By MarketWatch.com | James Rogers | 6/11/2025 8:13 PM
GameStop said it plans to raise more debt — a move that could indicate another bitcoin purchase is looming for the videogame retailer and original meme stock. ... Read full Story
By MarketWatch.com | Bill Peters | 6/11/2025 8:13 PM
Oxford Industries Inc. — the company that owns the Tommy Bahama and Lilly Pulitzer beach- and resort-wear lines — slashed its full-year profit outlook on Wednesday, sending shares lower in after-hours trade, as U.S. tariffs “significantly” complicate business. ... Read full Story
By MarketWatch.com | Mike Murphy | 6/11/2025 7:35 PM
Fintech company Chime Financial Inc. priced its initial public offering at $27 a share late Wednesday, above its expected range, raising about $864 million. ... Read full Story
“‘One child has acquired significant knowledge of contracts, legal documents and business procedures, but will be relocating 1,500 miles.” ... Read full Story
By MarketWatch.com | Frances Yue | 6/11/2025 2:37 PM
Stablecoins, a fast-growing type of cryptocurrency, are in focus thanks to both new legislation that is making progress in the U.S. Senate and Circle’s well-received debut as a public company last week. ... Read full Story
By MarketWatch.com | Michael Brush | 6/11/2025 1:59 PM
It’s bullish when insiders invest their own money into their companies — especially when those executives and directors have a record of savvy timing. ... Read full Story
By MarketWatch.com | Steve Gelsi | 6/11/2025 1:48 PM
GM’s stock climbs as the carmaker’s $4 billion investment to expand existing capacity is viewed as a better than building new plants, one analyst said. ... Read full Story
The concept of value investing was pioneered in the U.S. roughly a century ago. But lately, the approach has had far more success abroad. ... Read full Story
The market is headed toward a tougher period, just as tech stocks might just be starting to lose some of their recent steam, says Goldman Sachs specialist. ... Read full Story
Consumer prices showed little sign of tariff-related increases for the third month in a row, defying expectations of a significant rise in inflation tied to ongoing U.S. trade wars. ... Read full Story
By MarketWatch.com | James Rogers | 6/11/2025 8:15 AM
Chewy’s stock was set to drop as a decline in gross margins surprised investors, who have been growing more optimistic about the company. ... Read full Story
Merriam-Webster's Word of the Day for June 15, 2025 is:
progeny \PRAH-juh-nee\ noun
Progeny refers to the child or descendant of a particular parent or family. Progeny can also refer to the offspring of an animal or plant, or broadly to something that is the product of something else. The plural of progeny is progeny.
// Many Americans are the progeny of immigrants.
// The champion thoroughbred passed on his speed, endurance, and calm temperament to his progeny, many of whom became successful racehorses themselves.
// This landmark study is the progeny of many earlier efforts to explore the phenomenon.
“‘I am (We are) our ancestors’ wildest dreams.’ The phrase originated from New Orleans visual artist, activist, and filmmaker Brandan Odums, and was popularized by influential Black figures like Ava Duvernay, who used the phrase in tribute to the ancestors of First Lady Michelle Obama. Melvinia Shields, who was born a slave in 1844, would be survived by five generations of progeny, ultimately leading to her great-great-great granddaughter—Michelle Obama ...” — Christopher J. Schell, “Hope for the Wild in Afrofuturism,” 2024
Did you know?
Progeny is the progeny of the Latin verb prōgignere, meaning “to beget.” That Latin word is itself an offspring of the prefix prō-, meaning “forth,” and gignere, which can mean “to beget” or “to bring forth.” Gignere has produced a large family of English descendants, including benign, engine, genius, germ, indigenous, and genuine. Gignere even paired up with prō- again to produce a close relative of progeny: the noun progenitor can mean “an ancestor in the direct line,” “a biologically ancestral form,” or “a precursor or originator.”