Articles

‘I’m an endless honey pot’: My wife and I are in our 70s. We gave our son $40,000 for his L.A. wedding. Now he wants more. 

“We have four sons. We financed three of them through college, so none of our kids have student loans.”

Ellen Degeneres and Portia de Rossi may already be eyeing a new house in the U.K.

The couple have only been living in the U.K. for a few months, but new reports suggest that there are issues with the $18 million farmhouse they initially moved into.

Just before getting engaged, billionaire Selena Gomez and Benny Blanco bought a $35 million Beverly Hills mansion

The Spanish-inspired, opulent pad features a spiral staircase, library, fitness center, pool, and a glass greenhouse solarium.

This neat trick makes it simpler to forecast a decade of stock-market returns

A new research paper finds that there’s a simpler way of cyclically adjusting earnings to forecast future returns using just one year’s data instead of ten.

Big endowments are heavily invested in hedge funds and other alts. They’ve been an expensive waste, study finds

An astonishing two-thirds of big university endowments are invested in hedge funds and other alternative investments that actually have delivered zero outperformance since the 2008 global financial crisis.

PayPal has some big new growth targets. Can it hit its marks?

One analyst says the new growth goals seem achievable. Another worries competition from Apple Pay might get in the way.

Boeing’s Stephanie Pope, once on CEO shortlist, is out as COO

Boeing Co. said late Tuesday that Stephanie Pope, once on a short list to become the aerospace and defense giant’s chief executive, is no longer its chief operating officer.

Instacart stock falls as profit forecast comes up short

Shares of Instacart fell after hours on Tuesday, after the grocery delivery app’s forecast for its preferred measure of profit came in below expectations.

Social Security checks will be coming for these previously ineligible workers — as early as this week

The agency has been working on adjusting benefits after the repeal of WEP and GPO.

Intuit shares jump after results top estimates amid key tax season

Tax-preparation software provider Intuit on Tuesday reported quarterly results that topped Wall Street’s estimates, while forecasting third-quarter sales that were also above expectations.

Super Micro submits its overdue filings. What’s next for the server maker?

Super Micro shares are surging in Tuesday’s late trading, though they fell sharply in the regular session.

Popular momentum trades like Palantir and AppLovin are unraveling. Don’t expect them to bounce right back.

Momentum stocks popular with the retail crowd continued to slide on Tuesday, adding to their woes from the past week.
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