The Brutalist Report

MarketWatch

• Dow Jones Newswires: U.K. consumer confidence rises for 4th consecutive month in May [1209d]
• Dow Jones Newswires: Norfolk Southern reaches deal with another union on paid sick leave [1209d]
• : FDA advisers vote in favor of Pfizer’s maternal RSV vaccine [1209d]
• : What is the G-7? Which countries are in it? Everything to know about this week’s summit. [1209d]
• Personal Finance Daily: An economist says ‘The Big Stay’ is the new workplace trend and food banks scramble to meet increased demand as COVID-era benefits expire [1209d]
• Earnings Results: Farfetch stock rallies 18% after narrower quarterly loss, higher sales [1209d]
• ETF Wrap: Here’s where BlackRock sees a top thematic ETF investing opportunity as tech soars [1209d]
• Economic Report: Bank borrowing from the Fed rises for second straight week [1209d]
• Lawrence G. McMillan: This stock market is one to rent, not own, as the danger of yet another sucker’s rally is high. [1209d]
• : Elon Musk ‘can afford to include AM radio in his Teslas’: Democrats and Republicans agree AM should go in EVs [1209d]
• Earnings Results: Ross Stores’ outlook on profit and sales hurts stock, as higher prices continue to pinch consumers [1209d]
• : Apple and Alphabet shares close at highest levels in over a year [1209d]
• Commodities Corner: Black Sea grain deal isn’t the only reason behind steep drop in corn and wheat prices [1209d]
• Market Extra: Debt on trophy office buildings is starting to buckle as loans come due [1209d]
• The Ratings Game: JPMorgan investor day should ‘reinforce the resiliency’ of the megabank: analyst [1209d]
• Financial Crime: ‘Fraud is fun’: Teen hacker charged with breaking into DraftKings accounts leading to theft of $600,000 [1209d]
• : Nvidia stock hits highest price since 2021 and nears all-time high as new gaming cards drop [1209d]
• Economic Report: Fraud in Massachusetts inflates spike in jobless claims. U.S. layoffs still low. [1209d]
• : Rent prices in April were up 25% compared to 2019, report says [1209d]
• Key Words: Ray Dalio says debt-ceiling raise will set stage for ‘disastrous financial collapse’ [1209d]
• : Carl Icahn admits he was wrong to take a huge short position on the market that lost $9 billion [1209d]
• : So long, Great Resignation: ‘The Big Stay’ is the new workplace trend, this economist says [1209d]
• : Disney scraps plans on nearly $900 million investment at new corporate campus in Florida [1209d]
• : Fitch downgrades PacWest debt to junk status after deposit flight exceeds peers [1209d]
• : Tesla’s Elon Musk is a ‘rejuvenated’ leader with more time to be devoted to EV maker, analyst says [1209d]
• Key Words: Walmart CEO on higher costs for basics: ‘We all need those prices to come down’ [1209d]
• The Fed: If the Fed cuts interest rates during a recession, it would be ‘the worst of all possible worlds’ [1209d]
• Metals Stocks: Gold prices at lowest since March as dollar rises and U.S. debt-ceiling deal looks ‘doable’ [1209d]
• : Supreme Court rules in favor of Twitter and Google in cases involving third-party content [1209d]
• : McCarthy says House could vote on debt-ceiling deal next week, as Schumer also sees progress [1209d]
• : ‘GTA 6’ is coming, and Take-Two stock is headed for best rally in eight years [1209d]
• The Ratings Game: P&G’s stock leads Dow decliners after downgrade by analyst, who says investors may have shown it ‘too much love’ [1209d]
• Market Extra: Here’s why Treasury bills are seen as reasonable alternative to stocks for first time in 14 years [1209d]
• The Ratings Game: Walmart stock rallies as retailer targets profit boost [1209d]
• : Netflix is rallying for its highest close in more than a year [1209d]
• Cannabis Watch: More Americans injured on the job are testing positive for cannabis [1209d]
• : Would reparations lead to irresponsible spending? Studies on other cash windfalls suggest not, new report says. [1209d]
• Economic Report: Bad news for home buyers: Mortgage rates inch higher, adding costs to the home-buying process [1209d]
• The Moneyist: ‘When I ran it past the missus, she went ballistic’: I want to buy a $40,000 car, but my wife said no. Then things really got weird. [1209d]
• Earnings Results: Bath & Body Works’s stock jumps 11% as earnings show consumers receptive to new soaps, fragrances and men’s grooming products [1209d]
• Brett Arends's ROI: Brokerage firm lured politically right-leaning seniors into gold coin scam, regulators say [1209d]
• Washington Watch: The 14th Amendment: Here’s how it relates to the debt-ceiling debate [1209d]
• The Ratings Game: Lithium miner Albemarle’s stock at ‘attractive point,’ UBS says in rating upgrade [1209d]
• Market Extra: Sam Zell — real estate mogul — is dead at 81 [1209d]
• : Could pickleball courts soon fill shuttered Bed Bath & Beyond stores? [1209d]
• Economic Report: Slowing U.S. economy gets closer to recession, leading index signals [1209d]
• : A ‘hopeless romantic is given a second chance at love:’ New ‘Golden Bachelor’ to showcase love and dating in the golden years [1209d]
• Economic Report: U.S. housing market recovery is being held back by limited listings and fluctuating mortgage rates [1209d]
• The Fed: Fed’s Logan says data doesn’t support case for pause in rate hikes in June [1209d]
• Economic Report: Jobless claims fall sharply to 242,000 as Massachusetts battles to reduce fraud [1209d]
• The Ratings Game: ‘Cleaner’ Target enjoying margin recovery, analysts say [1209d]
• Economic Report: Philadelphia Fed’s factory gauge shows ninth straight month of declining activity in May [1209d]
• Futures Movers: Oil prices steady after rising to 1-week high [1209d]
• Earnings Results: Walmart stock rises after earnings beat and raised full-year outlook, while near-term profit view was below forecasts [1209d]