Markets
‘I feel shoehorned’: My father funded my $800,000 Roth IRA. Does that give him the right to say how I invest it?
“His argument is essentially that, since my parents provided the money for the Roth, they have a say in how I invest it.”
Markets
Markets
5 affordable cities to retire in the U.S. right now
Retiring abroad continues to be an attractive option for those looking to make the most of their money, without compromising on comfort or lifestyle. And with the Annual Global Retirement Index, you have the power to ch…
Markets
Buffett remains active at 96, but Berkshire's shares aren't doing much
(This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.)
Markets
Tim Cook wasn’t a ‘product guy’ — so he re-engineered Apple instead
Dismissed as “not a product guy,” the outgoing CEO proved that supply-chain mastery could take Apple to new heights.
Markets
K, C or E? Why economists can’t agree on the shape of today’s economy
Those aren't initials or Greek life letters. They're some of the terms that economists, corporate leaders and politicians are using as they attempt to define the U.S. current economic moment.
Markets
Iran trade falls as Supreme Leader Khamenei urges less reliance on the U.S. dollar
Iranian trade has fallen sharply under U.S. sanctions and a naval blockade, President Masoud Pezeshkian said, as Supreme Leader Mojtaba Khamenei urged a reduction in reliance on the U.S. dollar.
Markets
Sugar Prices Erase Early Gains as Real Strength Spurs Long Liquidation
October NY world sugar #11 (SBV26) is down -0.64 (-3.52%) today, and October London ICE white sugar #5 (SWV26) is down -13.20 (-2.52%).
Markets
Goldman draws 3 lessons from economic research on U.S. inflation expectations
The war in Iran and jump in oil prices represent a risk to traditional balanced portfolios, even as losses have so far been limited, according to Goldman Sachs Research. To build more robust portfolios, our strategists …
Markets
Mutinous soldiers attack airport, presidency in Niger capital
Rescuers in Nepal and China were battling on Saturday to locate thousands of people missing days after a deadly, tsunami-like wall of water and debris swept through the Himalayan region, engulfing entire villages.
Markets
SpaceX vs. Alphabet: Which Is the Best Artificial Intelligence (AI) Stock to Buy Now?
While investors may think of Alphabet (GOOG +1.53%) (GOOGL +1.74%) as an artificial intelligence (AI) stock, Space Exploration Technologies (SPCX +0.45%) could also be considered one as well. SpaceX has a quickly growin…
Markets
China’s CXMT starts LPDDR6 production, secures Xiaomi foldable phone deal
ChangXin Memory Technologies (CXMT) has cleared another key stage in the push toward next-generation mobile memory: industry sources reported August 1 that the Hefei-based chipmaker's first LPDDR6 chip, designed to run …
Markets
Sugar Prices Retreat on Long Liquidation Pressures
October NY world sugar #11 (SBV26) closed down -0.63 (-3.46%) on Friday, and October London ICE white sugar #5 (SWV26) closed down -9.90 (-1.89%).
Markets
Meta’s $18 billion settlement puts TikTok and YouTube on notice. Who's next on the firing line?
Meta's watershed social media trial just wrapped up in California, but now attention is shifting to the wider industry with TikTok, YouTube and Snap next on the firing line.
Markets
Stocks Fall as Hawkish Warsh Boosts Fed Rate Hike Chances
The S&P 500 Index ($SPX) (SPY) closed down by -0.25% on Friday, the Dow Jones Industrial Average ($DOWI) (DIA) closed down by -0.02%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down by -0.70%. E-mini S&P futures (ESU…
Markets
Cotton Sees Profit Taking Pressure to Close the Week
Cotton futures faced pressure to close the week with Friday losses of 19 to 114 points across the board. December still held up for a weekly gain of 303 points. Crude oil was down 9 cents per barrel, with the US dollar …
Markets
Soybeans Rally with the Products on Friday
Soybeans posted 14 to 30 cent gains across most contracts on the Friday session. September was up 51 ¼ cents on the week, as November rallied 48 ½ cents. The cmdtyView national average Cash Bean price was up 20 1/2 cent…
Markets
Microsoft’s stock seals its longest winning streak of the year as AI software fears fade
Microsoft’s software offers capabilities that will be critical for AI, one analyst notes.
Markets
Bessent attacks Warren over yen intervention query, offers ‘Foreign Exchange for Dummies’ lesson
Treasury Secretary Scott Bessent unleashed a scathing personal attack on Sen. Elizabeth Warren Friday, accusing the Massachusetts Democrat of misunderstanding foreign exchange markets while leaving several of her questi…
Markets
Arcutis director Terrie Curran sells $956k in shares
Arcutis Biotherapeutics, Inc. (ARQT) received a notice under Rule 144 that Terrie Curran intends to sell restricted common stock through Merrill Lynch. The notice covers 38,200 shares of common stock with an aggregate m…
Markets
Cattle Face Friday Pressure to Close Week of Losses
Live cattle futures faced weakness on Friday, with contracts down 45 cents to $1.30, as October fell $6.20 on the week. Cash trade picked up later on Friday with $222 sales surfacing across the country. The Friday morni…
Markets
Corn Pushes Gains into the Weekend as Specs Expand Length
Corn futures held onto the Friday gains into the close, with contracts settling 1 to 4 cents higher. September rallied 28 ¼ cents on the week, with December 28 cents. The CmdtyView national average Cash Corn price was b…
Markets
Hawkish Fed Chair Warsh Boosts the Dollar and Sinks Gold
The dollar index (DXY00) rallied to a 2-week high on Friday and finished up by +0.61%. The dollar jumped on Friday on hawkish comments from Fed Chair Warsh, who warned inflation isn’t meaningfully slowing and vowed that…
Markets
Apple hikes subscription prices for Apple TV and Apple One in the U.S.
Apple on Friday increased the monthly price of Apple TV, its streaming service, to $14.99, or $119 per year. It was previously $12.99 per month, or $99 per year.
Markets
Mark Walter's insurer Delaware Life sees two banks pause sale of its products amid probes
Two banks have paused selling products of Mark Walter's Delaware Life amid concerns of federal probes into how the insurer's parent company reported about $20 billion in assets that were affiliated with other entities c…