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Latest News All Times Eastern
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 * 8:18a Estée Lauder stock soars toward best day in 13 years after earnings,
   job cuts
 * 8:13a Biden bifurcation in swing-state Michigan: backing from UAW but
   alienation among Detroit-area Arab Americans
 * 8:12a Frosty relations between Washington and Beijing have had a chilling
   effect on U.S. businesses in China
 * 8:05a McDonald’s misses revenue target as it cites impact from Middle East
   war
 * 7:59a Barron's McDonald’s Posts Sales Miss as It Feels Impact of War in the
   Middle East
 * 7:57a Some Tesla board members reportedly felt pressured to use drugs with
   Elon Musk
 * 7:41a Tyson Foods stock soars 3.8% after Hillshire Farm parent beats profit
   estimates for its latest quarter
 * 7:32a Barron's Boeing Stock Is Falling. The 737 MAX Has a New Problem.
 * 7:32a Barron's Boeing, Catalent, Meta, Nvidia, Palantir, Caterpillar, Estee
   Lauder, and More Stock Market Movers
 * 7:32a Caterpillar’s stock surges toward a record after another big profit
   beat
 * 


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 * Market Snapshot
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 * EV stocks
 * Super Bowl
 * The Moneyist


‘MAGNIFICENT SEVEN’ FATE DEPENDS ON ABILITY TO DELIVER RAPID REVENUE GROWTH IN
2024, SAYS GOLDMAN SACHS




‘MAGNIFICENT SEVEN’ FATE DEPENDS ON ABILITY TO DELIVER RAPID REVENUE GROWTH IN
2024, SAYS GOLDMAN SACHS

 * AI hype around ‘Magnificent 7’ stocks is latest example of ‘big market
   delusion’
 * Zuckerberg climbs to No. 4 on the billionaire list, thanks to Meta’s surge
 * Mark Zuckerberg could pay millions to the IRS on Meta dividends. He still
   might be getting ‘a major break.’


EARNINGS MCDONALD’S MISSES REVENUE TARGET AS IT CITES IMPACT FROM MIDDLE EAST
WAR

 * Tyson Foods stock soars 3.8% after Hillshire Farm parent beats profit
   estimates for its latest quarter
 * Caterpillar’s stock surges toward a record after another big profit beat
 * Estée Lauder’s stock soars as profit beats expectations by a wide margin, and
   as the business has reached ‘an inflection point’
 * Fourth-quarter earnings are almost halfway done. Results overall have gotten
   better.


S&P 500 FUTURES SLIP AFTER INDEX REACHED SEVENTH RECORD CLOSE OF THE YEAR


BOEING WARNS OF MORE DELAYS AFTER NEWLY FLAGGED ISSUES ON 737 FUSELAGES. SHARES
FALL.


TAYLOR SWIFT SETS GRAMMY RECORD, ANNOUNCES NEW ALBUM. KILLER MIKE IS DETAINED BY
POLICE.


SOME TESLA BOARD MEMBERS REPORTEDLY FELT PRESSURED TO USE DRUGS WITH ELON MUSK


POWELL TELLS ’60 MINUTES’ THE ECONOMY’S STRENGTH ALLOWS FED TO BE CAREFUL ABOUT
RATE CUTS

 * When mortgage rates will cross the ‘key threshold’ that unfreezes the housing
   market, according to five economists
 * Stock-market investors fear ‘no-landing’ economy could spell trouble. What’s
   next.


OPINION: MAX IS BACK ON TOP: HERE’S WHAT’S WORTH STREAMING IN FEBRUARY 2024

 * ‘On Watch’ podcast: Why streaming is changing, and what you can do about it
 * Hulu starts cracking down on password sharing
 * Paramount Global faces a buyout offer as its value keeps falling


NOVO NORDISK, STRUGGLING TO MEET WEIGHT-LOSS DRUG DEMAND, TO BUY FACILITIES IN
THREE-WAY DEAL

 * It’s shaping up to be a great quarter for Europe’s biggest companies — no
   thanks to Europe.
 * Santander, Lloyds shares fall on report Iran used banks to evade sanctions


WHAT IS A ‘STAY INTERVIEW’? WHY YOU SHOULD ASK FOR ONE IF YOU PLAN TO KEEP YOUR
JOB.

