General Mills reported a drop in earnings for Q4 as consumers made fewer purchases. Some experts say the company’s high prices aren’t working anymore.
Market Extra: History shows stock market’s bullish momentum in the first half could spill over into the second half, but analysts are not so sure
The U.S. stock market closed out a historically robust first half of the year that saw the technology-heavy Nasdaq Composite post its best opening six-month in four decades despite numerous downside risks. Stock-market analysts remained cautious about what history tells us about markets moving forward.
The Ratings Game: SoFi stock falls, though Supreme Court ruling on student debt seen as ‘slight positive’
Analysts see some incremental benefits to SoFi from the striking down of Biden’s debt-forgiveness plan, though the outcome wasn’t very surprising.
Retirement Weekly: The stock market can’t live up to investors’ big expectations
Expecting your portfolio to beat inflation by 15.6% is wildly unrealistic
Retirement Weekly: I need some cash, can I borrow from my IRA?
IRAs give you complete freedom to get money whenever you want it. The tricky part can be the taxes.
: Biden turns to Higher Education Act for next move on student loans after Supreme Court rejects forgiveness plan
President Biden said he’ll focus on using the Higher Education Act to protect student-loan borrowers, after the Supreme Court blocked his forgiveness plan.
IPO Report: Like choosy shoppers at a retail store, IPO investors are demanding discounts and displaying price sensitivity
IPO investors, much like shoppers in the current inflationary environment, are demanding discounts, according to Renaissance Capital.
: AMC shares fall, while APE units rise as stock-conversion battle reaches Delaware Chancery Court
A key hearing in AMC’s push to convert APE units into common stock started Thursday at Delaware Chancery Court.
: ‘This fight is not over’: Advocates push Biden to use other tools to cancel student debt
For years, proponents of mass debt forgiveness have said the Higher Education Act gives the executive branch the authority to cancel student debt
: Republican presidential candidates praise Supreme Court for blocking Biden’s student-loan forgiveness, while Democrats blast ruling
Republican presidential hopefuls cheer Friday, as the Supreme Court overturns President Joe Biden’s plan to forgive a large swath of federal student loans.
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