Articles

Costco’s gold and silver sales are boosting same-store sales, but profit remains elusive, analysts say

Costco’s members are snapping up its one-ounce gold bars and silver offering, but it’s unlikely it’s making much profit from it.

This JPMorgan pro says the Fed has it backward — rates need to be cut to lower inflation

The Fed and investors won’t see inflation easing until the central bank starts cutting rate says this JPMorgan strategist.

Do you feel too poor to get financial advice? Here’s how to find help — even if you don’t have $1 million-plus.

The people who need financial help the most often feel like they can’t afford it.

Mortgage rates surpass 7%, reaching highest level in over a month

Mortgage applications rose 0.1% in the last week, the Mortgage Bankers Association said. The average rate for a 30-year mortgage is 7.01%.

Oil prices edge higher ahead of official U.S. inventory data

Oil futures edge higher as traders await official data on U.S. crude and fuel inventories.

Chip makers are in an arms race and ASML is the arms dealer, hedge fund manager says

ASML is best placed to capitalize on the “gold rush” surrounding AI as it sells the tools required to make cutting edge AI chips, Vijay Shilpiekandula said in his winning pitch at the Sohn Conference

Where home-insurance costs are rising the fastest in the U.S. — it’s not California or Florida

Homeowners across the nation are grappling with the rising cost of home insurance. But the sharpest hikes aren’t being felt in the most disaster-prone markets, according to a new report.

Why haven’t rising bond yields hammered stocks? Here’s what analysts say.

How have stocks managed to keep climbing with interest rates at their highest levels in more than 20 years and bond yields near their highest since before the global financial crisis?

I invested half of my son’s inheritance with a 13.5% return. A major broker underperformed the S&P with the rest. Do I push to manage all of his assets?

“Am I letting my ego get in the way?”

Tesla reportedly in talks to set up India venture

Tesla is in talks with Reliance Industries to set up manufacturing in India, according to a published report.

FCC’s new ‘nutrition labels’ for broadband internet aim to show you exactly what you’re paying for

Americans often aren’t clear on what they’re getting from their internet service providers, and that has spurred a new requirement from the Federal Communications Commission that takes effect Wednesday.

Chipmaker TSMC posts sharpest increase in sales since 2022 following AI boom

Taiwan Semiconductor Manufacturing Co, which supplies chips to Apple and Nvidia, saw its sales increase 16.5% in the first quarter of 2024
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