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Bud Light sales extend their drop but Michelob Ultra takes up some slack: report

Anheuser-Busch InBev’s former No. 1 beer Bud Light has continued losing market share to Modelo from Constellation Brands Inc. and Coors Light from Molson Coors Beverage Co., but has made up some ground with Michelob Extra and Busch Light, the Wall Street Journal reported Friday.

Gold drops 2% in ‘typical’ move after touching record highs this week

Gold futures dropped by more than 2% in Friday dealings, on track to post their first weekly loss in a month in what some analysts see as a “typical” pullback in the wake of the metal’s rise to record highs earlier this week.

How Robinhood lost $2 million to scam artists with names like ‘Ghost’ and ‘Payday’

A group of Long Island men pleaded guilty to using an elaborate “free-riding” scheme to manipulate prices of illiquid stocks using money they stole from the trading platform.

Student-loan payments paused for millions after court blocks Biden debt-relief plan

Millions of student-loan borrowers will have their payments paused and interest put on hold amid legal wrangling over a signature Biden student-debt initiative.

We’re retired and in our early 60s. We want to buy a $900,000 house. Would it make sense to take out a bridge loan?

“We would like to buy a house before we sell our current home.”

Travelers’ stock rallies after big profit beat, even as catastrophe losses rise

Travelers’s stock was set to resume their rally in early trading Friday after the insurer beat second-quarter profit expectations by a wide margin, even as revenue missed and catastrophe losses increased.

Netflix is doing the impossible, and that could be bad news for bears

One analyst doesn’t see a “realistic bear-case for Netflix in the foreseeable future” given Netflix’s recent subscriber performance and fundamental strength.

Hawaiian Electric stock rallies on report of Maui wildfire settlement

Shares rise nearly 37% on report of $4 billion settlement.

Oil edges lower as demand worries weigh on crude

Oil futures edged lower early Friday, with worries about the demand outlook out of China putting a damper on crude this week, while supply concerns have helped limit downside.

Auto production has been especially weak in June, Autoliv says

Autoliv’s stock sank toward an eight-month low in early trading Friday, after the automotive safety parts maker reported a surprise decline in second-quarter profit, citing weaker auto industry sales.

What are the most profitable stocks of all time? The answer might surprise you.

There is an old saying about investing: time in the market trumps timing the market.

Rich people know about this investing trick — it’s time retail investors do too

While many people favor high-yield savings accounts, investing in bonds instead may prevent a tax headache.
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