Articles

: Private companies like Virgin Galactic could deliver science boost, space researcher says

Companies like Virgin Galactic could boost space research, says Moran Bercovici, a professor at the Technion – Israel Institute of Technology

: Jerome Powell says it ‘takes time’ for slowdown in rents to show up in the Fed’s inflation gauge

Federal Reserve Chair Jerome Powell on Friday said that the central bank is aware that rent growth is slowing down across the nation.

The Ratings Game: Affirm’s stock rockets toward best day in 15 months but remains a polarizing play

Affirm continues to draw mixed reactions as its stock explodes higher Friday in the wake of earnings.

: Heineken is the latest Western corporate giant to exit Russia

Beer giant Heineken is the latest major Western company to exit Russia.

: United Auto Workers members vote to strike

The UAW says 97% of the Big Three automobile workers authorize a strike if no deal is reached by the contract's expiration date.

: As Medicare picks 10 drugs for price negotiations, 50 million people stand to benefit — even if their drugs aren’t on the list 

Government negotiations with drugmakers are set to launch amid a growing number of legal challenges.

Market Extra: ‘We are going to need a new story’ to get investors excited again, says Morgan Stanley’s Mike Wilson

Morgan Stanley's chief investment strategist Mike Wilson says the hunt is on for a new theme for markets to latch on to to resume a march higher.

The Fed: Fed’s Powell unsure of the need to raise interest rates further

Fed Chair Jerome Powell said Friday the central bank will move carefully while suggesting he was unsure of the need to raise interest rates further.

The Ratings Game: Netflix’s rivals are scrambling, and that could make its stock a buy

As streaming rivals slash spending on content and raise prices in pursuit of profitability, Netflix shares stand to benefit.

The Human Cost: ‘I lost bidding war after bidding war’: If interest rates are so high, why have house prices not declined?

A ‘hellish’ imbalance in the housing market is frustrating buyers.

: Hibbett’s stock pops 9% premarket after better-than-expected profit

Hibbett beat profit estimates for the second quarter and stuck with its guidance for the full year.

Futures Movers: Oil prices rise ahead of Jerome Powell speech but set for weekly losses

Oil futures rise Friday as investors await a speech by Federal Reserve Chair Jerome Powell.
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