MARKETWATCH FRONT PAGE
On Monday, US stocks fell slightly in a week that will see the unofficial start of first quarter results, featured by some of the nation’s biggest banks, including JPMorgan Chase & Co. and Goldman Sachs Group. See the full story.
Powell says ‘it will take time’ before Fed slows down economy
On Sunday, Fed Chairman Jerome Powell said “it will take time” before the conditions are in place for the central bank to apply the brakes to try to cool the economy. See the full story.
Biden’s infrastructure plan seeks to fix a long-standing problem with the internet, but will face familiar opposition
Could President Biden’s proposed $ 2 trillion infrastructure plan do for the internet what it promises to do for the country’s decaying bridges, roads, ports, airports and transit systems? See the full story.
Alibaba shares jump after record fine from China
The shares of Alibaba Group Holdings Ltd. jumped more than 5% on Monday in Hong Kong commerce, after the e-commerce giant was fined a record $ 2.8 billion by China’s antitrust regulator. See the full story.
Why this cannabis giant is betting on Europe to build a war chest before the windfall of American legalization
The cannabis deals in Europe will help pot giant Aphria build up a war chest ahead of an expected mergers and acquisitions spree in the United States, the company’s president and CEO told MarketWatch on Monday ahead of the results of the group. See the full story.
PERSONAL FINANCES MARKETWATCH
Lumber prices are several times more expensive than a year ago, adding tens of thousands of dollars to the cost of a newly built home. See the full story.