Stock-market bulls face test as consumers start to show signs of stress

As the Fed keeps its key interest rate at a 23-year high, consumers are becoming increasingly stressed, which, if continued, could spell trouble for the U.S. stocks.
‘I live in a slum’: My ex-husband knocked down, then rebuilt my home and left it in foreclosure. Now he refuses to pay alimony.

“He woke one morning and announced he was done.”
SEC charges firm that audits Trump’s social-media company with ‘massive fraud’ affecting hundreds of filings

The regulatory agency said that hundreds of audits done by BF Borgers CPA PC contained “deliberate and systemic failures” that included false documentation to make it appear its reports complied with standards set by the Public Company Accounting Oversight Board.
Coca-Cola (KO) Q1 2024 earnings

Coca-Cola on Tuesday reported quarterly earnings and revenue that beat analysts’ expectations as consumers drank more of its Fanta and Fairlife beverages. The beverage giant also raised its full-year outlook for organic revenue. Shares of the company rose less than 1% in premarket trading. Here’s what the company reported compared with what Wall Street was […]
Job gains were decent in April. But here’s what Biden really has to worry about.

Voters continue to say they are mostly concerned about inflation.
S&P CoreLogic Case-Shiller index shows home prices up 6.4% in February

A Redfin sign in front of a home for sale in Atlanta, Georgia, on Sunday, Nov. 13, 2022. Elijah Nouvelage | Bloomberg | Getty Images Strong demand and tight supply continue to push home values higher, even though mortgage rates are now moving higher again. Home prices in February jumped 6.4% year over year, another […]
Tempted to sell your retirement-account stocks in May? So are we — but here’s why we don’t.

Stocks generally produce most of their returns during the six months of the year from Nov. 1 to April 30.
Amgen scraps experimental weight loss pill, moves forward with injection

The Amgen logo is displayed outside Amgen headquarters in Thousand Oaks, California, on May 17, 2023. Mario Tama | Getty Images Amgen on Thursday said it will stop developing its experimental weight loss pill and instead move forward with its injectable drug and other products in development for obesity. Amgen is among several drugmakers racing […]
Talent war between family offices and Wall Street drives up salaries

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. The typical family office costs more than $3 million a year to operate, as competition for talent drives up staffing expenses, according to […]
9 places to retire where you can go back to college practically free

What will you do in retirement? Whatever piques your interest, there’s probably a class for that.



