The crypto industry is assessing what to make of a crackdown by the U.S. Justice Department on crime on digital platforms.
Cannabis Watch: Ayr Wellness clears ‘cloud’ over company with moves to strengthen balance sheet
Small-cap cannabis company Ayr Wellness has increased its revenue as it opens more stores and defers debt payments in a push to strengthen its balance sheet.
: Americans are not paying off their credit-card debt. And, yes, should be concerned.
‘There’s really only one way that can go from here,’ one analyst said of the nearly $1 trillion of credit-card debt held by Americans.
: Retailers say theft cost nearly $100 billion last year. But are stores using crime stats to cover up other problems?
When REI said it would close a store in Portland, Ore. due to rising theft, it joined a chorus of other retailers raising bigger questions about crime.
The Conversation: War rooms and bailouts: How banks and the Fed are preparing for a U.S. default and the chaos expected to follow
Failure to raise the debt ceiling could trigger the worst global recession since the 1930s.
FA Center: Why market timers are concerned about the gap between the Dow transports and the Dow industrials
Dow Theory keys off the divergences between these two stock market averages.
Banking: House joint subcommittee hearing hammers CEOs and regulators over bank failures
Republican-led hearing focuses on possible missteps by the Federal Reserve and the Federal Deposit Insurance Corp. leading up to U.S. bank failures this year.
Deep Dive: 20 AI stocks expected to post the highest compound annual sales growth through 2025
AI is “the next new thing” in tech, but unlike other investment fads, this one seems likely to have staying power as it transforms many industries.
Market Extra: China’s reopening recovery is running out of steam and starting to worry financial markets
China’s reopening following three years of zero-tolerance COVID-19 policies is running out of steam, producing a worrisome development for financial markets.
: Biden expresses confidence on achieving debt-ceiling deal: ‘America will not default’
President Joe Biden gives a brief speech at the White House on Wednesday, as a divided Washington continues to work on making a deal on the U.S. debt ceiling.
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