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The Motley FoolMay 16, 2024
1 Wall Street Analyst Thinks Sea Limited Stock Can Reach $87. Is It a Buy at About $68?
Despite Sea Limited's soaring cash flow, its shares are trading at a reasonable price.

RELATED ARTICLES
Forget Nvidia: 3 Semiconductor Stocks to Buy Instead (Yahoo Business)

CNBC BusinessMay 16, 2024
United Airlines says FAA cleared it to add new aircraft, routes after safety review
United Airlines said in March that the FAA was stepping up its review of the airline after a series of safety incidents.

RELATED ARTICLES
United States: Philadelphia Fed Survey (Dismal.com: Indicators)
With flyers more distracted than ever, United rolls out a rebooted safety video (NPR Topics: Business)

Inc.comMay 16, 2024
Walmart and Other Retail Earnings Show Inflation Still Pushing Consumers to Seek Deals
Low prices drive consumers to shop at the big box chain, while fewer people are buying fancy coffees or taking on home improvement projects, as Starbucks and Home Depot report sales declines.

RELATED ARTICLES
The U.S. released inflation data early — and no one in the market noticed (MarketWatch)

Yahoo BusinessMay 16, 2024
Dow Jones Touches 40,000, Walmart Up 6% On Big Earnings; New Warren Buffett Stock Soars


RELATED ARTICLES
Dow rises above 40,000 for the first time as bull market gains steam: Live updates - CNBC (Google Business News)

Google Business NewsMay 16, 2024
2024 PGA Championship TV schedule, coverage, live stream, where to watch online, channel, golf tee times - CBS Sports
2024 PGA Championship TV schedule, coverage, live stream, where to watch online, channel, golf tee times  CBS SportsPGA Championship starts Thursday in Louisville: Notes  WLKY LouisvillePGA Championship live coverage: How to watch the 2024 PGA on Thursday  Golf.comLynch: One LIV Golf player doesn't belong at Valhalla. Which one?  GolfweekPGA Championship picks, odds: Best bets to win at Valhalla in 2024?  Courier Journal

RELATED ARTICLES
Where Will Roku Stock Be in 3 Years? (The Motley Fool)

MarketWatchMay 16, 2024
Oil prices rise, find support from post-CPI relief rally and fall in U.S. supplies
Oil futures climb Thursday, extending a relief rally sparked by data showing a slowdown in key U.S. inflation data, which raised the prospects for interest-rate cuts this year.

Dismal.com: IndicatorsMay 16, 2024
United States: Import and Export Prices


MarketWatch Breaking NewsMay 16, 2024
Under Armour's stock buoyed as reinstalled CEO pledges to return focus to men


RELATED ARTICLES
Under Armour Stock Dives. It Isn't About Earnings. (Yahoo Business)

Yahoo BusinessMay 16, 2024
Walmart stock pops after earnings beat, retailer surpasses $500 billion in market cap


FT.com - Financial MarketsMay 16, 2024
Why Biden's China tariffs are more bark than bite
Also in today's newsletter, how another Trump administration could reshape the energy outlook

RELATED ARTICLES
China's Xi Jinping rolls out red carpet for close friend Putin in strong show of unity - CNN (Google Business News)

Google Business NewsMay 16, 2024
GameStop, AMC slide further as meme stocks rally tapers off - Reuters
GameStop, AMC slide further as meme stocks rally tapers off  ReutersGameStop, AMC short sellers double down even with stock swings  Fox BusinessGME, AMC Fall As Meme Rally Loses Steam; Robinhood Gets A Boost  Investor's Business Daily'Someone played this beautifully': Why one expert is suspicious of the latest meme-stock revival  Yahoo FinanceHow bad bets on meme stocks led to a $1 billion wipeout  CNN

RELATED ARTICLES
Stocks making biggest moves premarket: Under Armour, Walmart, AMC, GameStop, Canada Goose and more (CNBC Finance)

CNBC BusinessMay 16, 2024
Walmart surges to all-time high as earnings beat on high-income shopper, e-commerce gains
Walmart, the nation's largest retailer and private employer, is often seen as a bellwether for the U.S. economy and saw sales jump 6% in the quarter.

