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12

Futures Edge Down; Bitcoin Rises Back Above $70,000

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The S&P 500 remained on track to notch its best start to a year since 2019, though futures were slipping slightly.

Dollar Seen Slightly Overvalued, Could Weaken Into Year-End

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Bank of America Research expects EUR/USD to end the year higher at 1.15 and USD/JPY lower at 142, driven by dollar weakness.

German Retail Sales Unexpectedly Slide

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German retail sales fell 1.9% in February against forecasts for a modest rise, with the weakness symbolizing the woes in the sector as consumer confidence remains sluggish.

Super Micro's AI Boom Carries a Big Price Tag

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The maker of Nvidia-based AI servers has a hot hand, but a high-cost business model leaves the stock looking overheated.

Home Depot Buys Roofing Distributor

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The retailer said it would acquire SRS Distribution in a deal with a value of $18.25 billion, which includes assumed debt.

Pelago, Provider of Virtual Substance-Abuse Therapy, Raises $58 Million

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The startup’s business model ties its revenue to outcomes for self-insured companies. It plans to use its latest fundraising to prevent addiction outright.

11

Why Gasoline Prices Are Rising Faster Than Usual This Year

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Fuel costs are once again driving inflation. Don’t panic.

America Made a Huge Bet on Sports Gambling. The Backlash Is Here.

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Less than six years after a Supreme Court ruling paved the way for widespread legal sports gambling in the U.S., sports leagues face an onslaught of scandals related to betting.

Legal Fight Over Destroyed Baltimore Bridge Is Likely About to Start

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The battle over who will pay for the damage and loss could take a decade, but most insurance claims will be paid much sooner.

The Rule Change That Supercharged March Madness

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For years, college basketball was synonymous with low scores and offensive fouls. Then they rewrote the rulebook—and an explosion of scoring happened.

UBS CEO Ermotti to Steer Credit Suisse Integration

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UBS said said Sergio Ermotti is set to stay as chief executive officer to see through the integration of Credit Suisse, and sought to address concerns about its size and potential needs for tighter regulation.

Metal Prices Mixed, Gold Gains Ahead of U.S. Inflation Data

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Base metals were mixed with gold making small gains as the market remained nervous ahead of key U.S. inflation data.

Fortune Favors Early Movers in America's Property Crunch

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Investors who are willing to buy buildings when everyone else is running scared typically get the biggest rewards.

Oil Prices Rise, Bouncing Back from Wednesday's Losses

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Oil prices rose despite a surprise build in U.S. crude inventories last week.

Sam Bankman-Fried, Once Crypto Royalty, Awaits Sentence in Fraud Case

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The sentencing for crimes connected to the collapse of the FTX crypto exchange caps the meteoric rise and fall of the onetime crypto king.

Prigozhin Is Dead, but His Troll Farms Are Alive and Peddling Disinformation

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Russian trolls farms linked to the mercenary chief are likely to continue peddling disinformation on the war in Ukraine and 2024 U.S. elections, according to new cybersecurity research.

Three Presidents With a Complex Past Team Up to Defeat Trump

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Biden, Obama and Clinton have decades of shared history in effort to win a second term for the incumbent.

Fear Grows Among Families of Americans Held in Russia

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The U.S. considers only two Americans ‘wrongfully detained’ in Russia, but there are more families seeking the might of Washington to bring their loved ones home.

10

China to Lift Tariffs on Australian Wine

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China is set to scrap tariffs on Australian wine that have bottlenecked exports to the once-top market for years, in the latest sign of thawing trade relations between the two countries.

09

Eurozone Sovereign Spreads Could Widen on Higher Focus on Fundamentals

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Higher-than-expected Italian and French budget deficits in 2023 and a heavy ratings calendar ahead will shift the focus to fundamentals of eurozone government bond issuers, potentially causing some yield spread widening later this year,…

UK Confirmed in Recession at End of 2023

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U.K. gross domestic product shrank 0.3% between October and December, with the economy hit by high inflation and interest rates that stifled household spending.

07

The AI boom is prompting tech companies to offer extraordinary incentives to attract talent even by the relatively lavish past standards of outsize pay and perks.

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The AI boom is prompting tech companies to offer extraordinary incentives to attract talent even by the relatively lavish past standards of outsize pay and perks.

U.S. stocks rose, with the S&P 500 adding 0.9% to close at a record and the Dow and Nasdaq gaining 1.2% and 0.5%, respectively.

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U.S. stocks rose, with the S&P 500 adding 0.9% to close at a record and the Dow and Nasdaq gaining 1.2% and 0.5%, respectively.

Amazon.com said it invested an additional $2.75 billion in the artificial-intelligence startup Anthropic.

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Amazon.com said it invested an additional $2.75 billion in the artificial-intelligence startup Anthropic.

Hennes & Mauritz posted forecast-beating earnings as well-received spring collections pushed the fashion retailer's sales higher in February.

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Hennes & Mauritz posted forecast-beating earnings as well-received spring collections pushed the fashion retailer’s sales higher in February.

Died: Joe Lieberman, 82, former U.S. senator and vice-presidential candidate.

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Died: Joe Lieberman, 82, former U.S. senator and vice-presidential candidate.

The Cybersecurity and Infrastructure Security Agency published long-awaited draft rules on how critical-infrastructure companies must report cyberattacks to the government.

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The Cybersecurity and Infrastructure Security Agency published long-awaited draft rules on how critical-infrastructure companies must report cyberattacks to the government.

Walt Disney backed down from a long-running legal battle with Florida Gov. Ron DeSantis over control of the Orlando-area land that is home to the company's most important resort.

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Walt Disney backed down from a long-running legal battle with Florida Gov. Ron DeSantis over control of the Orlando-area land that is home to the company’s most important resort.

Carnival warned that its full-year earnings will take a hit from the collapse of the bridge in Baltimore.

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Carnival warned that its full-year earnings will take a hit from the collapse of the bridge in Baltimore.

A Texas law that gives the state power to arrest and deport migrants will remain on hold, a panel of appeals-court judges ruled, as legal challenges to the measure proceed.

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A Texas law that gives the state power to arrest and deport migrants will remain on hold, a panel of appeals-court judges ruled, as legal challenges to the measure proceed.