Articles

Market Extra: Why the stock market shook off a ‘Jekyll and Hyde’ Fed meeting

Stocks slump then recover as Fed signals more tightening in the pipeline than investors expected.

IPO Report: Mediterranean fast-casual restaurant chain Cava prices IPO at $22 a share

Mediterranean fast-casual restaurant chain Cava Group on Wednesday priced its initial public offering of 14.4 million shares at $22 a share.

Financial Crime: Macabre University: Harvard medical school morgue manager charged in body-part selling scheme

Prosecutors say Cedric Lodge stole donated human remains to funnel into a nationwide body-part sales network.

: Fed rate pause won’t help you ‘get out of jail free’ with your credit-card debt

'The high credit-card interest rates consumers are currently seeing are going nowhere anytime soon,' one analyst told MarketWatch.

Crypto: Bitcoin falls after Fed skips rate hike in June, but points to two more increases this year

Major cryptocurrencies fell on Wednesday, after the Federal Reserve kept interest rates unchanged at its June meeting, but senior officials suggested another 50 basis points of rate hikes are on the table, if inflation doesn’t slow faster.

Market Extra: Why this $6 trillion pile of cash isn’t heading for stocks any time soon

There are trillions of dollars parked in money-market funds and other cash-like investments collecting about a 5% return. It may take awhile to be deployed elsewhere.

: What are unregistered securities? Are all cryptos, like bitcoin and ether, unregistered securities? 

Recent legal actions by the SEC against Binance and Coinbase are rattling the industry. 

Market Extra: Tesla’s stock is the most overbought in nearly 2 years

Tesla's stock chart suggests bulls may be running out of breath after a record-long win streak, which could spell trouble for the stock in the near term.

Project Syndicate: China wants to tightly control AI at home. The technology has other plans.

China’s ability to benefit from the AI intellectual revolution will suffer from Beijing's censorship.

Your Digital Self: This AI-powered stock portfolio beat the S&P 500 and left market pros in the dust

AI may not replace human traders yet, but it can still cause major market distruptions. Safeguards are needed.

Brett Arends's ROI: America may now be in a youth-cession: Consumers over age 60 are propping up the economy

A big factor in the recent spending patterns is Social Security, Bank of America says.

The Ratings Game: AMD, Nvidia face ‘tight’ budgets from cloud-service providers even as AI grows

With AMD making its big push into the AI data-center market this week, one analyst sees it launching into a tighter-than-expected market.
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