In addition to strong earnings, Eli Lilly’s prospects were brightened by encouraging trial results from its obesity-drug competitor Novo Nordisk.
Soft landing vs. mild recession: What advisors are telling their clients about the economy
After more than a year of gloomy forecasts for the U.S. economy, some experts have backed off recession predictions. Here’s what financial advisors say.
These stocks had the biggest earnings surprises because of A.I.
RBC Capital Markets is praising some companies that experienced the biggest profit surprises due to AI in the second-quarter earnings season.
New data shows Tesla could have a China problem, Bank of America says
The firm reiterated its neutral rating on shares, saying the sales drop may continue until a new lower-priced model is introduced in 2025 or 2026.
Ohio voters reject GOP effort to cripple abortion rights amendment
A GOP-backed effort to make it more difficult to amend the constitution failed ahead of a fall referendum to enshrine abortion rights in Ohio.
Bitcoin rises from a two-week trading lull as Moody’s downgrade hits U.S. banking sector
Bitcoin rose in opposition with the market after the crypto failed to move more than 1% in either direction for 14 straight days.
FTX founder Sam Bankman-Fried still faces campaign finance charges, prosecutors say
Federal prosecutors said Tuesday that they are still planning to charge FTX founder Sam Bankman-Fried with campaign finance violations.
Goldman Sachs says chief of staff John Rogers to step back from longtime role
The move comes at a key time for Goldman CEO David Solomon, who has endured criticism over a failed consumer banking effort, his DJ hobby and other missteps.
Former Biden and Clinton advisor to chair Democratic National Convention in Chicago
New members of the Democratic National Convention leadership team reflect the DNC’s commitment to the Biden-Harris campaign.
These 7 companies hire remote workers and help pay off student debt
Companies that offer student loan assistance on top of remote work may be especially appealing to some people.
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