Articles

If you won a $1.3 billion Powerball jackpot, what would you do with it? Here’s what financial advisers suggest.

Someone has come forward to claim last weekend’s big prize, but what’s the best way to spend and invest it?

Swiss government backs tougher rules for banks, causing UBS shares to drop

Switzerland’s government’s put forward plans to curb banker’s bonuses, strengthen the country’s financial regulator, and increase capital requirements for banks

This weight-loss ETF has performed well in its first five months. How does it compare with cheaper alternatives?

GLP-1 medications will likely expand beyond their current uses for diabetes or weight loss, according to money managers at Tema

KPMG failed to stop cheating on training exams, hit with $25 million in fines

The $25 million penalty is the largest the Public Company Accounting Oversight Board has ever levied — more than 3 times larger than the $8 million settlement reached with Deloitte Brazil in 2016.

Norfolk Southern’s revenue will take a Baltimore bridge hit. This is what it means for CSX.

The shockwaves from the collapse of the Francis Scott Key Bridge in Baltimore continue to reverberate through the rail industry.

SoundHound plans to sell stock after big rally, and its shares are sliding

SoundHound shares were under pressure after the conversational-AI company announced an intention to sell stock.

Senators Chuck Schumer, Ron Wyden and Cory Booker pushing cannabis legalization bill

Pols send out letter to colleagues to gauge support for the Cannabis Administration and Opportunity Act

This stock lost 99% of its value, and the company still hasn’t said why

One Hong Kong-listed company lost 99% of its value and still hasn’t said why.

Delta’s stock jumps, as accelerating business-travel demand fuels record revenue

Delta Air Lines’ stock flew toward a three-year high Wednesday, after the air carrier reported a first-quarter profit beat — and record revenue — fueled by accelerating business-travel demand.

Some Apple Vision Pro users suffer black eyes, headaches and neck pain

Apple’s Vision Pro is creating oohs and aahs — and black eyes — among some early adopters of the heralded VR headset.

Costco’s gold and silver sales are boosting same-store sales, but profit remains elusive, analysts say

Costco’s members are snapping up its one-ounce gold bars and silver offering, but it’s unlikely it’s making much profit from it.

This JPMorgan pro says the Fed has it backward — rates need to be cut to lower inflation

The Fed and investors won’t see inflation easing until the central bank starts cutting rate says this JPMorgan strategist.
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