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These behavioral trends drove the GameStop and AMC meme-stock rally

The meme-stock rally that lifted shares of GameStop Corp. and AMC Entertainment Holdings Inc. this week tapped into a range of human behaviors, according to behavioral finance expert Victor Ricciardi.

Thu May 16, 2024 23:02
Treasury yields end higher for first time in four sessions

Rates on U.S. government debt closed higher on Thursday, with 10- and 30-year yields bouncing off their lowest levels since early April, after a fresh round of data.

Thu May 16, 2024 23:02
A deeply divided Congress finds common ground: Concert-ticket pricing stinks.

The U.S. House of Representatives resoundingly passed a bill Wednesday that would mandate more transparency on ticket prices for live events and ban practices that jack up concert prices.

Thu May 16, 2024 23:02
Dow Jones struggles to keep grip on 40,000 after testing milestone for first time

The Dow Jones Industrial Average traded above 40,000 for first time ever on Thursday, but was struggling to finish above that threshold.

Thu May 16, 2024 23:02
U.S. oil prices settle at one-week high on post-CPI relief rally and drop in crude supplies

U.S. oil prices settled at their highest level in a week on Thursday, extending a relief rally sparked by data showing a slowdown in key U.S. inflation data.

Thu May 16, 2024 23:02
Ray Dalio believes there’s a 35% or even 40% chance of a civil war in the U.S.

Hedge-fund billionaire can foresee people moving to states that align with their political views while refusing to abide by rules made by federal authorities whose politics they disagree with.

Thu May 16, 2024 23:02

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