NewsWatch: The bears control the market now but it will be hard for them to hold it

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MARKETWATCH FRONT PAGE

This S&P 500 pullback is unlikely to be very deep. See full story.

Tesla stock and bitcoin drop after Elon Musk says car sales with crypto will be halted due to energy usage of mining

Tesla Inc. will halt sales of cars using bitcoin due to the effects on the environment mining the cryptocurrency can have, Chief Executive Elon Musk said Wednesday, and prices of Tesla shares and the cryptocurrency dropped immediately after. See full story.

U.S. wholesale prices rise at fastest pace since 2009, PPI shows, as inflation pressures keep building

U.S. wholesale prices increased sharply again in April and signaled that more inflation is bubbling up in the U.S. economy, just a day after another government report showed the cost of living rose at the fastest pace in 13 years. The producer price index jumped 0.6% last month. See full story.

This simple strategy can help you make some important decisions about retirement

It sounds fun, but take note of what you may and may not need to change about your plans See full story.

How I’m teaching my grandsons to be entrepreneurs

This multigenerational experiment could be a formula for startup success. See full story.

MARKETWATCH PERSONAL FINANCE

The Lyriq is Cadillac’s first fully electric car and it points the way forward for a brand long associated with powerful gas engines. See full story.