June 26, 2024

Markets Now Wednesday, June 26, 2024

Analysis: The Nvidia spell has been broken. Here’s what could come next

Nvidia stock is back on the road to recovery, but investors have come face-to-face with a potentially bubble-bursting truth: Every stock can fall.  
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Think the CDK outage is just about cars and dealerships? Think again

If you aren’t in the market for a new car or your family’s income isn’t tied to a car dealership, you might not be aware of crippling cyber attacks that have left nearly 15,000 dealerships across North America struggling to provide services to customers.  
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‘Deeply concerned.’ 16 Nobel economists sound the alarm on Trump and inflation

Inflation remains public enemy No. 1 in today’s economy. Americans are fed up with the cost of living and former President Donald Trump says he will help.  
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Levi’s under fire after supplier laid off hundreds of workers

Critics accuse Levi’s of ignoring its own labor standards after it continued working with a factory in Turkey that fired around 400 people last year after they joined a union and went on strike.  
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Even wealthy Americans are struggling to make ends meet

About one in three Americans making six-figure salaries are worried about paying their bills, according to a new survey from the Federal Reserve Bank of Philadelphia.  
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Supreme Court allows White House to press social media companies to remove disinformation

The Supreme Court on Wednesday said the White House and federal agencies such as the FBI may continue to urge social media platforms to take down content the government views as misinformation, handing the Biden administration a technical if important election-year victory.  
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Source: CNN Business

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