Articles

At least 30 injured after flight hits turbulence — sending man into overhead bin

At least 30 people were injured on Monday after an Air Europa Boeing 787-9 Dreamliner flight hit turbulence over the Atlantic, sending passengers flying out of their seats with one man appearing to have gotten stuck in the overhead bins.

Chinese EV maker BYD sees sales rise in June

Chinese electric-vehicle maker BYD sold 341,658 vehicles in June, up 3% from May and 35% higher from a year ago.

Salesforce shareholders reject compensation plan for Benioff, other top execs

Salesforce Inc. shareholders rejected a compensation plan for Chief Executive Marc Benioff and the company’s other top executives after it was opposed by two large advisory firms.

A surge of new apartments is hitting the market. Renters in these cities stand to benefit the most.

Renters are seeing an increase in housing supply this summer as builders complete construction on thousands of new apartments.

Silvergate, of crypto infamy, sued by SEC for securities fraud

SEC charges are latest for the once crypto-friendly bank swept up by the collapse of FTX Trading.

Restaurant stocks are breaking down. That’s an ‘ominous’ sign for a ‘late-cycle market.’

Restaurant stocks are breaking down, adding to concerns over consumer-related parts of the market, says a top Wall Street technical analyst.

Stocks are headed for a ‘summer squall,’ Citi warns

Citigroup equity strategist Scott Chronert has a list of reasons why a pullback this summer could be triggered in the stock market

Investors’ hopes for sweeping deregulation after Supreme Court’s Chevron decision may be misguided, experts say

The ruling gives courts the ability to interpret ambiguities in laws pertaining to agencies’ work rather than deferring to agency interpretations.

Why a stock-market pullback is increasingly likely, this analysis says

Monthly contrarian update of market-timer sentiment

Talk about Biden campaign’s money going to Harris points to him staying in race

As President Joe Biden faces some calls to exit the White House race after his poor performance in last week’s debate, analysts have focused in part on what could happen to his campaign’s funds if he were to bow out.

Fed’s Williams defends response to postpandemic inflation surge

New York Fed President John Williams defended the central bank’s delayed response to the outbreak of inflation in 2021 — saying that policymakers were grappling with extreme downside threats to the economy and financial markets in an atmosphere of tremendous uncertainty.

Tesla is reporting quarterly sales soon. Investors are bracing for lower numbers.

Tesla Inc. is likely to report deliveries — its proxy for sales — this week, and Wall Street expects that the EV maker will have sold fewer cars than in the same period last year.
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