Articles

: Why retirement savers need the Supreme Court to uphold the student-loan forgiveness plan 

Women especially would benefit from the program

Cannabis Watch: Customer donations at cannabis shops may help fund new super PAC called Legalize America

Legalize America is an independent super PAC with backing from Curaleaf, Cronos Group and the U.S. Cannabis Council.

: The Fed’s been hawkish even as CPI recedes. Bernanke helps explains why.

The answer to the puzzle of a hawkish Fed lies in a framework put out by former Fed chair Ben Bernanke, in a paper published in May.

: Catholic Church’s stance on AI ethics: Technology should be ‘at the service of humanity’

Some 90% of business leaders are concerned about ethical standards, but they don't have a framework to address the topic, according to a Deloitte study.

Economic Report: U.S. trade deficit in goods falls 6% on weaker consumer demand for imports

The trade deficit in goods narrowed 6% in May due to lower oil prices and less demand among consumers for imports, perhaps a sign of a softer U.S. economy.

The Ratings Game: Nvidia stock selloff presents a ‘buying opportunity,’ analysts say as they shrug off China fears

Nvidia and AMD shares were falling amid a report suggesting forthcoming additional China export restrictions, but analysts didn't seem too concerned.

The Ratings Game: Netflix stock gets another $500 price target, as lowest-priced plan is phased out

Netflix's stock rose Wednesday after it garnered another $500 price target from a Wall Street analyst.

Need to Know: Biden is declaring victory on the economy. Wall Street is grudgingly coming around.

Neil Dutta, head of economics at Renaissance Macro Research, fired off a note saying "the statute of limitations has now kicked in. There are several reasons to be upbeat on the U.S. economy. "

: ‘The Airbnb collapse is real.’ Rental revenue has halved in some parts of the U.S., says this chart

New data shows Airbnb revenue falling in some major U.S. cities, according to a tweet by Nick Geril, CEO of Reventure Consulting

Market Extra: July has been a top month for stocks. Here’s what it will take for the market to rally again this summer

Conventional investing wisdom dictates that the summer months are a sleepy time for markets. But that's started to change over the past decade.

Metals Stocks: Gold falls to fresh 3-month low, nearing $1,900 per ounce

Gold slid to fresh three-month lows on Wednesday as expectations for more central-bank interest-rate hikes later this year have diminished the appeal of the yellow metal.

The Ratings Game: Big food producers won’t be able to lean on higher prices forever. But this one can still grow, analysts say.

Goldman Sachs says Kellogg Co. can still put up solid growth, in large part due to the planned spin-off of its North American cereal business.
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