Articles

Videogame giants are becoming disconnected from players — and profits

Sony, Electronic Arts and Ubisoft reflect an industrywide misunderstanding (or perhaps disregard) of what gamers value.

Tell your adult children about your wealth — just don’t tell them everything

Some parents might be concerned that their children will want more and do less.

Medtronic credits heart-surgery-device growth as profit tops analyst estimates

Medtronic said it is “starting to see the results” of its investment in new products.

Oil prices lifted after drone attack on Russian pipeline

Oil futures were lifted Tuesday, finding support after a drone attack by Ukraine on a pipeline carrying crude from Kazakhstan across southern Russia curtailed flows.

Memo to the Fed: Focus on inflation, not the stock market

Officials’ speechmaking can get in the way of effective policymaking.

Last week showed the stock market has moved on from obsessing about inflation. Here’s the new playbook.

Neuberger Berman advises investors move on from inflation worries and focus on growth expectations instead.

Southwest Airlines to cut 1,750 corporate positions in first nonvoluntary layoffs in 53-year history

Southwest Airlines says it seeks to cut costs and create a leaner company able to compete .

Buffett’s been hoarding cash. The rest of the market is doing the opposite.

While Warren Buffett has been building cash reserves, the rest of the market has taken their cash holdings to the lowest level in 15 years.

Treasury yields rise as Fed rate-cut chances recede

U.S. bond yields rose early Tuesday as trading returned from a long weekend and Treasurys played catch-up with developed-market peers.

‘I have fear of financial insecurity’: I’m 58, recently widowed with $1 million saved for retirement. What if the economy tanks?

“My pension after taxes is estimated at $6,500 per month. I’m eligible at age 60 to access $2,400 per month of my husband’s Social Security.”

Baidu profits slow in ‘transformation year’ but top estimates

Chinese internet giant Baidu said its core business saw declining profits in the fourth quarter as online marketing revenue growth slowed even as its AI cloud business grew.

Their home survived, but fires may be too much for John Legend and Chrissy Teigen to stay in L.A.

Singer John Legend has admitted that he and his wife, Chrissy Teigen, are considering walking away from their Los Angeles home in favor of returning to New York City.
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