Articles

‘She has a history of unbalanced behavior’: My mother offered to buy me a $1.5 million house, but there’s a catch. Should I accept?

“There is a 50% chance I could get evicted if she’s in a bad mood.”

Oil futures rise for first time in four sessions after strike kills Hamas leader in Iran

Crude-oil futures rose Wednesday for the first time in four sessions Wednesday, as the assassination of a top Hamas leader in Iran stoked concerns over further Middle Eastern tensions.

Here are 5 private islands with houses you can buy for under $2 million

If you’ve ever dreamed of your own discreet dwelling surrounded by water, now’s your chance.

Millions more student-loan borrowers could see debt forgiven in latest Biden plan — no application needed

The Biden administration is preparing to cancel student debt for millions more borrowers — no application required — even as it faces legal challenges over other loan relief efforts.

This yield curve-fueled recession indicator from the Fed shows a 70% probability of a recession. Here’s what its author says.

The author of the Fed’s yield curve-fueled recession indicator says it shows why the central bank may soon cut interest rates.

Treasury yields steady ahead of Federal Reserve policy decision

Bond yields were little changed early Wednesday as traders awaited a monetary policy update from the Federal Reserve.

Weak yen was one reason Bank of Japan decided to hike rates, Ueda says

Bank of Japan Gov. Kazuo Ueda said Wednesday the yen’s weakness was one of the factors behind its decision to raise interest rates to 0.25%.

ASML and Tokyo Electron shares surge on reported exemption from U.S. rules

The U.S. is set to exclude over 30 key allies including Japan and the Netherlands from expanded new rules aimed at blocking China’s access to chipmaking equipment, Reuters reported

Prada shares jump as sales surge in sign of luxury-market divide

Prada shares rose in Hong Kong after the Italian luxury-fashion giant reported strong sales and revenue growth

Rio Tinto’s first-half profit rises 14%, thanks in part to higher copper prices

Mining giant Rio Tinto said its first-half profit rose by 14% and underlying earnings were up a smidgen, as increased copper production and prices helped to offset a softer result from its dominant iron-ore business.

Microsoft and AMD earnings show that AI remains a game of optics

The dichotomy in Wall Street’s reactions to the results from Microsoft Corp. and Advanced Micro Devices Inc. — two tech giants that have been investing heavily in AI — is a perfect example of the AI optics game.

Japan’s industrial production, retail sales show signs of improvement ahead of BOJ meeting

Japan’s latest industrial production and retail sales data offered some positive signals about the economy, coming right on the cusp of the central bank’s upcoming meeting.
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