The Wall Street Journal - Markets BlackBerry's Valuation Got Disconnected 2017-06-23T13:54:44.000000000-04:00 BlackBerry’s share price surged in the months since it was awarded millions in an arbitration dispute with Qualcomm. Disappointing quarterly results wiped out a chunk of those gains. For Consumers, Less Debt but Lots of Bills 2017-06-23T08:52:17.000000000-04:00 As a group, U.S. households’ debt-to-income and debt-to-asset ratios in the first quarter fell to their lowest levels since the early 2000s. But financial obligations beyond debt payments, such as rents and auto leases, are taking a bigger bite out of pay. Brexit One Year Later: Markets Might Get It Wrong Again 2017-06-23T07:15:31.000000000-04:00 The Brexit vote sank the pound but buoyed the FTSE 100. That relationship might be changing. Weibo Gets in Beijing's Way 2017-06-23T06:01:14.000000000-04:00 Investors need to consider the political risk faced by China’s version of Twitter. China's Debt Crackdown Could Get Out of Hand 2017-06-23T03:53:08.000000000-04:00 High flying Anbang and HNA are the latest victims of a broad crackdown on risk in China. The well-worn thesis that China would have a boring year ahead of its leadership summit has proven false. A New Risk for Goldman, Morgan Stanley in Stress Tests 2017-06-22T17:30:44.000000000-04:00 This year’s bank stress tests turned up an unpleasant surprise for Goldman Sachs and Morgan Stanley. The banks scored low on a metric introduced for the first time this year, the supplementary leverage ratio, meant to measure banks’ total leverage. A Risky Bet By Investors---That the Health-Care Bill Fails 2017-06-22T17:10:10.000000000-04:00 The Better Care Reconciliation Act of 2017 is here, and investors aren’t remotely concerned. 'Immaterial' Revision or Not, Hain Still has Problems 2017-06-22T16:23:12.000000000-04:00 An internal investigation at Hain Celestial Group found past errors in its accounting were immaterial. Investors care more about the company’s future, which still looks troubled Uber: Too Big to Flail 2017-06-22T12:21:21.000000000-04:00 The investors who have sunk many billions into Uber can take at least some comfort in the reality that scale still matters—by a lot. What Could Go Wrong in the Fed's Stress Tests 2017-06-22T11:10:21.000000000-04:00 The Federal Reserve will reveal on Thursday which of the 34 banks it tests have passed hypothetical negative scenarios while maintaining required capital levels.