07-08-2024
A weekly look at the most important news and moves in crypto, and what’s on the horizon in digital assets.
07-08-2024
Airbnb Inc. was among the S&P 500’s worst performers on Wednesday and was on track for its biggest percentage drop on record after the vacation-rental platform a day earlier said it saw “some signs of slowing demand from U.S. guests” and “shorter booking lead times.”
07-08-2024
JPMorgan Chase & Co. Chief Executive Jamie Dimon said the market plunge and partial recovery in the past week amounted to an ”overreaction” by investors. He added that ”America is alive and well.”
07-08-2024
A year after the “Barbenheimer” phenomenon, movie-theater chains are enjoying a boost in foot traffic from this year’s hit summer movies, says analytics company Placer.ai.
07-08-2024
But too few people know about it, or do it.
07-08-2024
Banks employed different approaches to their loan-loss strategies, according to an analysis of their Q2 results by MarketWatch.
07-08-2024
Rivian’s stock losses continued into Wednesday, as some predicted a “bumpy path” for EV maker.
07-08-2024
Oil futures rose Wednesday, finding support as the stock market continued its recovery from a global rout that had served to pull down commodity prices.
07-08-2024
For years, sophisticated traders reaped huge returns through bets that would pay off if the Cboe Volatility index, known as the VIX of Wall Street’s “fear gauge,” declined.
07-08-2024
Stock-market bulls cheered Wednesday after a top Bank of Japan official said policymakers won’t hike rates in the face of unstable financial markets. Skeptics say any comfort may prove fleeting.
07-08-2024
Immigration boosts federal tax revenue, but states and localities bear unique costs.
07-08-2024
Management showed that it’s “more committed to margin expansion than expected,” an analyst said.