Benchmark reiterates Buy on Red Rock Resorts stock, $78 target

Swedish digital payments company Klarna (KLAR -0.49%) published its second-quarter results on Aug. 18, and the report arrived with mixed signals for investors. Revenue rose 27% year over year to reach $1.04 billion and beat the average analyst forecast by roughly $43 million, and the company’s net income swung to $9 million following a $53…

After a year of commentators lamenting the extent to which Donald Trump had emboldened the world’s autocrats, the political tables may have begun to turn. Not only is Trump deeply unpopular globally, but any government that gets into bed with him is effectively offering proof of its own corruption. TIRANA—Here in the Albanian capital, the…

Federal Reserve Chairman Kevin Warsh isn’t likely to oversee an increase in interest rates at this week’s Fed meeting, for at least three reasons. First, Warsh personally doesn’t seem to buy the arguments for hikes. Second, raising rates would undermine the outcomes of his task forces. And, third, a rate increase risks putting him on…

A holy grail of environmental policy is an economy that delivers prosperity without requiring the ever-increasing consumption of raw materials. Increasing incomes while reducing environmental pressures hinges on the ‘decoupling’ of energy emissions from economic growth. Some countries in the global economy are moving in the right direction. But this good news can be misleading….