 * How those strong jobs figures could weaken Biden’s re-election prospects
 * ‘Anxiety-inducing’ layoffs are scaring many U.S. workers. How worried should
   they be?


TRUMP THREATENS TARIFFS EXCEEDING 60% AGAINST CHINESE GOODS

 * Nikki Haley jabs Trump on ‘SNL’ appearance, pokes fun at her Civil War gaffe
 * Biden warns of an ugly future for the country if Trump should win again, and
   lists reasons why


MEDICARE DRUG-PRICE NEGOTIATIONS ARE ON: SENIORS COULD SOON GET A BIG BREAK ON
DRUG PRICES

 * ‘It actually happened to me’: Medical debt cancellation by local governments
   is real
 * How savvy snowbirds can find quality healthcare in the South


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MCDONALD’S MISSES REVENUE TARGET AS IT CITES IMPACT FROM MIDDLE EAST WAR


SOME TESLA BOARD MEMBERS REPORTEDLY FELT PRESSURED TO USE DRUGS WITH ELON MUSK


CATERPILLAR’S STOCK SURGES TOWARD A RECORD AFTER ANOTHER BIG PROFIT BEAT


YOUR 50S ARE NOT THE TIME TO SLOW DOWN ON RETIREMENT PLANNING


I’M 60 AND PLAN TO RETIRE IN 2026. I’LL HAVE 2 PENSIONS AND SOCIAL SECURITY
WORTH $113,000 PER YEAR. BUT I’M CURRENTLY EARNING $200,000 AND WANT TO BRIDGE
THAT GAP. WHO CAN HELP? 


DOW FUTURES SLIP AFTER INDEX REACHED NINTH RECORD CLOSE OF THE YEAR


NOVO NORDISK, STRUGGLING TO MEET WEIGHT-LOSS DRUG DEMAND, TO BUY FACILITIES IN
THREE-WAY DEAL


TRUMP WARNS ‘THERE’LL PROBABLY BE SOME CHANGES MADE’ TO RNC LEADERSHIP


HOW PSYCHEDELICS COULD STAGE A COMEBACK ON WALL STREET


I INHERITED $246,000 FROM MY MOTHER AND USED $142,000 TO PAY OFF OUR MORTGAGE.
IF WE DIVORCE, CAN I GET IT BACK?


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HOW TO (LEGALLY) AVOID TAXES WHEN SELLING A HOUSE




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The Moneyist


MY WIFE AND I SOLD OUR HOME TO HER SON AT A $100,000 DISCOUNT. HE’S NOW SELLING
AT A $250,000 PROFIT. DO I ASK FOR A CUT?


‘IF I SAY THE SKY IS BLUE, SHE’LL TELL ME IT’S GREEN’: MY DAUGHTER, 19, WILL
INHERIT $800,000. HOW CAN SHE INVEST IN HER FUTURE?


MY MOTHER’S WILL LEAVES HER HOUSE TO HER TWO KIDS AND TWO NIECES, BUT SHE SOLD
HER HOME. COULD THESE NIECES COME AFTER US FOR THE MONEY?


MY EMPLOYER HIRES EXCLUSIVELY WHITE MANAGERS AND PROMOTES PEOPLE OF
‘QUESTIONABLE EXPERTISE.’ IS THIS A GOOD OR BAD TIME TO JUMP SHIP?

