Articles

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.

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

The fate of proposals to increase taxes on ultrarich Americans may have wait for the results of November’s congressional and presidential elections.

Commodities have erased most of their 2023 losses in just the first half of this year, with the “China effect” partly to blame for changes in metals prices. Analysts aren’t surprised.

Bank of America, Citibank, Goldman Sachs and JPMorgan are flagged, while BNY Mellon, Morgan Stanley, State Street and Wells Fargo get passing grades.

The leading index for the U.S. economy sank again in May, declining for the third month in a row, but it “doesn’t currently signal a recession,” the Conference Board said.

It’s really living up to its nickname: ‘The Champagne of Beers’

Existing-home sales fell to a rate of 4.11 million in May, the National Association of Realtors said.

The U.S. economy expanded in June at the fastest pace in more than two years, a pair of S&P surveys found, amid growing optimism among business leaders about the future.

“We are looking for income in retirement.”

Consumers in areas where pot is legal say they’re drinking less alcohol, according to data cited by Bernstein analyst Nadine Sarwat.

An analyst thinks Palantir will see AI benefits but deems the stock’s valuation to be steep on a relative basis and given industry pressures.