Articles

Market Extra: U.S. stocks just reached another market milestone. Here’s how the S&P 500 could climb even higher.

The S&P 500 reached 4,500 on Thursday for the first time in more than 15 months. It's the latest milestone that has Wall Street's equity bulls taking a victory lap.

Crypto: XRP stages 80% rally as judge rules the crypto not a security in retail sales

Cryptocurrency prices jump Thursday after a judge ruled that Ripple Labs’ token, XRP, isn't a security when sold to the general public on exchanges.

: Shopify’s cure for too many meetings: putting a $1,600 price tag on them

Shopify has begun telling employees how much meetings cost the company, because ‘time is money’

Market Extra: JPMorgan, Citi and Wells earnings to unleash borrowing blitz by banks

Big U.S. banks will kick off second-quarter earnings on Friday, with investors bracing for a wave of borrowing from America's top lenders.

: Inflation has slowed a lot, great. Here’s what is not so great.

The inflation dragon is breathing a lot less fire, but it's far from dead. Price hikes in the U.S. are likely to be well above pre-pandemic levels for a bit.

The Fed: St. Louis Fed’s Bullard says has stepped down from his post immediately, will leave in August

St. Louis Fed President James Bullard announced Thursday that he has stepped down from his post and will lave the central bank in August.

: Coinbase’s stock rockets as Ripple ruling could be a positive signal

Shares of Coinbase were among crypto stocks rallying Thursday after Ripple scored a partial legal victory in a case that looked at the essence of crypto tokens.

: Cat treats and Liquid I.V. What do Amazon Prime Day’s most popular items reveal about Americans? Quite a lot.

These purchases give an insight into the priorities of U.S. consumers three years after a pandemic upended people’s lives, experts say.

Economic Report: U.S. budget deficit widens to $227.8 billion in June

The U.S. federal budget deficit widened sharply to $227.7 billion in June, up from $88.8 billion in the same month last year. 

: Ripple token not a security in retail sales, judge rules in partial win for crypto

A federal judge ruled that Ripple Labs' crypto token, XRP, is not a security when sold on digital asset exchanges to the general public

: Longing for the return of pre-pandemic rent prices? Don’t get your hopes up.

Rents rose 8.3% from June 2022 — a period when prices were breaking records in places like Manhattan.

: Fed’s Daly says she was not ‘regularly aware’ of problems at Silicon Valley Bank

San Francisco Fed President Mary Daly said Thursday she was not "regularly aware" of problems at Silicon Valley Bank before its failure in March.
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