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Get ready for stocks to hit a wall this summer, says JPMorgan

The stock market could see upside peak this summer as investors fail to read signs of a slowdown and keep piling into stock markets, says JPMorgan strategist Marko Kolanovic.

Biden administration needs a winning EV strategy or Chinese carmakers will take American jobs

U.S. auto manufacturers could require indefinite subsidies that would strain the federal budget.

Warren Buffett’s Nebraska grabs top spot in new ranking of state finances

Nebraska, an energy-producing state with a relatively low debt burden, jumped seven spots to the top the Conning’s 2024 ranking of all 50 U.S. states from a credit perspective.

Latest GameStop stock rally fueled by ‘baseless speculation,’ brokerage CEO says

In meme-stock rallies such as GameStop’s latest surge, “baseless speculation is misunderstood as strategy,” says Dan Raju, CEO of cloud-based financial-services provider Tradier.

Does temporary disability insurance help or hurt the Social Security disability program?

It reduces Social Security applications and new beneficiaries

Oil prices extend slump triggered by OPEC+ move to phase out some production cuts

Oil futures fell Tuesday, extending a decline that took crude to its lowest close in four months the previous session.

‘My husband does all our finances’: We have $200,000 in a high-yield savings account at 3.75%. Are we beating inflation?

“We rely solely on his income to support our family and we have eight kids, so I have aimed high for our emergency fund.”

A ‘pick and mix’ stock market has emerged thanks to higher interest rates, says Goldman Sachs

In a stark reversal from the past decade, the stock market environment has become far more eclectic, with a diverse range of styles, sectors and regions outperforming this year, in what Goldman Sachs strategists have labelled a “pick and mix” market.

Why U.S. oil production isn’t a huge threat to OPEC+ market share anymore

Assuming domestic oil production has reached its limit for now, the U.S. could pose less of a threat to OPEC+ market share moving forward. Instead, it is the potential for weaker-than-expected global energy demand that could end up being the cartel’s bigger enemy.

BP shares under pressure after S&P Global downgrade over share buyback plans

S&P Global said BP’s plans to use 80% of all surplus cash to buy back shares from shareholders will see it struggle to reduce its debts

Take a peek at Judge Judy’s luxurious Manhattan penthouse, listed at $9.5 million

The thoughtfully restored penthouse has a wraparound terrace with views of the city.

One theory on how Roaring Kitty amassed such a giant GameStop position

So, how did Roaring Kitty aka Keith Gill get all that money in the first place?
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