Stock markets

Bill Gross says Tesla is the new meme stock

Longtime investor Bill Gross believes Elon Musk’s Tesla is behaving like a speculative play among retail investors. “Tesla acting like a…

China’s inflation numbers miss expectations, rising 0.2% in June

BEIJING — China’s consumer price inflation rose by 0.2% in June from a year ago, missing expectations, while producer prices…

‘Make or break week:’ Stifel sees 40% chance of President Biden dropping out of the race

There’s a 40% chance President Joe Biden will not seek reelection, according to Stifel. Brian Gardner, the firm’s chief Washington…