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NewsWatch: Crypto winter? Bitcoin lurches to lowest level in months and alts like dogecoin sink 48% from peak

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MARKETWATCH FRONT PAGE

Is an new crypto winter upon us? It’s impossible to know for sure but digital assets are in the midst of a significant decline on Thursday that is taking most prices back down to their lowest levels in months, and it isn’t just comments from crypto bull Elon Musk sparking a bearish tone in the sector. See full story.

Disney earnings blow away estimates as theme parks return, but streaming slowdown sends stock lower

The Walt Disney Co. blew away earnings expectations with a Thursday report, but shares still fell in late trading as the pandemic-fueled growth of its streaming services slowed down. See full story.

AMC soars and this time GameStop follows as meme stocks get squeezed hard

Meme stocks are playing role reversal with AMC Entertainment’s Thursday short squeeze pulling up shares in retail stock GameStop too. See full story.

How to fix the unemployment system to time extra benefits so they are just the right size to help workers and the economy

U.S. should adopt a two-tier system to increase benefit amounts early in downturns, and to extend benefit periods later on See full story.

Mortgage rates just fell again, despite inflation soaring to 13-year high — what’s going on?

‘The last time inflation surged this high in one month Freddie Mac’s 30-year mortgage rate was 16.9%.’ See full story.

MARKETWATCH PERSONAL FINANCE

Thursday’s top personal finance stories See full story.

Market Snapshot: Dow recovers 400 points as investors digest inflation and jobs data

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