Articles

Market Extra: Investors increasingly expect U.S. stock-market rally to continue as bears finally surrender

A roundup of recent surveys of individual and professional investors point to new optimism about the stock market.

: FTC files injunction to block Microsoft acquisition of Activision Blizzard

Microsoft has another headwind in its $69 billion acquisition of videogame publisher Activision Blizzard.

Key Words: Ray Dalio says AI technology both ‘fabulous’ and ‘dangerous’

Billionaire investor Ray Dalio says artificial intelligence will revolutionize business, but also carries big risks.

The Margin: After two non-binary performers win Tonys, are gender-based acting awards an ‘arbitrary distinction’?

J. Harrison Ghee of “Some Like It Hot” won best leading actor in a musical, while Alex Newell from “Shucked” won best featured actor in a musical.

: West Coast ports still aren’t back to normal amid contract dispute, employers say

Labor tensions along the West Coast's ports continued to play out in public over the weekend and on Monday.

: ‘This is something huge for us’: Food-delivery workers in New York set to earn $18 minimum wage next month

Uber, DoorDash and Grubhub are not pleased with the outcome, which they call "extreme" — while some worker advocates say the city fell short.

: Destination weddings: Do guests still have to give gifts if they already spent ‘mad money’ to get there?

Global destination weddings were a $23.31B market last year. But if guests shell out hundreds or thousands to get there, do they still owe the couple a gift?

: Why hotter-than-expected CPI on Tuesday may derail a Fed pause in June

Investors are awaiting the consumer-price index data due Tuesday, one day before the Federal Open Market Committee concludes its meeting on Wednesday.

Futures Movers: U.S. global oil prices settle at lowest since late 2021 ahead of this week’s Fed decision

Oil futures fall Monday, with global benchmark prices marking their lowest finish since December of 2021.

Key Words: Goldman Sachs CEO David Solomon ‘surprised’ at U.S. economy’s resilience, says ‘it’s a period to be a little bit cautious’

David Solomon, CEO at Goldman Sachs Group, has been 'surprised' at the resilience of the U.S. economy over the course of the last year as the Federal Reserve aggressively tightened its monetary policy, according to his interview Monday with CNBC’s “Squawk on the Street” program.

: Novartis deal for Chinook makes kidney-treatment competitors more attractive, analysts say 

Travere Therapeutics and Vera Therapeutics are also developing treatments for rare kidney disease

Market Extra: It’s a ‘bull market’ for stocks. Here’s what that means.

Here's what it means when investors talk about bull and bear markets.
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