MARKETWATCH FRONT PAGE
The $15.4 billion impairment by Kraft Heinz wasn’t just one of the largest in corporate history. It also was unusual in how the write-down of its Kraft natural cheese business, Oscar Mayer cold cuts business and Canada retail business was carried out. See full story.
Why Warren Buffett’s annual letter may not be all happy news
Warren Buffett’s annual letter to Berkshire Hathaway shareholders will be released Saturday morning and pored over by investors around the world. Here’s what to expect from the warts-and-all missive. See full story.
Social Security’s earnings test is too complicated — and it discourages work
But eliminating it would probably do more harm than good See full story.
Fed gets earful from Fidelity executive for roiling global financial markets
The Federal Reserve has been insisting that its plan to shrink its balance sheet would be like “watching paint dry.” See full story.
‘Father of Reaganomics’ says ‘get out of the market’ — bond and stock market — ‘and put your money in cash’
David Stockman, the so-called “Father of Reaganomics,” is at it again in the most recent prognostication of doom for the markets and the broader economy. See full story.
MARKETWATCH PERSONAL FINANCE
Experts say the card is designed to get more people to use Apple Pay, but consumers may want to think twice. See full story.
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