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The Stock Market Barely Budged, but Don’t Let It Fool You—Earnings Season Is Going Swimmingly

Jennifer DuBois -
For the stock market, earnings represent the sum of all fears. But if they don’t play...
Business

Jeremy Grantham warns US house prices will drop, the S&P 500 could plunge 52%, and more banking problems may lie ahead

Jennifer DuBois -
Jeremy Grantham expects US house prices to slide over the next few years.The GMO cofounder sees the S&P 500 plunging as low as...
Business

Chile’s plan for state control in lithium dismays business

Jennifer DuBois -
SANTIAGO, Chile (AP) — The Chilean government’s newly announced plan to have the state take a majority stake in the lithium industry disconcerted...
Business

Stocks Are a Little Too Calm. Are You Ready for a Shakeup?

Jennifer DuBois -
Stocks Are a Little Too Calm. Are You Ready for a Shakeup? Source link
Business

Shockwave Medical Draws Interest From Boston Scientific

Jennifer DuBois -
(Bloomberg) -- Shockwave Medical Inc. is attracting takeover interest from Boston Scientific Corp. as health-care dealmaking starts to rebound, people with knowledge of...
Business

Mike Bloomberg is planning to leave his company to Bloomberg Philanthropies

Jennifer DuBois -
Mike Bloomberg, the billionaire founder of Bloomberg LP, plans to leave his media and financial information juggernaut to his charity, a spokesperson for...
Business

Alphabet CEO’s Pay Soars to $226 Million on Huge Stock Award

Jennifer DuBois -
(Bloomberg) -- The pay package awarded to Alphabet Inc. Chief Executive Officer Sundar Pichai soared to $226 million in 2022, boosted by a...
Business

PacWest Bancorp Explores Sale of Its Lender Finance Division

Jennifer DuBois -
(Bloomberg) -- PacWest Bancorp, a regional bank left reeling following the collapse of two rival lenders last month, is exploring a sale of...
Business

Better than feared first quarter earnings results will power the stock market to new highs, Fundstrat says

Jennifer DuBois -
Better than feared earnings results will power the stock market's ongoing rally, according to Fundstrat's Tom Lee.Of the near 20% of S&P 500...
Business

China’s Consumer-Led Growth Looks More Like a Bounce, Not a Recovery

Jennifer DuBois -
This past week, China posted first-quarter gross-domestic-product growth of 4.5%, up from the prior quarter’s 2.9%,...
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