See More

Investing


ESTÉE LAUDER STOCK SOARS TOWARD BEST DAY IN 13 YEARS AFTER EARNINGS, JOB CUTS


FROSTY RELATIONS BETWEEN WASHINGTON AND BEIJING HAVE HAD A CHILLING EFFECT ON
U.S. BUSINESSES IN CHINA


CATERPILLAR’S STOCK SURGES TOWARD A RECORD AFTER ANOTHER BIG PROFIT BEAT


ELANCO’S STOCK HEADS FOR 18-MONTH HIGH AS COMPANY SELLS AQUA BUSINESS TO MERCK
FOR $1.3 BILLION IN CASH

See More

The Fed


FED’S GOOLSBEE SAYS JANUARY JOBS REPORT WAS ‘ALMOST BREATHTAKING’ ON SURFACE,
BUT DETAILS ‘NOT AS STRONG’


FED IS ‘NOT YET AT THAT POINT’ OF LOWERING INTEREST RATES, BOWMAN SAYS


POWELL SAYS A MARCH RATE CUT IS NOT LIKELY. BUT DON’T OVERLOOK HIS OTHER
COMMENTS.


FED DECISION: POWELL WILL KEEP DOOR OPEN FOR FIRST INTEREST RATE CUT IN MARCH

See More
Election 2024


HOUSE REPUBLICANS STAGE PARTY-LINE COMMITTEE VOTE ON MAYORKAS IMPEACHMENT AS
BORDER BECOMES CENTRAL 2024 CAMPAIGN ISSUE


HOUSE REPUBLICANS HEADED FOR VOTE ON IMPEACHMENT OF BIDEN HOMELAND-SECURITY
SECRETARY


ILLINOIS ELECTION BOARD TURNS BACK EFFORT TO BAR TRUMP FROM BALLOT OVER JAN. 6
INSURRECTION


BIPARTISAN DEAL ON BORDER AND UKRAINE AT RISK OF COLLAPSE AS TRUMP PRESSES
SENATE REPUBLICANS TO WALK AWAY

See More
Real Estate


FALLING MORTGAGE RATES BOOST HOME BUYERS’ PURCHASING POWER BY ALMOST $40,000 —
BUT ALSO BRING BACK BIDDING WARS


‘THIS IS AWFUL’: MY HUSBAND AND I ARE SELLING OUR FIRST HOME TO PURCHASE
ANOTHER, AND THE BUYER BACKED OUT. WHAT CAN WE DO?


WHEN MORTGAGE RATES WILL CROSS THE ‘KEY THRESHOLD’ THAT UNFREEZES THE HOUSING
MARKET, ACCORDING TO FIVE ECONOMISTS


MORTGAGE RATES DIP AFTER FED MEETING. FREDDIE MAC EXPECTS RATES TO DECLINE MORE.

See More
The Big Move


WE’RE IN OUR 60S AND HAVE $300,000 ON OUR MORTGAGE. SHOULD WE USE OUR CDS TO PAY
OFF THE LOAN?


‘I’M GETTING COLD FEET’: I’M SINGLE AND MAKE $120,000 A YEAR. CAN I AFFORD A
$500,000 HOME IN FLORIDA?


I HAVE EXCEPTIONAL CREDIT, AND WANT TO BUY A $450,000 HOUSE WITH CASH. PEOPLE
TELL ME IT’S A BAD IDEA. ARE THEY RIGHT?


I’M LEAVING SEATTLE FOR A JOB AND BETTER WEATHER. RENTAL INCOME WON’T COVER THE
1.9% MORTGAGE ON OUR HOME. SHOULD I SELL?

See More
Personal Finance


7 TIPS FOR ROAD-TRIPPING IN AN ELECTRIC CAR IN WINTER


HALF OF U.S. CAR SHOPPERS ARE CONSIDERING A HYBRID OR EV, SURVEY SAYS


THERE’S NOW A TAX CREDIT FOR INSTALLING AN EV CHARGER IN YOUR HOME—HERE’S WHAT
TO KNOW


CAR INSURANCE RATES HAVE SOARED 43% SINCE 2022 AND ARE EXPECTED TO CLIMB MORE.
HERE’S HOW TO LOWER YOUR PREMIUMS.

