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Stocks wobble after rotation from Big Tech leaves broadened rally in question
U.S. stocks are wobbling, as volatility rises in the bull market.
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Two Magnificent Seven companies report this week. Only one will likely be among the biggest profit drivers.
Second-quarter earnings reporting season is heating up, with much of the action likely hitting markets on Tuesday, when both electric-vehicle maker Tesla Inc. and Google parent Alphabet Inc. — two Magnificent Seven companies whose stocks are headed in opposite directions — report quarterly results.
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CrowdStrike outage affected 8.5 million Windows devices, Microsoft says
Microsoft said Saturday it estimates that worldwide about 8.5 million computers were disabled by the outage caused by an update from the Texas based cyber security company, CrowdStrike on Friday.
20 de julho de 2024
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Older adults are drinking more. Could that pose a public-health risk?
The rise in alcohol consumption among older adults comes as drinking trends are holding steady or declining among other age groups.
20 de julho de 2024
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Biden wants national rent control. But has it lowered housing costs in the cities that have it?
Housing prices have hit an all-time high, and President Joe Biden is proposing to rein them in with a nationwide rent-control policy. Will it work?
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Four hidden ‘unretirement’ costs that can make going back to work pretty expensive
There can be upsides to returning to the workforce — as long as people are financially prepared.
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Why Trump will need help from Saudi Arabia and Iran to help feed energy bulls
A win by Republication presidential nominee Donald Trump would be bullish for oil producers, but he’ll need help from Saudi Arabia and Iran to help offset the price impact from his push for higher output.
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Should you buy CrowdStrike’s stock now? This may be a ‘one-time discount sale.’
Two analysts suggested buying CrowdStrike shares on the dip sparked by a software update that caused broad outages.
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Stock market ruled by ‘Trump trade’ and the Fed. Here’s how to keep track.
A wild presidential election race and increased confidence in Fed rate cuts are making for anything but a sleepy summer market.
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‘I’m slowly learning’: I’m in my 70s and suddenly widowed. My financial adviser wants me to invest 20% of my assets in annuities. Is that a good idea?
“I do need the additional monthly income and it would be good to have with my pension and Social Security.”
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Won’t get fooled again — Fed wants inflation to cool further before cutting interest rates
The economy has downshifted. The jobs market has cooled. And inflation appears to be slowing again. So what’s the Federal Reserve waiting for?
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Activist investor Elliott has built a big stake in Starbucks, WSJ reports
Elliott Investment Management is reportedly pushing the coffee chain on ways to boost its floundering stock price.
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Want a refund for your delayed or cancelled flight after the CrowdStrike outage? You can get it — here’s the trick.
Aggravated airline passengers Friday faced the choice of waiting hours for their delayed flight, rebooking or just canceling their trip after a cybersecurity platform’s software update snarled Microsoft-powered computer systems and toppled travel plans.
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Bitcoin jumps while tech stocks slump, thanks to Trump and CrowdStrike outage
Bitcoin’s price jumped on Friday while U.S. stocks fell, as investors grappled with a massive global IT outage and digested reports that President Joe Biden could drop out of the U.S. presidential race.
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How a Trump presidency could ‘rock’ the EV market — and bring Tesla prices way down
Tesla and other electric-vehicle makers stand to face major price competition if Donald Trump wins the presidential election and opens the U.S. to cars produced by Chinese manufacturers.
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EA’s College Football 25 brings in about $200 million in preorders. The players it’s based on get $600 each.
A total of 11,390 college football players from 134 schools were eligible to receive the $600 from EA, and 11,000 accepted.
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Blackstone steps up real-estate investments — but challenges remain in office sector
Blackstone more than doubled its real-estate investment activity to $10 billion in the second quarter, as the private-equity firm continues to see a bottoming out in the broader commercial real-estate sector.
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Trump says mortgage rates have quadrupled since Biden took office. Is he right?
Housing prices have hit an all-time high, and both Biden and Trump say they plan to address the issue.
19 de julho de 2024
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RMD rules for inherited accounts are here. You may have less time to act than you thought.
The IRS issued final regulations for inherited retirement accounts that are set to begin in 2025.
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CrowdStrike outage thrusts Paris Olympics partner into the spotlight
The massive CrowdStrike Holdings outage, which may be world’s largest ever, has underlined the critical importance of one of the lesser-known partners of the Paris Olympic Games, according to branding expert Jim Andrews.
