Small-cap stocks are lagging in 2024, but investors shouldn’t avoid them, says portfolio manager
Julie Biel, chief market strategist at Kayne Anderson Rudnick, said small and mid caps are “part of a balanced diet” for investors.
Ford sales edge 1% higher in the second quarter, led by trucks
Ford truck sales of 308,920 vehicles marked the company’s best second-quarter performance for the vehicle category since 2019.
Private payrolls grew by just 150,000 in June, less than expected
Companies added 150,000 jobs for the month, below the upwardly revised 157,000 in May and the Dow Jones consensus estimate for 160,000.
United Airlines is texting travelers live weather maps to explain flight delays
Even when it’s bright and sunny, a thunderstorm hundreds of miles away can still disrupt flights.
AI drive-thru ordering is on the rise — but it may take years to iron out its flaws
Artificial intelligence is closer than ever to taking down drive-thru orders, but fast-food restaurants like McDonald’s show that the tech still needs time.
Concerns grow over gambling addiction in the military
Diagnoses of pathological gambling disorders among servicemembers and veterans is soaring, according to the Department of Veterans Affairs.
FDA approves Eli Lilly Alzheimer’s drug, expanding treatment options in the U.S.
It’s a long-awaited win for Eli Lilly after donanemab faced several delays in its path to the market, including an initial rejection from the FDA last year.
RBC raises S&P 500 year-end target, but strategist says she’s nervous about it
The firm increased its S&P 500 year-end target to 5,700 from 5,300, but cautioned that it was “a nervous raise.”
Trump Media announces $105 million raised from DJT warrants
Shares of Trump Media had dropped sharply after whipsawing on the day after former President Donald Trump’s first debate with President Joe Biden.
Powell says Fed has made ‘quite a bit of progress’ on inflation but needs more confidence before cutting
“We’ve made quite a bit of progress and in bringing inflation back down to our target,” Powell said at a central banking forum in Sintra, Portugal.
