The Treasury Department revealed on Monday that it expects to borrow $1.007 trillion in the third quarter, or $274 billion more than its May estimate.
MarketWatch
The Fed: Banks have been making it tougher for consumers and companies to borrow money
Major banks made it tougher for borrowers to qualify for a loan in the spring — and lending standards are likely to get even tighter by the end of the year.
: Quest Diagnostics launches first at-home blood test to assess risk of developing Alzheimer’s disease
A simple test can detect the brain protein beta amyloid that is linked to the progression of Alzheimer’s disease.
The Ratings Game: Salesforce’s AI-fueled stock rally may need to cool — and Morgan Stanley prefers another software play
Salesforce’s stock has been riding the wave of frenzied interest in AI, but perhaps Wall Street is getting too upbeat about the company’s ability to benefit.
The Tell: Piper Sandler raises S&P 500 target for 2023 as stock-market breadth expands, positive earnings underpin equities
Piper Sandler analysts boost their year-end price target for the S&P 500 to 4,825 from 4,625, implying a roughly 5.3% upside from the large-cap index’s current levels on Monday.
: Tupperware stock skyrockets toward a record 450% gain in July
Tupperware’s stock is on pace for its highest close since Feb. 17, 2023
Market Extra: Investors should brace for an August stock-market slump, Fundstrat’s Tom Lee warns
Investors who are anxious about a potential stock-market pullback should strongly consider taking their portfolio on a vacation in August, according to Fundstrat Global Advisors’ Tom Lee.
In One Chart: U.S. stocks roar back in 2023, on pace for best seven months to start a year in decades
U.S. stocks are on a tear this year, with the S&P 500 and Nasdaq Composite on track for their strongest first seven months of a year in decades, according to Dow Jones Market Data.
: AMC enjoys ‘best week ever’ for box-office revenue, fueled by ‘Barbie’ and ‘Oppenheimer’
Some 65 U.S. AMC locations set single-week box-office records, boosted by the success of “Barbie” and “Oppenheimer.”
The Big Number: Trump’s PAC has spent $40 million on legal fees so far this year
Former President Donald Trump’s political action committee has spent $40.2 million on legal fees in this year’s first half.