Articles

Comerica cuts net interest income view and flags loss of a government contract

Comerica Inc.’s stock fell 12% on Friday after the bank cut its outlook on net interest income and said it doesn’t expect to continue as financial agent for the U.S. Treasury Direct Express Prepaid Debit Card program.

Trump says mortgage rates have quadrupled since Biden took office. Is he right?

Housing prices have hit an all-time high, and both Biden and Trump say they plan to address the issue.

RMD rules for inherited accounts are here. You may have less time to act than you thought.

The IRS issued final regulations for inherited retirement accounts that are set to begin in 2025.

CrowdStrike outage thrusts Paris Olympics partner into the spotlight

The massive CrowdStrike Holdings outage, which may be world’s largest ever, has underlined the critical importance of one of the lesser-known partners of the Paris Olympic Games, according to branding expert Jim Andrews.

Why bonds are important and how to invest in them

There has been quite a buzz about investing in bonds among younger investors who may previously have found them boring or appropriate only for retired people seeking income.

CrowdStrike outage affects Schwab, E*Trade and other brokerages — preventing people from trading

Friday’s IT outage was particularly felt in the brokerage industry, where any technical issue preventing people from trading can lead to money being lost.

Medicare Part D: How the latest changes in drug pricing will affect you

There are big changes coming for anyone on a Medicare Part D drug plan.

CrowdStrike CEO George Kurtz is taking a $32 million personal hit from stock’s drop

The global computer outage caused by CrowdStrike is getting personal for Chief Executive George Kurtz, as it’s costing him a lot of money.

Hospitals, 911 systems scramble to respond to CrowdStrike issues

Hospitals and 911 systems were racing Friday to respond to outages linked to a CrowdStrike cybersecurity platform issue.

Is this heavy-hitting Amex card worth the $695 fee? Yes, if you’re in this group.

The American Express Platinum card offers perks such as airport-lounge access and hundreds of dollars in travel credits. But some finance influencers have called it “overhyped.”

Bud Light sales extend their drop but Michelob Ultra takes up some slack: report

Anheuser-Busch InBev’s former No. 1 beer Bud Light has continued losing market share to Modelo from Constellation Brands Inc. and Coors Light from Molson Coors Beverage Co., but has made up some ground with Michelob Extra and Busch Light, the Wall Street Journal reported Friday.

Gold drops 2% in ‘typical’ move after touching record highs this week

Gold futures dropped by more than 2% in Friday dealings, on track to post their first weekly loss in a month in what some analysts see as a “typical” pullback in the wake of the metal’s rise to record highs earlier this week.
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