Marketwatch : News (242)

The Wall Street Journal: FDA nominee Scott Gottlieb plans recusals from decisions on many drug firms

The Trump administration's nominee to lead the Food and Drug Administration plans to recuse himself for a year from FDA decisions on more than 20 companies, including some drug giants.

Metals Stocks: Gold drops in back-to-back sessions as dollar sellers stand down

Gold futures fell for a second straight session on Wednesday, as the dollar gained, deepening the yellow metal's pullback from a one-month high struck to start the week.

Paul Brandus: Trump's intriguing idea: Cut debt by selling off federal assets

One of the president's more intriguing ideas: why not sell off some of those rights and pay down part of the debt?

The Tell: Brexit: Here's what happens now that the U.K. has triggered Article 50

U.K. Prime Minister Theresa May on Wednesday has invoked Article 50 of the Lisbon Treaty, officially starting the country's withdrawal from the European Union. Here are some expected next steps.

NewsWatch: Three ways today's triggering of Brexit will change Britain and Europe

As the U.K. starts the clock on Brexit, Matthew Lynn looks at three ways Article 50 will change Britain and Europe forever.

The Fed: House panel passes bill to audit the Fed

The House committee on oversight and government reform passed legislation to let the General Accountability Office audit the Federal Reserve's monetary policy decisions.

Matthew Lynn's London Eye: Three ways today's triggering of Brexit will change Britain and Europe

As the U.K. starts the clock on Brexit, Matthew Lynn looks at three ways Article 50 will change Britain and Europe forever.

Need to Know: The trap ahead for a stock market too full of animal spirits

The paw prints of animal spirits are stamped all over this stock market. Our call of the day looks at an indicator that has some words of caution for where investors think equities are headed.

London Markets: U.K. stocks wobble as starting gun for Brexit gets set to fire

U.K. stocks rise for a second straight day on Wednesday, boosted by a weaker pound as traders prepare for Britain to trigger Article 50 that kicks of the official two-year Brexit process.

The Ratings Game: Tesaro won't reveal price of its ovarian cancer drug. But it'll likely be near $14,000 a month

The company could be delaying price information because it'll be higher than expected, according to some.

Why investors aren't more excited about Regeneron's new $37,000-a-year drug

The nonprofit ICER said last week the drug would likely be more expensive but is an important product nonetheless.

The Wall Street Journal: MaxLinear to buy Exar in the latest deal in the chip sector

MaxLinear is paying $13 for each Exar share, or about $661.6 million in cash.

Futures Movers: Crude oil marches higher ahead of U.S. supply data

Oil prices continue to climb on Wednesday, boosted by supply disruptions in Libya and hopes official U.S. inventory data will show a drawdown in supplies at a major storage hub.

Caroline Baum: Why tax reform is not as simple as it sounds

Everyone wants tax reform until it comes to sacrificing his or her loophole, writes Caroline Baum, explaining why tax reform isn't as simple as it may appear.

Currencies: British pound under pressure on Brexit trigger-day

A selloff of the British pound, which kicked off late Tuesday in New York, carries on ahead of formal negotiations by the U.K. to leave the EU.

The Wall Street Journal: FDA OKs Genentech multiple-sclerosis drug Ocrevus

The Food and Drug Administration approved a multiple-sclerosis drug called Ocrevus, the first treatment for the most severe type of the disease, known as primary progressive MS.

Asia Markets: Asia-Pacific stocks post gains after Wall Street's rebound

Investors in Asian equities regained some of their risk appetite Wednesday following strong gains in the U.S., where better-than-expected economic data sparked optimism.

The Wall Street Journal: Satellite images show North Korea may be planning nuclear test

North Korea may be preparing to test another nuclear device as President Donald Trump prepares to meet Chinese President Xi Jinping next month, in a summit that is expected to focus on containing North Korea's weapons program

Mansion Global: Investor makes $750,000 flipping Donald Trump's childhood home in Queens

Michael Davis made a 50% profit on the $2.14 million sale after buying the home in December.

'Made in the USA' was only No. 10 in this ranking of national labels

America's quality mark equates to higher quality in some countries more than others.

The Wall Street Journal: More states look to expand Medicare after health-care bill's failure

A growing number of states are considering expanding their Medicaid programs under the Affordable Care Act, after last week's abrupt collapse of the GOP health bill and a development that could make it harder for Republicans to undo the law in the future.

Your browser history can now be sold to advertisers without your consent

Corporate tracking of your online activity is about to get even more invasive.

The Wall Street Journal: EU chastises U.S. for undermining climate-change fight

The European Union said President Donald Trump's order reversing key clean-energy policies would eliminate the main pillar of U.S. efforts to fight climate change, undermining America's leadership in a critical global effort.

The market's first marijuana-themed ETF could start trading next week

Roughly two weeks before April 20, investors with a craving for marijuana exposure will have a new venue to get it in their portfolios.

Tinder: Coming soon to a bigger computer screen near you

The dating company is targeting singletons with low memory on their phones.

