Articles

3M’s stock leaps toward a 4-year high as lower tariff costs boost profit outlook

3M stock surges as full-year profit outlook gets a boost from lower estimates of tariff costs.

American Express earnings show healthy growth in spending

Amex’s spending growth was 7% in the second quarter, an acceleration versus the 6% rate seen in the first quarter.

Customers were already tipping less. ‘No taxes on tips’ could shrink workers’ pay even more.

Tipped workers will now be able to deduct tips from their taxable income each year — but some workers, analysts and advocates remain skeptical about the extent to which people will actually benefit.

‘Even God would get fired.’ The lessons this fund manager is taking from stock-market drawdowns and recoveries.

One fund manager says studies on the drawdowns in the stock market shows the need to hold high-quality companies for the long term.

One big Wall Street firm is calling for the end of dollar selling, at least for now

Citi anticipates sideways trading in the dollar, but remains bearish further out.

Can my husband contest his late brother’s $600K will? He experienced oxygen deprivation due to COPD before he died.

“Around 30 days before passing, he changed everything to go to a friend.”

‘American Horror Story’ actress Sarah Paulson lists $3 million Hollywood home, after selling Malibu trailer for $1.45 million

Paulson is preparing to part ways with her longtime Los Angeles abode, putting the midcentury modern Hollywood Hills home on the market for $3 million.

Fed’s Waller says labor market is weaker than it looks, justifying interest-rate cut this month

Federal Reserve Governor Christopher Waller on Thursday laid out the argument he is going to make in two weeks to his central bank colleagues — cut interest rates now because the labor market is weaker than you think, and inflation from higher tariffs isn’t a worry.

Are stablecoins the next Venmo? Big banks prep for the next big payments competition.

Banks are gearing up to take on payments competition from stablecoins, which could increase after Congress passed the Genius Act.

Oracle looks to join an exclusive club as it approaches this financial milestone

Oracle’s stock rose more than 3% on Thursday, moving ever closer to a $700 billion market cap.

Three crypto bills advance in the House. Why investors are hopeful.

Three significant pieces of crypto legislation make further headway.

Genius Act ushers in a new era for stablecoins. Here’s what that means for Americans’ wallets.

Cryptocurrency has gained a hold in Americans’ investment portfolios and their retirement accounts — and now it’s a step closer to their wallets for everyday use.
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