Articles

The Ratings Game: Rivian stock’s biggest bear backs away from their sell call

Rivian's stock jumped toward a near five-month high Wednesday, after an analyst who was its biggest bear backed away from his sell recommendation.

: ‘What does that mean for me?’: Biden’s new stab at student-loan forgiveness has borrowers frustrated and confused

After the Supreme Court knocked down the Biden administration's student-debt plan, borrowers are left wondering how they'll repay their loans in a few months.

Movers & Shakers: Wolf stock climbs on supply deal, Rivian rises on van rollout for Amazon, while UPS shares fall, and other stocks the move

Rivian's stock climbed Wednesday after Amazon said it had rolled out the first delivery vans from the electric-vehicle maker. UPS, Microsoft shares were also active.

Peter Morici: Biden and McCarthy’s debt-ceiling deal has put the U.S. on course for a fiscal trainwreck

Sacrificing critical infrastructure to accommodate growing entitlements spending cannot continue, writes Peter Morici.

Need to Know: This value investor lunched with Warren Buffett and cornered Bill Gates. Here’s his take on AI, Nvidia and Microsoft.

One value investor struggles to understand Nvidia's valuation as he thinks about the winners from AI.

: Monster agrees to acquire rival Bang Energy out of bankruptcy for $362 million

Monster played a role in the bankruptcy of its smaller rival, which it sued for false advertising and other misconduct.

Bond Report: Treasury yields dip after soft China data and ahead of Fed minutes

A weaker-than-expected survey of China's service sector has sparked renewed concerns early Wednesday about the pace of global economic growth and encouraged buyers of fixed income assets, pushing Treasury yields lower.

Market Extra: New York City’s available office space hits record in second quarter: Savills

New York City's direct availability of office space climbed to 70.3 million square feet in the second quarter of 2023, the highest in history, according to real-estate firm Savills.

Market Snapshot: U.S. stock futures slip as soft China data revives growth concerns, Fed minutes loom

U.S. stock futures were lower early Wednesday as concerns about a faltering Chinese economy damped risk appetite.

NerdWallet: What to know before you book a flight on one of those low-cost international airlines

You might think a long flight over the ocean isn’t where you want to go cheap, but in some cases these low-cost airlines might fit the bill.

Autotrader: 10 top used sedan models for a $20K budget

A sedan can be an excellent choice for daily driver and for families. They're spacious, comfortable, and often more efficient than SUVs.

NerdWallet: Face it, the 3% mortgage rate is not coming back

It's not realistic anymore to delay a home purchase in the hope that mortgage rates will fall. Embracing this reality will hasten your chance of owning a home.
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