Articles

To save Social Security, they may come for your 401(k) 

Tax shelters may help the rich, but they also help the middle class.

Synopsys’s stock is another chip and AI play that’s soaring after earnings report

Shares of Synopsys Inc. rocketed into record territory as the semiconductor-design-software company beat quarterly profit expectations and raised its full-year outlook, while touting its “turbocharged” artificial-intelligence platform, Synopsys.ai.

‘Bad news for home buyers’: Mortgage rates rise for third week in a row

The 30-year mortgage rate is averaging at 6.9%, Freddie Mac said in its latest weekly survey on Thursday.

Nvidia-fueled tech rally puts Nasdaq Composite record in sight

The Nasdaq Composite is trading near its record close from November 2021.

Royal Caribbean is tapping the high-yield bond market for first time this year

Royal Caribbean launched a private offering of $1.0 billion of senior-secured eight-year bonds on Thursday, tapping the high-yield bond market for the first time in 2024.

How chocolate master Jacques Torres nails it as a chef, father of young kids and retirement saver at 65

The French-born pastry chef is challenged by notions of retirement, expensive parking and boxed cake mixes.

Super Micro’s explosive stock rally eclipses Nvidia’s, as AI mania trumps convertible bond deal

Nvidia talked up massive growth ahead in data-center infrastructure, fueling a big rally across the chip sector.

Removing 401(k) and IRA tax incentives would not save Social Security

If Congress were to bail out Social Security in this manner, the structural protections provided to beneficiaries would evaporate

Navient distanced itself from a controversial student-loan portfolio. Meanwhile, borrowers can’t escape.

The company is transferring servicing of a batch of private loans to MOHELA, which has been dogged by complaints in recent months.

S&P flash U.S. manufacturing gauge climbs to 17-month high of 51.5, services PMI dips to 51.3

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Bitcoin isn’t suitable as payment or investment, ECB says

The European Central Bank again takes aim at bitcoin.

Nikola’s stock falls as revenue more than doubled but fell short of forecasts

Nikola’s stock rallied Thursday, after the battery- and hydrogen-powered trucks maker beat fourth-quarter bottom-line expectations, while revenue more than doubled but fell short of forecasts.
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