Horse racing set for a resurgence in the U.S.
America’s oldest horse racetrack is closing after running its last race on the final weekend of 2024. Freehold Raceway in New Jersey, co-owned by Penn Entertainment, tried for decades to land a casino but failed. Like many tracks around the nation, it grappled with declining attendance and revenue. It had been operating for more than 170 […]
4 laws taking effect New Year’s Day that can boost your wealth and health
Come Jan. 1, 2025, a slew of laws are going into effect in several states that will affect millions of Americans’ wallets and day-to-day lives.
Housing market supply is ‘stale’ to end 2024
There’s good news in the housing market to close out 2024: there’s a lot more supply. The bad news: a lot of that supply is stale, sitting unsold for much longer than usual. Active listings in November were 12.1% higher than they were in November 2023 and hit the highest level since 2020, according to […]
Walgreens and Intel lead list of stocks in the S&P 500 that fell hardest 2024
During another excellent year for the broad U.S. stock market, 98 stocks among the S&P 500 showed double-digit declines
‘He ended up homeless and penniless’: My uncle conned my father into signing over their mother’s house. What can I do?
“His brother went to the prison where my dad was incarcerated and had him sign over the house.”
10-year Treasury yield logs sharpest drop in a month to kick off holiday-shortened week
Bond yields fell sharply ahead of New Year’s Eve, after concerns about sticky inflation had pushed benchmark yields to the highest since late May.
Why was there a wall at the end of the runway
The wreckage of the Jeju Air aircraft that went off the runway and crashed lies at Muan International Airport, in Muan, South Korea, December 30, 2024. Kim Hong-ji | Reuters Aviation experts are questioning the role of an airport design that positioned a mound of dirt and a concrete wall past the end of a […]
Stocks are skipping the ‘Santa Claus rally’ again this year. That doesn’t bode well for January.
Santa Claus is leaving investors in the lurch once again in 2024 as U.S. stocks have struggled during the typically bullish home stretch of the year.
Boeing falls after South Korea orders B737-800 inspection
The wreckage of Jeju Air Co. Flight 2216 at Muan International Airport in Muan County, South Korea, on Monday, Dec. 30, 2024. SeongJoon Cho | Bloomberg | Getty Images Boeing shares were down more about 2% in afternoon trading Monday, after South Korea ordered an inspection of all 737-800 planes — the model involved in […]
100% stocks for retirement? A new study says dump the 60/40 portfolio and target-date funds.
An all-equity portfolio, with a focus on international stocks, could be the key to maximizing retirement wealth, research suggests.
