Articles

Treasuries steady ahead of June PCE inflation report

U.S. bond yields were steady Friday as investors awaited a key inflation report.

Celebrity chef Bobby Flay is selling this midcentury home in L.A. for $9.25 million: Feast your eyes on the outdoor kitchen

The icing on the cake of this 4-bedroom home is the professional-level outdoor kitchen with a pizza oven and an Argentinian-style grill.

OpenAI announces SearchGPT in challenge to Google

OpenAI has announced it’s going into the search business in a direct challenge to Google’s dominance.

Eni lifts guidance as high oil and gas prices boost its bottom line

The Italian oil major said it now expects to generate adjusted EBIT worth €15 billion in 2024 as also signaled plans to accelerate its share buyback initiative

Mercedes lowers margin guidance for cars as quarterly profit falls 16%

Mercedes-Benz Group on Friday reiterated its financial goals for the year, but with a better margin for vans and a worse one for cars.

‘I’ve no heirs’: I’m 65 and have a $650,000 house with a $50,000 mortgage, and own two rentals. I only have $100,000 in the bank. Should I release that equity?

A reader has no heirs and is ready to enjoy life, but all their money is tied up in properties.

Norfolk Southern got more efficient in Q2 despite derailment settlement, shareholder fight

Shares of Norfolk Southern Corp. rose after hours on Thursday, after the railroad operator reported second-quarter results that beat expectations and tightened up a key efficiency metric as the company emerges from a fight with an activist shareholder and deals with the fallout from last year’s derailment in Ohio.

Corporate insiders are dumping stock at the fastest rate in more than a decade

Recession fears envelop leaders on the front lines of the economy.

You have enough money, but you never stop worrying about it. What gives?

‘You can think too much about the trappings of money’: If you let money rule you, it can ruin you.

DexCom shares tumble nearly 40% after company cuts sales forecast

DexCom Inc., a maker of monitoring devices for diabetes patients, cut its full-year sales outlook on Thursday — a move that surprised some analysts and investors and sent its stock tumbling after hours — as the company deals with a shortfall in new patients and weaker trends abroad.

This real-estate ETF is trouncing S&P 500 in July with big gains 

Stock market’s real-estate sector posts big gains in July, even as the S&P 500 stumbles with a third straight day of losses on Thursday

Disney+, Hulu, Max launch their new streaming bundle — at a 38% discount

The new Disney+, Hulu and Max streaming bundle launched Thursday, offering a significant discount for subscribers.
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