t miss these top stories. ‘Timing couldn’t be worse’: Inflation might be slowing, but people say it’s getting harder to cover unexpected costs — and the next Fed meeting won’t help Fed watchers expect another 25 basis point rate increase next week. Read More What will the Fed and Jerome Powell do next … Read more

FTX’s Creditors Include Netflix, DoorDash, Airbnb

The FTX creditor list also named the Miami-based Basketball Properties LTD as a creditor. FTX bought the rights to the home of the Miami Heat’s home arena for $135 million in 2021. The Miami-Dade County government has since terminated that 19-year contract.Photo: Joe Raedle (Getty Images) The ongoing Chapter 11 bankruptcy of FTX is still … Read more

Fired Google worker Nicole Tsai’s ‘day in the life’ TikTok

A fired Google employee’s emotion-wracked “day in the life” video on TikTok went viral as it captured her heartbreak after she found out she was one of 12,000 workers laid off by the tech giant earlier this week. Nicole Tsai, a Southern California-based TikTok “vlogger,” breaks down in tears in the video as she narrates … Read more

‘This has bugged me all my life’: My estranged father gave me $1,000 a month to buy a house in California. My brother cried foul, and told me to stop. Who’s right?

This has bugged me all my life. My father left my family when I was 7. I’m not sure how much in child support he paid my mother. Soon after I graduated college, he visited me for the first time since he left the family. He told me that he wanted to send me money … Read more