Articles

China is emerging as a winner from Iran war volatility, says veteran strategist

China’s alliance with Tehran is helping its cargoes of crude to clear Hormuz, its economic data are improvig and Xi holds the cards in negotiations with Trump.

I’m 59. My wife and I bought a second home for $484,000 at 6.2% interest. Will this be a drain on our retirement?

“I earn an annual salary of $116,000. My wife’s annual income is about $55,000.”

Ivana Trump’s N.Y. townhouse finally sells after more than 3 years on the market—at a big discount

Late socialite Ivana Trump’s palatial New York City townhouse has finally found a buyer—more than three years after it was put on the market for $26.5 million.

‘Inspirational and moody’: Rufus Wainwright lists a quirky, storybook home in L.A.’s Laurel Canyon for $2.3 million

Music legend Rufus Wainwright has put his vibrant Spanish-style residence on the market in Los Angeles for $2.3 million—more than 10 years after he picked up the unique abode.

Moody’s says a recession will be hard to avoid if oil prices stay elevated for even a few more weeks

The outlook for the U.S. economy will continue to darken as long as the Strait of Hormuz remains effectively closed to oil-tanker traffic, even though the U.S. now produces about as much oil and natural gas as it consumes.

U.S. stocks have been surprisingly resilient as the Iran conflict threatens global economic disruption. Thank industry analysts?

It probably helps that Wall Street analysts have continued to raise their earnings forecasts, according to Ed Yardeni, founder of Yardeni Research.

Upstart’s stock rises as analyst says investors have been ignoring a key catalyst

A BTIG analyst sees 55% more upside for Upstart’s stock, saying the fintech company’s plan to obtain a banking charter could reduce its risky exposure to private credit.

Warren Buffett’s parting gift to Berkshire Hathaway: A $2 billion Iran oil windfall

If you need any further evidence of the wisdom of holding some energy stocks in your 401(k) and other retirement accounts, look at Berkshire Hathaway.

Elon Musk’s xAI is facing a growing number of lawsuits over AI-generated deepfakes

A class-action lawsuit filed by three plaintiffs based in Tennessee claims xAI facilitated the creation of child pornography and distributed it.

The stock market actually doesn’t care as much about oil prices as you think

Predicting the S&P 500’s direction based on oil moves is an empty bet.

A picture of a retirement plan is worth a thousand words

Just a few strokes of a pen could help you better understand complicated financial concepts.

Trump says ‘numerous countries’ will help reopen the Strait of Hormuz but declines to name them

“Numerous countries have told me they’re on the way,” says U.S. president.
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