Articles

As wildfires and other disasters make owning a home riskier, how much of your net worth should be tied up in your house?

The majority of American homeowners’ net worth is in their houses, but financial planners say a house should represent a much smaller share of a household’s wealth.

Donald Trump may control the government soon. Here’s something he won’t control.

Even the president’s biggest diehard cheerleaders do not like losing money.

‘DOGE’ fears shouldn’t hurt defense contractors Northrop Grumman and Lockheed, one analyst says

Elon Musk’s Department of Government Efficiency (DOGE) won’t impact these big defense contractors during a dangerous time, Truist analysts said.

Tax breaks are becoming more generous for natural disaster victims — just in time for Los Angeles wildfire victims, experts say

A longtime effort to make tax breaks more generous for victims of natural disasters is finally coming to fruition just as wildfire victims are staring at billions of dollars of devastation around Los Angeles.

Mounjaro and Zepbound sales disappoint, and Eli Lilly’s stock is dropping

Eli Lilly’s stock was set to suffer its worst day in four years after sales of diabetes and obesity drugs Mounjaro and Zepbound missed expectations.

Tariffs, Trump and China: What 2025 holds for shipping stocks

The shipping industry enters 2025 with tariffs on the horizon as President-elect Donald Trump prepares to take office.

JPMorgan’s Jennifer Piepszak moving up to COO role but doesn’t want Jamie Dimon’s job

JPMorgan Chase & Co. on Tuesday named Jennifer Piepszak its new chief operating officer, but the company’s four major department heads remain more likely successors to Chief Executive Jamie Dimon to head up the largest U.S. bank.

From worst to first: Last year’s stock-market laggards see strong start to 2025

The U.S. stock market has been turned on its head in the early days of January.

Your cash emergency fund probably isn’t going to cut it in this economy

The amount of time people spend looking for a new job in the U.S. has grown lengthier — yet most people have not adjusted their savings to account for that.

Can Elon Musk save TikTok? Here’s what a potential deal could look like.

One analyst thinks a deal for TikTok’s U.S. operations could come at a $40 billion to $50 billion price — but without the algorithm.

Brown-Forman laying off 648 people after stock price hits 10-year low and sales decline

Jack Daniels whiskey maker Brown-Forman Corp. said Tuesday it would cut 12% of its work force or about 648 jobs in the face of a 10-year-low in its stock price and four straight quarters of declining sales.

Wholesale prices posts smaller-than expected increase in a good sign on inflation

Wholesale prices in the U.S. rose modestly in December in a reprieve from a string of elevated inflation in the final months of 2024 that have likely put off any further reductions soon in interest rates.
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