NewsWatch: Is this ‘the beginning of the end?’ Billionaire Bill Ackman shares his thoughts on the big market retreat

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MARKETWATCH FRONT PAGE

Billionaire hedge-fund giant Bill Ackman was asked on Thursday whether the nasty market rout that dragged the tech-heavy Nasdaq Composite down 5% is about to usher in a dark stretch for stocks. His answer was no. But also, maybe. See full story.

Today’s older workers may see the first cuts to Social Security benefits

The Congressional Budget Office released an updated budget outlook, including the pandemic’s impact on the economy. See full story.

This analysis of Wall Street stock ratings is sounding a warning for Tesla and 62 other stocks

More analysts rate Tesla a ‘sell’ than a ‘buy.’ See full story.

Facing immense pressure, Facebook had no choice but to ban new political ads week before election

Facebook Inc.’s first action to limit political advertising in the U.S. with a ban of news ads in the week preceding the Nov. 3 elections comes amid unrelenting criticism that its platform fuels misinformation and is a haven for far-right groups. See full story.

Apple’s ‘dark side’ led these brothers to launch the AppRising

“We like Apple as a company, but they have a really dark side,” says Ben Volach, explaining the motivation behind a David-vs.-Goliath lawsuit that has given antitrust scrutiny a kick in the behind and set the stage for Epic Games Inc.’s lawsuit against Apple following the eviction of mega-popular game “Fortnite” from the App Store. See full story.

MARKETWATCH PERSONAL FINANCE

New insights into coronavirus transmission among children shed light on the pandemic at an important time for families, communities and public-health officials. See full story.

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