Outside the Box: The dreaded recession hasn’t arrived, but higher inflation will be sticking around
Cash is likely to be a long-term, dependable income-producing asset, economist Blu Putnam writes.
: Nikola’s stock drops nearly 2% after EV maker fails to secure shareholder support for new-stock plan
Shares of Nikola Corp. NKLA fell almost 2% in the extended session Thursday after the EV maker said it adjourned its shareholder meeting until Aug....
: Birkenstock owner considers ‘options’ for business, including IPO: report
Private-equity firm L Catterton is considering strategic options for iconic German sandal maker Birkenstock, including a potential initial public offering, Bloomberg reported Thursday, citing people...
: Mallinckrodt open to proposed transactions as it struggles to pay opioid settlement; stock rallies
Mallinckrodt PLC MNK shares surged in the extended session Thursday after the Dublin-based drug maker and distributor said it was open to proposed transactions as...
Living With Climate Change: The cost of extreme heat in the U.S.? 235,000 ER visits and $1B in health-care bills just this summer
A jump in costly ER visits and longer-term health impacts could worsen as climate change makes record-busting heat waves more common.
The Tell: Fed’s ‘quantitative tightening’ was supposed to sink stocks and the economy. It may be boosting them instead, analyst says.
The Federal Reserve's efforts to undercut an overheating U.S. economy by draining liquidity from the financial system may be having the opposite of their intended...
: Elon Musk says ‘cheating’ not OK as his lawyer accuses Meta of stealing trade secrets for Threads
Elon Musk lands the first jab on his fight with Meta Platforms Inc.'s Twitter lookalike Threads, saying that "cheating" was not OK, and his lawyer...
Earnings Results: Levi Strauss stock falls 5% after outlook is cut
Levi Strauss shares fell after hours Thursday after the jeans company cut its forecast for the year.
: Pennsylvania state senators launch cannabis adult-use legislation
Pennsylvania state Senators Dan Laughlin, Republican, and Sharif Street, Democrat, said Thursday they introduced Senate Bill 846, a bipartisan measure to legalize adult-use cannabis in...