Articles

Anthony Scaramucci was a hot Wall Street manager last year thanks to crypto. Now he sees bitcoin hitting $200,000 — this year.

The manager says Trump’s meme coin and other cypto-related actions have “slowed down positive crypto regulation.”

Stoke Therapeutics and Biogen in pact for treatment for severe form of childhood epilepsy

Stoke will receive $165 million upfront and may get up to $385 million in milestone payments.

GameStop’s stock extends rally, after plan to sell some international operations

GameStop’s store counts in Canada and France have been shrinking for years, and sales in Canada represent just over 5% of the total.

Videogame giants are becoming disconnected from players — and profits

Sony, Electronic Arts and Ubisoft reflect an industrywide misunderstanding (or perhaps disregard) of what gamers value.

Tell your adult children about your wealth — just don’t tell them everything

Some parents might be concerned that their children will want more and do less.

Medtronic credits heart-surgery-device growth as profit tops analyst estimates

Medtronic said it is “starting to see the results” of its investment in new products.

Oil prices lifted after drone attack on Russian pipeline

Oil futures were lifted Tuesday, finding support after a drone attack by Ukraine on a pipeline carrying crude from Kazakhstan across southern Russia curtailed flows.

Memo to the Fed: Focus on inflation, not the stock market

Officials’ speechmaking can get in the way of effective policymaking.

Last week showed the stock market has moved on from obsessing about inflation. Here’s the new playbook.

Neuberger Berman advises investors move on from inflation worries and focus on growth expectations instead.

Southwest Airlines to cut 1,750 corporate positions in first nonvoluntary layoffs in 53-year history

Southwest Airlines says it seeks to cut costs and create a leaner company able to compete .

Buffett’s been hoarding cash. The rest of the market is doing the opposite.

While Warren Buffett has been building cash reserves, the rest of the market has taken their cash holdings to the lowest level in 15 years.

Treasury yields rise as Fed rate-cut chances recede

U.S. bond yields rose early Tuesday as trading returned from a long weekend and Treasurys played catch-up with developed-market peers.
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