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Currencies: U.S. dollar on pace for sixth consecutive day of decline as inflation cools

The U.S. dollar fell further Thursday after data shows U.S. wholesale inflation cooling more than expected in June. 

Key Words: ‘He should be our next president’: Bill Ackman doubles down on call for Jamie Dimon to join 2024 race

JPMorgan's Jamie Dimon is better fit for office than any presidential candidate in the running, says hedge fund giant Bill Ackman.

: Barbie boost: These stocks could be in the pink amid movie buzz

"Everywhere you look, Barbie pink is the new black,” said Dave Bruno of retail-technology company Aptos.

Earnings Outlook: AI will ‘fundamentally change’ Google search, Meta advertising: analyst

"We expect search to fundamentally change, but change will take time, and our analysis of 3 key AI success factors still put GOOGL in the best position to disrupt/improve its own business," Morgan Stanley analyst Brian Nowak wrote Thursday.

Economic Report: Jobless claims drop to 237,000 and point to still-strong U.S. labor market

The number of Americans who applied for unemployment benefits last week fell to 237,000, indicating that most companies are reluctant to fire workers.

The Ratings Game: SoFi’s stock catches another downgrade: ‘It needs to be valued more like a bank.’

If it walks like a bank and talks like a bank, should its stock be valued like a bank's?

Metals Stocks: Gold futures trade a near 1-month high as U.S. dollar weakens

Gold futures on Thursday trade at their highest levels since mid-June, while silver touches the highest prices in two months, as the U.S. dollar tumbled following the release of June inflation data.

: Virgin Galactic’s stock jumps as company sets date for second commercial flight

Virgin Galactic is targeting Aug. 10 for Galactic 02, its second commercial flight.

Key Words: Disney’s Bob Iger says traditional TV is near ‘obsolescence’ — and teases possible asset sale

CEO Bob Iger plans to take an "expansive" and "open-minded" look at the future of Disney's legacy cable and network businesses.

Deep Dive: As inflation cools, here’s how investors can move money back into stocks and bonds

The days of money-market and CD yields of 5%-plus may soon be over.

: Exxon Mobil to buy Denbury for a premium of less than 2%, in a $4.9 billion stock deal

Denbury's stock inched up Thursday after Exxon Mobil agreed to $4.9 billion stock deal to buy the carbon-capture company for a relatively small premium.

: Shares of watch makers and retailers advance as buoyant sales confound luxury pessimists

Shares in European watch groups jumped Thursday, after updates confounded fears of a slowdown in demand for luxury items.
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