Cities and States Are Facing Down a $1 Trillion Budget Mess
Signs of the looming crisis are everywhere, from trash pickup to layoffs. The question now: How many municipal bond issuers won’t be able to repay investors?
McDonald’s Battles Its Former CEO. Why It’s Still a Buy.

The fast-food chain managed to prosper during the pandemic, but it also faces some ugly courtroom fights. Long read

The Housing Market Is on Fire. These Stocks Could Benefit.Why a Winning Fund Likes PayPal and Autodesk
The Price of the Fed’s New Policy

The central bank wants to maximize employment and lift inflation, and it’s willing to ignore the trade-off. The risk is asset inflation and financial imbalances that may end in a crash. Long read

McDonald’s Battles Its Former CEO. Why It’s Still a Buy.

The fast-food chain managed to prosper during the pandemic, but it also faces some ugly courtroom fights. Long read

The Housing Market Is on Fire. These Stocks Could Benefit.Why a Winning Fund Likes PayPal and Autodesk
10 Cheap, Overlooked Mid-Cap Stocks With Plenty of Upside

Barron’s screened the S&P MidCap 400 for the 10 companies with the lowest price-to-earnings ratio based on projected 2020 results. 4 min

The Better Choice

The stocks' prices are similar but Facebook'shuge, consistent profits make it a truly blue-chip company.

The Dean of Valuation Talks Tesla -- and College Tuition

NYU's Aswath Damodaran weighs in on how much investors should pay for Tesla and Amazon, and says the price of a college degree could crash.

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Consumer
Dick’s Is Jumping Because Everyone’s Working Out At Home

The retailer’s upbeat fiscal second-quarter earnings showed that people are buying plenty of athletic equipment, especially online. 3 min

Here’s How Best Buy Stock Continues Its Great Run

Best Buy will continue to benefit from remote work and schooling, and new smartphones and videogames can boost sales. At least five analysts raised their price targets on the stock. 3 min

Why Lululemon’s Stock Rally Isn’t Over Yet

There’s still robust demand for Lululemon’s casual clothing, and the retailer’s e-commerce growth will continue, a Cowen analyst says. 3 min

Consumer
Dick’s Is Jumping Because Everyone’s Working Out At Home

The retailer’s upbeat fiscal second-quarter earnings showed that people are buying plenty of athletic equipment, especially online. 3 min

Here’s How Best Buy Stock Continues Its Great Run

Best Buy will continue to benefit from remote work and schooling, and new smartphones and videogames can boost sales. At least five analysts raised their price targets on the stock. 3 min

Why Lululemon’s Stock Rally Isn’t Over Yet

There’s still robust demand for Lululemon’s casual clothing, and the retailer’s e-commerce growth will continue, a Cowen analyst says. 3 min

TechnologyDell Profit Tops Estimates on Cost Controls and PC Demand

Strong consumer and enterprise business offset weakness from small-business customers. 3 min

iposAnother Electric Car Maker Is Going Public. What You Need to Know About Xpeng.

Another Chinese electric-vehicle company is raising money and listing shares in the U.S—capitalizing on the current hot market for EV stocks. 3 min

CoronavirusAbbott’s New Covid-19 Test Could Bring Huge Sales This Year

The FDA issued a new emergency-use authorization for a quick, inexpensive Covid-19 test developed by Abbott Laboratories. 3 min

Consumer1-800-Flowers Hits New Highs on Strong Sales Outlook

Another Chinese electric-vehicle company is raising money and listing shares in the U.S—capitalizing on the current hot market for EV stocks. 3 min

TechnologyDraftKings Stock Rallies on News NBA Games Will Resume

Online fantasy sports and wagering firm Draftkings were down as basketball players discussed ending the season to protest racial injustice, but bounced back on the news. 3 min

MarijuanaTwo of the Largest Pot Producers Are Rumored to Be Merging. It May Not Be a Pipe Dream.

A source tells Barron’s that two of the largest U.S. pot producers, Green Thumb Industries and Trulieve Cannabis, had preliminary talks to combine. 3 min

MediaWPP Posted a $3.4 Billion Loss, But Its Stock Rose And It’s Restarting Its Dividend.

