Articles

Here’s why Trump will reject a flat tax

A flat tax rate is one of those ideas that sounds great until you think about it.

P&G’s stock falls after sales miss, as baby and health-care volumes declined

Shares of Procter & Gamble Co. slipped Friday, after the consumer packaged-goods company reported fiscal third-quarter sales that came up short of forecasts, amid weakness in the segment encompassing baby, feminine and family-care products.

Users say Robinhood’s overnight trading service went down after Israeli attack

During the height of uncertainty over Israel’s retaliatory attack against Iran, Robinhood users say they were unable to trade.

Schlumberger posts profit gain for first quarter as revenue tops estimates

International revenue rose 18% to offset softness in North America, says CEO.

Apple removes WhatsApp and Threads from China store after order from government: WSJ

The removal from the app store means Chinese mobile users are unable to download and use it via VPNs, which allow users to get around the country’s firewalls.

Why buying stocks in this hot sector may turn out to be a money-losing bet

The semiconductor industry has been soaring; that won’t last forever.

U.S. dollar — and its No. 1 status — could become a casualty of economic war

A less-respected U.S. dollar will have major implications for world trade and American consumers.

Amex sees 7% boost in card spending as profit crushes estimates

American Express saw an acceleration in new card acquisitions during the first quarter, and it recorded a profit beat for the period.

Tesla’s stock heads for sixth straight slide as Cybertruck recall is announced

Tesla must recall nearly 4,000 Cybertruck vehicles due to potential problems with their accelerator pedals.

This unusual combination signals either booms, bubbles or inflections, says Bank of America

There’s an unusual combination in markets this year that has happened just five times in the last 60 years.

Mark Zuckerberg is now richer than Elon Musk as Meta launches new AI

Zuckerberg’s total net worth of $178 billion surpassed Musk’s $170 billion as of Friday, according to Bloomberg’s Billionaire Index.

‘I’d rather wear a potato sack’: I’m a bridesmaid at three weddings. The ‘bridezillas’ chose ugly dresses — and I’m obliged to pay. Should I say no?

“I’m getting increasingly anxious about these mounting expenses, and I don’t know how I can possibly afford them.”
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