The Brutalist Report

MarketWatch

• : Social Security antifraud program imposed steep fines on elderly, disabled and poor people: report [1398d]
• The New York Post: ‘Apparently my 2 yr old knows how to order DoorDash’: Texas toddler shocks mom by ordering 31 cheeseburgers from McDonald’s [1398d]
• What's Worth Streaming: Here’s everything new coming to HBO Max in June 2022 — and what’s leaving [1398d]
• The Tell: When will stocks find a bottom? Treasury rates need a footing first, says this strategist [1398d]
• Personal Finance Daily: The pandemic has created 1 new billionaire ‘every 30 hours’ and Florida trio sentenced to 18 years in prison for $200 million baby formula export scam [1398d]
• : Snap stock falls 20% after Snapchat parent says it will miss estimates due to deteriorating economy [1398d]
• Earnings Results: Zoom stock rallies 20% after earnings beat, hiked profit forecast [1398d]
• : Clusters of monkeypox cases are driving up stock prices for some companies [1398d]
• : Many Americans felt pretty good about their finances last year — but were less confident about the country’s [1398d]
• Crypto: Tether sees $10 billion withdrawal in past two weeks, continues to trade at discount [1398d]
• Outside the Box: ‘I feel like I am reliving the summer of 2008.’ Strategist David Rosenberg sees bear market sinking the S&P 500 to 3,300 [1398d]
• : ‘This exorbitant wealth was not earned, it was swindled’: Florida trio sentenced to 18 years in prison for $200 million baby formula export scam [1398d]
• : Confused about where Fed policy is headed? Don’t worry. Professional forecasters are too [1398d]
• The Tell: Guggenheim’s Minerd believes fine art, real estate will outperform stocks, sees bitcoin bottoming at $8,000 [1398d]
• : Unchecked climate change will cost the global economy $178 trillion: Deloitte [1398d]
• Key Words: Herschel Walker says he’s in favor of a ‘no exception’ abortion ban [1398d]
• The Ratings Game: VMware stock rallies on reports Broadcom is weighing third software acquisition in four years [1398d]
• In One Chart: ‘Deteriorating quickly’: U.S. earnings revisions could knock stocks down another 5% to 10%, warns Morgan Stanley [1398d]
• : Two years after George Floyd’s killing, Big Tech shareholders continue racial-justice push [1398d]
• Earnings Outlook: Alibaba earnings preview: COVID-19 lockdowns could ‘amplify’ challenges [1398d]
• The Margin: Time 100: Vladimir Putin and Volodymyr Zelensky make the most influential list for 2022 [1398d]
• : The pandemic has created 1 new billionaire ‘every 30 hours,’ new Oxfam report says [1398d]
• The Tell: BlackRock just cut developed-market stocks to ‘neutral’. Here’s why. [1398d]
• Key Words: Bank of America CEO says Americans still haven’t spent all their stimulus money [1398d]
• The Conversation: What’s the Defense Production Act, and why did Biden invoke it to end the baby formula shortage? [1398d]
• : Bank of America is raising its hourly minimum wage to $22 — here’s how many people don’t even come close to pay like that [1398d]
• The Ratings Game: HP faces ‘pockets of demand challenges,’ analyst warns in downgrade [1398d]
• The Fed: Fed will succeed in bringing inflation down over next couple of years, Bernanke says [1398d]
• The Moneyist: ‘I’m really upset’: I borrowed $10,000 from my brother with a $200-a-month payment plan. We fell out, and now he wants the money back in full [1398d]
• Key Words: Goldman Sachs ‘devastated’ after ‘beloved’ employee killed in NYC subway shooting [1398d]
• Encore: Bitcoin in 401(k) plans is a terrible idea [1398d]
• The Conversation: Grim drought outlook for Western U.S. in 2022 offers warnings for the future as climate change brings a hotter, thirstier atmosphere [1398d]
• Market Extra: Russian ruble surges on report some capital controls may ease up [1398d]
• The Wall Street Journal: Starbucks to end business in Russia [1398d]
• Coronavirus Update: Philadelphia reinstates face-mask mandate for students and teachers, and WHO head warns pandemic ‘most certainly not over’ [1398d]
• Metals Stocks: Gold trades higher after breaking string of 4 straight weekly declines [1399d]
• The Wall Street Journal: Conan O’Brien sells popular podcast and digital-media company to SiriusXM for some $150 million [1399d]
• Futures Movers: Oil rises, boosted by tight fuel supplies as U.S. driving season looms [1399d]
• : Biden says reducing tariffs on China is under consideration, weighs asking OPEC to pump more oil [1399d]
• Need to Know: The stock market is ‘vulnerable to good news’ and a 10% to 12% rally, says this strategist [1399d]
• Bond Report: Treasury yields rise as stock-market selloff relents [1399d]
• : Russian invasion shouldn’t be excuse for large-scale fossil fuel investments, IEA chief says [1399d]
• : Inheriting a house? Read this before you make any rash decisions [1399d]
• : ECB likely to get out of negative interest rates by end-September, Lagarde says [1399d]
• Kelley Blue Book: The 2023 Subaru Solterra review: Rejoice Subaru fans, there’s now an electric compact SUV [1399d]
• NerdWallet: How to protect yourself from ‘rug pull’ scams in new crypto projects [1399d]
• Kelley Blue Book: Lucid Air EVs just went up in price by five figures [1399d]
• Kelley Blue Book: Toyota will soon max out its electric vehicle tax credits [1399d]
• Next Avenue: 10 steps to prepare for a disaster if you live in a rural area [1399d]
• Market Snapshot: U.S. stock futures rise after Biden hints that China tariffs could be reconsidered [1399d]
• Dow Jones Newswires: German business confidence unexpectedly rose in May, Ifo says [1399d]
• Dow Jones Newswires: AstraZeneca’s Covid-19 vaccine gets EU approval for third doses [1399d]
• Dow Jones Newswires: India steel stocks fall sharply after government announces export levy [1399d]
• Dispatches from a Pandemic: ‘Workers don’t want toys or free food, they want a higher quality of life’: The Great Resistance is here — companies struggle to get workers back to the office [1399d]
• : Broadcom reportedly in talks to buy VMware [1399d]