The knee-jerk expectation in markets is that when interest rates rise, tech stocks fall, and vice versa. Historical data don’t back that up. See full story.
Expect a 10% or worse correction in U.S. stocks by mid-August, says this forecaster with a proven track record
Market breadth hasn’t been this poor since October 2018 and the start of a 20%-plus decline. See full story.
Vaccine misinformation ‘a serious threat to public health,’ U.S. surgeon general says
U.S. Surgeon General Dr. Vivek Murthy issued a stark warning Thursday that misinformation about COVID-19 vaccines is costing lives. See full story.
Intel wants to buy AMD’s old chip-making business? How weird are semiconductor mergers going to get?
The semiconductor industry just keeps getting weirder and weirder, and the latest news from Intel Corp. is another example of the industry’s quest for deals in search of growth. See full story.
This city has the most expensive rental market — residents need to make nearly 3 times the national average wage to afford an apartment
’11 of the 20 largest occupations in the United States pay a lower median hourly wage than what a full-time worker needs to earn to afford a modest apartment.’ See full story.
If you’re looking for an SUV that’s not just for hauling people but also excels when you need to fold all the seats flat and pack it full of gear, this list is for you. See full story.