NewsWatch: Here are four reasons the West is headed for a ‘very drastic crisis,’ according to a veteran economist

MARKETWATCH FRONT PAGE

The excess in financial markets will have to unwind in a drastic manner, warns one veteran economist. See full story.

What the OPEC standoff means for oil prices and financial markets

A standoff between Saudi Arabia and the United Arab Emirates has investors again questioning the future of the OPEC, while weighing implications for crude and other markets. Here's a rundown of what's happening. See full story.

The second most popular destination in the world wants its tourists back

Visitors are returning to Spain, but will they arrive soon enough and in sufficient numbers? See full story.

Virgin Galactic downgraded after stock more than doubled in six weeks

Virgin Galactic Holdings Inc. was downgraded by UBS analyst Myles Walton, who cited concerns over valuation as the stock has more than doubled since he turned bullish about six weeks ago. See full story.

AMC’s scuttling of share-issuance plan is clearest signal yet that the company’s stock now belongs to the ‘Planet of the Apes’

Adam Aron is not just capitulating to retail traders on his yearning for 25 million new shares. He's telling them that they are why he's doing it. See full story.

MARKETWATCH PERSONAL FINANCE

Companies are now reevaluating where work needs to happen, and how many days employees should be required to work. See full story.

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July 08, 2021 at 01:00AM
MarketWatch
http://www.marketwatch.com/news/story.asp?guid=%7BE9D96ABA-6D87-4C60-B00B-E8B51ED8A82E%7D&siteid=rss&rss=1