Author: super@dmin
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The Wall Street Journal: Nikola founder Trevor Milton found guilty of securities fraud over misleading statements
A federal jury in New York convicted Nikola Corp. founder Trevor Milton of securities fraud for what prosecutors said were his repeated lies about the development of the company’s zero-emissions trucks and technology.
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TaxWatch: The IRS wants you to get your stimulus check and child tax credit cash if you haven’t claimed it — here’s what to look for
The Internal Revenue Service is mailing letters to households that could potentially get money from boosted child tax credit payments and the third stimulus check — if only they filed a tax return.
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Market Extra: ‘This is not QE or QT. This is none of those.’ Why the U.S. Treasury is exploring debt buybacks
The U.S. Treasury Department put an item on its agenda Friday to start talking with primary dealers about the potential for it to buy back some of its older debt to help keep markets functioning smoothly.
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: Federal Reserve studying new capital requirements for regional banks amid merger parade
Fed’s vice chair of supervision Michael Barr follows through on proposal to take a look at potential systemic risks of bulked-up regional banks
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: One chart reveals how sellers are adjusting to higher mortgage rates by slashing home prices
The chart, from Redfin, shows how higher mortgage rates and a pullback in buyer demand, has forced sellers to cut prices to entice bids.
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The Wall Street Journal: U.S., allies work to reach agreement on price level for Russian oil cap ahead of Dec. 5 deadline
The U.S. and its partners are rushing to hammer out an agreement on a level for a price cap on Russian oil in the next couple of weeks as they seek to contain global oil costs in the wake of a production cut by the Organization of the Petroleum Exporting Companies and its Russia-led allies.
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: Why Zelle moves twice as much money as Venmo and Cash App combined
Zelle may not have its own clothing line or suggest emojis when you pay your friend, but the peer-to-peer payment service is moving serious money, and that seems to be raising eyebrows these days.
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: What bank earnings tell us about how consumers are doing amid high inflation, recession worries — ‘It’s not a crack in current numbers’
Prices continue to soar as September inflation data came in higher than expected earlier this week
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Retirement Weekly: There’s no rush to buy I-bonds
Many are making a big deal of an opportunity in I-bonds between now and the end of October
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Market Extra: ‘Growing wealth gap and rising inflation … hurt the global economy at almost every turn,’ Jamie Dimon tells MarketWatch on its anniversary
What a difference 25 years makes. The world is a markedly changed place from the one into which MarketWatch was launched in October 1997.