Articles

Japan’s economy shrinks about in line with first-quarter estimates

The Japanese economy shrank at almost the same pace as initially estimated in the January-March quarter due to sluggish spending by households and companies, revised government data showed Monday.

Elliott reportedly builds big stake in Southwest Airlines, will seek changes

Activist investor Elliott Investment Management has taken a large stake in Southwest Airlines and intends to push for changes, the Wall Street Journal reported late Sunday.

Stock market faces midweek double whammy with Fed decision following CPI inflation reading

Stocks will enter the week near all-time highs as investors await a key inflation reading and guidance from the Federal Reserve.

Executives’ ‘recession’ chatter hits lowest point since post-lockdown rebound year

After 2022’s inflation surge, many economists were convinced the nation was destined for a recession. Today, executives, at least, are not nearly as worried.

Apple’s WWDC is on deck. Here are 5 things to expect as AI comes into focus.

Apple’s WWDC kicks off Monday with CEO Tim Cook’s keynote address.

Virgin Galactic completes final Unity flight, sets sights on new Delta spacecraft

Virgin Galactic Holdings Inc. successfully completed the final commercial flight of the space tourism company’s Unity spacecraft Saturday, marking an important milestone for the firm.

Why the Dow brushed off surging Treasury yields after a hot May jobs report

Treasury yields are jumping, but stock-market investors appear unfazed by a hot May jobs report.

Norway’s oil fund to vote against Musk’s $56 bln Tesla pay award

The world’s largest sovereign wealth fund has said it will vote against ratifying Elon Musk’s $56 billion pay award at Tesla, as the largest remuneration package in U.S corporate history comes under shareholder scrutiny.

My wife and I are nearing retirement — and have $4 million in real estate. Should we sell our properties and invest the money?

“Retirement for me does not look like sitting still anywhere.”

Crypto bulls celebrate latest price run-up with RFK Jr. and take pot shots at Jamie Dimon

Crypto enthusiasts celebrated the presidential candidate and mocked the JPMorgan CEO at this year’s Consensus conference in Austin, Texas.

Fidelity is winning ETF revenue-sharing deals after its service fee shook the booming industry

‘Everyone is fighting to preserve their slice of the economic pie,’ in the booming world of ETFs

Fed won’t move interest rates next week, but meeting will still be a feast for economists

The Federal Reserve is widely expected keep its benchmark interest rate steady at the end of their two-days of deliberations on Wednesday, but economists will be watching closely for any clues on the timing of the first rate cut in four years.
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