Articles

Washington Watch: Climate change and carbon capture: Texas, Louisiana score federal money for largest ever U.S. direct-air effort

Biden sends $1.2B for direct-air carbon-emissions capture facilities in Texas and Louisiana, technology that essentially vacuums up existing Earth-warming CO2.

Market Extra: Treasury auctions end on a downbeat this week after soft 30-year sale

The Treasury market is about to end the week on a somewhat downbeat note after struggling with Thursday's $23 billion auction of 30-year bonds.

: David Weiss named special counsel in Hunter Biden probe

Attorney General Merrick Garland on Friday named David Weiss as a special counsel in the investigation into President Joe Biden's son Hunter.

Key Words: Phil Mickelson responds to sports betting allegations: ‘I never bet on the Ryder Cup’

Mickelson tried to bet $400,000 on a Ryder Cup he was playing in, a new book alleges.

: Elasticity: Why that word is so important to you, companies and the stock market

To get companies to lower prices, consumers have to stop complaining about paying more for the things they want and need, and start refusing to buy them.

Cannabis Watch: TerrAscend says Morgan Stanley, BNY Mellon lift custody ban on cannabis for Toronto Stock Exchange listing

"While the removal from the blacklist has gone without much notice, we do think that this is a big deal," said TerrAscend executive chair Jason Wild.

Market Extra: Inflation may re-accelerate in fourth quarter or next year, but but it may not be a bad thing 

Inflation has slowed down significantly over the past few months, but it faces risks of re-acceleration in the fourth quarter or next year, some analysts warned. 

: EVs, self-driving cars and how to make money from them in the stock market

Also, retirement scenarios, a common financial mistake you can avoid, and how China can disrupt stocks globally.

: Cathie Wood’s ARK funds unload another $19 million in Tesla’s stock

A pair of exchange-traded funds managed by Cathie Wood's ARK Investment sold Tesla shares again on Thursday, continuing with a months-long trend.

Economic Report: Consumers see substantial improvement in economy over past 3 months, UMich survey

The University of Michigan’s gauge of consumer sentiment inched down to a preliminary August reading of 71.2 from a July reading of 71.6.

: PPI surprise was because of the stock market

What the stock market gives, the stock market takes away.

: Nio and Alibaba shares sink, weighed down by Country Garden’s financial woes and downbeat China data

U.S.-listed shares of China-based companies traded lower Friday as property developer Country Garden Holdings' financial troubles cast a pall on the group.
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