Articles

People who say they go to religious services weekly are probably lying, study finds

In what looks to be a clear violation of the Ninth Commandment, people are dramatically overestimating how frequently they attend religious services.

Stock-market pullbacks are price of admission, says strategist who expects bumpy gains

Keith Lerner, chief market strategist at Truist Advisory Services, said it’s normal for markets to pull back — only three years out of the last 40 was there not a pullback of more than 5%.

Tesla’s earnings pressure builds as ‘gut-punch’ executive departure is confirmed

Tesla Inc. confirmed large-scale job cuts on Tuesday, as well as the departure of a key executive — moves that add pressure ahead of the company’s earnings report next week.

Cutting interest rates is misguided and the easy money would only fuel inflation

The Federal Reserve should keep credit conditions tight for now.

S&P 500 extends April slide to break ‘tight’ uptrend channel for U.S. stocks

The stock market could face “a short-term downtrend” depending on how investors react to corporate earnings, says Bespoke Investment Group.

‘DJT’ stock bounces as Trump’s Truth Social to launch live TV streaming network

Trump Media’s stock bounced Tuesday, after the social-media platform Truth Social laid out its plan to launch a new live TV streaming network.

Johnson & Johnson’s profit beats as sales fall slightly short of estimates

Johnson & Johnson’s stock fell 0.4% early Tuesday, after the healthcare company posted better-than-expected profit for the first quarter but sales that fell slightly short of expectations.

UBS increasing capital by $25 bln is right level, say Swiss authorities

Forcing UBS to hold some $25bn more in capital would be the “right” level, according to Swiss lawmakers.

This is the best hedge against unexpected inflation. It’s not what you think.

A monthly review of recent Wall Street research

Here is everything you need to know about the bitcoin halving

Bitcoin is about to undergo its fourth “halving” since the cryptocurrency was officially launched in January 2009. But what does that mean, exactly?

Dr. Martens shares lose a third of their value on U.S. warning

Shares of iconic shoe brand Dr. Martens fell as much as 32% on Tuesday as the company’s U.S. business is going so badly it needs to extend paying for additional storage space as it announced its chief executive will leave.

The 2024 Mercedes-Benz GLA is pure driving pleasure

The Mercedes-Benz GLA is the most prestigious subcompact luxury SUV on the market and gets even better for 2024.
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