Articles

Juul e-cigarettes’ FDA ban lifted

The U.S. Food and Drug Administration said Thursday that it has rescinded orders blocking the marketing of Juul Labs Inc.’s e-cigarette products in the U.S.

Mortgage rates at 3% were an ‘anomaly.’ Here’s what a normal 30-year rate looks like.

Home buyers are frustrated by 7% mortgage rates. One economist suggests that they’ll need to get used to them.

May Jobs report could signal whether economy is weakening

Is the U.S. jobs market and broader economy finally feeling the sting of high interest rates? Hiring appears to be slowing, but it’s unclear just how much.

Medicare and Social Security could be the keys to the presidential election

These Americans are terrified about the future — and they vote.

Older workers are sticking around — what does that mean for their younger colleagues? 

The labor force is in a good place right now, but what happens when it’s not?

‘AI now has to play out elsewhere,’ for Nvidia’s valuation to make sense, ARK’s Cathie Wood says

ARK Invest’s chief executive and CIO, Cathie Wood, said the onus is now on AI to develop beyond Nvidia and offers her picks on where the next big plays will be.

These tips for investing in mutual funds and ETFs keep your portfolio in the race

Read about alternative investments, bitcoin ETFs and a top stock fund that invests in AI.

Elon Musk’s SpaceX launches fourth Starship flight test

SpaceX launched the fourth flight test of its Starship Thursday, marking another milestone for the private space company’s giant spacecraft and rocket.

J.M. Smucker beats on profit as Hostess purchase, lower costs provide a boost

J.M. Smucker’s stock nudged higher Thursday, after the consumer foods company beat quarterly profit expectations, as the recent acquisition of Hostess Brands and lower costs helped offset a surprise dip in sales.

Helium leaks detected on Boeing’s Starliner as it heads to the International Space Station

“The leaks do not currently present a safety issue to the crew, the vehicle or the mission,” says a Boeing spokesperson.

EFG International shares surge on Julius Baer takeover rumors

Swiss news outlet Inside Paradeplatz reported on speculation that Julius Baer is considering acquiring EFG International for 4.5 billion Swiss francs ($5 billion)

These consumer stocks are struggling. What it says about the market and U.S. households. 

U.S. stocks notched another round of all-time highs, but a look beneath the record-setting streak shows cracks are starting to form in some of the consumer stocks.
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