NewsWatch: Will Rio Olympics help send U.S. stocks to new highs?


Juiced by ample liquidity and reviving confidence in the U.S. economy, major stock indexes rally to record levels this week. And there may be more fireworks in store for the stock market on a big boost from an unexpected quarter—the Rio Olympics. See full story.

NFL player Trent Richardson’s family blew $1.6 million of his money in less than a year

He had a $20.5 million contract, but is now out of the league — and millions of dollars. See full story.

Why Bristol-Myers lung-cancer drug could still succeed despite stunning trial failure

Trial failure was “possibly the biggest clinical surprise of my career,” an analyst wrote.

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