Articles

‘This is my big chance to secure my future’: I’m about to inherit $600,000. What should I do with all this lovely cash? 

“Should I go for a high-yield account or a money-market for savings? I already have 401(k), IRA, and brokerage accounts, and laddered CDs.”

The real cause of post-pandemic inflation was demand, not supply, argues new research

A new research paper argues that the driver of a surge in post-pandemic inflation on both sides of the Atlantic was driven by demand, not supply.

Shell halts construction of major biofuels facility in the Netherlands

Shell has halted work on the biofuels facility in Rotterdam to ensure it remains competitive in the face of an anticipated flood of supply from the U.S.

Out-of-this world concrete fortress in Beverly Hills for sale by billionaire James Jannard for $68 million

The billionaire who founded the Oakley sunglasses company is selling this futuristic compound featuring Brutalist architecture.

Ten-year Treasury yields edge lower as traders await Powell comments

Bond yields fell early Tuesday ahead of comments from Federal Reserve Chair Jerome Powell and as traders awaited the first of several reports this week on the U.S. labor market

At least 30 injured after flight hits turbulence — sending man into overhead bin

At least 30 people were injured on Monday after an Air Europa Boeing 787-9 Dreamliner flight hit turbulence over the Atlantic, sending passengers flying out of their seats with one man appearing to have gotten stuck in the overhead bins.

Chinese EV maker BYD sees sales rise in June

Chinese electric-vehicle maker BYD sold 341,658 vehicles in June, up 3% from May and 35% higher from a year ago.

Salesforce shareholders reject compensation plan for Benioff, other top execs

Salesforce Inc. shareholders rejected a compensation plan for Chief Executive Marc Benioff and the company’s other top executives after it was opposed by two large advisory firms.

A surge of new apartments is hitting the market. Renters in these cities stand to benefit the most.

Renters are seeing an increase in housing supply this summer as builders complete construction on thousands of new apartments.

Silvergate, of crypto infamy, sued by SEC for securities fraud

SEC charges are latest for the once crypto-friendly bank swept up by the collapse of FTX Trading.

Restaurant stocks are breaking down. That’s an ‘ominous’ sign for a ‘late-cycle market.’

Restaurant stocks are breaking down, adding to concerns over consumer-related parts of the market, says a top Wall Street technical analyst.

Stocks are headed for a ‘summer squall,’ Citi warns

Citigroup equity strategist Scott Chronert has a list of reasons why a pullback this summer could be triggered in the stock market
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