A roughly $1 trillion deluge of debt-ceiling Treasury issuance is expected to start flowing later this week. Will it derail stocks? Here’s a chart showing the performance of markets in past periods of heavy supply.
: Affirm’s stock roars higher after expanded Amazon rollout
Shares of Affirm were flying 13% higher in Wednesday trading after the buy-now-pay-later operator saw its relationship with Amazon grow.
: Lionel Messi to join MLS’s Inter Miami, reports say
World Cup champion Lionel Messi is set to join Major League Soccer’s Inter Miami.
: Visa, Mastercard stocks dip as Congress takes renewed aim at credit-card fees
Congress is taking another stab at regulating the card giants, and that’s weighing on their shares even amid some doubts that the newest efforts will succeed.
: GameStop’s stock rallies as options traders prep for a big post-earnings move
GameStop’s stock rocketed 35% the day after the last quarterly report and has averaged a gain of more than 13% after the past five reports.
Economic Report: Homeowners are upbeat about the housing market — for one reason only
It sure feels like a great time to sell, but not to purchase a home, consumers said in a recent Fannie Mae poll.
Key Words: Martha Stewart says she’s opposed to remote work: ‘Should America go down the drain?’
The lifestyle icon sounded off on the subject in a recent interview.
: Canadian wildfire smoke clouds some Global Running Day plans
Running clubs like the New York Road Runners are suggesting areas impacted by the wildfire smoke consider postponing events until the air quality is safer.
Key Words: AI community is ‘making a terrible mistake’ in hyping the tech, says Citadel’s Ken Griffin
The AI community may regret its early hype around the technology, billionaire investor Ken Griffin warned.
The Moneyist: ‘I worry about outliving my money’: I’m a 65-year-old widow in good health. Should I wait until 70 to collect my pension?
‘Both my parents lived until their early 90s.’
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