WeWork’s bond prices fell about 63% on Wednesday, even after 10 days of selling ahead of the once high-flying company’s latest quarterly loss.
: Green Thumb Industries posts another profit as CEO channels Warren Buffett
Green Thumb CEO Ben Kovler, who heads one of the only profitable cannabis companies, draws inspiration from the Oracle of Omaha.
The Tell: Do CPI days still rock the stock market? How 2023 stacks up to 2022
The consumer-price index sparked big stock-market gyrations in 2022. Here’s how 2023 compares.
Deep Dive: Rivian, Lucid and XPeng make the list of 20 EV companies expected to grow sales most quickly through 2025
A screen of stocks in industries related to EVs and autonomous driving highlights companies expected to grow most quickly from elevated 2023 baselines.
Market Extra: July CPI to come in close to expectations as U.S. settles into final mile along the road to lower inflation, traders say
The financial market’s savviest inflation traders are bracing for Thursday’s release of the consumer price index for July to reaffirm that U.S. inflation remains on a rocky road toward 2% in the months to come.
: China’s Country Garden misses interest payments, bonds fall, raising fresh fears for property sector
China’s biggest property developer, Country Garden, defaulted on interest payments on dollar-denominated debt with a face value of $1 billion.
Brett Arends’s ROI: 401(k) hardship withdrawals jumped 36% in the second quarter
The number of people making ‘hardship’ or emergency withdrawals from their 401(k) plans is soaring.
: Inflation in Argentina is running at 150%. Are there lessons for the U.S.?
Inflation is running at 150% in Argentina. Economists there shared some insights as Americans grapple with 4.8% inflation.
Key Words: Pope Francis calls for ‘ethical reflection’ on AI
The pontiff issued a warning on AI technologies on Tuesday, saying they are ‘endowed with disruptive possibilities.’
Earnings Results: Roblox’s stock slides as losses expand, bookings come up short
The gaming company fell short of bookings expectations for the second quarter and saw its losses swell.
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