The 2021 taxpayer bailout was followed by risk-taking and self-serving, says a new report
: Uber drivers say they’re ‘totally dependent’ on their income — but risk being deactivated at any time
‘I definitely see that I can’t build a future with this,’ says one longtime driver whose account was deactivated, and later reactivated, by Uber.
Earnings Results: Morgan Stanley’s stock falls despite target-topping earnings as bank builds up provision for credit losses
Bank increases is provision for credit losses by about 4x due to commercial real estate and ‘deterioration in the macroeconomic outlook.’
Key Words: Taylor Swift sidestepped FTX debacle with a simple question, lawyer says
An attorney leading a class-action lawsuit against 16 celebrity FTX ambassadors said Taylor Swift asked a savvy question that others didn’t.
The Ratings Game: Netflix delivers cliffhanger for investors as password-sharing crackdown is delayed
Netflix investors are playing a bit of a waiting game.
Metals Stocks: Gold ends lower but holds above $2,000 an ounce as dollar strengthens
Gold prices retreat on Wednesday as a stronger U.S. dollar weighs on precious metals.
Bond Report: Treasury yields rise after surging U.K prices revive inflation angst
Data from the U.K. shows inflation is proving to be sticky, causing a broad selloff in government bonds that is sending yields higher.
: Bed Bath & Beyond’s stock rallies toward longest win streak in 3 months as meme-like bounce continues
In a rally fueled by social-media speculation, shares of Bed Bath & Beyond are up more than 30% premarket after ending Tuesday’s session up 22.5%.
The Ratings Game: Western Alliance sparks rally in regional bank stocks with news its deposits are recovering
Western Alliance calms jitters about a run on its accounts with a $2 billion increase in deposits in April; Wedbush upgrades regional banks to outperform.
Deep Dive: DraftKings is among 14 stocks that stand out among online gambling companies and casinos
Gambling may already seem to be everywhere, but the rollout of legal online action hasn’t happened yet in California, Texas or Florida.
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