U.S. credit card debt stands at a record of nearly $1 trillion. 5 moves to pay down your balance
Inflation and higher interest rates kept credit card debt at $986 billion at the start of 2023.
Biden to nominate cancer surgeon Monica Bertagnolli to lead National Institutes of Health
The NIH, which funds medical research, played a key role in developing the messenger RNA technology that underlies the Covid vaccine made by Moderna.
SpaceX hires former NASA human spaceflight official Kathy Lueders to help with Starship
Kathy Lueders represents a key hire for SpaceX as it aims to make its massive Starship rocket safe to fly people in the coming years.
Consumer debt passes $17 trillion for the first time despite slide in mortgage demand
The total for borrowing across all categories hit $17.05 trillion, an increase of nearly $150 billion, or 0.9% during the January-to-March period.
Jefferies says this small-cap gaming stock could almost double
Jefferies upgraded PlayAGS shares to buy from hold, citing brighter prospects of accelerating product momentum.
Fed’s Bostic casts doubt on rate cuts this year even if there’s a recession
Atlanta Federal Reserve President Raphael Bostic and Chicago Fed President Austan Goolsbee spoke Monday on CNBC’s “Squawk Box.”
How the New York City metro area’s slow legal weed rollout created a boom in ‘gray’ market cannabis shops
New York City’s rollout of adult-use marijuana has stalled as the heavily populated tri-state metro area looks to grow a completely new legal cannabis industry.
Loop Capital downgrades Alphabet, says A.I. proliferation could hurt the stock
Loop Capital analyst Rob Sanderson downgraded Google shares to hold from buy. The analyst said he believes shares have only 6% more upside from Friday’s close.
Baird says lithium stock Albemarle can surge more than 45%, cites pricing power
Baird analyst Ben Kallo upgraded Albemarle shares to outperform, citing the company’s position as a leader in the near- and longer-term.