See More

Help Me Retire


I’M 72, HAVE $3 MILLION IN SAVINGS, AND WANT TO LIVE WITH MY SON WHEN HE’S
MARRIED WITH CHILDREN. CAN I AFFORD TWO APARTMENTS?


WE HAVE FOUR HOUSES WORTH $6 MILLION PLUS STOCKS AND COLLECTIBLES WORTH MILLIONS
MORE. DO WE GET A LONG-TERM CARE POLICY OR PAY IT OUT OF POCKET?


I’M 47, LEFT MY JOB AND WANT TO CONVERT MY $130,000 TRADITIONAL IRA TO A ROTH.
WHAT’S THE BEST TAX STRATEGY? 


I’M 73 AND TOOK MY FIRST RMD. CAN I ROLLOVER MY IRA TO MY 401(K)?

See More
Careers


‘ANXIETY-INDUCING’ LAYOFFS ARE SCARING MANY U.S. WORKERS. HOW WORRIED SHOULD
THEY BE?


‘THERE’S NO SUCH THING AS A GOOD LAYOFF’: WHY THE FIRING PROCESS IS SO
PROBLEMATIC


WOMEN ARE GETTING MORE LEADERSHIP ROLES, BUT THEIR BOSSES OFTEN ARE WAY BEHIND


3 WAYS TO PREP FOR A TOUGHER JOB MARKET: ‘A LOT OF DOORS ARE CLOSING.’

See More
TaxWatch


IS TURBOTAX REALLY FREE? HERE ARE 5 FREE TAX-PREP OPTIONS, INCLUDING H&R BLOCK
AND IRS DIRECT FILE.


MARK ZUCKERBERG COULD PAY MILLIONS TO THE IRS ON META DIVIDENDS. HE STILL MIGHT
BE GETTING ‘A MAJOR BREAK.’


WHERE TRUMP, BIDEN AND HALEY STAND ON CAPITAL GAINS, THE CHILD TAX CREDIT AND
OTHER KEY TAX QUESTIONS


WILL YOUR TAX REFUND BE LOWER THIS YEAR? PLUS 3 OTHER REFUND QUESTIONS,
ANSWERED.

See More
SportsWatch


HERE’S HOW LONG PEACOCK NEEDS ITS 2.8 MILLION NEW NFL-FAN SUBSCRIBERS TO STICK
AROUND


SUPER BOWL QUARTERBACK BROCK PURDY MADE $870,000 THIS SEASON — 16 COLLEGE
FOOTBALL PLAYERS MADE MORE VIA NIL


THE GOLFER WHO WON $1.5 MILLION BUT COULDN’T ACCEPT IT IS TURNING PRO. HE WON’T
BE ABLE TO RECOUP THAT MONEY, THOUGH.


DID NIL PLAY A PART IN ALABAMA COACH NICK SABAN’S SHOCK RETIREMENT?

See More
MarketWatch Picks


I’M 60 AND PLAN TO RETIRE IN 2026. I’LL HAVE 2 PENSIONS AND SOCIAL SECURITY
WORTH $113,000 PER YEAR. BUT I’M CURRENTLY EARNING $200,000 AND WANT TO BRIDGE
THAT GAP. WHO CAN HELP? 


‘CD YIELDS WILL TREND LOWER.’ 5 PROS TELL US WHAT THEY THINK WILL HAPPEN TO CD
RATES IN FEBRUARY 2024


‘I WAS SCAMMED.’ A BROKER POSING AS A FIDUCIARY TOOK MY $100,000 AND PUT IT INTO
‘WORTHLESS FUNDS.’ WHAT’S MY MOVE?


I’M 67 AND GET $2,100 A MONTH IN SOCIAL SECURITY. I HAVE BEEN IN A RELATIONSHIP
FOR 33 YEARS, BUT HIS SON DOESN’T LIKE ME AND I HAVE HEALTH ISSUES. NOW THAT WE
ARE CONSIDERING MARRIAGE, WHO CAN HELP US FIGURE THIS OUT?

See More


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