By Staff Reporters
Markets: Stocks sagged as investors wondered whether those “productive” debt-ceiling meetings would actually lead to the production of a deal to raise the borrowing cap. The “X-date” by which the US would default on its debts could arrive in eight days [June 6-8].
- Stock spotlight: Yelp shares popped after an activist investment firm called on the review app to explore strategic alternatives, including a sale, the WSJ reported. The activist investor believes that Yelp could fetch a price that’s more than double its current value.
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Filed under: "Ask-an-Advisor", Breaking News, Ethics, Investing | Tagged: debt ceiling, debts, US debit ceiling, YELP | Leave a comment »














