The Supreme Court is expected to issue its ruling on the Biden administration’s student loan forgiveness plan this month. Anticipation for the ruling is high.
SEC says PIMCO to pay $9 million to settle alleged disclosure and procedure violations
The SEC said PIMCO will pay $9 million to settle enforcement actions related to disclosure and procedure violations.
UPS workers vote to authorize strike while cheering unexpected progress on heat safety
The decision, with 97% of ballots in favor, clears the way for a potential work stoppage as soon as Aug. 1 and comes days after a tentative deal on new cooling measures that workers hailed as a big step forward in contract talks.-
Auto insurers are raising rates, even as car prices ease. ‘The pandemic has been really disruptive to the auto repair business,’ economist says
Auto insurance has among the highest inflation rates of any consumer good or service. Insurers have juiced premiums to compensate for losses.
Trump lawyer who quit classified documents case withdraws from $475 million CNN defamation suit
Jim Trusty, who just quit Trump’s team in the Mar-a-Lago classified documents case, cited “irreconcilable differences” with the ex-president in the CNN suit.
Stocks making the biggest moves midday: Virgin Galactic, iRobot, Cava, SoFi and more
These are the stocks posting the largest moves in midday trading.
Grizzlies star Ja Morant suspended for 25 games after latest gun video
NBA star Ja Morant was suspended for 25 games after a second video of him wielding a gun surfaced.
FDA advisors raise doubts about seasonal updates to Covid vaccines as with flu shots
The panel’s concerns push back against the FDA’s proposed shift to annual Covid shots — an approach that vaccine makers like Pfizer are already preparing for.
The reshoring boom is stoking demand for robotics. Here are the stocks poised to benefit
Companies have turned to automation and robotics amid a surge in reshoring. Analysts have named these stocks as beneficiaries in the trend.
Today is the day stock options and index futures expire, so expect a lot of volume
The effect of triple witching has been greatly reduced due to the growth of weekly and monthly options that have diluted the effect of quarterly expiration.
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