‘I don’t think the consumer is in trouble’: Debt is going up, but that doesn’t mean a recession is on the way
“The prospects for the economy and prospects for the stock market do not go hand in hand,” one economist noted.
As inflation bites, parents are borrowing more than ever to pay for college
The annual Sallie Mae report on how America pays for college does not signal good news for next year, either.
Lumen earnings give a glimpse of how new AI deals could impact the business
The telecommunications and fiber company now expects $1.0 billion to $1.2 billion in free cash flow for the full year, up from a prior outlook...
Healthy Returns: What drugmakers are saying about final negotiated prices with Medicare
Drugmakers appear to be less concerned about the impact of negotiated prices on their businesses in the short term. Meanwhile, health care heads to Hollywood.
Arsenal names Athletic Brewing as official nonalcoholic beer partner
The deal with the English soccer team represents an opportunity for America's largest nonalcoholic brewery to expand in the U.K.
Core Scientific surges 17% after latest CoreWeave announcement
Core Scientific shares climbed more than 17% on Tuesday as the bitcoin mining company announced new developments around its deal with artificial intelligence provider CoreWeave....
Six reasons a recession is unlikely
Recessions are rarely if ever easy to see coming. But there’s little reason to expect one now even after last week’s poor jobs report and...
Was the stock market’s 3% selloff Monday a ‘black swan’ event? Author Nassim Nicholas Taleb says no.
The S&P 500’s 3% pullback on Monday doesn’t meet the criteria to be considered a “black swan” event, said author Nassim Nicholas Taleb.
Fed rate cuts could prove to be a double-edged sword when it comes to inflation
A day after U.S. recession fears swept global financial markets, a few things became clear. One of them is that if the Federal Reserve actually...