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MARKETWATCH FRONT PAGE
Rising bond yields get credit for fueling a rotation away from the U.S. stock market’s pandemic winners toward shares of companies more sensitive to the economic cycle. In reality, there’s a lot more to it, says one market economist. See full story.
Goldman Sachs says it’s the beginning of a structural bull market in commodities
Analysts led by Jeffrey Currie said there is the beginning of a new structural bull market in commodities, with every market but cocoa and zinc in structural deficit. See full story.
Dr. Seuss is not canceled — but six of his books are being shelved over racist images
Dr. Seuss is the second-highest paid deceased celebrity — behind Michael Jackson. Some of the ‘banned’ books are selling for hundreds on eBay and Amazon. See full story.
Online wine business founded by Richard Branson soars 20% in latest e-commerce IPO
Virgin Wines is the latest e-commerce company to enjoy cheers from an initial public offering during the pandemic, with shares in the group jumping 20% after floating in London on Tuesday. See full story.
We should tax billionaires’ wealth to help pay for pandemic recovery
Elizabeth Warren’s bill would levy a small tax on billionaire fortunes. It could raise billions for recovery—and help protect our democracy. See full story.
MARKETWATCH PERSONAL FINANCE
New hospital-price transparency rules took effect earlier this year, but patient advocates say those rules only do so much. See full story.
