Articles

The U.S. economy needs older workers. Congress can help.

Economic growth depends on employees over 55 participating in the workforce.

‘Do we need another too-big-to-fail bank?’ Capital One–Discover merger’s fate could depend on 2024 presidential election.

Capital One’s proposed merger with Discover will test the Biden administration’s commitment to reining in the excesses of the financial-services industry, and economic concentration more broadly.

Wall Street keeps likening Nvidia to dot-com-era Cisco. Is the comparison justified?

A chart comparing Nvidia Corp.’s performance to that of Cisco Systems during the dot-com bubble years has made the rounds on social media and in Wall Street research reports. It certainly looks ominous.

Stock-market investors should still brace for ’70s-style ‘stagflation,’ warn strategists

Investors have put aside fears of a 1970s-style bout of stagflation — but that may be premature, say quantitative strategists at J.P. Morgan.

Rivian’s stock tanks after EV maker expects flat production for the year

Rivian Automotive Inc.’s stock fell about 15% after hours Wednesday after the EV maker posted a larger-than-expected quarterly loss and guided for producing slightly fewer vehicles this year than it did in 2023.

Why Apple’s new Sports app could be bad news for Google

One expert said Apple’s Sports app might eventually be part of the built-in apps for iPhones, like Maps and Notes

Etsy’s stock is dropping on earnings miss, slow start to fiscal year

Etsy Inc.’s stock initially fell 8% in extended trading Wednesday after the company posted a quarterly earnings miss and warned of a soft beginning to its fiscal year.

Lucid’s stock drops nearly 5% as losses mount for the EV startup

Lucid Group Inc. shares fell nearly 5% in the extended session Wednesday after the EV maker reported a mixed fourth quarter, with revenue below Wall Street estimates, and production guidance also disappointed.

Ether is likely to hit a record high this year. Here’s why.

A weekly look at the most important news and moves in crypto, and what’s on the horizon in digital assets.

You can save $1,650 over the next decade by making this change to your coffee order

Americans love a good mocha, but a latte remains the cheaper option

Fed officials more worried about cutting rates too fast than moving too slow, minutes show

Federal Reserve officials expressed concern that progress on inflation might stall, minutes from the central bank’s January meeting show.

IRS to crack down on corporate-jet perk with audits to catch companies ‘flying under the radar’

The tax agency is concerned too many companies and their C-suite executives are mixing business and pleasure by using company-jet flights for personal reasons.
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