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Powell says he doesn’t see ‘stag’ or ‘flation.’ UBS has a playbook if he’s wrong

A team of UBS derivatives strategists led by Maxwell Grinacoff put together a playbook for a stagflation scenario

The 2025 Honda Pilot 3-row SUV is ideal transport for larger families

The 2025 Honda Pilot is one of our favorite midsize SUVs because it performs its duties so well. Pricing starts at $41,295.

Third Point made ‘substantial investment’ in Alphabet as shares fell on Google’s Gemini fiasco

Daniel Loeb’s hedge fund said it believes Alphabet is well positioned to capitalize on the rise of AI,

Two-year Treasury yields back below 5% after Powell suggests rate hike unlikely

Bond yields fell early Thursday as the market continued to express relief that the Federal Reserve’s latest monetary policy meeting passed without a shift to notably more hawkish rhetoric.

Shell launches $3.5 billion buyback after earning $7.7 billion

Shell’s first-quarter adjusted earnings fell by less than expected, buoyed by strong margins from crude and oil trading, while the energy giant kicked off a $3.5 billion share buyback program as it hurries to close the valuation gap between it and its U.S. rivals.

Novo Nordisk now has more than 130,000 weight-loss prescriptions as it hikes financial outlook

Novo Nordisk said its Wegovy injectable drug for weight loss now has more than 130,000 weekly prescriptions in North America alone after boosting supplies to meet insatiable demand.

Qualcomm could prove to be an underrated AI story

Chip designer Qualcomm Inc. could be the sleeper stock of the AI hardware boom.

What junk? High-yield bonds outperform in a turbulent April

High-yield, or “junk bonds,” outperformed in a turbulent April for financial assets

Fed’s Powell keeps the door open for a July rate cut

Here are more details of the four main takeaways from Powell’s press conference.

Fastly shares sink 30% on weaker guidance

Fastly shares dived 30% in afterhours trading following guidance for the second-quarter and 2024.

If history is any indication, the economic impact of campus protests could be felt at colleges across the U.S.

In the 1960s, some policymakers reacted to protests by curtailing funding for colleges. Today, lawmakers are threatening to do the same.

Cantor’s Howard Lutnick says Fed will ‘show off’ with one rate cut in September

A third of maturing commercial real-estate loans are ‘totally underwater,’ Lutnick says
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