Barry Diller's People offers to buy casino giant MGM Resorts for $48.30 per share
Barry Diller's People Inc. extended an offer for MGM Resorts at $48.30 per share.
A ‘volatility spasm’ is set to provide the toughest test yet to the 9-week-old stock-market rally
A bunch of catalysts this month may cause tremors in the market, says SpotGamma
'Disrupted or dead': AI is crushing a generation of startups built before ChatGPT
The AI boom that has funneled more than $250 billion into OpenAI and Anthropic has left hundreds of startups built before ChatGPT's arrival in 2022 stranded.
Berkshire Hathaway finds a use for 2% of its $397 billion cash pile with home-builder deal
Berkshire Hathaway has finally cracked open its wallet. A little.
Jerome Powell warns that politicizing Fed will erode its credibility
Former Fed Chair Jerome Powell on Sunday called the Federal Reserve’s independence “a priceless asset” that must be protected, in one of his first major speeches since stepping down from…
Oil rises, U.S. stock futures dip as Wall Street looks to extend its winning streak
U.S. stock-index futures were little changed on Sunday, as Wall Street looks to stretch the market’s record-setting rally into June.
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It’s not just tech stocks: The broad-based strength of the market right now gives investors reason to stay the course
While tech is still leading the party, more parts of the market are starting to join in.
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My golf buddy dropped me when I didn’t ask him to be my financial adviser. Was I naive?
“Friendliness alone is not a sufficient reason to trust someone with your finances.”
Disney is poised to ramp its already booming advertising business. Rita Ferro is behind the push
Disney is selling ads for the Super Bowl, Oscars and Grammys in 2027, all major advertising revenue drivers. Global ad president Rita Ferro is leading the charge.
Why double-digit earnings growth won’t stop the next bear market
Spiking S&P 500 profits often signal the final innings of a bull market. History says stocks are on thin ice.
China’s next export shock walks on two legs — and costs less than a used car
Beijing is funding humanoid robots to slash Chinese factory costs and build a competitive advantage.
As Big Tech’s power demand surges, data centers bring utilities a huge new profit center
The market hasn’t fully priced the next logical step for the AI buildout: Big Tech acquiring regulated utilities outright.
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The number of 401(k) millionaires just fell — but workers hit record savings rates. What’s going on?
Fidelity’s first-quarter data shows 401(k) balances dipping — but it’s not all bad news.
Will Gen Z be the generation to revive moviegoing?
Gen Zers like affordable, social experiences and are driving demand for anime and video game titles at the theaters.
‘I have no preexisting conditions’: I’m 56, earn $198,000 and want to retire early. Can I afford private healthcare?
“I’m trying to figure out whether it’s worth my while achieving FIRE.”
Gap and American Eagle shares both get crushed — and neither retailer is blaming the economy
Despite earnings that underwhelmed investors, executives at both Gap and American Eagle Outfitters said nothing is wrong with the economy.
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A mystery man tried to buy Playboy’s high-end lingerie business. It turned out to all be a scam.
Prosecutors say Kevin Juin used money he raised to buy the company Honey Birdette to purchase luxury watches, jewelry, private-club memberships and OnlyFans subscriptions.
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Oil prices tumble nearly 20% in May — the biggest monthly drop since 2020. Here’s what’s next.
Global oil prices tumbled over 20% in May on hopes for the U.S.-Iran peace deal.
Kohl's stock spikes 20% as slumping retailer says sales trends are improving
Kohl's reported its best comparable sales growth in four years on Thursday even as it saw revenue decline.
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Gen Alpha is learning vastly different lessons about money, depending on whether their parents are millennials or Gen X
Gen Alpha kids raised by Gen X parents carry average savings balances that are 30% higher than their peers raised by millennials.
'Our flavors are on the shelf': The evolution of Asian grocery beyond the 'ethnic aisle'
As interest in Asian flavors rises, mainstream grocery stores are incorporating more Asian groceries to work toward being a one-stop shop for all consumers.
‘It is such a fine line’: I am a CFP and see nothing wrong with networking on the golf course. Am I wrong?
“I would love to develop working relationships with almost everyone I play golf with.”
Costco says it saw 'record-breaking' gas volumes amid rising prices
Costco saw "recording-breaking volumes" of gas sales and said rising fuel prices drove first-time members to its stations.
I’m setting up brokerage accounts for my grandkids in my daughter’s name. Is that wise — or am I asking for trouble?
