Articles

Detroit and its football team have long struggled. Could the city be like the Lions and roar again?

“The city has not done as well as other older Midwestern cities that have tried to recover.”

U.S. investors are more bullish on stocks than at any time in last 2 years, Vanguard survey finds

As U.S. stocks surged late last year, investors responding to a Vanguard survey told the fund-management giant that they hadn’t been this bullish on stocks in two years.

Wall Street is counting on Treasury’s borrowing needs to trend lower between now and June

Major investment banks are coalescing around the view that the U.S. government’s borrowing needs should likely diminish through June, alleviating some of the anxiety that had gripped bond markets late last year.

These retail stocks could be exposed to Red Sea disruption, say analysts

A number of retail stocks could be exposed to the fallout from the Houthi attacks on cargo ships in the Red Sea, say analysts.

Haley raises $2.6 million in 48 hours after New Hampshire loss and Trump’s threat to her donors

By one metric at least, angering Donald Trump has been good for Nikki Haley’s long-shot 2024 presidential campaign.

Elon Musk has egg on his face

Even Wedbush analyst Daniel Ives, normally a relentless cheerleader for Tesla TSLA, called Elon Musk’s performance during the company’s earnings call on Wednesday a “train wreck.”

Medicare patients with highest COVID risks were less likely to get treatment, study finds 

Medicare patients who were at the highest risk of severe COVID-19 infections were less likely to get Paxlovid or other treatments, according to new research.

Norfolk Southern books another charge for Ohio derailment and misses on profit again

Shares of Norfolk Southern Corp. were hit hard Friday after the rail operator extended its streak of quarterly profit misses and booked yet another charge associated with the train derailment in East Palestine, Ohio, nearly a year ago.

Coinbase’s stock is controversial, but this new bull sees a 30% gain in store

Two analysts moved away from neutral stances on Coinbase shares this week — and they took opposite views.

Pending home sales post biggest jump since June 2020 as mortgage rates fall

U.S. pending home sales posted the biggest increase since June 2020, the National Association of Realtors said on Friday.

In a ‘grabby market,’ investors should start looking at cash and gold, says DoubleLine’s Gundlach

Jeffrey Gundlach said in an interview that he’s worried about a “grabby” market and he’s considering cash and likes gold.

Spirit Airlines’ stock tumbles after JetBlue warns merger may be terminated

Spirit’s stock plunged 16.4% Friday, while JetBlue shares gained 1.5%.
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