Taiwan Semiconductor Manufacturing Co. rode the wind behind Nvidia Corp.’s record earnings on Friday.
The Margin: Barack Obama says being president was a ‘hoot’ 70% of the time. You can probably guess what he didn’t like.
The former president, whose new Netflix series ‘Working: What We Do All Day’ just dropped on Netflix, shared his own work stories during a recent live event.
Personal Finance Daily: Where did laid-off tech and media workers go and how the AI boom can affect your money and your career
Friday’s top personal finance stories.
: Yellen extends debt-ceiling deadline to June 5 as she urges Congress to act
Treasury Secretary Yellen said Congress must raise or suspend the U.S. debt ceiling by June 5 or risk a default, extending a previous deadline by a few days.
Market Extra: Is the U.S. stock market closed on Memorial Day?
The U.S. stock market is closed on Monday, May 29 for Memorial Day, as is the bond market. The trading session for bonds was truncated on Friday, ending early at 2 p.m. Eastern, ahead of the long holiday weekend.
The Fed: No sign of a credit crunch: Banks lend more money and deposits rise, too
Banks increased lending last week and deposits rose for the first time in a month, showing little evidence of an emerging credit crunch in the U.S. banking system.
The Ratings Game: Broadcom stock streaks to record high on hopes for Apple deal
Broadcom Inc. shares surged to new records and led gainers on the S&P 500 index Friday.
: The dark side of the weight-loss-drug craze: eating disorders, medication shortages, dangerous knockoffs
Teens and older adults at risk, say doctors and researchers, as Novo Nordisk’s Wegovy and Ozempic are hyped heavily online.
IPO Report: Cummins spinoff Atmus Filtration’s stock soars 14% in trading debut
Atmus makes products for commercial vehicles and agriculture, construction, mining and power-generation vehicles and equipment.
: More than 199,000 tech-sector employees have lost their jobs since the start of 2023
Global tech layoffs have increased almost eightfold since mid-January 2023.
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