Hector Sants: City workers aren’t immune from money troubles

Sir Hector Sants was chief executive of the Financial Services Authority and head of compliance at Barclays. He is currently chair of the Money and Pensions Service. Over the past decade, the financial services community has made huge strides in bringing conversations about mental wellbeing to the forefront. But there is still a way to go in … Read more

The wild, hair-raising ride of a 30-something investor who has battled NFT hackers and dodged the crypto crash: ‘My $25,000 ballooned to $63,000. I was like, “OMG, this is amazing.”’

Vinny Zane has a taste for life — and an appetite for risk. The 38-year-old teacher and father of a 2-year-old son on Brooklyn’s Coney Island got into crypto in 2017 with $4,000 worth of Bitcoin, and jumped into NFTs, or non-fungible tokens, last year.  “It was a learning curve for me,” he told MarketWatch. … Read more

How markets resemble a Marvel multiverse

Bilal Hafeez, a former research analyst at JPMorgan, Deutsche Bank, and Nomura, is the founder, CEO and head of research at Macro Hive Movie fans will know that the new phase of the Marvel Cinematic Universe recently kicked off with Doctor Strange in the Multiverse of Madness. In a sign of cinema goers returning, the film … Read more

Larry Summers was first to sound the alarm on inflation. More economists are applying his methods

Graham Allison is the Douglas Dillon professor of government at Harvard University Is the US economy headed for a hard landing? US Federal Reserve chair Jerome Powell says no. At the Federal Open Market Committee’s 4 May press conference, he insisted that the Fed will manage a “softish” landing. To the contrary, former Treasury Secretary … Read more

Opinion: With Sheryl Sandberg gone from Facebook, Wall Street should fear its future

When Sheryl Sandberg first joined Facebook in 2008, she was often referred to as the “adult in the room” that could help co-founder and Chief Executive Mark Zuckerberg, then just 24 years old, turn it into a company Wall Street could trust. Nearly a decade-and-a-half later, Sandberg announced her impending departure Wednesday after fulfilling that … Read more

Good news for home buyers? Fannie Mae chief economist says the U.S. housing market has finally turned a corner. Here’s why.

The inventory shortage, high prices and rising interest rates have finally bitten. Single-family home sales fell sharply by 16.6% in April to a seasonally adjusted annualized rate of 591,000, according to Census Bureau data released Tuesday. That was the slowest rate of sales since April 2020 during the earliest days of the COVID-19 pandemic, offering … Read more

Opinion: Elon Musk doesn’t want to buy Twitter anymore, but Twitter should make him pay for it

It’s becoming quite clear that Elon Musk no longer wants to buy Twitter Inc., at least not at the price he negotiated. But Twitter should not walk away without at least $1 billion — and potentially much more — for the trouble. Musk’s bid for Twitter TWTR, +2.49% has become one of the strangest M&A … Read more

This idiot-proof portfolio has beaten traditional stocks and bonds over 50 years

Do you have the right portfolio for your retirement savings? When it comes to long-term investing, the biggest issue — by far — is overall asset allocation: How much to stocks, sectors, assets and so on. Picking individual securities within those asset classes — individual stocks or bonds, for example — usually turns out to … Read more

Oil prices are surging — these eight stocks are still bargains for long-term investors

The combination of underinvestment in new oil wells and rising demand underscores what might be a long period of high prices for energy commodities. Meanwhile, many oil and gas stocks are still trading at low valuations to expected earnings despite a sector-wide rally stretching back to the end of 2020. Even though the energy sector … Read more