Our call of the day says big technology will be the canary in the coalmine telling us whether the S&P 500 is due to correct. See full story.
The housing market is so hot, a burnt-out Bay Area home is drawing cash bids above $850,000
The listing warns that it’s ‘more than a fixer,’ but a sale is still pending after just six days on the market See full story.
Wish stock tanks 20% as e-commerce company says demand slowed, costs rose more than expected
Shares of ContextLogic Inc fell 20% late Wednesday after the parent of e-commerce site Wish said demand for its products slowed, fewer users and active buyers used it, and costs rose more than it had expected. See full story.
Calling hydrogen a zero-emissions fuel is wrong, new study says — energy industry cries foul
Clean hydrogen is a fuel the Biden administration believes will be part of the toolkit necessary to propel the U.S. to zero emissions by 2050, not to mention a 50% cut in those emissions as soon as the end of the decade. But a peer-reviewed study out Thursday argues that the fuel’s credentials need reconsideration. See full story.
Many Americans aren’t going back to work, but it’s not for the reason you might expect
Unemployment benefits play only a small role, research shows. See full story.
Preliminary data from the Centers for Disease Control and Prevention paints a grim picture amid job loss and mental-health challenges. See full story.