Reports of a recession have been greatly exaggerated, writes Michael Brush.
Revolution Investing: Semiconductor companies are in denial about potentially losing their biggest customers
Makers of computers, smartphones and other products are designing semiconductor chips in-house.
The Moneyist: ‘We have different values’: My husband took out a $50,000 car loan. What about spending money on our kids?
“We have two young kids. They’re at the age when we should be sending them to extracurricular classes or camps that they are interested in.”
Need to Know: Nike’s no longer a buy after broker finds 9 in 10 with student debt worried about expenses
Jefferies did a survey on consumers facing student loan repayments. They found 90% are worried they won’t meet expenses, and that means trouble for retailers like Nike, Urban Outfitters and Foot Locker.
The Moneyist: ‘Have we made a terrible mistake?’ My brother put our names on the deed to our 88-year-old mother’s home. What should we do?
‘The home is paid for in full, and she purchased it around 1995.’
: Amazon to invest up to $4 billion in AI startup Anthropic and become minority shareholder
Amazon is aiming to accelerate the development of its future foundation models and make them accessible to customers of its cloud business, AWS.
Bond Report: 10-year Treasury yield sees highest close since 2007
Long-end Treasury yields establish fresh multiyear highs as traders continue to absorb the higher-for-longer theme for interest rates in the U.S. and abroad.
Market Snapshot: Stocks post their first gains in five sessions, shaking off rising yields
Stocks eke out their first gains in five sessions after uneven trading, but remain on track for a losing September as investors fret over rising bond yields.
Movers & Shakers: Paramount Global and Netflix stock boosted by possible end to writer’s strike as Nike shares slip on downgrade
Paramount Global, Netflix, Foot Locker and Nike were stocks in the spotlight.
NerdWallet: What to do if you get ghosted by a vacation rental host
Ghosting is a challenge facing the ever-growing list of peer-to-peer travel platforms—and they don’t all have the customer support needed to make you whole.
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