Subprime borrowers who financed used cars at record pandemic prices are acting more stressed than during the 2008 global financial crisis, according to Bramshill Investments.
Personal Finance Daily: Are Hollywood writing jobs the next frontier for gig work? Here’s what a striking writer says and some taxpayers can expect a check after TurboTax’s $141 million settlement for ‘deceptive marketing.’ Will you be one of them?
Friday’s top personal finance stories.
Mutual Funds Weekly: These money and investing tips can shift your portfolio into the passing lane
Money and investing stories popular with MarketWatch readers over the past week.
Market Extra: Recession fears fuel investors’ search for havens. Is bitcoin a good choice?
Investors are increasingly worried that a recession would begin in the U.S. later this year. In search of a “safe haven”, some investors have turned to bitcoin.
Financial Crime: SEC announces largest-ever whistleblower award of $279 million for tipster in enforcement cases
The agency didn’t divulge details of the cases or name the informant, but said the award was more than double the previous record.
The Margin: Kentucky Derby odds and betting favorites, prize money and how to watch the race
Here’s what time the Kentucky Derby runs, where it’s streaming and everything else you need to know
The Ratings Game: Zions, Western Alliance stocks soar after J.P. Morgan says buy, because they are ‘substantially mispriced’
J.P. Morgan turns bullish on Zions, Western Alliance and Comerica, as sentiment has gotten too negative despite little change in fundamentals.
: Foreign businesses in China fear they’re being targeted in a ‘campaign’ of government crackdowns. It’s probably not that simple.
Experts say U.S.-China tensions are indeed complicating corporate relations, but messier bureaucratic matters are just as important.
The Tell: U.S. regional banks poised for a ‘short-term bottom’ Friday, says Fundstrat’s Mark Newton
U.S. regional banks look ready to make a short-term bottom Friday as a sign of seller exhaustion emerges after four consecutive sessions of losses in bank shares.
Retirement Weekly: When will the Fed stop raising rates?
Retirees, be warned: Trying to predict the Fed’s behavior has minimal rewards and considerable risks
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