Articles

How ageism killed older adults during COVID

Nursing homes during COVID-19 lockdowns were ‘crime scenes hidden from the public’

Some Republicans want a bigger child tax credit. Does it have a chance of becoming reality?

As Republicans get ready to deliver a tax package next year, some prominent GOP lawmakers have voiced support for an expanded child tax credit.

Elon Musk’s government shutdown? Here’s what it means for TSA, IPOs and Social Security.

As U.S. lawmakers wrangle over spending legislation, here’s how some key government functions would be affected by a shutdown.

Why stock-market volatility spike signals Wednesday’s rout could be buying opportunity

Wednesday’s steep selloff in the stock market triggered a sudden spike in Wall Street’s “fear gauge,” posing a buying opportunity for investors and may spark a strong year-end stretch for stocks, according to market analysts.

Lennar blames high mortgage rates for sales miss, but says its home prices also need to fall

Lennar said higher mortgage rates have hurt sales, but the home builder also acknowledged that it needs to cut prices more to reignite buying.

Home sales rebound as buyers seize a dip in mortgage rates. Could the bump be short-lived?

Existing-home sales rose to a rate of 4.15 million in November, the National Association of Realtors said.

Micron’s stock may see its worst day since 2020. Why the bulls are still upbeat.

Analysts are largely upbeat on Micron’s stock, pointing to an upbeat AI narrative while noting that pressures on consumer markets shouldn’t be much shock to Wall Street.

Economy was even stronger than it looked in the third quarter, GDP shows. Thank consumers.

The shocking strength of the economy helps explain the Federal Reserve Scrooge-like plans for interest rate cuts next year. And the latest update on GDP over the summer offers another reminder.

Jobless claims subside after Thanksgiving pop and give off good vibes for U.S. economy

Jobless claims are the early-warning radar for the U.S. economy, and they still show no trouble on the horizon. The number of Americans who applied for unemployment benefits in middle of December fell to a low 220,000.

Food giant Conagra hikes its inflation outlook in a fresh sign of higher-for-longer prices

Conagra, which makes blockbuster supermarket brands such as Birds Eye and Healthy Choice, sees inflation close to 4%.

Weedmaps founders want to take the company private as cannabis sector runs into headwinds

Stock has doubled this year, but it’s still down sharply from its peak of nearly $28 a share in 2021.

C3.ai gets downgrade, as analyst cites concerns about subscription revenue growth

C3.ai Inc. was downgraded to underweight by KeyBanc Capital Markets Thursday, with the analyst firm citing concerns about the enterprise software company’s subscription revenue growth.
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