Articles

: Mullen Automotive files suit against investors, alleging they used ‘spoofing’ to manipulate its share price

Mullen Automotive is blaming bad actors for the 99% decline in its stock price in the year to date.

The Tell: Mortgage rates’ dip to 7% could be brief if jobs market stays strong, Fannie Mae economist says

November's pullback in 30-year fixed mortgage rates may stall, or even reverse.

: Paramount’s stock soars 13% on a report that David Ellison and RedBird are eying the company

Deal would come via National Amusements, the exhibitor that owns 77% of Paramount's voting shares.

: Crispr Therapeutics, Vertex get FDA approval for breakthrough gene-editing treatment

Crispr Therapeutics and Vertex Pharmaceuticals got U.S. regulatory approval for a sickle-cell disease treatment based on the gene-editing technology Crispr.

Market Extra: Gold prices look to post first weekly loss in a month

Gold futures head lower, with better-than-expected U.S. jobs data fueling strength in U.S. Treasury yields and the dollar, dulling investor interest in gold and setting prices on track for their first weekly loss in a month.

Financial Crime: Tax case raises pressure on Hunter Biden, with jail time a real possibility

Post Content

: WeWork leads crop of November bankruptcies as overall restructuring count drops from previous months

November sees 34 company bankruptcies, lower than previous months

: Investors are taking more risk as we near the end of 2023

Also, stock picks, Ozempic and behavior, retirement planning, Microsoft and Nvidia, and investing mistakes to avoid.

Market Extra: Solid job growth, sharp wage gains undercut expectations for a quick return to Fed rate cuts

Friday's official job report is spurring a bit of a rethink about how quickly the Federal Reserve can cut borrowing costs, given the lack of labor-market softening that many in financial markets had expected.

The Ratings Game: Lululemon’s stock heads for record high as bullish analysts shrug off soft guidance

Lululemon Athletica's stock rose 3.7% Friday to put it on track for a fresh all-time high.

Economic Report: Consumer sentiment jumps in early December for the first increase in five months

The University of Michigan’s gauge of consumer sentiment rose to a preliminary December reading of 69.4 from a six-month low of 61.3 in the prior month. This is the highest level since August. Economists polled by the Wall Street Journal had expected a December reading of 62.4.

: Krispy Kreme has launched in Paris — and is already in trouble with the mayor’s office

The doughnut seller's advertising campaign attracted backlash from the Mayor's office
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