The leading index for the U.S. economy sank again in May, declining for the third month in a row, but it “doesn’t currently signal a recession,” the Conference Board said.
It’s really living up to its nickname: ‘The Champagne of Beers’
The U.S. economy expanded in June at the fastest pace in more than two years, a pair of S&P surveys found, amid growing optimism among business leaders about the future.
“We are looking for income in retirement.”
Consumers in areas where pot is legal say they’re drinking less alcohol, according to data cited by Bernstein analyst Nadine Sarwat.
An analyst thinks Palantir will see AI benefits but deems the stock’s valuation to be steep on a relative basis and given industry pressures.
The offering is aimed at boosting liquidity and paying down part of a $2 billion revolving-credit facility.
“Just because market value is transferring quickly, doesn’t make it wrong,” an analyst says.
