Articles

People are spending $300 billion a year on this product. Why some experts say they should stop.

“Gift cards are a good idea for everybody but the person who receives them.”

Sticky inflation might make it more tricky for Fed rate cuts, CPI could show

A rapid slowdown in the rate of U.S. inflation appears to have lost steam, potentially raising questions about how aggressively the Federal Reserve will cut interest rates early next year.

Tesla is likely to thrive in a Trump administration. These are the ways these analysts see it happening.

Analysts at Deutsche Bank set out to explain how exactly they see Tesla benefiting from a Trump administration, given the close association of Chief Executive Elon Musk and Trump, Vice President-elect J.D. Vance and others in the future government.

Hertz booked a $1 billion charge as the value of its cars dropped

Hertz’s stock slips, but bounces sharply off earlier lows, as $1 billion write-off of car values reflects acceleration of fleet rotation.

What should my wife do with my Roth IRA when I die?

Beneficiary designations are not the answer in every situation

Exxon CEO says Trump won’t be able to ‘unleash’ new energy production

President-elect Donald Trump campaigned on a platform to significantly ramp up U.S. oil production and bring down the cost of energy, but the head of the nation’s largest energy company is doubtful he can make good on that promise.

There’s more evidence that Americans might finally be feeling better about the economy 

Consumers are more optimistic about inflation, the job market and their own finances, New York Fed survey shows.

What will a second Trump term mean for student-loan borrowers? Project 2025 and the Betsy DeVos era offer clues

The president-elect’s approach to student-loan debt is likely to mark a radical departure from the Biden administration’s

Novavax’s stock slides 7% as guidance cut offsets narrower-than-expected third-quarter loss

Novavax Inc.’s stock fell 4% Tuesday after the company cut its full-year guidance, offsetting a narrower-than-expected third-quarter loss and better-than-expected revenue.

Fed’s Barkin says economy looks ‘pretty good,’ but labor market bears watching

“The labor market might be fine or it might continue to weaken,” Barkin said.

11 bank stocks trading at low valuations, even after Trump bump

Bank stocks have had quite a run following Donald Trump’s election to a second term as president. But investors need to ask themselves whether or not some of stocks are trading too high.

AbbVie’s disappointing schizophrenia drug trial bodes well for rival Bristol Myers, analysts say

AbbVie’s “pain” is Bristol Myers Squibb’s “gain,” says Truist Securities analyst Srikripa Devarakonda.
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