Fed’s Waller sees path to multiple interest-rate cuts this year

The Federal Reserve will likely be able to lower interest rates this year, and recent data supports this outlook, Fed Governor Christopher Waller said.
Oil prices set to drop more as OPEC+ agrees to another sharp production hike

The largest group of oil-producing nations agreed over the weekend to sharply increase crude production for the third month in a row, a move intended to reassert control over the market by driving oil prices lower.
Amid tariff agita, Wall Street is a bit more cautious than normal on second-quarter earnings

Earnings Watch: Dollar General, Dollar Tree, Victoria’s secret and other retailers report during the week
Here’s how Trump could turn Fannie Mae and Freddie Mac into cash cows delivering billions to taxpayers

The move could come at the expense of existing shareholders.
My husband and I earn $115K. We’re inheriting $300K. Should we invest in real estate or stock?

“We have $40,000 in credit-card debt and two financed vehicles with $100,000 in debt combined.”
My friend is getting divorced. Her husband kindly said, ‘Take the house.’ Is there a catch?

“After my friend said that perhaps she’ll just settle for the house, her husband agreed and moved to file for divorce quickly.”
My life partner is 18 years my senior. He wants to leave his $4.5 million fortune to me — not his two kids. Do we tell them?

“No doubt they would feel the arrangement is unfair, and that would potentially end our relationship.”
Here are the retailers raising prices

A person picks out clothing in a store as retailers compete to attract shoppers and try to maintain margins on Black Friday, one of the busiest shopping days of the year, at Woodbury Common Premium Outlets in Central Valley, New York, U.S. November 24, 2023. Vincent Alban | Reuters Consumers who hoped tariffs would not […]
‘The situation is extreme’: I’m 65 and leaving my estate to only one grandchild. Can the others contest my will?

“I feel it is absolutely necessary to leave about 90% of what I have to just one grandchild.”
S&P 500 scores best May since 1990, but stocks end month with fresh tariff worries

U.S. stocks roared back in May as global trade tensions eased, but tariff-related developments around the month’s end suggest a smooth climb from here may be challenging.