Articles

Earnings Results: Nike profit misses expectations, as ‘higher markdowns’ endure amid weaker demand

Nike reported fourth-quarter profit that came up short of Wall Street's expectations, with price cuts weighing on results.

: ‘Pokemon Go’ maker Niantic to lay off 230 workers

CEO John Hanke said that Niantic had allowed expenses to grow faster than revenue.

Project Syndicate: A global recession is coming, Nouriel Roubini says. Stock and bond investors should get ready.

A short and shallow contraction over the next year has become much more likely.

Project Syndicate: Why U.S. taxes must increase

Higher taxes rather than lower public spending can put U.S. debt on a safer, more sustainable path

In One Chart: Apple Vision Pro: How early adoption could stack up against the iPhone, Apple Watch and iPod

Analysts predict that Apple could amass an installed base of 20 million users of the Vision Pro and related devices five years out from the product's launch.

: LGBTQ+ people still face discrimination and economic inequality. These policies could help.

Passing the Equality Act and stemming the tide of anti-LGBTQ+ legislation could help LGBTQ+ people "excel in the economic sphere," advocates say.

: Supreme Court’s college-admissions decision could undermine race-based scholarships and financial aid

Though the court's opinion didn’t weigh-in directly on financial aid, the legal battle over race and education is likely to impact those efforts.

The Ratings Game: Overstock’s plan to become Bed Bath & Beyond could double its sales, analyst says

Overstock's plan to adopt Bed Bath & Beyond's name online could lead to big sales gains, one analyst said.

ETF Wrap: Here are the top-performing ETFs in first half of 2023 as crypto-related funds soar

This week's ETF Wrap looks at top performers in the first half of 2023, as well as flows, as stocks rally and crypto-related funds jump so far this year.

: Biden administration says it will help colleges promote diversity after Supreme Court’s affirmative-action decision

President Joe Biden is encouraging schools to consider a student's financial means, high school and any hardship, including racial discrimination, they've faced

Commodities Corner: Gasoline prices have dropped ahead of the Fourth of July holiday, but drivers won’t catch much of a break

Average gasoline prices are down by roughly 27% from a year ago, but U.S. drivers will still be paying one of the highest prices for the Independence Day holiday on record.

FA Center: Nvidia begs the question: How long can a stock grow faster than the market?

A powerful gravitational pull ultimately downs high-flying stocks .
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