Articles

This tech investor says the AI nuke trade is a loser. Here’s why.

Josh Wolfe, the co-founder of New York VC firm Lux Capital, says the AI/nuke trade is not going to work out like some investors are hoping.

My mother is giving my son $100K for a down payment. Can she wait until the last minute to put the money in his account?

“She really doesn’t want to send it to them until they’re ready to make the purchase.”

‘I need the money’: Jim Carrey finally finds a buyer for his $20 million L.A. mansion

“The Grinch” star Jim Carrey may have found the answer to at least some of his recent money struggles after finally landing a buyer.

The house where Brittany Murphy died is listed for $18 million—some call it ‘cursed’

“Clueless” star Murphy died in the home at the age of 32 in 2009, but a new home has been built in its place.

Sylvester Stallone wants to build an underwater barrier at his $35 million Palm Beach mansion; his neighbors were ‘blindsided’

Stallone has reportedly prompted outrage from neighbors with his plans to build an underwater barrier to keep boaters away.

Bitcoin may reach cycle peak in 3 weeks if history repeats itself — but watch for these barriers

Bitcoin has wobbled since breaching the $100,000 milestone earlier this month — but history suggests a new all-time high could be in sight by around mid-January.

Sticky inflation creates rift at Fed over how much to cut rates

Federal Reserve leaders are unified in their resolve to quash the worst bout of inflation in four decades. They just no longer agree on how high to keep U.S. interest rates to achieve their goal.

Stock market’s December performance in balance as ‘Santa Claus rally’ begins

Stocks have seen a stellar 2024, but the S&P 500 is in danger of a rare December loss. It’s all riding on the so-called Santa Claus rally.

Lumps of coal for Wall Street money managers — again

Once again, you were better off buying the assets on Wall Street that were the most hated by the big-money crowd than the assets that were most loved.

Federal Reserve proposes more transparency in bank stress tests, but banks still sue

Trade groups representing the largest U.S. banks on Tuesday filed suit in federal court to force more transparency in the U.S. Federal Reserve’s bank stress tests imposed after the 2008 global financial crisis, but the Fed has already proposed some changes to the annual process.

Financial advisers go ‘beyond the numbers,’ bringing in retirement coaches to offer well-rounded advice

As some financial advisers become more technology-driven and as low-cost robo-advisers gain more traction, some financial planners are taking a different approach to retirement advice — one that adds a more human, personal touch.

Buy this space stock as it is a ‘pillar of long-term lunar infrastructure’

Space-exploration company Intuitive Machines Inc.’s banner year is continuing. On Monday the Houston-based company announced that it has clinched additional contracts from NASA’s Near Space Network.
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