More than $220 billion has been placed on legal sports bets in the U.S. in the 5 years since the Supreme Court allowed states to offer regulated sports betting.
Lawrence G. McMillan: Stocks are stuck in a trading range, but watch the VIX for signs of a breakout
VIX and volatility are the market’s most bullish indicators now, writes Lawrence McMillan.
: Conservative think tank asks court to immediately halt student loan payment pause
It’s the latest challenge to the more than three-year freeze on student loan interest, payments and collections.
: Prescription-drug costs in spotlight as pharmacy benefit reform advances in Senate
Drugmakers, prescription-drug middlemen trade jabs over high cost of medications
MarketWatch First Take: Disney shows streaming wars are destroying all that was good about streaming
Walt Disney Co.’s disappointing results reveal ongoing issues with the streaming business and the impact of streaming wars, Therese Poletti writes.
The Ratings Game: AppLovin, Unity stocks soar as investors see mobile-ad market bottoming, but analysts are still cautious
AppLovin and Unity Software shares rallied Thursday after both app-monetization companies turned in better-than-expected results, but analysts were cautious.
: Think 6% mortgage rates are too high? Here’s how bad it could get if the U.S. defaults on its debt.
Zillow says a U.S. debt default would put the housing market in a ‘deep freeze.’
: Rivian, Lucid and Fisker navigate a ‘treacherous road’ as they struggle to match Tesla’s success
EV startups are discovering it’s difficult to ramp up production in the middle of economic uncertainty, lingering supply-chain worries and rising interest rates.
Commodities Corner: Silver, copper futures drop after ‘benign’ China inflation data
Silver futures suffer their largest one-day percentage loss in over three months and copper futures settle at their lowest since November as economic data from China dull demand prospects for the metals.
: Icahn stock renews skid as Hindenburg says latest company disclosure raises more questions about company debt, losses
Icahn’s partnership shares come under fresh pressure as Hindenburg says Icahn Enterprises hasn’t done enough to answer questions about margin loans and losses.
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