When introduced to investing, many market participants learn about the benefits of owning individual equities. And market history is littered with examples of “story stocks” that minted fortunes for select investors who likely just got lucky. But for most investors, the better course of action is to learn how to…
More than 350,000 vitamins and supplements were recalled due to incorrect packaging, which federal regulators said poses a “risk of serious injury or death” to children. New Jersey-based Vitaquest International initiated the voluntary recall of about 356,140 dietary supplements that contain iron due to the lack of child-resistant packaging required…
The deadline to file 2025 tax returns is looming on Wednesday, April 15, and while tens of millions of taxpayers have filed their returns, there will likely be millions filing extensions to give themselves until the fall to submit their returns. Taxpayers who need more time to file their 2025…
More than two thousand years ago, Greek philosopher Heraclitus of Ephesus coined the phrase, “Change is the only constant.” That observation has remained true since his death, but now change is happening even faster, largely due to generative artificial intelligence (Gen-AI) technology such as ChatGPT or Claude. And that is…
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BlackRock has filed for an exchange-traded fund that will track the Nasdaq-100, in a challenge to Invesco’s dominance in a…
Goldman Sachs said on Thursday it has completed the acquisition of active exchange-traded fund provider Innovator Capital Management, expanding the…
Tech giant Meta is planning to move forward with laying off about 200 employees in the San Francisco Bay Area.…
The parent company of luxury retailer Saks announced Thursday that it entered into a restructuring agreement with its capital partners…
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Mortgage rates fell this week after President Donald Trump announced a two-week ceasefire between the U.S. and Iran, mortgage buyer Freddie Mac said Thursday.Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage declined to 6.37%…
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American consumers who are in the market for used cars are facing the highest prices in nearly three years, according to a new report. Wholesale prices for used vehicles rose to their highest level since the summer of 2023 in March, with the Manheim Used Vehicle Value Index rising 6.2%…
JPMorgan Chase CEO Jamie Dimon warned that New York City and other cities with high taxes and regulatory burdens run the risk of losing businesses and workers to locales with more hospitable business climates. Dimon released his annual letter to shareholders on Monday in conjunction with the firm’s 2025 annual…
While Silicon Valley spends billions trying to teach robots how to think, home improvement giant Lowe’s is putting its money on Americans who know how to build. As artificial intelligence threatens to hollow out white-collar cubicle careers, Lowe’s CEO Marvin Ellison is sounding a wake-up call: AI can write your…
Toyota is recalling more than 73,000 hybrid vehicles over a pedestrian warning sound issue, according to the National Highway Traffic Safety Administration (NHTSA). Certain 2023–2025 Toyota Corolla Cross Hybrid vehicles are affected by the recall effort because they do not make a loud enough sound while in reverse, making it…
Oracle on Monday announced it hired a new chief financial officer after the software giant moved forward with layoffs last week. The company announced that Hilary Maxson will serve as the new CFO, joining Oracle from French industrial conglomerate Schneider Electric where she served in the same role. Oracle said…
The U.S. housing market accelerated in March despite elevated mortgage rates reducing some of the affordability improvement the market had recently seen, according to a new report. Zillow released its market report for March which found that newly pending home listings increased 4.6% from a year ago in March.That increased…
Americans are concerned with the rising cost of healthcare along with surging health insurance premiums. A Gallup poll released last week found that healthcare is the top domestic issue facing Americans among 16 policy areas included in the survey, with 61% saying they worry a great deal about healthcare access…
JPMorgan Chase CEO Jamie Dimon warned in his annual letter to shareholders that the war in Iran could lead to more stubborn inflation as well as higher interest rates than what the market is currently anticipating. Dimon’s letter was released Monday in conjunction with JPMorgan’s annual report for 2025 and…
The leader of a trade group that represents most major automakers called on the federal government to eliminate its gasoline tax and replace it with a vehicle fee to finance road infrastructure needs. Alliance for Automotive Innovation CEO John Bozzella, whose group represents automakers such as General Motors, Toyota, Volkswagen, Hyundai…
American workers saw rising wages in March, though the increases were lighter than expected and represented a deceleration from the prior month’s readings. The Bureau of Labor Statistics on Friday released the March jobs report, which showed the U.S. economy added 178,000 jobs for the month – beating the expectations…
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