Colleges have been preparing a new playbook for a nation that does not legally allow race-based admissions
: Supreme Court rules against affirmative action at universities
The U.S. Supreme Court on Thursday rules against race-conscious programs at universities, handing a win to a group opposing affirmative action in admissions.
: Largest investor in AMC’s APE stock sells again, cuts stake to below 10%
The largest investor in AMC Entertainment’s AMC Preferred Equity shares, known as APEs, keeps selling, as it has slashed its stake to below 10%.
The Ratings Game: C3.ai is ‘in the right place at the right time,’ but that may not propel stock further just yet
C3.ai Inc. needs to show “viral growth” before Oppenheimer’s Timothy Horan recommends ownership of the AI-software provider’s stock.
Metals Stocks: Gold falls toward $1,900 an ounce after Powell’s latest comments, to trade at lowest level since March
Gold prices fall toward key $1,900 mark on Thursday to trade at the lowest levels in since March as Federal Reserve Chair Jerome Powell’s recent comments weigh on the yellow metal.
Market Snapshot: Dow finishes 270 points higher as cyclical stocks lead, Nasdaq drags as Treasury yields rise
U.S. stocks finished higher on Thursday as the main indexes rallied into the close. Cyclical sectors like financials, materials and industrials saw the strongest gains, while higher Treasury yields dragged on the tech-heavy Nasdaq.
Economic Report: U.S. pending home sales fall but the housing market is in recovery mode
U.S. pending-home sales fell in May, the National Association of Realtors said on Thursday.
Banking: Wall Street upbeat on banks after ‘mostly positive’ Fed stress tests results
Analysts at Citi, Oppenheimer and Truist weigh in on Federal Reserve bank stress results, while J.P. Morgan Chase downgrades Citizens Financial.
: Will religious employees have to work on Sundays? Supreme Court ruling is expected soon.
For the first time in almost 50 years, the court could change the standard for how religious employees are treated at work
: Amazon Prime Day is coming in July. Here’s who else will be offering deals.
A new report says that months of thrift fatigue could result in a bigger appetite for spending next month.
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