US IPOs to Slow After Five Weeks of $1 Billion-Plus Volume

Steady flow of listings bolsters rebound from slow years Games Global withdraws planned IPO set to trade Tuesday Initial public offerings in the US are poised to take a breather, with volume expected to snap a solid run of five consecutive weeks with more than $1...

‘Stunning’ Solar Activity Is a Warning to Grid Operators

The Sun sent streams of charged particles last weekend capable of impairing power infrastructure. The planet should be prepared for worse surges.  Late last week, the Sun blasted millions of tons of super-heated gas off its surface toward Earth and everyone on it....

Kids Hooked on Video Games Prompt a Flurry of Lawsuits

Attorneys for parents say publishers are addicting users and causing health issues like ADHD and depression. Kushanel Donerson says her 14-year-old has played Call of Duty, NBA 2K, Grand Theft Auto V and Roblox games so much over the past nine years that it led to...

A Doomsday Recession Mentality Is Keeping the S&P 500 Strong

Companies are ready for a recession that never seems to come Earnings surprises are on pace for their best level since 2022 North America’s largest companies are on track to post their best quarterly earnings relative to expectations in at least two years, as they’ve...

China Credit Shrinks for First Time, Loan Growth Disappoints

Credit contracts as government bonds record net repayment Shadow banking credit shrinks in sign of risk prevention: JLL China’s credit in April shrank for the first time as government bond sales slowed, while loan expansion was worse than expected in a sign of weak...