November 27, 2020
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Markets PAID

Spotify Needs More Than a Cup of Joe

Spotify’s deal with Joe Rogan, shown at a comedy club last year, is being watched closely. Photo: Michael S. Schwartz/Getty Images Joe Rogan has raised some eyebrows at Spotify. The question remains if he can bend many new ears—especially those willing to pay for the experience. The mega-popular podcaster moved his show to the streaming […]
Markets PAID

How Property Booms Eat Our Economic Future

A housing construction site in Shanghai last month. Photo: Qilai Shen/Bloomberg News This October, U.S. housing sales hit their highest level since 2006. China’s residential real-estate investment was up 14% relative to the same month last year. Around the world, many housing markets have shrugged off a colossal economic slump, helped by low interest rates. […]
Markets PAID

U.K.'s Centrica Seeks to Sell Liquefied Natural Gas Portfolio

Centrica is the owner of energy and electricity service provider British Gas. Photo: Steve Parsons/Zuma Press Centrica PLC, a major U.K.-based energy supplier, is trying to sell its portfolio of liquefied natural gas supply contracts and other assets, according to people familiar with the matter, as it seeks to simplify its operations amid volatile LNG […]
Markets PAID

This Black Friday, Avoid Credit-Card Pitfalls

Black Friday, the day after Thanksgiving, is one of the busiest shopping days of the year. Photo: Paul Hennessy/Zuma Press This year has been different in many ways, but Black Friday promises to be business as usual, even with the large portion of spending expected to take place online rather than in person. Credit cards […]
Markets PAID

Investors Bet on More Dollar Weakness

The ICE U.S. Dollar Index, which measures the dollar against currencies from major trading partners, recently slid to its lowest level since 2018. Photo: sedat suna/Shutterstock The U.S. dollar hit its lowest levels against a basket of currencies in more than two years this week. Investors and analysts think it has further to fall. The […]
Markets PAID

Stock Futures Drift Higher in Muted Holiday Trading

U.S. stock futures drifted higher Thursday, with investors anticipating a quiet day of trading on Thanksgiving. Futures tied to the S&P 500 ticked up 0.1%, a day after the benchmark stocks gauge closed at its second-highest level on record. Futures for the technology-heavy Nasdaq-100 index edged up 0.3%. U.S. stock and government-bond markets will be […]
Markets PAID

Stocks Pause After Dow's 30000 Milestone

WSJ’s Jason Bellini explains how the Dow Jones Industrial Average reached 30000.[object Object] U.S. stocks wavered a day after the Dow Jones Industrial Average breached 30000 points for the first time, and as investors looked ahead to a packed day of economic data. The S&P 500 opened 0.1% lower Wednesday. The Dow Jones Industrial Average fell 0.3% to 29965,
Markets PAID

Dow's Milestone Heralds Broader Stock Rally

A November rally in cyclical stocks such as Honeywell helped push the Dow industrials to its latest milestone. Photo: David Paul Morris/Bloomberg News The Dow Jones Industrial Average’s ascent to 30000 Tuesday signals more companies are beginning to participate in the new bull market, offering hope to investors who have long waited for the rally […]