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NewsWatch: A new short squeeze in GameStop and AMC? One social-media sentiment tracker says one is brewing for ‘either today or very soon’

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MARKETWATCH FRONT PAGE

GameStop and AMC overcame rocky starts to the trading day as comments on social media surged and retail traders mused once again about “squeeze”s on both stocks. See full story.

Your 401(k) balances aren’t all yours

The IRS has a claim on a chunk See full story.

Why is crypto SafeMoon trending, and why is Dave Portnoy using it to diversify his bitcoin exposure?

Amid the slump sweeping across crypto assets Tuesday, investors were turning their attention to a meme asset, SafeMoon, that has garnered increased attention was recently drawing fresh looks after comments made by Barstool Sports founder Dave Portnoy on Twitter. See full story.

Banks are offering credit cards to people without credit scores — should you get one?

‘Most credit card issuers are still considerably more cautious now than they were pre-COVID.’ See full story.

Former WaMu CEO sees a housing bubble forming because the Fed is ‘hooked’ on low interest rates

‘Everybody wants to have asset prices forever going up and the cost of financing to be next to nothing,’ Kerry Killinger says. See full story.

MARKETWATCH PERSONAL FINANCE

‘Everybody wants to have asset prices forever going up and the cost of financing to be next to nothing,’ Kerry Killinger says. See full story.

Currencies: Forex traders take Fed at its word as popular currency index tests 3-month low

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