The global advertising giant was already in the middle of a corporate restructuring when the coronavirus pandemic began. 3 min

CoronavirusWill Moderna or Pfizer Have Better Phase 3 Covid-19 Vaccine Data? Analysts Make Bets.

Analysts are beginning to make guesses about which of the Covid-19 vaccines might win out after scientists working on two of the most advanced vaccine programs made presentations on their progress. 3 min

ConsumerBeyond Meat Stock Is Soaring Because the Online Shop Is Open

Beyond Meat stock rose more than 6% on Thursday, after the plant-based food firm unveiled its e-commerce site. The portal will include its signature alternative-meat products, new bulk packs, and product bundles, as well as trial sizes and limited-time offers. 3 min

RetailBuy Dick’s Stock, 1 Analyst Says. Sit It Out, Says Another.

The athletic-goods retailer received one upgrade and one downgrade on Thursday, following its earnings report. 3 min

TechnologyTesla’s Market Cap Hits $400 Billion

The world’s most valuable car company just hit another huge milestone. 3 min

RetailWhy Chinese Social Media Apps Are Increasingly Vital to Luxury Goods Makers

If you’re a luxury goods company, you want affluent, young Chinese consumers to share their love for your product. Here’s who’s winning. 3 min

Growth InvestingWhy a Winning Growth Fund Likes PayPal and Autodesk Stock

Its focus on high-quality, growing companies has led to holdings such as PayPal, Autodesk, and Adobe. 3 min

EnergyEmerson Buys OSI as Utilities Look to Digitize the Grid

OSI provides power-grid-operation software for utilities, which use the technology to monitor, control and speed operations. 3 min

ConsumerWatch for Coca-Cola Bottler’s Stock to Pop

As some of the 28 countries Coca-Cola Hellenic Bottling serves begin to reopen their economies, the company’s sales decline has narrowed. That may boost the London-listed stock. 3 min

News
Hurricane Laura Makes Landfall. Oil Markets Shrug.

Now officially a Category 2, Hurricane Laura reached Texas and Louisiana with wind speeds as high as 150 miles an hour. 3 min

Insurance Industry Can Handle Losses From Hurricane Laura, Analyst Says

Meyer Shields of KBW has made a preliminary estimate of $8 billion in losses. 1 min

Why Gas Prices Will Remain Steady for the Rest of Summer

The average price in the U.S. for regular unleaded gas has been between $2.16 and $2.20 in the past eight weeks, GasBuddy says. 3 min

News
Hurricane Laura Makes Landfall. Oil Markets Shrug.

Now officially a Category 2, Hurricane Laura reached Texas and Louisiana with wind speeds as high as 150 miles an hour. 3 min

Insurance Industry Can Handle Losses From Hurricane Laura, Analyst Says

Meyer Shields of KBW has made a preliminary estimate of $8 billion in losses. 1 min

Why Gas Prices Will Remain Steady for the Rest of Summer

The average price in the U.S. for regular unleaded gas has been between $2.16 and $2.20 in the past eight weeks, GasBuddy says. 3 min

Coro

Companies are taking on purpose like never before, but without a coordinated focus on larger social problems their efforts will be wasted. Long read

CoroSafety First for Online Markets, or Customers May Shop Elsewhere

Companies like Amazon and Uber don't want the responsibility of consumer or product liability, but a recent court ruling may force them to change their ways. Long read

CoroAs the Fed Prepares to Meet Virtually, the Mechanisms of Monetary Policy Are Breaking Down

Central bankers are mandated to do what they can. Unfortunately, that isn't much right now. Long read

CoroChina Is Cracking Down, but Hong Kong's Economy Is too Precious to Kill

The money keeps flowing in even as civil liberties evaporate. Long read

The Next Big Test for the Economy: Getting America Back to School

Schools are an overlooked cog in the American job machine. But the risks of this school year are many. Long read

As the Fed Prepares to Meet Virtually,  Mechanisms of Monetary Policy Break Down
Coro

Central bankers are mandated to do what they can. Unfortunately, that isn't much right now. Long read

China Is Cracking Down, but Hong Kong's Economy Is too Precious to Kill
Coro

The money keeps flowing in even as civil liberties evaporate. Long read

Five Hit Watches from Geneva Watch Days 2020
The new models are looking to appeal to the next generation

Long read