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3M’s new lowered dividend yield is still double the S&P 500’s

3M’s stock pulled back slightly from a 15-month high on Wednesday, after the consumer and industrial products company cut its quarterly dividend by more than half in the wake of the spinoff of its healthcare business.

GameStop’s meme rally will likely be a series of ‘descending spikes,’ says market-cycles expert

“All of the GameStop rallies have been pretty spiky.”

Card payments remain a ‘challenge’ for legal cannabis as major banks avoid the sector. Changing classification won’t help.

Standard credit card transactions remain elusive but more financial services firms are moving into the space.

Oil prices hover near 9-week lows as traders await CPI data

Oil futures edged lower Wednesday after ending the previous session at nine-week lows, with traders awaiting a key U.S. inflation reading and official storage data.

NYCB’s loan sale to JPM praised as ‘important first step’ in turnaround

NYCB’s stock rises 5% in premarket trades after announcing deal to sell loans to JPMorgan Chase.

Why you might consider bitcoin and gold to keep your wealth safe

Both assets are far removed from government’s grasp.

AMC discloses debt-for-equity swap that will see it issue 23.3 million shares

AMC is exchanging stock for bonds that mature in 2026.

Bitcoin is struggling at these prices — and crypto traders are fretting

Is a crypto crash near? Why some bitcoin experts are breaking with the bulls.

Mortgage rates fall for second week in a row, giving a ‘small boost’ to refinances

Mortgage applications rose 0.5% in the last week, the Mortgage Bankers Association said. The average rate for a 30-year mortgage is 7.08%.

Get ready for more S&P 500 highs, but bigger dips, says faithful S&P 500 bull

The Kobeissi Letter’s Adam Kobeissi has been a faithful and largely accurate bull since the S&P 500’s October lows. He’s still bullish but says get ready for some choppiness.

Is it worth it to own Treasurys right now? These 5 charts might hold the answer.

Whether or not it makes sense to own Treasurys right now has become one of Wall Street’s favorite debates.

‘I’m weary of repeating myself’: How do I deal with rich friends who take $22,000 cruises and book $800 hotel rooms? Prices are crazy enough already.

“When one friend made a fuss over wanting to fly business class, I threatened to cancel completely.”
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