Yahoo BusinessMay 16, 2024
Alphabet Just Announced Spectacular News for Nvidia Stock Investors


RELATED ARTICLES
Mysterious origin of the "tree of life" revealed as some of the species is just decades from extinction - CBS News (Google Business News)

Google Business NewsMay 16, 2024
PGA Championship 2024 live updates: Xander Schauffele tops leaderboard - USA TODAY
PGA Championship 2024 live updates: Xander Schauffele tops leaderboard  USA TODAYThursday PGA weather: A dry, warm start to the tournament - fog prompts delay  WLKY LouisvillePGA Championship gets underway in Kentucky  Yahoo! VoicesPGA Championship live coverage: How to watch the 2024 PGA on Thursday  Golf.comPGA Championship 2024: How they determine the 36-hole cut at Valhalla  GolfDigest.com

Google Business NewsMay 16, 2024
Billionaires Jamie Dimon and Ray Dalio sound the alarm on soaring US government debt - CNN
Billionaires Jamie Dimon and Ray Dalio sound the alarm on soaring US government debt  CNNJamie Dimon Sees 'Lot of Inflationary Forces in Front of Us'  BloombergBridgewater founder Ray Dalio warns of danger of US debt to Treasury market  Financial TimesJamie Dimon urges the U.S. to deal with its deficit sooner rather than later  CNBCJPMorgan's Jamie Dimon says US needs to act on its deficit  Fox Business

RELATED ARTICLES
Bridgewater founder Dalio warns of danger of US debt to Treasury market (FT.com - Hedge Funds)

MarketWatch Breaking NewsMay 16, 2024
Benchmark U.S. mortgage rates hit lowest levels in a month


RELATED ARTICLES
Mortgage rates fall to the lowest level in a month, but ‘home buyers are still feeling the pressure' from high home prices (MarketWatch)

MarketWatchMay 16, 2024
Fed's Barkin says consumers are driving inflation. Here's what they're willing to pay more for.
The service sector "has changed their view" and believes consumers will accept higher prices and are going to raise them until households balk.

Google Business NewsMay 16, 2024
White House to Republicans: You're not getting audio of Biden's interview with Hur - POLITICO
White House to Republicans: You're not getting audio of Biden's interview with Hur  POLITICOBiden Asserts Executive Privilege in Fight Over Recording of Special Counsel Interview  The New York TimesVideo Biden asserts executive privilege to prevent release of special counsel interview  ABC NewsWhite House says Hur tapes are privileged as Congress moves to hold Garland in contempt  The Washington PostBiden asserts executive privilege over Hur audio files ahead of House contempt proceedings against Garland  CNN

Automotive News Breaking NewsMay 16, 2024
U.S. Supreme Court backs consumer finance watchdog agency's funding mechanism
Many conservatives and their Republican allies have portrayed the CFPB as part of an overbearing "administrative state," the network of agencies responsible for the array of federal regulations affecting businesses and individuals.



Google Market NewsMay 16, 2024
Investing in Space: Boeing inches closer to Starliner launch - CNBC
Investing in Space: Boeing inches closer to Starliner launch  CNBCHistoric Starliner crewed launch attempt delayed again due to helium leak in Boeing spacecraft  CNNLaunch Roundup: Starliner delays second launch attempt; Falcon 9 to launch first batch into new spy constellation - NASASpaceFlight.com  NASASpaceflight.comNASA Starliner rocket launch in Florida: Treasure Coast spots to see it  TCPalmHelium leak delays Starliner crewed test flight  SpaceNews

The Motley FoolMay 16, 2024
What Nvidia, Oracle, and Dell Stock Investors Should Know About Recent Artificial Intelligence (AI) Updates
Can Nvidia meet investors' expectations in its upcoming earnings?

Yahoo BusinessMay 16, 2024
Seeking 12% Dividend Yield? Analysts Suggest 2 Dividend Stocks to Buy


Washington Post BusinessMay 16, 2024
Supreme Court rejects broad challenge to consumer watchdog CFPB
The Biden administration urged the Supreme Court to reject an appeals court decision that cast doubt on Congress's authority to decide how to fund an agency.

Google Business NewsMay 16, 2024
Biden moves to block release of audio of his classified documents interview with special counsel Hur - NBC News
Biden moves to block release of audio of his classified documents interview with special counsel Hur  NBC NewsBiden Asserts Executive Privilege in Fight Over Recording of Special Counsel Interview  The New York TimesBiden Rejects Republican Request For Audio Of Special Counsel Interview  Barron'sBiden asserts executive privilege over Hur audio files ahead of House contempt proceedings against Garland  CNN

Inc.comMay 16, 2024
Inflation-Weary Viewers Boost Netflix Ad-Supported Discount Subscriptions
The video streaming company more than doubled viewers of its cheaper offer with ads in its content since January, and plansto boostrevenueby starting its own ad serving platform.

The Motley FoolMay 16, 2024
1 Concerning Number From Warren Buffett's Annual Shareholder Meeting That Should Raise Flags for Investors
The markets have been hot this year and investors could use a little bit of fear right about now.

