Author: super@dmin
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Market Extra: When no stock-market lead is safe, here’s what history shows the Nasdaq’s near-term returns look like (it’s not pretty)
Rallies get squashed and nearly no lead seems to be safe for the stock market in recent trade.
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Living With Climate Change: A ‘Made in America’ EV tax credit — what car buyers need to know if Biden can advance a sliced-and-diced Build Back Better bill
A reworked legislative effort pushing EVs could expand tax credits on some models to up to $12,500, and make it easier for more people to qualify.
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: Microsoft’s Xbox chief promises to keep ‘Call of Duty’ on Sony’s PlayStation console
Microsoft Corp.’s head of Xbox addressed fears late Thursday that the company will shut out competing consoles from Activision Blizzard Inc.’s flagship “Call of Duty” franchise.
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Market Extra: Here’s one reason the stock market is squandering big early leads: ‘We’ve shifted from buy the dip to sell the rally,’ says analyst
Another day, another rally that turned very, very pear-shaped.
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Earnings Results: Netflix predicts slump in subscriber growth to start 2022, stock plunges
Netflix Inc. brought in more than 8 million new subscribers in the holiday quarter, but executives predicted that growth would suffer much more than expected at the beginning of 2022, sending shares screaming lower in after-hours trading.
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: Biden suggests he can’t bring back monthly child tax credit payments
President Joe Biden is signaling that monthly payouts for an expanded child tax credit probably won’t make a comeback, even as he aims to get Congress to pass other parts of his social-spending and climate package.
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The Wall Street Journal: U.S. clears Baltic allies to send American-made weapons to Ukraine as Russian standoff intensifies
Biden administration decision will enable Estonia, Lithuania and Latvia to provide Javelin antitank weapons and Stinger air-defense systems to Ukrainian forces.
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: Fewer U.S. workers belong to labor unions, even as pandemic has shined a light on poor working conditions
Even as union membership declines, union members are getting better pay than their non-unionized counterparts.
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The Ratings Game: Walmart could get squeezed alongside its ‘middle of the middle’ U.S. shoppers, analysts say
KeyBanc Capital Markets takes a look ahead at internet retail for 2022, downgrading Walmart and WW International, but upgrading Etsy
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Metals Stocks: Gold ends slightly lower a day after posting best daily advance since December
Gold futures end with a slight loss on Thursday, a day after posting the best one-day advance since December and highest settlement in two months.