AI hype is supportive of stock valuations, but cracks are emerging elsewhere, warns Schwab’s Sonders
Sonders said market churn and under-the-surface weakness could persist for a while.
How Eli Lilly is managing soaring demand for GLP-1s, according to outgoing CFO Anat Ashkenazi
Ashkenazi has been key to managing the windfall in revenue and wave of investor optimism from Eli Lilly’s diabetes injection Mounjaro and obesity drug Zepbound.
How immigrants are helping keep job growth hot while inflation cools
Recent spikes in immigration at the southern border and elsewhere in the U.S. have helped to keep the labor pool full, even as job gains kept apace.
Major heat wave to expand from Midwest to East Coast, bringing warnings to 72 million
‘The duration of this heat wave is notable and potentially the longest experienced in decades for some locations,’ the National Weather Service said.
Treasury yields tick higher as traders asses timeline of interest rate cuts
Minneapolis Fed President Neel Kashkari on Sunday said it was a “reasonable prediction” that there would not be an interest rate cut until December.
Treasury yields rise as traders assess timeline of interest rate cuts
Minneapolis Fed President Neel Kashkari on Sunday said it was a “reasonable prediction” that there would not be an interest rate cut until December.
Cocoa prices are soaring. Candy makers will need to get creative
Hershey, Mondelez, Mars and Ferrero are among the companies that will have to get creative to deal with soaring prices for cocoa, a key ingredient in chocolate.
Investors wonder if tech can keep lifting S&P 500 to records this summer as some cracks emerge
Markets are increasingly bifurcated lately.
Jared Kushner’s post-White House deal-making included badly timed bet on Amazon aggregator
Shortly after leaving the Trump White House, Jared Kushner was putting Saudi money to work across a host of businesses, including Amazon aggregator Unybrands.
