Internal Revenue Service audit numbers dropped again in 2020, continuing a downward trend that’s been occurring for years — yet audit numbers for the rich appeared to be on the upswing. The IRS wrapped up 509,917 audits last fiscal year, recommending that people on the business end of the...
Dear MarketWatch, I would like to find a liberal-thinking area to retire on $3,000 a month, rent included. Hiking, biking and gardening are priorities.  Thanks, Ken Dear Ken, You seem wide open to where in the country you could retire, which makes finding an affordable and interesting spot...
What’s the best way to cap an important week featuring a closely watched update from the Federal Reserve? Quadruple witching. Quadruple witching, occurs on the third Friday of the month of every quarter, in March, June, September, and December, and refers to the simultaneous expiration of single-stock options,...
As more investors — especially younger, high-income professionals — want to hold stocks that they deem socially responsible, they want a customized portfolio that meets their specifications. Through direct indexing, financial advisers can create a basket of individual stocks designed to hew closely to an established index such as...
A major blow in Sunday night’s fight featuring YouTube creator Logan Paul and boxer Floyd Mayweather Jr. landed before a single punch was thrown. Showtime’s pay-per-view service was down for some TV and streaming customers after 8 p.m. ET Sunday before an undercard fight between fighters Badou Jack and...
Crypto bull Elon Musk on Thursday evening issued a cryptic tweet that many in the world of digital assets were interpreting as the billionaire’s breakup with bitcoin. iframe.twitter-tweet { width: 100% !important; } About an hour later, he followed that with...
On the journey to retirement, should you focus on setting a retirement spending budget or on making sure you have adequate retirement income? I think the answer is obvious: There’s no point deciding on a budget until you know how much money you’ll have available to spend. And yet...
At least 22 states are effectively running an experiment to find out whether or not scaling down unemployment benefits incentivizes more recipients to find new jobs. These 22 Republican governors share one hypothesis: Enhanced unemployment benefits — the extra $300 a week for jobless Americans — are overly generous...
WASHINGTON — The FBI is investigating whether a U.S. defense contractor unlawfully directed money to support Sen. Susan Collins, according to a search warrant recently unsealed in federal court. The Federal Bureau of Investigation has searched electronic devices belonging to defense executive Martin Kao seeking evidence that he orchestrated...
Amazon.com Inc. is in discussions to buy MGM Holdings Inc, the studio behind the James Bond franchise, according to a report Monday by The Information. A deal could cost Amazon AMZN, +1.47% between $7 billion and $10 billion, The Information reported, citing a person familiar with the situation, noting...