Billionaire investor Ray Dalio says artificial intelligence will revolutionize business, but also carries big risks.
The Margin: After two non-binary performers win Tonys, are gender-based acting awards an ‘arbitrary distinction’?
“I think a change has to be made,” Alex Newell, the “Shucked” star who won best featured actor in a musical, told MarketWatch.
: West Coast ports still aren’t back to normal amid contract dispute, employers say
Labor tensions along the West Coast’s ports continued to play out in public over the weekend and on Monday.
: ‘This is something huge for us’: Food-delivery workers in New York set to earn $18 minimum wage next month
Uber, DoorDash and Grubhub are not pleased with the outcome, which they call “extreme” — while some worker advocates say the city fell short.
Earnings Results: Oracle says its AI customers want to buy more than $2 billion in cloud capacity
Shares of Oracle were up after hours on Monday after the IT and cloud infrastructure provider reported fiscal fourth-quarter results that topped expectations.
Market Extra: Why hotter-than-expected CPI on Tuesday may derail a Fed pause in June
Investors are awaiting the consumer-price index data due Tuesday, one day before the Federal Open Market Committee concludes its meeting on Wednesday.
The Big Move: My wife owns her mother’s home. It’s in terrible shape, so we want to sell. Can we avoid capital-gains tax?
‘She’s not in good health, and my wife wants to sell the property.’
Key Words: Goldman Sachs CEO David Solomon ‘surprised’ at U.S. economy’s resilience, says ‘it’s a period to be a little bit cautious’
David Solomon, CEO at Goldman Sachs Group, has been ‘surprised’ at the resilience of the U.S. economy over the course of the last year as the Federal Reserve aggressively tightened its monetary policy, according to his interview Monday with CNBC’s “Squawk on the Street” program.
: Novartis deal for Chinook makes kidney-treatment competitors more attractive, analysts say
Travere Therapeutics and Vera Therapeutics are also developing treatments for rare kidney disease
Market Extra: It’s a ‘bull market’ for stocks. Here’s what that means.
Here’s what it means when investors talk about bull and bear markets.
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