College graduates in 2018 are even deeper in debt than prior classes, signalling that the student loan crisis is swelling. Two in 3 college graduates in 2018 had borrowed for their education. The average graduate owed $29,200, up from $28,650 in 2017, according to a report by The Institute for …

Olivier Pomel Source: CNBC Datadog, a cloud software company that sells analytics and monitoring tools, surged 50% in its stock market debut on Thursday, becoming the latest subscription software company to be met with enthusiasm by public market investors. Trading on the Nasdaq under the ticker symbol “DDOG,” the stock climbed …

The S&P 500 may be on a roll this year, but don’t expect it to make double-digit percentage gains in 2020 and beyond, longtime market strategist Byron Wien told CNBC on Thursday. “My view is the S&P is going to end with somewhat improved earnings,” said Wien, vice chairman of …

The prospect of further rate cuts from the Federal Reserve has not put a stop to a rally in the financials this month, and one banking stock is leading the pack. J.P. Morgan, the largest U.S. bank, has busted out to new highs this month, while the KBE bank ETF …

The Washington Post | The Washington Post | Getty Images Investors have overestimated the growth potential of wholesale retailer Costco, according to A.B. Bernstein. The firm downgraded the stock to underperform from market perform. Costco shares fell about 1% in premarket trading Thursday. “We think valuation is too high and …

The Washington Post | The Washington Post | Getty Images Investors have overestimated the growth potential of wholesale retailer Costco, according to A.B. Bernstein. The firm downgraded the stock to underperform from market perform. Costco shares fell 0.9% in premarket trading. “We think valuation is too high and investors are …

gilaxia | iStock | 360 | Getty Images Chances are that you’re overlooking a major retiree health care expense — and it’ll take a bite out of your pocket book. It’s the cost of dental care. In all, 27 million people — nearly 2 out of 3 Medicare beneficiaries — …

It’s been a big month for homebuilders. Home construction stocks — tracked by the iShares U.S. Home Construction ETF, ticker ITB — have climbed nearly 9% in the last month, with names like KB Home and Toll Brothers notching double-digit gains. KB Home shares reached a 52-week high on Wednesday …

Cars drive over the Golden Gate Bridge in Sausalito, California. Justin Sullivan | Getty Images The Trump administration moved Wednesday to rescind a waiver allowing California to set its own standards for car emissions. Critics understandably called foul. But emissions activists should keep in mind that improvement in fuel efficiency …

Everything is harder for girls, say Bill and Melinda Gates. The statement comes from The Bill & Melinda Gates Foundation’s third annual Goalkeepers Data Report, published Tuesday. The report tracks health, development and inequality data around the world. This year’s report showed while there has been improvement in global inequality, …