Publication
Foster children are getting their own version of ‘Trump accounts,’…
Starting in July, some 330,000 foster children in the U.S. will be eligible for a “Fostering the Future account,” a version of the “Trump account” for children. At the announcement ceremony on Thursday, first lady Melania Trump said that 23 states had...
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Sales of million-dollar homes suggest inflation is spurring the…
New data suggest rich buyers are fueling a rise in home sales, while lower-income Americans are finding it harder to get on the property ladder - a sign the “K-shaped” economy is growing even more pronounced thanks to the current bout of high inflation...
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S&P 500 companies can’t stop talking about higher oil prices. Bu…
Listen to a few earnings calls this season, and you’ll get the sense that CEOs are worried about high oil prices as the Iran war continues. But a look at the numbers shows those anxieties haven’t had much of an impact yet on their profit expectations...
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My sister, mother and I are giving my son $ 20,000 toward a down…
Dear Moneyist, My son is buying his first home, and his grandmother, aunt and I are giving him $20,000 for the down payment. The loan officer has advised his grandmother and aunt to give me their portions, which I will deposit into my account. The...
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My student loans are paused until 2028 Should I pay them now . …
Welcome back to Don’t Short Yourself, where we share practical tips for managing your money. Subscribe to Don’t Short Yourself for free. Today’s DSY edition is about student debt, and what to do if your loans are on pause. Should you keep paying them...
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‘ He didn’t really pay attention’: I told my friend he left millions on…
I wrote to you recently about my own financial journey (“My wife and I retired with 22 times our income. Why don’t more people do what we did?”) and how I see money as a “clone” of myself, and how through compounding it continues to work on my behalf...
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Elon Musk’s xAI is draining SpaceX’s cash, with little to show…
Elon Musk is going all-in on artificial intelligence, but his xAI has been gobbling up SpaceX’s cash, diverting attention away from the rocketlaunch and satellite operations. Musk founded xAI in early 2023 before officially announcing the startup’s...
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FCC chair is accused of illegally trying to rein in the media Here .
The head of the Federal Communications Commission has historically been a littleknown figure outside a circle of mediaindustry insiders and regulators. But under the Trump administration, FCC Chair Brendan Carr has been a very public face at the center...
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Walmart and Target are about to show just how much shopping
As the Iran war began driving gas prices higher in March, Walmart executives told UBS analysts that consumers’ attitudes start to sour when gas prices hit $ 3.50 to $ 4 a gallon. At around $ 4 to $ 4.50, shoppers start making substitute purchases. At $...
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Nvidia earnings alone won’t rescue the S&P 500 from its new sell signal
Some significant, marketinfluencing companies are reporting next week - led by Nvidia and also including Cava Group, Home Depot, Target and Walmart. Companies that could report earnings surprises show a particular trading pattern of implied volatility...
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As Nvidia earnings draw closer , here are 5 things investors need t …
Nvidia is still at the center of the artificialintelligence universe, but its stock doesn’t necessarily reflect that. Yet a Goldman Sachs analyst sees potential for renewed excitement once the company reports earnings later this month. Shares of...
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The year’s best tech trade is hiding in plain sight - and no, it’s not the…
South Korea has been the world’s single best-performing major market this year - its benchmark KOSPI index has soared 75% in U.S.-dollar terms through May 7. The Nasdaq composite COMP? Up 11%. There’s good reason for stock investors to stick with South...
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This gold-timing indicator just hit a bottom - history says a strong rally is next
and
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OPEC+ announces modest boost in oil production. But here’s why it…
In a largely symbolic move, the OPEC+ nations announced Sunday that they would slightly increase crude production in June, as the war with Iran continues to stifle the world’s supply of oil. In a statement, the group of oilproducing nations -...
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Why betting on rising oil prices is now like picking up nickels in front of bulldozer’
It’s been another wild month in global oil markets, with crude prices sinking after the U.S. and Iran agreed to a cease-fire on April 8, only to eclipse prices from their record-breaking climb in March. Brent crude futures early Thursday managed to...
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‘ We believe it’s real’: My mom received a check from a class-…
Dear Quentin, I handle my elderly mother’s finances. She got a check in the mail for a class-action settlement and cashed it. It later bounced and now they are deducting that amount from her account. I believe this is a legitimate case of timeshare...
