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NewsWatch: Inflation is surging. How high will it go? Check out MarketWatch’s new tracker.

MARKETWATCH FRONT PAGE

The cost of living — aka inflation — has surged to the highest level in more than a decade as the U.S. economy fully reopens. How high will it go? How long will it last? MarketWatch is keeping track. Check out our new inflation monitor. See full story.

Chinese ride-hailing company Didi files for IPO with something U.S. rivals haven’t offered: profit

China’s largest ride-hailing service, Didi Chuxing, officially filed for a U.S. initial public offering Thursday with an odd inclusion for its sector: actual profit. See full story.

As AMC’s stock surged, an Invesco ‘reopening’ fund sold shares of the meme because that is how the smart-beta ETF works

Every week we highlight the most timely exchange-traded fund news, from new launches to inflows and performance. See full story.

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I’m 59. My wife is 33. We have 2-year-old twins. I pay for my mother-in-law’s rent. The time has come for me to cut the cord

‘My wife has two siblings. One has very little, while the other has no kids and a nice business — yet he has never contributed to his mom’s expenses.’ See full story.

U.S. public sector pension funding improved during the pandemic year

Municipal budgets have been resilient and stock-market returns have been on fire See full story.

MARKETWATCH PERSONAL FINANCE

Thursday’s top personal finance stories See full story.

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