Nano Labs reports 1H results
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This buy now pay later firm has a modest short-term growth outlook. Bank of America says shares could surge anyway
Affirm Holdings lifted its near-term growth by only a little, but several catalysts could give the stock an unexpected boost, one analyst says.
Stock futures mixed as investors await Warsh's Jackson Hole speech
Nasdaq 100 futures fell 0.3% while Dow futures edged higher as investors awaited Warsh's first major address as Fed chair
US companies earning more than ever before, wages losing weight
The share of profits in national income is at its highest level since the 1950s, while the share of labor income has declined. High inflation could exacerbate inequality.
It’s Probably Time for the Fed to Do More, Says Economist Sahm
“There is something shifting in the inflation picture in the US right now,” says Claudia Sahm, chief economist at New Century Advisors.