Articles

Virgin Galactic’s stock rallies as milestone mission looms

Virgin Galactic is targeting a launch window that opens June 8 for the final flight of its Unity spacecraft before it halts commercial operations to develop its new Delta-class spacecraft.

I’m 54 and have $2.6 million saved. My husband, 68, wants me to retire early, but he has very little retirement savings. What should I do?

“I own $1.6 million in real estate.”

The world is bullish on the U.S. — but Americans shouldn’t get too comfortable

American exceptionalism is on full display in the financial markets.

These companies are expected to be the fastest earnings growers in the S&P 500’s cheapest sector

Energy stocks as a group are cheaply priced to expected earnings, even though the sector has been the best performer in the S&P 500 over the past three years, by far.

Novo Nordisk blames middlemen in U.S. healthcare system for high prices of weight loss drugs Wegovy and Ozempic

In a letter to Bernie Sanders, Novo Nordisk said it only retains 60% of the list price of either Ozempic or Wegovy

S&P 500’s ‘relentless run’ puts U.S. stocks in ‘rarefied’ territory, this chart shows

U.S. stocks are on a rare winning streak extended by the S&P 500’s five straight weeks of gains, according to Deutsche Bank.

Has the P/E ratio outlived its usefulness?

We may have entered a “new normal”

The world’s largest pension fund may be running dry

A population equaling the size of the entire U.S. will retire from China’s workforce by 2035, and the country isn’t reproducing sufficiently to mend its fraying social safety net.

Campbell Soup to cut costs, 415 employees affected

Food giant shutting down soup plant in Oregon and moving potato chip production at another facility.

Bitcoin sinks as Mt. Gox transfers billions to potentially begin creditor repayments

Bitcoin slides after failed exchange Mt. Gox began a long-awaited transfer of more than $9 billion in the digital asset to creditors.

Palo Alto Networks, Zscaler shares lead broader cybersecurity selloff

Zscaler’s stock picked up a downgrade ahead of its earnings report later this week.

U.S. consumer confidence rebounds in May after three months of decline

The index of consumer confidence rebounded to 102 in May from a revised 97.5 in the prior month, the Conference Board said Tuesday. This is the first increase in the index after three straight declines.
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