The groundhog saw its shadow. Historically, that is bad news for stocks.

There was breaking news Thursday morning from Punxsutawney, Pa., where the groundhog called Punxsutawney Phil was reported to have seen his own shadow. That means, six more weeks of winter, according to folklore. And not just folklore. As MarketWatch has previously reported, a research paper found a correlation between the groundhog’s predictions — or, rather, … Read more

Want a rebate to upgrade home electric or swap to solar? There’s good news and bad news

It’s true, Inflation Reduction Act (IRA) rebates and tax incentives for home electrification kicked in Jan. 1 officially, but several program features won’t be available to homeowners until the end of the year or early 2024, according to the Department of Energy. There are a few key exceptions: select electric heat pumps, for one. Rooftop … Read more

AMD earnings face even more scrutiny after ‘astonishingly bad’ Intel outlook

Advanced Micro Devices Inc. gets to show Wall Street if it “certainly” ended 2022 in a better place, after the price of clearing inventory helped gut results from rival Intel Corp. AMD AMD, +0.32% is scheduled to report earnings after the close of markets on Tuesday. AMD Chief Executive Lisa Su said three months ago … Read more

Here’s more bad news if you’ve been laid off and you’re looking for work

As if losing your job wasn’t terrible enough… Mass layoffs across tech, social media and digital news outlets over the past few months have sent tens of thousands of Americans on the job hunt. But now the Federal Trade Commission is warning that scammers are fine-tuning their approaches to take advantage of people looking for … Read more

‘We don’t want to work for jerks’: The impact of bad bosses, toxic workplaces and gaslighting on your mental health and here’s how you can consolidate credit card debt can help you pay it off faster.

Hi, MarketWatchers. Don’t miss these top stories. Two-thirds of Americans expect the housing market to crash in the next 3 years, according to one survey Most adults said they feel that the housing market is headed off a cliff, but unemployment remains low and house prices are rising, albeit at a slower pace. Read More … Read more

‘We don’t want to work for jerks’: The impact of bad bosses, gaslighting and toxic workplaces on your mental health. (It’s like being in a dysfunctional marriage.)

Ian Adair is no stranger to bad bosses. “Have I ever had a bad boss? I think we all have. Of course I had. At the time, I knew the place wasn’t right for me because of how I felt after I went home. It’s when you have gone home and run the day through … Read more

Retirement may be bad for your brain. Is working longer the solution?

When we retire from our jobs we may be giving up more than staff meetings, desk lunches and a paycheck. The social interaction and mental challenges found through work can be good for our mental health. Working longer, making decisions and being surrounded by different people is good for your brain health, according to new … Read more

Bad omen? Americans ate out less over the holiday season.

What’s one of the first things people do when they get worried about the economy? They cook more at home and eat out less. That’s what happened toward the end of 2022. Sales at bars and restaurants fell in both November and December — the first back-to-back monthly declines in almost a year. Receipts at … Read more