RELATED ARTICLES
Nvidia Stock's Next Big Catalysts Could Come on May 22. Should You Buy Shares Before Then? (Yahoo Business)

Entrepreneur.comMay 16, 2024
Should Boeing's CEO Get a 45% Pay Raise for a 45% Failure? Inside His Controversial $32.8 Million Pay Package.
Boeing CEO David Calhoun's leadership has resulted in financial struggles and dissatisfied workers — and a proposed $32.8 million pay package as he walks out the door.

Yahoo BusinessMay 16, 2024
Warren Buffett's Berkshire Confirms Apple Sale, Dumps This PC Maker, Finally Reveals Mystery Stock: Here Are The Portfolio Changes To Know


Google Market NewsMay 16, 2024
Black holes observed colliding when universe was only 740m years old - The Guardian
Black holes observed colliding when universe was only 740m years old  The GuardianWebb telescope uncovers earliest known merger of two massive black holes  PBS NewsHourJames Webb Space Telescope spots most distant and oldest black hole collision ever seen (video)  Space.comWebb detects most distant black hole merger to date  European Space AgencyMerger of massive black hol

Entrepreneur.comMay 16, 2024
Warren Buffett Finally Reveals What Mystery Company Got a $6.7 Billion Investment from Berkshire Hathaway
Berkshire Hathaway purchased over 26 million shares of the insurance giant, Chubb.

Yahoo BusinessMay 16, 2024
A 63-year-old working 2 jobs is worried about retirement. She says she's been overeducated and underpaid her entire career.


Yahoo BusinessMay 16, 2024
Deere Q2 results top Street but it cuts 2024 profit outlook again as farmers buy fewer tractors


MarketWatchMay 16, 2024
Import prices post biggest increase in two years, adding to U.S. inflation pressures
The cost of imported goods rose in April for the fourth month in a row and increased at the fastest pace in two years, reflecting the persistence of elevated U.S. inflation.

CNBC BusinessMay 16, 2024
Under Armour is laying off workers as retailer says North America sales will plunge this year
Sales in Under Armour's largest market in North America are falling as inflation weary consumers pull back on new clothes and shoes.

Yahoo BusinessMay 16, 2024
Deere cuts 2024 profit forecast as sliding farm income stifles demand


Inc.comMay 16, 2024
Airlines Bill to Boost Safety and Guarantee Automatic Refunds for Delays and Cancellations Passed by Congress
The $105 billion measure renews Federal Aviation Administration rules that require carriers to automatically give passengers refunds if flights are delayed or canceled. President Biden is expected to sign it soon.

Washington Post BusinessMay 16, 2024
Federal government work if you speak more than one language
One of five common questions for jobseekers looking for a job in the federal government- which agencies need people who speak more than one language?

RELATED ARTICLES
Do I need a college degree to work in the federal government? (Washington Post Business)
How to find an internship in the federal government (Washington Post Business)

NPR Topics: BusinessMay 15, 2024
Inflation eased and the stock market rallied in April
Consumer prices in April were up 3.4% from a year ago — a smaller annual increase than the month before.

Dismal.com: IndicatorsMay 15, 2024
United States: Moody's Analytics Commercial Real Estate Price Index


Entrepreneur.comMay 15, 2024
CPI Report: Inflation Fell Slightly, But Rising Home and Gas Prices Are Keeping It Steady
Food prices stayed the same between March and April.

NYTimes BusinessMay 15, 2024
Inflation Moderated Slightly in April, Offering Some Relief for Consumers
Prices rose 3.4 percent in April from a year earlier, a slight easing from last month and a positive sign for the Federal Reserve.

RELATED ARTICLES
CPI report shows inflation easing in April, with consumer prices still rising 3.4% from a year ago (CNBC Economy)

Yahoo BusinessMay 15, 2024
An elite hedge fund bought 1 million GameStop shares before the meme stock's 400% surge


MarketWatchMay 15, 2024
Netflix hits 40 million active users for ad tier, putting it closer to the big leagues for advertisers
Netflix Inc. on Wednesday reported a big jump in demand for its streaming-with-ads plan, and it said it would broadcast more NFL Christmas Day games in the years ahead, as it tries to pull ahead of an industry navigating issues with cable cord-cutting and online consumption.

Yahoo BusinessMay 15, 2024
PayPal Is Struggling: Here's What Its New CEO Finds "Unacceptable"


Entrepreneur.comMay 15, 2024
Netflix Is the New Home for Christmas Day NFL Games
The NFL is set to release the rest of its full regular season 2024 schedule at 8 p.m. EST Wednesday.

