Polling data suggests Americans are conflicted about how to increase diversity in higher education without factoring race into the admission process.
Therese Poletti’s Tech Tales: Driverless cars are driving San Francisco crazy — ‘They are not ready for prime time’
The City of San Francisco is trying to rein in the growth of driverless cars and their problems. It may have to resort to legal action.
Crypto: Bitcoin holds above $30,000 as bulls look for next upside catalyst
Bitcoin’s price remains stable, despite a rough end to last week.
Futures Movers: Oil fails to hold gains scored after Saudi, Russia announced supply cuts
Oil futures end lower, erasing gains scored Monday after Saudi Arabia extends voluntary production cut through August and Russia announces export curbs.
The Ratings Game: Lucid stock sets a record win streak as a rising EV tide helps investors shrug off a Citi downgrade
Lucid’s stock surged to a sixth-straight gain Monday, as broad strength in the EV-maker sector helped distract investors from a downbeat analyst note.
The Ratings Game: Constellation Brands can get beer margins back to 40% without raising prices, analyst says
Corona beer distributor won’t need its input costs to come down or to raise prices, says Roth MKM’s Bill Kirk.
: As Prime Day nears, will the feds rain on Amazon’s parade yet again?
The FTC’s most recent charges against Amazon coincided with the company’s announcement of its Prime Day dates. Will the next seek to upstage the big event?
Banking: Wells Fargo hikes dividend more than other banks but banks hit pause button on stock buyback plans
Bank stocks start out the second half with gains as they update their dividend plans but remain mum on new stock buybacks.
Economic Report: Manufacturers contract for 8th month in a row, ISM finds, and are weakest since the pandemic lockdowns
A barometer of business conditions at American factories fell to the lowest level since 2020 when the U.S. was locked down during the pandemic.
Economic Report: Construction spending inches up, despite a sharp pullback in single-family construction
Construction spending rose 0.9% in May, the Commerce Department reported Monday.
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