A record number of U.S. renters spent more than 30% of their income on rent in 2021 and mortgage rates fall to lowest level since mid-September. Freddie Mac says 3 million more people now qualify for a home loan.

Hi, MarketWatchers. Don’t miss these top stories. Death and deceit in Malibu: How yogi couple befriended and stole millions from vulnerable rich doctor Anton David and Anna Moore are accused of pretending to be caretakers for Dr. Mark Sawusch while really having an eye on his $60 million fortune. Read More ‘We are not visible, … Read more

‘Crypto is not dead’: Industry insiders react to report that states 72% of institutional traders have no plans to trade crypto in 2023

JPMorgan Chase & Co. on Wednesday published a survey stating 72% of institutional traders, out of the 835 surveyed, “have no plans to trade crypto” in 2023. But some industry experts say that this doesn’t mean crypto is dead. The survey was conducted between Jan. 3 and Jan. 23, and included responses from 60 global … Read more

WHO counted nearly 20 million new COVID cases in latest month as it shifts from weekly reporting schedule

The World Health Organization said nearly 20 million new COVID cases were recorded in the 28 days through Jan. 29, down 78% from the previous 28 days. The WHO counted more than 114,000 deaths in the period, up 65% from the previous one. The agency is switching to a 28-day interval to smooth out weekly … Read more

Harley-Davidson’s stock on track for highest close in almost two years after earnings crush estimates

Harley-Davidson Inc.’s stock soared 9% Thursday, putting it on track for its highest close in almost two years, after the motorcycle company crushed earnings estimates for the fourth quarter. The move put the stock HOG, +9.73% on track for its highest close since it ended at $51.96 on May 17, 2021. The Milwaukee, Wisconsin-based company managed … Read more

Lilly’s ambitious diabetes drug Mounjaro fails to impress in the fourth quarter

Eli Lilly’s LLY, -5.55% new Type 2 diabetes treatment Mounjaro may be in high demand, but the drug had a wobbly fourth quarter, with sales coming in far below Wall Street’s expectations.  Mounjaro, a GIP (glucose-dependent insulinotropic polypeptide) and GLP-1 receptor agonist that received Food and Drug Administration approval in May, brought in $279.2 million … Read more

State of the Union: 5 key challenges for Biden as he delivers his speech

President Joe Biden will face no small task on Tuesday night, when he delivers his State of the Union speech after a little more than two years in office. Biden looks poised to tackle the debt-limit standoff, recession worries and acts of violence at home and abroad in his remarks. At the same time, American … Read more

What is cataract surgery and is it covered by Medicare?

If your eye doctor tells you have cataracts in one or both eyes, and he recommends surgery to remove them, don’t despair. When you cannot see as well as you could before, one reason can be that cataracts have developed in one or both eyes. Cataracts are the clouding of the natural lens in the eye. … Read more

Pence house in Indiana to be searched by FBI for additional classified material

WASHINGTON — The FBI is expected to search former Vice President Mike Pence’s Indiana home for classified material in the coming days, according to people familiar with the matter, as senior government officials come under increased law-enforcement scrutiny of their handling of such documents.

McConnell ousts Senate Republicans Rick Scott and Mike Lee from Commerce Committee. Both opposed McConnell’s continued leadership.

Rick Scott listens to a question at a January news conference at the U.S. Capitol. Anna Moneymaker/Getty Images Senate Minority Leader Mitch McConnell booted two Republican lawmakers from a powerful Senate committee on Wednesday after an unsuccessful attempt last year to oust him from his longtime leadership position.  Senate Republicans Rick Scott of Florida and Mike … Read more

Health-insurance stocks drop after Medicare Advantage proposes lower rates for 2024

A proposal for lower-than-expected Medicare Advantage rates in 2024 has sent shares of publicly traded health insurers falling. UnitedHealth Group Inc.’s UNH, -5.47% stock fell 1.2% in trading on Thursday, shares of Elevance Health Inc. ELV, -4.14% were down 3.3% and Molina Healthcare Inc.’s MOH, -1.88% stock tumbled 1.6%. Centene Corp.’s CNC, -2.91% stock was … Read more