Articles

This investment fad looks good, but the math says you should probably avoid it

Also: Estate planning mistakes, a hot bond market and a possible rotation for stocks.

Biden and Trump are split on a key issue that could be a ‘wildcard’ for gas prices

This may come as a surprise to some: U.S. presidential elections and policies don’t impact the short-term cost of gasoline at the pump, according to Patrick De Haan, head of petroleum analysis at GasBuddy.

Consumer sentiment falls to 8-month low on frustration with inflation

Consumers’ optimism about the economy fell to an eight-month low in July over frustration with high prices, even though they expect inflation to slow over the next year.

Want 16-year-old soccer wunderkind Lamine Yamal on your team? It will cost you $1 billion.

Yamal’s release clause is by far the most expensive ever. Would a team actually pay it?

Not sure how to invest? Be a Dorothy, not an Alice.

Set a goal for your investments and keep these four things in mind

SpaceX Starlink mission runs into problems, as satellites’ orbit is too low

“Unlike a Star Trek episode, this will probably not work, but it’s worth a shot,” said SpaceX CEO Elon Musk.

Oil prices higher after cooler U.S. inflation data

Oil futures rose Friday morning, aiming for a third straight winning session, after finding modest support the previous day following a cooler-than-expected June consumer-price index reading that reinforced expectations for the Federal Reserve to begin cutting interest rates later this year.

Diageo downgraded to sell at Goldman on prospect of vodka, whisky slump

Goldman Sachs downgraded Diageo from a neutral rating as its analysts predicted a slump in the U.S. spirits market will have an outsized impact on its sales

Study finds Novo Nordisk’s Ozempic may reduce dementia

A study finds a drug known for weight loss may also help to reduce dementia.

Tech stocks could see a Brexit-like rerun, this fund manager says. A big test is brewing.

Lake Cornelia Research Management’s chief investment officer Judd Arnold says stocks could be looking at a repeat of recent history if an unwind of a popular trade continues on Friday.

AT&T’s stock slides 3% after company discloses hack of calls and texts

The company said that the hacked data “does not contain the content of calls or texts, personal information such as Social Security numbers, dates of birth, or other personally identifiable information.”

‘Our wills are an open book’: We have a net worth in the millions and promised our three children a free education. Some of our kids are now crying foul.

“We are now 70, have a few health issues and do not want to be a financial burden to our children as we age.”
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