Articles

The CrowdStrike chaos will happen again. Here’s why.

As tech companies get bigger, they create more “single points of failure” that can lead to cascading catastrophes across our connected world.

Alphabet’s stock falls as OpenAI teases ChatGPT search prototype

OpenAI calls its offering “temporary” and for a select group of users before the company builds the “best” features into ChatGPT.

Airline stocks snap back, heading for bullish ‘key reversal’ patterns

The sharp upward reversal in the Jets ETF and American Airlines’ stock were producing bullish chart patterns, that suggest new uptrends may have started.

Solving Social Security’s funding shortfall requires acknowledging uncertainty

One way to avoid repeated crises such as the one we are currently experiencing and to restore confidence in the financial stability of the Social Security program is for any package of solutions to include a mechanism that automatically adjusts revenues or benefits when shortfalls emerge.

This 401(k) bait and switch costs the average American worker $26,000

Vesting schedules hurt younger and lower-paid workers the most.

Real-estate manager CBRE rallies on earnings beat as New York office properties rebound

The company sees signs of stabilization as its office-advisory business reports revenue jump with a push from the Big Apple

Kroger, Albertsons agree to pause merger plans as Colorado trial progresses, state attorney general says

The state, like the federal government, has argued that the deal, which would combine two grocery-industry giants, would raise food prices, harm competition and reduce consumer choice

PCE to affirm inflation is slowing — but watch out for revisions

The most critical inflation gauge in the U.S. is likely to affirm price increases are slowing, but the June report might also contain a bit of unwelcome news.

Boeing’s 737 Max fines are stiff — but here’s who gets stuck with the bill

Stockholders pay the price when executives and directors choose profits over ethics.

Lineage IPO rises in busy day for stock debuts

Chilled-warehouse company raised $4.4 billion in the largest IPO so far this year.

The stock market’s cruel summer is about to get much worse

Bears control the S&P 500 now. Plus: This small stock trades like it could have big news.

Wealthier people aren’t splurging the way they used to. ‘They are losing steam.’

People who make over $100,000 are finally joining the cutback club, new data show.
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