Articles

L.A. wildfires have caused more than $50 billion of economic loss — and counting

Fires across Southern California are already one of the most damaging in the states history.

U.S. companies will need to increase their hedges against a stronger dollar in 2025, says Bank of America

A surging buck can crimp multinational’s profits

Researchers rated every S&P 500 company CEO since 2000. Here’s what they found.

CEOs might not be so idolized if we realized that many wash out of the job quickly.

The market hasn’t been this concentrated in at least 60 years. But is it a problem?

The current top five companies in the S&P 500 account for a greater chunk of the index than at any time over the last 60 years.

Oil prices tick higher after sinking on higher product inventories

Oil futures ticked higher early Thursday, steadying after setting back the previous session following data that showed a rise in product inventories that offset a fall in crude supplies.

Brits are getting healthier but not happier, top retailers say

Brits are getting healthier but not happier, according to updates from three of the company’s biggest food outlets.

My sister made frequent withdrawals from the ‘bank of Mom and Dad.’ Now our family is torn apart. What can I do?

“My sister did nothing because she was a girl, and my brother was too young to help.”

A plunging pound with surging U.K. yields suggest the bond vigilantes are lurking

A plunging pound and a surge in U.K. government borrowing costs to their highest since the great financial crisis serve as a warning to the U.S. and other countries that the bond vigilantes are still lurking.

After leaving the U.S., Richard Gere dives into holiday season in Spain with family

The Hollywood legend has wasted no time in enjoying his new life in Spain, taking full advantage of the holiday season to explore the surrounding areas of his Madrid abode.

The stock market is at the same valuation as when Greenspan made his ‘irrational exuberance’ comment

Stocks by one valuation measure are at the exact same place they were when former Fed Chair Alan Greenspan made his infamous “irrational exuberance” comment.

Biden administration planning new AI chip export limits that would hit Nvidia, report says

The White House is finalizing additional restrictions on the export of artificial intelligence microchips that would hit companies including Nvidia and Advanced Micro Devices, according to a report.

Port strike averted on East and Gulf coasts, in what both sides call ‘win-win agreement’

A union that represents thousands of workers on the East and Gulf coasts reached a tentative six-year agreement with their employers, according to a joint statement released on Wednesday
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