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- Stock Market
IRS audit rates keep dropping and FTC warns baby-formula scammers are ‘exploiting’ family fears over shortage
Hi, MarketWatchers. Don’t miss these top stories. Teen killer serving life sentence charged with running $2 million COVID relief scam…
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FTC warns baby-formula scammers are ‘exploiting’ family fears over shortage, says they have ‘sunk to new lows’
Be wary of baby-formula scam artists, the Federal Trade Commission said Wednesday. “Scammers exploiting the high demand for baby formula…
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‘It’s pure panic’: Florida parents of twins spent more than 4 hours driving to find baby formula
When Erik and Kelly Schmidt, both 35, went into a Central Florida Target store this week to buy their usual…
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Baby formula shortage persists, but experts warn it’s dangerous to make your own or buy it online from overseas
Baby formula is the latest in a series of products to become scarce on retail shelves. For months, securing baby…
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Rivian has been a ‘train wreck,’ but could be turning a corner
Rivian Automotive Inc.’s stock extended its rally Thursday as investors cheered the EV maker’s intact goals for the year, but…
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GlobalFoundries reports record sales and predicts more to come amid semiconductor shortage
GlobalFoundries Inc. reported record quarterly revenue and guided for more Tuesday, as the chip manufacturer continues to benefit from a…
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Lockheed aims to double production of Javelin anti-tank missiles, CEO says
Lockheed Martin Corp. intends to roughly double its production of Javelin anti-tank missiles, a key weapon in Ukraine’s defense against…
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New home construction may be up, but supply-chain issues will continue to create drag on the housing market
Hooray, right? After all, we’re in the midst of an epic housing shortage, in which home sellers hold most of the…
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Ford to halt Mustang production at Michigan plant for a week due to chip shortage
Ford Motor Co. will pause production next week at a Michigan plant that produces Mustangs due to the ongoing chip…
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We should fight inflation by adopting supply-side labor reforms that would encourage work
SAN DIEGO, Calif. (Project Syndicate)—In the past few years, a million retired Americans have picked up a pickleball racket. We…
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