Articles

My sister made frequent withdrawals from the ‘bank of Mom and Dad.’ Now our family is torn apart. What can I do?

“My sister did nothing because she was a girl, and my brother was too young to help.”

A plunging pound with surging U.K. yields suggest the bond vigilantes are lurking

A plunging pound and a surge in U.K. government borrowing costs to their highest since the great financial crisis serve as a warning to the U.S. and other countries that the bond vigilantes are still lurking.

After leaving the U.S., Richard Gere dives into holiday season in Spain with family

The Hollywood legend has wasted no time in enjoying his new life in Spain, taking full advantage of the holiday season to explore the surrounding areas of his Madrid abode.

The stock market is at the same valuation as when Greenspan made his ‘irrational exuberance’ comment

Stocks by one valuation measure are at the exact same place they were when former Fed Chair Alan Greenspan made his infamous “irrational exuberance” comment.

Biden administration planning new AI chip export limits that would hit Nvidia, report says

The White House is finalizing additional restrictions on the export of artificial intelligence microchips that would hit companies including Nvidia and Advanced Micro Devices, according to a report.

Port strike averted on East and Gulf coasts, in what both sides call ‘win-win agreement’

A union that represents thousands of workers on the East and Gulf coasts reached a tentative six-year agreement with their employers, according to a joint statement released on Wednesday

S&P 500 starts January with gains after Santa rally busts. What to watch for next.

A pair of closely watched but overlapping stock-market phenomena delivered a split decision for investors looking for clues to possible full-year performance. A tiebreaker awaits.

Trump’s Day One: Incoming president looks set to act on tariffs, crypto, energy and immigration

On his first day back in office, President-elect Donald Trump is planning to go big on executive orders and other actions, including ones that aim to rollback some of his predecessor’s policies. Here’s a brief guide.

Paul Krugman thinks bond yields may be rising due to an ‘insanity premium’

Economist Paul Krugman says a rise in 10-year yields may be driven by President-elect Donald Trump’s economic policy pronouncements and other proposals.

Costco’s online sales in December get a boost from this year’s late Thanksgiving

Costco Wholesale Corp. on Wednesday reported a 9.9% year-over-year sales gain through the final stretch of the holiday shopping season, marked by a big jump in online sales.

These defense and aerospace stocks may reap the benefits of the hypersonic-missile race

Defense company Kratos and subcontractors Rocket Labs and Leidos are involved in a five-year, $1.45 billion U.S. government contract for testing hypersonic missiles.

Wall Street’s riskiest stocks are melting down as retail traders face ‘day of reckoning’

Retail traders who had developed a taste for gambling on speculative stocks were facing a day of reckoning on Wednesday as many of their favorite trades suffered a startling meltdown.
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