“The contributions are invested in mutual funds tracking the S&P 500, small-cap stocks and international equities.”
Gap shares tumble 14% as retailer cuts sales guidance after disappointing Old Navy performance
Gap issued mixed results as sales at its largest brand, Old Navy, fell short of estimates.
American Eagle's Aerie is booming, but its namesake brand is lagging despite Sydney Sweeney ads
American Eagle beat Wall Street's expectations but sales at its namesake banner fell short of estimates after its latest Sydney Sweeney campaign.
Earnings season slows but these 7 stocks pack explosive ‘sawtooth’ volatility next week
The S&P 500 is flashing a green light to investors.
Disney files early broadcast licenses renewal 'under protest' against the FCC
Disney said it filed renewals for eight broadcast station licenses "under protest," after the FCC launched an early review years ahead of schedule.
Even the Ronald Reagan Institute doesn’t believe the ‘waste, fraud and abuse’ baloney
This may be the single most important issue facing U.S. democracy today.
Best Buy stock climbs 15% on earnings beat as retailer aims to reinvigorate sales
Best Buy reported better-than-expected earnings on Thursday as the company works toward turning around its sales slump.
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First-quarter GDP chopped to 1.6%. Here’s why — and what it tells us about the economy.
The U.S. economy wasn’t all that great in the first three months of the year. But it wasn’t terrible, either.
Is the ‘debasement trade’ dead? Outflows from gold and bitcoin ETFs suggest investors are moving on
The so-called debasement trade has fallen out of favor as both a discussion point and an investment concept.
Cancer treatment already costs hundreds of thousands of dollars — and it’s about to get even worse
Someone who survived brain cancer in the 1990s explains how the Affordable Care Act could have helped.
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Zscaler’s stock sees record drop after investors are blindsided by a disappointing outlook
Shares of Zscaler were headed for a record one-day decline of more than 31% after the cybersecurity company shocked investors with a downbeat revenue outlook.
Boeing CEO says company met requirements to increase 737 Max production to 47 jets per month
Boeing CEO Kelly Ortberg said the company has met FAA requirements to ramp up its production of 737 Max aircraft to 47 per month.
Investors betting the Iran war is ending are buying up travel stocks
Shares of travel names Delta, United and MGM were among the S&P 500’s biggest gainers on Wednesday. But one strategist called the market’s optimism misplaced.
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Why this fund manager who was an early proponent of Nvidia is now betting on AI’s space frontier
T. Rowe Price’s Tony Wang is looking AI for bottlenecks and finding them, and also sees returns in space and light.
‘I feel like I’m living a lie’: My husband and I pretend we’re strapped for cash in front of friends. Is that bad?
“I’ve found that acting ‘normal’ means others treat me like one of the group.”
Ether Options Market Shows Bias for Price Weakness Over Next 6 Months
Ether's price appears overvalued compared to Ethereum's dwindling revenues, one analyst said. Ethereum's native token Ether (ETH) fell to a six-week low on Tuesday, with traders in the options…
MakerDAO’s MKR, Ripple’s XRP and Stellar’s XLM Led Crypto Gainers in July
Cryptocurrency giants bitcoin and ether, meanwhile, lost ground during the month. MakerDAO’s MKR was the leading gainer among the constituents of the Coindesk Market Index (CMI) in July, advancing 47%. The native…
ApeMax and Dogecoin: Battle of the Meme Coins
In the volatile world of cryptocurrency, meme coins have carved out their own niche. These internet-inspired coins, often humorously named and themed, have a unique appeal to a wide…
Ripple (XRP) Price Prediction: Is It Time To Invest in XRP?
Recently, a judge in the United States made a ruling in favour of Ripple (XRP) and this news sent a ripple effect to the entire crypto market with XRP price…
Bitcoin Plunged 11% in Worst Week Since FTX’s Collapse. What’s Next for BTC’s Price?
BTC slipped below $26,000 amid the crypto market mayhem. BTC’s fall below $26,000 is poised to be the worst weekly decline since the collapse of FTX. Absence of a decision…
FTX Crypto Bankruptcy Filing Shows $8.6 Billion Shortfall
If FTX was founder Sam Bankman-Fried’s alleged personal piggy bank, it wasn’t refilled. Newly filed court documents introduced last week (March 2) reveal what John J. Ray III, FTX’s current CEO, has called…
