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Investing
US credit card balances see largest yearly leap on record
The resilient consumer has kept the US economic engine running, but it’s coming at a big cost: Americans are piling up record credit card…
Fish-flavored brandy, anyone? Be warned that it has a hint of ‘river funk’
Talk about a fishy bottle of booze. Tamworth Distilling, a producer of spirts based in Tamworth, N.H., is set to release a brandy flavored with smoked trout.…
S&P 500 and Nasdaq Composite notch longest streak of gains in two years
Wall Street gained Tuesday as the continued slide in Treasury yields helped propel stocks higher.
The S&P 500 index climbed…
What happened to solar stocks? Investors ‘pick up the pieces’ after a brutal earnings season
Things were looking up for the U.S. solar-power industry. The Inflation Reduction Act, the climate legislation that passed in August 2022, boosted the…
Execs ignored the damage Instagram does to teens, Meta whistleblower tells Congress
Meta’s top executives, including CEO Mark Zuckerberg, ignored warnings for years about harms to teens on its platforms such as Instagram, a…
Bank of America upgraded to market perform at KBW because ‘the fever broke’ around bond yields
Bank of America Corp. has drawn an upgrade to market perform from underperform at Keefe, Bruyette & Woods after “the fever broke” around higher bond…
This is the least affordable housing market since 1984. It’s getting worse
The last time America’s housing market was this unaffordable, Ronald Reagan was in the White House.
It now takes nearly 41% of…
Ripple leads way as most big cryptocurrencies post declines
Most large cryptocurrencies were down during morning trading on Tuesday, with Ripple
XRPUSD,
-4.65%
seeing the biggest move, declining 5.72% to…
More than 20 members of Congress send letter to UPenn over alleged failure to address antisemitism on campus
More than two dozen Republican members of Congress sent a letter to University of Pennsylvania President Liz Magill condemning the school’s…
Opinion: Uber is showing impressive maturity, but it may be growing up too fast
Uber Technologies Inc. took another step Tuesday in its evolution from a scrappy startup into a mature, profit-generating company, but it may be growing up…