MarketWatchMay 15, 2024
Nio's stock skids, even though new U.S. tariffs on China EVs aren't a concern
Shares of Nio Inc. pulled a U-turn to trade sharply lower Wednesday, wiping out the bulk of their gains made in the wake of the Biden administration's new tariffs on electric-vehicle imports from China.

RELATED ARTICLES
Biden's EV tariffs may not be enough to stave off the threat of Chinese vehicles in the U.S. (CNBC Business)

MarketWatchMay 15, 2024
AMC's stock tumbles on news company will issue 23.3 million of shares in debt-for-equity swap
Move, along with a recently completed at-the-market offering, should reduce net leverage for the indebted cinema operator by about 10%, says B. Riley analyst.

Entrepreneur.comMay 15, 2024
The Best Hires Often Have No Experience At All. Here Are 6 Unconventional Traits This CEO Looks For When Hiring The Best Person For The Job.
Experience counts for a lot when hiring, but don't forget about these unconventional traits, which are often key to determining an employee's success in an organization.

MarketWatchMay 15, 2024
GM's Cruise to pay at least $8 million to woman hit by robotaxi: reports
Cruise, the self-driving-vehicle unit of General Motors Co., has reportedly reached a settlement for between $8 million and $12 million with a pedestrian who was struck and severely injured by one of its robotaxis last year.

NPR Topics: BusinessMay 15, 2024
Egg and milk prices fall, fueling hope for interest rate cuts
Inflation eased last month, according to a report Wednesday from the Labor Department, which means people feeling stretched by high prices and high borrowing costs could feel a little relief soon.

Entrepreneur.comMay 15, 2024
Anyone Can Try the Simple Strategy That One Billionaire Investor Used to Make His First Million Dollars Tax-Free
Peter Thiel did it, famously, and you can too.

Dismal.com: IndicatorsMay 15, 2024
United States: Cox Automotive/Moody's Analytics Vehicle Affordability Index


RELATED ARTICLES
United States: NAHB Housing Market Index (Dismal.com: Indicators)

Automotive News Breaking NewsMay 15, 2024
GM's Cruise pays more than $8 million in robotaxi settlement
GM's Cruise will pay more than $8 million in the robotaxi settlement. 



Forbes HeadlinesMay 02, 2024
Big Student Loan Servicing Upheaval Will Impact Forgiveness, Repayment For Millions
These student loan servicing changes will have major impacts for millions of borrowers seeking loan forgiveness or just making their payments. Here's a breakdown.

Dismal.com: AnalysisApr 11, 2024
Assessing the Impact of Low Survey Response Rates on the Monthly Jobs Report
Fewer businesses are responding to employment surveys, raising questions about the accuracy of estimates.

Knowledge@WhartonJan 30, 2023
The CEO's Path to the Top: How Times Have Changed
In a new study that compares Fortune 100 executives in 1980 with their counterparts in 2001 Peter Cappelli director of Wharton's Center for Human Resources and colleague Monika Hamori document what many CEOs and other senior managers have no doubt already witnessed: The road to the executive suite and the characteristics of the executives who get there have changed significantly over the last two decades. Among the researchers' findings: Today's executives are younger more likely to be female and less likely to have Ivy League educations. They get to the executive suite faster than ever hold fewer jobs along the way spend about five years less in their current organization before being promoted and are more likely to be hired from the outside.
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KiplingerSep 23, 2022
Stock Market Today: Dow Plummets 486 Points, Nears Bear Market
The stock market took another step lower Friday, as Treasury yields continued to rise to levels not seen in over a decade. 

Today's drop brought the Dow below the important 30,000 mark and this close to bear-market territory, which is defined as a 20% drop from the most recent high (or its Jan. 3 peak at 36,585.06, in this case). The blue-chip index is the only one of its major market peers to have not crossed that threshold (the Nasdaq, remember, entered a bear market on March 7, and the S&P 500 on June 13).

SEE MORE 10 Dividend Growth Stocks Delivering Impressive Increases "Financial markets are now fully absorbing the Fed's harsh message that there will be no retreat from the inflation fight," says Douglas Porter, chief economist at BMO Capital Markets. "The steep back-up in global rates further bludgeoned stocks, resource prices, and commodity currencies this week, given mounting recession odds," he added.

While yields on government bonds came off their earlier highs, they are still hovering at levels not seen in over 10 years (2011 for the 10-year note and 2007 for the two-year). Specifically, the 10-year Treasury yield hit a session peak of 3.829% before settling at 3.695%, while the 2-year Treasury yield climbed as high as 4.27% before ending at 4.201%. 

Sign up for Kiplinger's FREE Investing Weekly e-letter for stock, ETF and mutual fund recommendations, and other investing advice.

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