These stocks soared up to 12% after inflation cooled

Amid the euphoria following what appeared to be the first sign of slowing inflation, stocks staged a broad rally on Aug. 10, with dozens of large-cap stocks rising 5% or more. Those included several tech names that investors loved during the early stages of the coronvirus pandemic, along with cruise lines, credit-card lenders and chip-related … Read more

5 things we’ve learned from earnings season so far: How big an impact is inflation having?

More than 80% of the S&P 500 index’s companies have reported second-quarter results so far, and at least five key takeaways have emerged — including that Wall Street was far more worried about the coming earnings season than it needed to be. That doesn’t mean investors were wrong; the numbers and management commentary have confirmed … Read more

‘Absolutely disastrous’: Air conditioners take horror toll on the environment, campaigners warn

If you’ve coped in a sweltering heatwave by blasting the air conditioning, you aren’t alone. As the planet heats up, more people are turning to AC to stay cool. But these energy-guzzling, chemical-leaking units take a huge toll on the planet. With the worldwide number of air conditioners projected to triple by 2050, experts warn … Read more