Articles

Reddit’s CEO gets $900 million richer from stock’s pop. Here’s who else made bank.

Reddit’s post-IPO stock action has benefited executives as well as Sam Altman, Tencent and other investors.

Reddit’s debut made a splash, but caution’s still the name of the game in the IPO market

There are still a number of companies in the private market that are potential IPOs — but underwriters will likely take a cautious approach this year.

Ending 6% commissions would mean ‘dangerous times’ for home buyers, mortgage lender says

If home sellers stop paying real-estate agents’ commissions, buyers may end up footing the bill.

Record gold price flashes warning for Fed’s rate-cut hopes

Gold’s run to all-time highs could spell trouble on the inflation outlook, some analysts say.

Canopy Growth’s stock doubles to record weekly gain after Germany votes to legalize pot

The stock rose another 35% on Friday after Germany voted to decriminalize cannabis.

Reddit revives a sleepy IPO market

Also: Stormy seas for Apple, Nvidia news, alternatives to tech stocks and advice on how to avoid taxes.

New bank-merger regulations could be undone if Biden loses in November

Larger deals would be scrutinized more closely under proposed rules on reviewing bank mergers.

Speaker Johnson faces ouster motion as bill to avert shutdown passes House

The U.S. House of Representatives approved a $1.2 trillion package of spending bills that prevents a partial government shutdown. It’s now up to the Senate to act before midnight.

Trump stands to make a fortune from Truth Social merger but it might not add up to enough

Donald Trump rode his success on social media into the White House. Now he’s set to make billions with it.

I was in the hospital and didn’t take my RMD last year. How can I fix it?

The missed required minimum distribution must be corrected during a “correction window.”

Former ‘bond king’ Bill Gross warns ‘irrational exuberance’ is driving stocks higher

Erstwhile “Bond King” Bill Gross doubled down on his stock-market skepticism in his latest investment outlook, where he warned that “irrational exuberance” has driven markets since 2022.

My elderly cousin’s nursing home coerced her into changing her will — and selling her house. She was worth millions. Can they get away with this?

“We were told that the attorney had attempted to call Mary’s family but that none of the numbers worked.”
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