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China’s middle class is quietly stockpiling cash — ‘shadow saving’ — and it could short-circuit the global economy
Households aren’t broke, the available data indicate. They’re just exhibiting a reluctance to spend. Article Attribution | Read More at Article Source
Why Starbucks’ expensive revamp might not win over a younger crowd
Efforts such as adding comfier seats at Starbucks stores might not work with younger customers, RBC analysts say. Article Attribution | Read More at Article Source
Attack on key Iran gas field marks escalation of conflict, lifting global oil prices by 5%
Oil prices jumped Wednesday despite the Trump administration announcing it will issue a temporary waiver on a law known as the Jones Act. Article Attribution | Read More at Article Source
Swarmer’s stock surges 1,100% in two days, underscoring fervent demand for drones
Defense-technology stocks have been hot in recent months, and now investors are pouring into Swarmer shares following this week’s IPO. Article Attribution | Read More at Article Source
The true value of Kalshi’s ‘$1 billion’ March Madness prize? To you, 8 cents.
The odds of picking a perfect bracket are somewhere around 6.5 billion to 1. Article Attribution | Read More at Article Source
‘I’m so screwed’: How can I afford to care for a mom with dementia and send my teen to college?
You don’t have to lose everything — not your savings or your wits — when you become a caregiver. Article Attribution | Read More at Article Source
The 6 biggest changes to Social Security over the past 20 years that affect how much money you’ll get in retirement
Maximum benefits are up 103%, but dark days loom. Article Attribution | Read More at Article Source
What is the Jones Act? Trump’s waiving the century-old shipping law — and this stock is getting hurt.
President Donald Trump on Wednesday took the much-anticipated step of waiving a 1920 law known as the Jones Act in an effort to combat soaring prices for crude oil and other key commodities. Article Attribution | Read More at Article Source
Macy’s proves Wall Street wrong again by growing sales, and the stock surges
Macy’s stock surges as for the third straight quarter comparable sales rose from a year ago while analyst were expecting a decline. Article Attribution | Read More at Article Source
It’s time to rethink how we define obesity as millions turn to GLP-1s
BMI is just B.S. It doesn’t accurately define what it means to be overweight. Article Attribution | Read More at Article Source
Oil prices climb after Iran reports attacks on key oil and natural gas field
Oil prices were popping early Wednesday morning after Iran said U.S. and Israeli airstrikes hit one of its key natural gas field, while nearby oil and petrochemical facilities also came under attack. Article Attribution | Read More at Article Source
It’s a ‘black swan’ moment in oil but nowhere else. The stock market is at risk of a 20% fall, say these strategists.
Almost everything except for bonds – stocks, interest rates, credit, gold and the U.S. dollar – is having “very normal white swan types of moves.” Article Attribution | Read More at Article Source