October 2023

Biden’s latest fiduciary rule proposal has many critics — here’s why 

Biden’s latest fiduciary rule proposal has many critics — here’s why 

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The potential return of the fiduciary rule, which if passed would require more stringent regulations of financial advisers, received a mixed reception, with many in the financial services industry objecting to what it sees as “unnecessary” regulation.  The White House announced on Tuesday its latest proposal focused on retirement savings. The law, if passed, would …

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Zombie pub crawls? Hey, all you adult party monsters: Stop spoiling Halloween for the kids!

Zombie pub crawls? Hey, all you adult party monsters: Stop spoiling Halloween for the kids!

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Like a lot of kids, I loved everything about Halloween — so much so that I used to travel to a faraway friend’s Halloween-obsessed neighborhood so I could celebrate the holiday in the best way possible. I left with practically enough candy to last me until the following Oct. 31. So imagine my surprise, some …

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What's new on Amazon's Prime Video and Freevee in November 2023

What’s new on Amazon’s Prime Video and Freevee in November 2023

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Amazon’s Prime Video has more hyper-violent superheroes coming in November 2023, along with a pair of new reality shows and a ton of movies. After a layoff of more than two years, the very-adult animated series “Invincible” (Nov. 3) returns for its second season. Based on the graphic novels by Robert Kirkman, Cory Walker and …

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America’s No. 1 emerging real-estate market is in Kansas. ‘Life is easy over here.’ 

America’s No. 1 emerging real-estate market is in Kansas. ‘Life is easy over here.’ 

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Being born and raised in a big city, Prateek Ghatage, 35, didn’t expect himself to be buying his first home in a smaller city in the Midwest. The infectious-disease physician, who grew up in Mumbai, India (population: 12.5 million), had just finished a fellowship in Vermont and moved to work at a local hospital in …

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Datadog's stock shrugs off downgrade as some say Amazon AWS trends bode well

Datadog’s stock shrugs off downgrade as some say Amazon AWS trends bode well

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Datadog Inc. shares shrugged off a Wells Fargo downgrade Friday as Wall Street saw positive read-throughs for the observability company in Amazon.com Inc.’s latest cloud-computing results. Amazon AMZN, +6.83% late Thursday offered what many saw as upbeat forward-looking commentary on its AWS cloud-computing business, as management acknowledged that customers are still “optimizing” their spending, or …

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The stock market is looking for direction and there's a hopeful sign just ahead

The stock market is looking for direction and there’s a hopeful sign just ahead

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The stock market, as measured by the S&P 500 Index SPX, is testing its support level at 4200, which is also roughly the location of the 200-day Moving Average of SPX. At the beginning of October, SPX retreated to these same levels, and an oversold rally occurred. But that rally topped out at the declining …

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Israel-Hamas war sees investors shun most traditional havens, except for these two

Israel-Hamas war sees investors shun most traditional havens, except for these two

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The Israel-Hamas war makes investors nervous, but hasn’t sparked a headlong rush into many of the assets that traditionally see huge inflows during periods of geopolitical crisis. While dwarfed by the tragic human consequences of the conflict, the market reaction has left some analysts and investors struggling to explain why so far only a few …

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I’m 92 and will probably live to be 100. I have about $250,000. Thoughts?

I’m 92 and will probably live to be 100. I have about $250,000. Thoughts?

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Dear MarketWatch,  I have been a single woman for many years. I am now 92 years old with a home that’s paid off and no debt. I have a few health problems, but nothing major, and I truly enjoy my family and friends.   My finances include $140,000 in cash and $109,000 in a conservative portfolio …

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S&P 500 breaks below key level for first time since March as stocks erase summer gains

S&P 500 breaks below key level for first time since March as stocks erase summer gains

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The S&P 500 index capped off a busy week for U.S. markets on Friday by breaking below its 200-day moving average for the first time in more than six months. It also erased the last of its gains from a summer advance that peaked in late July. The index SPX fell 53.84 points, or 1.26%, …

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