Market Extra: Why long-term U.S. stock returns look dismal

A look at historical returns preceding market peaks show that the fear of missing out at the last stage of the bull market is more than justified.

The Wall Street Journal: NATO worries Russian wargames in September could lead to crisis

Western military commanders are concerned that large-scale Russian military exercises near the Baltic states in September pose heightened risks for a miscalculation that could lead to a crisis, allied officials said.

NewsWatch: Stock-picking fund managers double down on economic growth

Active fund managers are doubling-down on bets that the business cycle will continue in an upswing as the preference for cyclical stocks over defensive ones reaches their highest disparity in nearly 10 years.

Economic Report: Consumer confidence soars in March to best reading in 16 years

Consumer confidence in March soared to the highest level in more than 16 years, according to data released Tuesday.

Personal Finance Daily: Tinder is coming to a desktop near you and these workers don't get student loan forgiveness

Tuesday's top personal finance stories

Hedge Funds: What's in a name? For hedge funds, more money but terrible returns

Some of Wall Street's most sophisticated offerings are being selected for the least sophisticated of reasons: their names.

Apple's stock climbs to fifth record in March, 11th record this year

Apple's stock surged to its fifth record close this month, after a UBS analyst said he envisioned a scenario in which the stock soared 40% from current levels over the next 2 to 3 years.

Shipping stocks rocket after analyst calls the bottom

Shares of a number of shipping companies soared after Morgan Stanley upgraded several dry bulk shippers, citing the belief that the dry bulk market has passed through its cyclical low.

The Wall Street Journal: SpaceX aims for historic rocket launch with reused booster

Elon Musk's SpaceX will strive to make history once again this week, highlighting benefits of reusable boosters with the scheduled launch of the first large, liquid-fueled rocket powered by engines previously fired in space.

Mnuchin may have violated ethics rule with 'Lego Batman' comment, senator says

A U.S. senator said Treasury Secretary Steven Mnuchin may have violated his ethics agreement by encouraging people to watch a movie he produced.

The Wall Street Journal: Chipotle removes preservatives from its ingredients

Chipotle is eliminating preservatives from its list of ingredients in an effort to meet consumer demand for foods perceived as more natural.

Futures Movers: Oil climbs with hopes for extension of OPEC-led pact to curb output

Crude-oil prices trade slightly higher Tuesday amid talk of a six-month extension of an OPEC-led pact to limit production.

The Wall Street Journal: U.S. hedge fund Elliott backs Chinese deal to buy AC Milan soccer club

U.S. hedge fund Elliott Management Corp. has agreed to provide part of the financing for Chinese investor Yonghong Li's deal to buy Italian soccer team AC Milan, according to people familiar with the matter.

Market Snapshot: Dow on track for 9th straight decline

U.S. stocks are on track to open flat or slightly lower, with the Dow average declining for a ninth consecutive session as investors wait for a raft of Federal Reserve speeches and economic reports.

The No. 1 worry for college applicants is NOT getting into their top school

Students' priorities and concerns have changed over the last decade.

NewsWatch: This big test is coming for our 'Teflon' stock market

It seems not much is going to get this stock market down. Our chart of the day says this is the next make-or-break level to watch in the next two days.

Home prices hit a 31-month high in January, Case-Shiller says

Home price appreciation accelerated in the three-month period ending in January. The S&P/Case-Shiller 20-city index rose at a 5.7% annual clip.

Thinx sold its period underwear as a feminist cause — now its customers are questioning both

Former and current employees allege the company has a damaging workplace culture.

Need to Know: This big test is coming for our 'Teflon' stock market

It seems not much is going to get this stock market down. Our chart of the day says this is the next make-or-break level to watch in the next two days.

Currencies: Dollar rebounds in step with stocks' attempt to halt skid

The dollar rebounded mildly Tuesday in step with what's shaping up to be the first gain for the Dow industrials in nine sessions, although the stock advance remained vulnerable.

Market Snapshot: Dow fighting to rise for first time in 9 sessions

U.S. stocks on Tuesday look on track to open flat or slightly higher, with the Dow average trying for its first win since March 15 as investors wait for a raft of Federal Reserve speeches and economic reports.

The Wall Street Journal: Amazon to buy Middle East e-commerce site Inc. said Tuesday it is acquiring Dubai-based, placing one of its biggest global bets in recent years on the small but rapidly expanding Middle Eastern online shopping market.

London Markets: U.K. stocks struggle to recover from slide; pound resilient before Brexit trigger

U.K. stocks edge higher Tuesday, helped by U.S. markets finishing off their worst levels overnight, though traders appear to avoid big bets ahead of a key Brexit step.

The Moneyologist: My estranged sister and I are listed as co-owners on my ailing mother's bank account

This daughter worries that her sibling will use this bank account to pay her own bills.

The Wall Street Journal: American Airlines to buy $200 million stake in China Southern Airlines

China Southern said the companies are discussing an equity purchase by American and other forms of cooperation.