Inflation expectations are rising, and that gives stock investors a good reason to worry.
Key Words: Comcast is ‘more likely than not’ to sell Hulu stake to Disney next year, CEO says
The Hulu ownership saga between Walt Disney Co. and Comcast Corp. looks ever more likely to end with the most logical conclusion.
The Tell: Why stock-market bears are inadvertently supporting a rally despite some bad news
The U.S. stock market has been doing surprisingly well in 2023 despite all the negative news on the financial markets. Why it has failed to drop on bad news.
TaxWatch: IRS will launch free tax-filing pilot in 2024. TurboTax, H&R Block and Republicans are opposed.
The IRS will receive $80 billion in funding over the next decade. Of that, Congress earmarked $15 million to study an IRS free tax-prep service.
Commodities Corner: Here’s what might lead to a spike in gasoline prices this summer
Retail gasoline prices have been falling for a month and may have already seen their peak for the year, but the potential for a “higher high” at the pump remains as drivers head into the summer driving season.
: Blue Apron’s stock soars on news of deal that eases funding pressures
Blue Apron has made a deal with a third party that will remove near-term funding concerns.
The Ratings Game: ‘Less ugly’ PC market could turn around by end of year as AMD and Intel shed inventory: analyst
After record PC sales driven by the COVID-19 pandemic led to an oversupply of chips, one analyst expects a return to normal by the end of 2023.
Market Extra: ‘Survival of the strongest’: How pandemic-era shifts may upend market’s recession narrative
It wasn’t the relatively small size of the rebound in April’s U.S. retail sales report that mattered to markets on Tuesday, as much as the rebound itself.
: SVB bank run could have been a ‘coordinated’ effort by short sellers, says Republican congressman
Rep. Davidson has requested that bank regulators investigate whether the run on deposits at Silicon Valley Bank was orchestrated by short sellers.
: Senators grill SVB, Signature Bank CEOs for putting profits ahead of shareholders and depositors in collapse
Elizabeth Warren and other Senate Banking Committee members talk up a measure to study bank CEO pay clawbacks.
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