MarketWatch First Take: Micron earnings prove the doubters wrong again

Micron Technology Inc. once again countered all the doubts surrounding its stock Wednesday, as executives forcefully contended that the current strength in memory markets is not just a cyclical upturn. Micron MU, -0.51%  on Wednesday reported strong profit and sales gains with a forecast that showed confidence that demand for memory chips will continue, along … Read more

In One Chart: One millennial’s journey from college to $5,000 a month in disposable income

RockSteady2323 isn’t even 30 years old, but he seems to be ticking all the boxes. He’s got a wife, a high-paying tech job and a Southern California condo unit. He’s also got a cat and a roommate, which, depending on personal preference, might not count as tickable boxes. Regardless, he’s come a long way since … Read more

One reason why liberals drink more lattes

The old stereotype of the latte-sipping liberal could have some basis in reality. It turns out liberals really do drink more lattes. Researchers from the Annenberg School for Communication at the University of Pennsylvania surveyed 1,500 Americans about their coffee preferences, political ideology, household income and attitudes toward globalization and found that liberals drink more … Read more

The Moneyist: I earned $5 million in my lifetime—now my long-lost son keeps hitting me up for money

Dear Moneyist, Everyone is pressuring me for money. My success has caused strife, greed from others and sadness for me at every turn. I have been fortunate to become a successful small business owner. My assets exceed over $5 million. One would never know it due to my non-flashy lifestyle (used cars, modest home, etc.). … Read more

The Wall Street Journal: Cushman & Wakefield files for IPO that could raise about $1 billion

Real estate services firm Cushman & Wakefield filed preliminary plans for an initial public offering, hoping to cash in on the nine-year bull market in the commercial real-estate industry. The company could seek to raise about $1 billion in the IPO and seek a valuation in excess of $5 billion, according to people familiar with the … Read more

The Wall Street Journal: Michael Cohen quits RNC post, criticizes family-separation policy

WASHINGTON — Michael Cohen, President Donald Trump’s former longtime lawyer, resigned from his post as national deputy finance chairman at the Republican National Committee on Wednesday, according to an RNC official, saying the investigations into his contacts with Russia and his business dealings were proving too great a distraction. In a letter to RNC Chairwoman … Read more

The Wall Street Journal: Major airlines ask government not to transport detained migrant children on their flights

Several U.S. airlines have told federal officials they don’t want to transport children separated from their parents attempting to illegally cross the U.S.-Mexico border. Three of the largest U.S. carriers — American Airlines Group Inc. AAL, +1.25%  , United Continental Holdings Inc. UAL, +1.47%   and Southwest Airlines Co. LUV, +0.56%   — said Wednesday … Read more

The Wall Street Journal: Argentina, Saudi Arabia to join MSCI emerging-markets index

MSCI returned Argentina to emerging-market status for the first time in nearly a decade, a move that is expected to provide a much-needed boost to the beleaguered country as it struggles to maintain credibility with investors after a widespread selloff in its currency. Inclusion in the index is expected to draw billions of dollars in … Read more

The Wall Street Journal: Michael Bloomberg plans to spend $80 million to help Democrats win back House

Former New York City Mayor Michael Bloomberg plans to spend $80 million on political campaigns this year, largely pumping the money into an effort to help Democrats win control of the House of Representatives. Bloomberg, a billionaire who identifies as an independent, owns Bloomberg LP, a financial-services and media company based in New York. He … Read more