Articles

Consumer spending looks strong, but higher inflation is a big reason why

Americans get less bang for their bucks

Inflation escalates to 3-year high. And it might get worse before it gets better.

The main inflation barometer preferred by Federal Reserve rose to a three-year high in April and it could rise even higher, posing a stiff challenge for households, businesses and the broader U.S. economy.

Billionaire families are reducing their exposure to the U.S. Where they are looking to invest instead.

Over a quarter of UBS family offices surveyed for an annual report said they have minimized or plan to cut their holdings in dollar assets.

‘We have plenty’: Here’s the real story behind the record drop in America’s oil reserves

Stocks in the nation’s Strategic Petroleum Reserve are near their lowest in more than 40 years — but it may not matter

Gen X vs. millennial parents: Whose kids are better with money?

Gen Alpha kids raised by Gen X parents carry average savings balances that are 30% higher than their peers raised by millennials.

Small-cap stocks are rallying, but here’s why Wells Fargo says its better to sell than buy

The Russell 2000 is beating the S&P 500 this year, but that outperformance is masking a disturbing trend of falling earnings estimates

‘He threatened to cut the roots’: A tree fell onto my neighbor’s property during a storm. Then all hell broke loose.

“The neighbor estimates damage from the tree at approximately $6,000 or more.”

Oil prices rise after fresh round of strikes between U.S. and Iran, pushing peace deal into doubt

West Texas Intermediate and Brent crude’s front-month contracts both climbed after the U.S. launched a new set of strikes on an Iranian military site.

‘Hunting Wives’ star Malin Akerman lists ‘idyllic California retreat’ in Hollywood Hills for $3 million

Canadian actress Malin Akerman and her husband, Jack Donnelly, have brought their longtime L.A. hideaway to the market for $2.99 million—more than 15 years after purchasing the “idyllic” abode.

Is the ‘debasement trade’ dead? Outflows from gold and bitcoin ETFs suggest investors are moving on

The so-called debasement trade has fallen out of favor as both a discussion point and an investment concept.

The number of 401(k) millionaires just fell — but workers hit record savings rates. What’s going on?

Fidelity’s first-quarter data shows 401(k) balances dipping — but it’s not all bad news.

Snowflake’s stock is on fire as AI acceleration drives record product-revenue growth

Snowflake’s stock soars toward a record gain after an earnings beat, a raised outlook and a $6 billion commitment to expand its collaboration with Amazon’s AWS.
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