Trump’s attacks on Powell pose another risk for bondholders — especially older investors
If you hold a lot of U.S. Treasury bonds in your portfolio, as many retirees and older investors do, would you like the bad news first, or the good news?
Canadian small businesses are taking Trump’s tariffs personally
Close-up of ‘Shop Canadian’ poster displayed in a local storefront in Edmonton, Alberta, Canada, on April 4, 2025. Artur Widak | Nurphoto | Getty Images Just across the U.S.-Canada border, some small businesses are taking tariffs personally. President Donald Trump has said his wide-sweeping tariffs, even on some of the country’s closest trade partners, will […]
Rich Americans opening Swiss bank accounts fearing U.S. risks
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. A growing number of wealthy Americans are opening bank accounts in Switzerland as part of the “de-Americanization” of their portfolios, according […]
Are small-cap stocks cheaper than large caps? Yes — if you ignore this one key fact.
Leaving money-losing companies out of P/E calculations makes the Russell 2000 look more attractively priced.
IRS staff cuts mean fewer audits of the wealthy
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Wesley Stanovsek was a dream hire for the IRS in 2024. With $80 billion in new funding from Congress, the IRS […]
My late uncle’s house is in foreclosure. A woman claims to be his daughter and my cousin is a squatter. What can we do?
“She keeps threatening to remove this nephew from the home.”
(CHA) starts trading on the Nasdaq
People shopping at a Chagee store in Shanghai, China, on Oct. 18, 2023. Costfoto | Nurphoto | Getty Images Shares of Chinese tea chain Chagee climbed 15% during its public market debut on Thursday, as the company plans a U.S. launch despite trade tensions between Washington and Beijing. The stock, which is trading on the […]
Target CEO Brian Cornell meets with Al Sharpton after DEI rollback
People walk past Target Store in Midtown Manhattan on March 6, 2025 in New York City, United States. Mostafa Bassim | Anadolu | Getty Images Target CEO Brian Cornell met with the Rev. Al Sharpton in New York on Thursday as the retailer faces calls for a boycott and a slowdown in foot traffic that […]
This top U.S. economist puts the chance of a ‘stagflationary’ recession at 65%
A leading economist contends a recession is now more likely than not due to the Trump administration’s trade wars, and that the U.S. could suffer the biggest “stagflationary” shock in decades.
Netflix maintained its 2025 guidance. There’s a catch
Greg Peters, Co-CEO of Netflix, speaks at a keynote on the future of entertainment at Mobile World Congress 2023. Joan Cros | Nurphoto | Getty Images Netflix executives messaged Thursday that all is well with the business in the face of economic turbulence. But its full-year outlook tells a slightly more nuanced story. Netflix posted […]