Articles

The Mega Millions jackpot is nearing $1 billion — but that’s not the only reason lottery sales could see a holiday spike

Christmas also fuels one form of lottery playing in particular.

As the wealthy keep spending, here’s why the middle class is in for a tough 2025

Over the last year, middle-income Americans have started to behave more like lower-income consumers, an economist noted. More inflation and a tight job market in 2025 stand to increase pressure on a group that is already financially spread thin.

More than $125 million is stolen every year on Zelle. The feds say little is done to stop it.

A lawsuit filed by the CFPB says Zelle and the big banks that own it left the platform vulnerable to fraud in an effort to rush it to market to compete with Venmo and CashApp.

Citi, Bank of America, Goldman offer strong prospects for 2025, analyst says

KBW praises Citi’s value, Goldman’s revenue upside and Bank of America’s expected net interest income growth.

Nvidia fears may be overdone, and this analyst offers a simple reason why

Nvidia’s stock is rallying, with Morgan Stanley writing that the Blackwell ramp could soon quash several investor worries.

Winnebago posts its first adjusted loss in years, as consumers want cheaper RVs

Winnebago’s stock falls after another disappointing quarterly report, which included a surprise adjusted loss and a revenue miss.

A government shutdown looms. Here’s how U.S. stocks performed during past closures.

There have been six government shutdowns since 1978 that lasted five days or more, and the S&P 500 stock index gained in the four most recent shutdowns.

Carnival’s stock jumps as there’s no end in sight for record cruise demand

Carnival’s stock rallies as bookings for future cruises keep breaking records, and at all-time highs for price and occupancy.

20 fintech companies expected to grow rapidly through 2026, including Upstart

These innovators are expected to increase revenue at multiples of expected growth rates for the S&P 500.

Why Broadcom’s stock is this analyst’s top chip pick for 2025, with 37% upside

Broadcom’s stock is bucking Friday’s tech-sector declines as a Jefferies analyst highlighted rosy pricing and earnings-growth opportunities.

Consumer spending shows good, not great, kickoff to holiday shopping season

Consumer spending rose fast enough in November to suggest a pretty good start to the holiday shopping season, but not enough to suggest an acceleration in U.S. economic growth.

Fed-favored inflation gauge surprises by showing slower price increases in November

The barometer of U.S. inflation favored by the Federal Reserve rose more slowly than expected in November, breaking what appears to a gradual drift higher in prices that forced the central bank to scale back plans to cut interest rates.
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