Articles

Eight stock picks in AI, obesity drugs, e-commerce and other growth areas beyond the S&P 500

Nicole Kornitzer of Buffalo Funds explains how she invests in “secular growth trends that can last a number of years.”

Bill that could lead to TikTok ban gets potential new path to becoming law soon

The prospects may have improved this week for a bipartisan House bill that could lead to a nationwide ban for TikTok.

Citizens Financial is latest lender to tap the bond market a day after earnings

Regional bank’s most active bond is currently yielding 6.64%

WiSA sells stock at a more than 60% discount after its recent rocket ride

WiSA Technologies’ stock was among the biggest decliners listed on the Nasdaq, but that registered as only a minor pullback following a fivefold rocket ride over the previous two sessions.

Leading index for U.S. economy retreats again after first increase in two years

The leading indicators for the U.S. economy fell in March, just a month after posting the first increase in two years, but there’s little sign that growth is slackening.

U.S. slaps new sanctions on Iran over Israel attack

The Biden administration on Thursday slapped new sanctions on people and entities associated with Iran’s drone program in response to Tehran’s attack on Israel on April 13.

Fed’s Williams says he doesn’t feel ‘urgency’ to cut rates

The Federal Reserve’s benchmark interest rate is in a “good place,” moving inflation down, and there is no need to rush to push it lower, New York Fed President John Williams said Thursday.

Home sales get hammered by higher mortgage rates, but one region is holding up

Existing-home sales fell to a rate of 4.19 million in March, the National Association of Realtors said.

Biden has canceled $153 billion in student debt. Younger borrowers haven’t felt it.

The White House’s new student-loan-relief plan has the potential to reach more millennial and Gen Z borrowers. Is it enough to convince them Biden is transforming the system?

This chart shows the ‘dangerous’ stock market risk Baby Boomers could be facing

The view that markets always go up over time, is a dangerous one, especially for older investors, says Andrew Adams, strategist at Saut Strategy.

CSX ‘solid and steady’ despite Baltimore bridge collapse, say analysts

CSX Corp. is taking a sales hit of up to $30 million a month following the Baltimore bridge collapse, although analysts still see plenty of positives in the railroad operator’s first-quarter results, which it reported late Wednesday.

Vertex’s stock climbs as non-opioid pain treatment advances

Vertex Pharmaceuticals shares gained ground early Thursday after the company signaled progress in the development of its experimental non-opioid pain treatment.
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