Articles

‘I like a good rally, but the stock market overreacted.’ Interest rates may need to go higher if the Fed wants inflation at 2%.

Easing too soon would likely reignite inflation and require the Fed to hike rates again.

Why this famed value investor sees bitcoin as ‘significantly undervalued’

Our call of the day from Bill Miller IV, portfolio manager and co-founder at Miller Value Partners, says he’s “still betting on bitcoin.”

Treasury yields slip with inflation data and Federal Reserve decision on the horizon

Treasury yields moved lower early Tuesday, with investors wary of crucial catalysts midweek.

‘These last few years have felt impossible’: My husband and I are in our 30s, earn $120,000 a year and pay $1,500 in rent. Will we ever own a home?

“We both have a 401(k), his totalling $20,000 and mine just over $56,000.”

‘I once felt that I had nothing’: I had a $8,000 debt that I was ashamed to reveal to my boyfriend, but I turned my life around

“I now see the light at the end of the tunnel.”

Taylor Swift favorite Golden Goose aims for $2 billion valuation in upcoming IPO

Golden Goose, which makes the scruffy sneakers worn by Taylor Swift, is looking to raise $600 million in what is set to be Italy’s biggest public float in more than a year

Bill Gross prefers European bonds over Treasurys and says U.S. stock market is valued at historically high levels

Bill Gross said he would not be comfortable taking a broad position in U.S. stocks, and preferred European government bonds over Treasurys, which could be significantly impacted by the U.S. election.

Jessica Chastain’s elegant Gilded Age New York apartment is yours for $7.4 million

The circa-1885 apartment is in the center of Manhattan, across from Carnegie Hall, near Broadway theaters and Central Park.

Elon Musk rails against Apple-OpenAI deal, threatens to ban iPhones from his companies

Tesla Chief Executive Elon Musk threatened to ban Apple iPhones from his companies Monday, calling the tech giant’s new deal with OpenAI a security risk and escalating his long-running feuds with both companies.

Christy Goldsmith Romero reportedly the front-runner to lead troubled FDIC

Derivatives regulator Christy Goldsmith Romero is the front-runner to lead the Federal Deposit Insurance Corp. following Chair Martin Gruenberg’s resignation, the Wall Street Journal reported late Monday.

CoreCivic shares fall as feds terminate detention-facility contract

Shares of CoreCivic fell late on Monday after the company confirmed it would take a financial hit from a terminated contract for a Texas border facility.

OpenAI taps veteran of Nextdoor, Square as new CFO, raising speculation about IPO

Artificial-intelligence developer OpenAI said Monday that Sarah Friar would become its next chief financial officer, as it prepares to work more closely with a growing number of large companies and deal with an increasingly fraught landscape for the technology.
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