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Wholesale prices show first drop in almost a year on lower gas prices, but inflation still too high
Wholesale prices fell in June for the first time in 10 months largely due to lower gas prices, but it’s unclear if the recent slowdown in inflation will persist in light of renewed hostilities between the U.S. and Iran. Article Attribution | Read More at Article...
BlackRock profits jump as assets under management hit a record $15 trillion
Shares in the fund manager rise as company says its will boost quarterly buybacks to $550 million Article Attribution | Read More at Article Source
I’m 67 with a $140,000 pension. Should I wait until 70 to claim Social Security so my wife gets more?
“When I pass, all my retirement income is reduced to $30,000 a year.” Article Attribution | Read More at Article Source
SpaceX ushered in a ‘new era’ for investing in space. Why the stock is now cratering.
After surging in May, the space sector has tumbled as investors are feeling an “investment coma” in the wake of the record-breaking SpaceX IPO. Article Attribution | Read More at Article Source
Netflix earnings are coming. Here’s what’s needed to prop up the tumbling stock.
Netflix reports quarterly earnings on Thursday. The streaming platform’s stock has dropped more than 40% over the past year. Article Attribution | Read More at Article Source
My husband and I are retired. Our financial adviser, who is in his 30s, called us ‘you guyses.’ Is that unprofessional?
“I’m wondering whether I should ask to work with someone closer to our generation.” Article Attribution | Read More at Article Source
Industrials could be the next big bottleneck trade. Here are some stocks that could benefit.
The next big bottleneck trade might have more to do with bearings than microchips. Article Attribution | Read More at Article Source
It’s boom and bust in the hedge-fund world as both liquidations and new launches spike
The number of hedge-fund liquidations reached a two-year high in the first quarter, a period which also saw a boom in new launches. Article Attribution | Read More at Article Source
Why the huge premium on SK Hynix’s U.S. listing may prove short-lived.
If the Korean depository allows conversion, then the ADR premium on SK Hynix may contract. Article Attribution | Read More at Article Source
Stripe and Advent reportedly team up to bid for battered PayPal. Michael Burry says the offer isn’t enough.
PayPal, the struggling payments processor, rallied in premarket trade on Wednesday on a report that rival Stripe is teaming up with private-equity group Advent International on a bid. Article Attribution | Read More at Article Source
‘I don’t want to sound callous’: Nobody knows when they’ll die. Don’t base when you claim Social Security on that.
“The actual date of death ultimately affects only the surviving beneficiaries.” Article Attribution | Read More at Article Source
ASML is scrambling to build more capacity after blockbuster beat-and-raise quarter
Shares in the Dutch company climbed 6% in pre-market trading after it lifted its outlook by up to 19% for 2026. Article Attribution | Read More at Article Source