News

U.S. added more than 1,000 millionaires every day last year, new report says
The world's population of millionaires expanded by 680,000 in 2024 - and most of them were American, according to a new report released Wednesday. UBS's latest global wealth report finds the U.S. now ...
Housing starts plummet to a five-year low as buyers stay on the sidelines
Builders have slowed down the construction of new homes primarily due to a pullback in buyer demand. Rising inventory levels and weak buyer demand have resulted in homes sitting on the market for ...
Why Tom Lee says the odds favor a stock-market rally after the Fed decision
The Fed decision - and importantly, the dot plot of interest-rate projections - is coming at 2 p.m. Eastern, with Fed Chair Jerome Powell's press conference at 2:30 p.m. Morgan Stanley's economists ...
My mother-in-law, 95, has $400K in stocks. Would it be smarter taxwise to gift it to her kids - or leave it to them in her will?
Your mother-in-law has waited this long. She should hold onto the stock.
May's missing inflation is a mystery - and a sign that the Fed will hold off on rate cuts
A lot of things went right for U.S. inflation in May. The consumer-price index rose just 0.1% from April, and held under 2.5% in year-over-year terms for a third consecutive month. Some of the most ...
I took a deep dive into Trump Mobile's technical, security and privacy details. These are 10 things I found.
President Donald Trump's two sons, Donald Trump Jr. and Eric Trump, on Monday unveiled Trump Mobile - a wireless service featuring an optional gold smartphone. Reactions ranged from enthusiasm to ...
I took a deep dive into Trump Mobile's -2-
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Malaysia Probing Reports of Chinese Firm's Use of Nvidia AI Chips
Servers using Nvidia and AI chips aren't classified as controlled items under Malaysian law, the Trade Ministry said. However, the country will cooperate with any government seeking assistance in ...
Trump pledged not to cut Medicare - but his budget bill does just that
Earlier this year, the White House reiterated Trump's promise not to make any cuts to Medicare - but the budget bill he is now directly encouraging Congress to support does exactly that. As Senate ...
The Problem With Wall Street's Fixation on the Fed Dot Plot
The Problem With Wall Street's Fixation on the Fed Dot Plot By Roshan Fernandez ...
Opinion
Dow Jones Top Company Headlines at 7 AM ET: It's Time for UnitedHealth to Get Transparent With Its Accounting. But Will It? | The ...
Streaming Finally Outpaces Traditional TV. The Leading Platform Might Surprise You. YouTube represented 12.5% of all television viewing in May-the highest share of TV for any streamer to date. The new ...
Dow Jones Top Markets Headlines at 7 AM ET: Global Markets Mixed Ahead of Fed Interest Rate Decision | Bank ...
Stock markets were muted Wednesday. Oil slipped along with the dollar, even as the Israel-Iran conflict entered its sixth day. Indonesia's central bank held rates steady on Wednesday, pausing again as ...