Articles

Bill Ackman plans Pershing Square IPO to profit on newfound fame: report

Ackman is selling off a stake in Pershing Square as a precursor to the IPO, in a deal that values the hedge fund at $10.5 billion

Trump pledges to stop wind energy. Here’s what may be ahead for the sector.

Presumptive GOP presidential nominee Donald Trump has promised to squelch offshore wind development on his first day back in office with an executive order. Analysts are forecasting what could be ahead for wind energy.

Putting a pet to sleep is a heartbreaking decision. These emotional-support humans can help.

Pet doulas represent a small but growing niche in death care for animals.

You can retire safely — even if you don’t have tons of money

How to meet your needs and preserve your peace of mind

Cost of Trump tax cuts soars 50% amid ‘abuse’ of business loopholes

Extending the 2017 tax law that was the signature achievement of Donald Trump’s administration will cost 50% more than originally forecast, because wealthy taxpayers have found loopholes that significantly reduce their tax burdens.

JD Sports shares slump as retailer scrapes bottom end of profit guidance

JD Sports reported an 8% drop in its pre-tax profits, to £917 million, that saw it achieve the bottom end of its £915-£925 million guidance

Stocks are set to break out of a trading range — one way or another

S&P 500 is looking for direction: Watch New York Stock Exchange new highs and new lows.

Don’t fear the PCE. The recent market dip leaves stocks more likely to rally in coming days

Don’t be frit. After the stock market’s latest dip the Fed’s favored inflation gauge is more likely to trigger a rally

Eurozone inflation rises as ECB considers rate-cut

Eurozone inflation picked up in May as prices of services rose more rapidly, but that is unlikely to deter the European Central Bank from proceeding with a heavily signaled interest-rate cut next week.

Mortgage ‘junk fees’ can add nearly $6,000 to the cost of buying a home. The Biden administration says it’s cracking down on the charges.

‘The CFPB is looking for ways to reduce anticompetitive fees that harm both homebuyers and lenders,’ agency director Rohit Chopra says

Treasury yields creep up ahead of Fed’s preferred inflation indicator

Investors are waiting for the Fed’s preferred inflation gauge, as bond yields recover from a drop on Thursday.

Liquidity is starting to dry up as the Fed conducts QT and bank lending slows, says JPMorgan

Liquidity is starting to dry up, which could it make it difficult for stocks and other risky assets to advance from here, according to analysts at JPMorgan.
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