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I am 56, single and renewing my $400,000 term life policy. The agent says I can’t name my brother as beneficiary. Why not?

“The agent said he could not add my brother because he does not depend on my income, so has no insurable interest.”

This chart tells the story of the hottest stock market in the world as Samsung Electronics reaches $1 trillion in market cap

South Korean stocks shot up another 6% on Wednesday and Samsung Electronics reached $1 trillion in market cap, two milestones on a remarkable year that seen the Kospi index surge 75% this year and nearly triple over the last 52 weeks.

Bill Cosby cuts the price of his New York townhouse to $5.99 million

Bill Cosby has reduced the asking price of his Manhattan townhouse weeks after a California jury determined that he should pay nearly $60 million in damages to a waitress that he is accused of drugging and sexually assaulting in 1972.

Why Friday may see another spike in bond-market anxiety

It’s not just inflation concerns that have been pushing U.K. yields to multi-decade highs

Novo Nordisk says the Wegovy pill saw the fastest take-up in weight-loss drug history.

Novo Nordisk on Wednesday narrowly improved its financial guidance for a year where it still sees profit and sales falling after the fastest take-up in weight-loss drug history for its Wegovy pill.

Astera Labs’ stock climbs as the company strives to make AI chips more powerful

The connectivity company also issued upbeat earnings results

Oil futures fall after Trump pauses U.S. effort to partially reopen Strait of Hormuz

Crude-oil futures fell late Tuesday after President Donald Trump said his latest effort to partially reopen the Strait of Hormuz would be paused, to buy more time to reach an agreement to end hostilities with Iran.

Betting on long Treasury bonds when yields near 5% has been a slam-dunk trade over the past few years. Is this time different?

“There is not a ‘break-the-glass’ solution,” says former Treasury Secretary Steven Mnuchin of backup plans if the U.S. can’t finance its debt.

Micron’s stock soars as new report throws cold water on the bear case: ‘This time is different.’

IDC analysts say that the memory market can break from its historical tendency to see dramatic booms and busts.

Upstart’s stock is getting punished after earnings. Here’s the big gripe.

The AI lending company came up short on a key profit metric, but its CEO says that analysts may have mismodeled seasonal trends.

There’s one reason why $200-a-barrel oil can’t be entirely ruled out

This year’s roughly 80% surge in oil prices has done little to diminish demand for crude globally

Super Micro’s stock surges as Wall Street cheers a margin recovery

Shares of the AI server manufacturer jumped 16% as investors shrugged off a revenue miss to celebrate a rebound in profit margins.
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