Articles

‘It’s pure greed’: Parking prices for concerts now often top $50 — and can reach $1,000-plus

The most expensive city for concert parking, according to a new survey? San Francisco.

Car dealerships go ‘old school’ as CDK Global cyberattack forces some services to go back to paper

Service orders, sales, title work and even payroll calculations for hourly workers are halted at most car dealers in the U.S. as a software provider works through a cyberattack.

How a Florida traffic stop unraveled a multistate unemployment-benefit scam

After Tampa police found a ledger and debit cards in other people’s names in Damond Alford’s car, investigators were able to piece together how $300,000 had been stolen.

Eli Lilly seeks FDA’s OK to expand Zepbound’s uses to include sleep apnea 

Eli Lilly said Friday that it has applied for U.S. regulatory approval to expand the use of its weight-loss drug Zepbound to include treatment of sleep apnea, as new data show the drug may help many people breathe easier at night.

Why Trump is ‘getting only upside’ for his crypto reversal

Donald Trump is embracing cryptocurrency in his bid for the White House, and the crypto industry is hugging back.

Investors poured a record amount of money into technology funds this week

Investors poured money into technology funds at a record pace over the past week, as surging demand for artificial-intelligence winners like Nvidia helped the chip designer briefly eclipse Microsoft as the world’s most valuable company.

Fed may ease stress capital buffers for Goldman, Citi and other big banks: analysts

The Federal Reserve may increase stress capital buffers at Truist Financial Corp. and KeyCorp and ease them for Goldman Sachs Group Inc., Citigroup Inc. and other big banks when the central bank releases stress-test results Thursday, analysts at KBW said.

Why Nvidia’s bonds are a safe-haven alternative to its high-flying stock

This analyst is recommending buying the bonds given the company’s huge free cash flow and minimal leverage.

Micron’s stock could wield 40% upside — even though earnings may not be a driver

A Wolfe analyst doesn’t think next week’s earnings report will prove a “meaningful catalyst” for Micron shares. He’s more enthused about earnings power over the medium term.

Retail investors are having a pretty good year. Here’s why that could continue no matter what happens next.

Aggregate retail-investor portfolios are beating market benchmarks like the S&P 500 this year and closely trailing the Nasdaq, according to data from Vanda Research.

Why Israel-Hezbollah tensions aren’t shaking up the oil market yet

Rising tensions in the Middle East following an Israeli military attack on Hezbollah targets in southern Lebanon are bound to raise concerns about crude supplies in the region, yet failed to contribute to a rise in oil prices on Friday.

How jumping on the biggest stocks — Nvidia, Apple and Microsoft — can hurt you

Also: How to broaden your exposure to semiconductor stocks, help with retirement planning, and a complex financial crime.
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