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Sen. Thom Tillis drops opposition, says he’ll back Kevin Warsh’s Fe…
Sen. Thom Tills said Sunday he’s ready to support the confirmation of Kevin Warsh as the new chair of the Federal Reserve, now that the Justice Department has dropped its criminal case against outgoing Chair Jerome Powell. Speaking Sunday on NBC’s...
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Cheap stock options suggest a big post-earnings swing next week f…
Earnings reports next week are led by some of the largest tech companies: Apple AAPL, Amazon. com AMZN, Alphabet GOOG GOOGL, Meta Platforms META, Microsoft MSFT and Qualcomm QCOM. The earnings surprises we look for have a particular pattern of implied...
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This is what critics of Apple and Tim Cook get dead wrong
Tim Cook must feel as though no good deed goes unpunished. Even though his tenure at Apple AAPL has been hugely successful by almost any measure, the financial media can barely restrain itself in belittling his accomplishments as CEO. It shows once...
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Investors brace for renewed volatility after this weekend’s Iran developments
After a three-week-long rally that’s brought the S&P 500 to new record highs, investors are again bracing for uncertainty following a whirlwind of weekend developments concerning the war with Iran. Hopes had been raised last week that the war may soon...
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Jury finds that Live Nation is an illegal monopoly but a breakup ,
After a jury on Wednesday found that Ticketmaster owner Live Nation was an illegal monopoly, fans, smaller venues and artist groups expressed hope for a breakup of the concert-ticketing giant. But analysts said such a split probably wouldn’t happen....
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Albertsons cites slower GLP - 1 growth, higher gas prices for a …
Albertsons shares were knocked lower Tuesday after the grocery-store chain forecast weaker-than-expected sales trends for this year and said surging gas prices were starting to squeeze some consumers. Albertsons ACI also announced a roughly $774...
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April’s stock-market rebound is about to face its first major test a…
The recovery in the U.S. stock market since the beginning of April could soon face its first critical test, as the first-quarter corporate earnings season is about to get underway. Many on Wall Street have credited analysts’ sunny earnings estimates...
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Software stocks are having a ‘ fullfledged breakdown’ - and they…
Software stocks are experiencing another brutal selloff on Thursday, and one technical strategist suggests more pain could be ahead for the beaten-down sector. The iShares Expanded TechSoftware ETF IGV is off 4.4% in Thursday afternoon trading,...
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Multimillion- dollar pay these 20 low-wage companies is…
At America’s 20- largest low-wage employers, median wages won’t get you a used car or a two-bedroom apartment. In many cases, workers are forced to rely on government benefits such as SNAP or Medicaid.
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April is usually a strong month for stocks - but three factors now…
Investors had hoped April’s historically strong seasonality could bring a rebound for stocks after a rough first quarter. But several forces may stand in the way. The S&P 500 SPX fell 4.6% in the first quarter - its worst first quarter since 2022 - as...
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OpenAI is officially a media company after buying Silicon
In an unprecedented business move, OpenAI announced Thursday the acquisition of digital media outlet Technology Business Programming Network, also known as TBPN. The acquisition is OpenAI’s first foray into media, and comes just weeks after the Wall...
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Oil prices saw a record rise in March Why the US may not ne . . . …
Global oil prices in March cemented their largest monthly gain on record, following huge disruptions to energy producers in the Middle East and shipping in the Strait of Hormuz over the past month. What began with U.S. and Israeli attacks on Iran in...
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Stocks are teetering on the edge of correction territory. Why the ‘ TAC…
With U.S. stocks on the doorstep of correction territory, the once-reliable “TACO trade” -where “Trump Always Chickens Out” when trouble hits markets - has been looking suspect. Concerns about the escalating Iran war, the surge in oil prices CL.1 BRN00...
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AI wants to spend your money for you. Should you trust it?
Financial planner Stephen Kates thinks using artificialintelligence tools for personal finances is similar to using a chainsaw: “In the hands of the right person with the right capabilities, you can carve a beautiful statue or cut a tree or do...
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A picture of a retirement plan is worth a thousand words could help you save more
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The financial sector is sending some spooky technical signals …
A number of charts suggest the financial sector is suffering through a bearish technical breakdown, and that could send a chilling signal for the rest of the stock market. The State Street Financial Select Sector ETF’s XLF chart has been flashing...
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