Articles

The California wealth tax has a loophole—here’s how much billionaires could save

California’s billionaire tax has sparked an exodus of some of the state’s wealthiest residents. But for those who remain, there is one loophole that could help them to save millions.

Kylie Jenner knocks $2.26 million off the price of her SoCal mansion

Reality star Kylie Jenner doesn’t appear too keen to “keep up” the price of her longtime Hidden Hills home—having already slashed a sizable $2.26 million from her asking price.

U.S. stock futures rise, oil falls as Trump touts new plan to partially reopen Strait of Hormuz

U.S. stock-index futures rose and oil prices fell Sunday, after President Donald Trump said the U.S. will work to “free” neutral shipping that’s been stranded in the Persian Gulf since the start of the war with Iran.

OPEC+ announces modest boost in oil production. But here’s why it’s a mostly symbolic move.

In a largely symbolic move, the OPEC+ nations announced Sunday that they would slightly increase crude production in June, as the war with Iran continues to stifle the world’s supply of oil.

The market is riding high on an AI spending boom — but what could crack this rally?

Earnings have dazzled in Q1, but continued upward revisions to 2026 outlooks have been highly concentrated.

S&P 500 profits haven’t been this rich in at least 15 years — but there’s more to the story

Three Big Tech companies have had an outsize impact on first-quarter profit performance.

Spirit Airlines made this critical mistake that drove its demise

Spirit has canceled all future flights and is immediately shutting down.

Become a ‘lazy’ millionaire: This one habit can add a 20% bonus to your retirement

The S&P 500 just banked its best month since 2020 — but to keep those gains, stop celebrating and focus long-term.

Google is now a glorified venture-capital fund thanks to its SpaceX and Anthropic stakes

Google’s early investments in SpaceX and Anthropic look like some of the “most successful venture bets any public company has ever made,” one expert says.

Meet the unsinkable U.S. economy — oil prices are surging, Iran tensions are rising, but it won’t crack

High tariffs, stubborn inflation, government shutdowns, war with Iran, rising oil prices — nothing in the turbulent past year has poked a hole in a seemingly unsinkable U.S. economy.

EV drivers are taking a victory lap — right past the gas stations selling $4-a-gallon fuel

Electric-vehicle drivers are taking a victory lap as the war in Iran has slowed global oil supplies and pushed up the cost of gasoline.

America’s biggest oil companies are making less money than before the Iran war

Even once the Strait of Hormuz reopens, it will take months for oil and gas flows to get back to normal, Exxon and Chevron warn.
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