Micron Technology Inc. could be approaching a big new semiconductor cycle as it predicts a huge boost from artificial intelligence, but there could be a roadblock in the path. Micron MU reported a third-quarter loss and a 57% drop in revenue Wednesday, after the chip industry’s oversupply hit the memory-chip…
As pickleball surges in popularity, so do the costs for treating injured players — to the projected tune of $377 million this year alone in the U.S., according to a new analyst estimate from UBS UBS, +1.30%. But it doesn’t have to be this way, says Dr. Sanjay Saint, co-author…
The U.S. Postal Service has issued a new warning: be careful when mailing checks. The USPS reported a recent surge in attacks on letter carriers and mail fraud, stating that 305 mail carriers were robbed in the first half of fiscal-year 2023, compared with 412 last year. Many of the…
Insider trading may seem like an easy bet to some, but it’s a dumb way to lose if you get caught.On Thursday, federal prosecutors in Manhattan announced four separate, head-scratching busts of people for allegedly trading on inside information in ways so brazen that it would have been amazing if…
Hello! This week’s ETF Wrap looks at top performers in the first half of 2023, as well as flows, as stocks rally and crypto-related funds jump so far this year. Please send feedback and tips to [email protected] or [email protected]. You can also follow me on Twitter at @cidzelis and find me on LinkedIn.…
During the recovery from the pandemic several workplace catchphrases generated buzz, including quiet quitting, great resignation, and hybrid work. Expressions like these in the aggregate reflect a much larger conversation rethinking work, purpose, and the good life in the postpandemic economy. I’d like to throw another term into the mix that…
Who would be a landlord? The costs are high, the risks are huge, and the so-called passive income is uncertain.I did it once, and the paperwork alone was enough to drive me nuts. Even before considering the various hassles of finding good tenants; managing the property; and dealing with leaks,…
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(Updated with June 30 closing prices.) The S&P 500 has risen 15.9% this year to 4,450.38, but we’re actually in a bull market, with a 24% gain from the 2022 closing low of 3,577.03 on Oct. 12. (One definition of a bull market is a 20% price increase for a…
General Mills the megamanufacturer behind your morning Cheerios, reported a drop in earnings that might make it question whether continuing to raise prices is worth it. General Mills GIS, +0.52% CEO Jeff Harmening acknowledged during the company’s fourth-fiscal-quarter earnings call this week that consumers responded to higher prices by making fewer…