Stock market news, crypto, investing, and personal finance.
1,592 articles
United Airlines is revamping its MileagePlus program, giving preferential treatment to co-branded credit card holders. The changes, effective April, will result in higher mileage earnings and better redemption rates for cardholders, signaling a strategic push to enhance credit card appeal.
Nearly 2 million forms have been filed for Trump accounts, aiming to boost wealth building for millions of children. While the rollout is underway with a July 4th seed deposit, key details on tax handling and gift exclusions remain unclear. Analysts anticipate minimal short-term market impact but potential long-term economic benefits.
The U.S. Supreme Court ruled that the executive branch cannot unilaterally impose tariffs without congressional authorization. This decision reasserts legislative power over trade policy and has significant implications for future tariffs, consumer costs, and government revenue.
President Trump's State of the Union address is set against a backdrop of economic headwinds and political challenges. With falling poll numbers and a partial government shutdown, the President is expected to focus heavily on addressing rising costs of living, including healthcare, housing, and groceries, in an effort to regain public favor.
California's housing crisis has driven a surge in RV homelessness, creating a lucrative but exploitative 'vanlord' market. With a severe shortage of affordable housing and shelter, many are forced into RVs, facing high rental costs or unregulated agreements.
The stock market experienced a sharp downturn, with major indices falling significantly. This selloff was driven by concerns over AI spending and a dramatic surge in layoffs, reaching levels not seen since 2009, according to the Challenger job cuts report. Dismal JOLTS data further fueled recession fears.
Equity markets saw a significant rebound today fueled by aggressive short covering and easing geopolitical concerns. While heavily shorted stocks led the charge, analysts caution that underlying risks in private credit and widening credit spreads suggest the bounce may be tactical rather than a sign of a sustained recovery.
A synchronized market sell-off across silver, Bitcoin, gold, and tech stocks signals a potential shift to a deflationary 'new world order.' The appointment of a deflation-focused Federal Reserve nominee appears to be a key catalyst, prompting investors to re-evaluate risk assets and consider strategies for a deleveraging environment.
Private credit markets are fueling a significant boom in AI chip acquisition, led by Apollo's substantial financing for Elon Musk's xAI. This trend underscores the sector's capital demands amid cautious market sentiment ahead of key economic data releases.
Reports of Grant Cardone selling assets have sparked scrutiny into his fund's fee structures. An analysis suggests incentives for frequent transactions and deferred fees could significantly impact investor returns over the long term.
