Articles

: The Sam Altman drama knocked Microsoft’s stock around. So why is its deal with OpenAI largely a secret to Wall Street?

More than four years after the companies officially established a "partnership," Microsoft has disclosed next to nothing in its securities filings about its deal with OpenAI, and confirmed to MarketWatch that executives don't believe it to be "material information."

: White House asserts authority to break patents of certain high-cost drugs 

The Biden administration announced steps to rein in the cost of prescription drugs developed with taxpayer money and examine private equity's role in the healthcare industry

: Nikki Haley misstated the link between TikTok usage and antisemitism. Here’s what a study found.

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Economic Report: Jobless claims inch up to 220,000, layoffs still low

The number of Americans who applied for unemployment benefits last week was barely changed at 220,000, indicating that layoffs remain extremely low even though businesses are hiring fewer people.

: India’s stock market tops $4 trillion in value as investors buy into world’s fastest growing big economy

India’s stock market hit a fresh record high this week, propelling its value above $4 trillion for the first time and leaving it in a close battle with Hong Kong for fourth spot in the global ranking.

: JetBlue’s stock jumps premarket after airline raises guidance, citing ‘healthy’ travel demand

JetBlue is guiding for narrower-than-expected losses in the fourth quarter and full year after strong demand for holiday travel.

: Sir Jim Ratcliffe set to clinch Manchester United minority stake next week, reports say

Ratcliffe is closing in on his 25% stake in Manchester United, reports say

Market Extra: Value stocks were poised for glory in 2023, then it all slipped away as AI euphoria took over. Here’s what to expect next.

There isn't a compelling reason to choose between large-cap value and growth stocks in 2024 as high levels of uncertainties still linger, says DataTrek Research.

Help Me Retire: I’m 71 and can’t decide if I should pay off my mortgage or get a joint annuity that’s cheaper — what should I do?

"I currently have a 2.25% mortgage with 27 years remaining."

Earnings Results: Dollar General’s stock buoyed by earnings beat, but retailer is not happy with its performance

A review has uncovered areas for improvement in the near and long term

Paul Brandus: Do you support defense spending that creates U.S. jobs? Then Ukraine matters.

U.S. aid to Ukraine has boosted economic activity and jobs in 38 states.

Need to Know: There’s a new market dynamic heading into payrolls report, Goldman trading expert says

John Flood, a managing director at Goldman Sachs who works in its trading business, says there is a "new dynamic" in that the market will dislike extreme jobs data changes in either direction.
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