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While investors today seem gripped by a mania for growth stocks, they are really just gripped by momentum. They are buying assets that have already gone up in the hope that they will keep going up.

“Consumers are rattled,” one analyst noted, “and rattled consumers spend less than confident consumers.”

Job openings fell in June to close to a postpandemic low as trade wars discouraged businesses from hiring, but the rate of layoffs also stood near a record low, in a good sign for the broader U.S. economy.

Merck’s stock is falling after a rare revenue miss, and the announcement of a $3 billion cost-cutting plan that will include layoffs.

Young adults are increasingly turning to investing and entrepreneurship to achieve their financial goals.

Home prices in the 20 biggest metros in the U.S. continued to slow as the housing market weakened under the weight of high mortgage rates and increasing unaffordability.

While global growth is seen as resilient, the factors holding it up are viewed as temporary.

The nation’s trade deficit in goods sank 11% in June to a 22-month low as U.S. companies grappled with on-again, off-again Trump tariffs, a pattern that’s likely to play out at least a few more months.

The combined railroads will span more than 50,000 route miles across 43 states.

Boeing’s stock is rising after the jet maker delivered 150 commercial jets during the second quarter, up 63% from a year ago.

This marks the second straight quarter that broader macroeconomic uncertainty has impacted UPS’s outlook.

Today’s new “Gilded Age” could get its political and financial comeuppance.