$100 Oil Would Cripple Economy
The price of crude oil has risen from $71 at the start of 2024 to above $82. For several reasons, it is likely to move higher. Experts, including those at J.P. Morgan, expect oil…
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Douglas A. McIntyre
America’s Richest Retirement Town
One trend among wealthy Americans is that, as they retire, they often move south to states such as North Carolina, South Carolina, Georgia, and Florida. A new study by GoBankingRates shows that the richest…
Reddit Stock’s Wild Swings
Reddit stock has been volatile since its initial public offering and likely will continue to be until the quarterly report in May.
Apple Launches iPad to Fuel Turnaround
The iPad has been a drag on Apple’s earnings recently. Will the impending release of two new versions change that?
It Cost Over $300,000 for a Family of 4 to Live in These Cities
A recent analysis reveals the six U.S. cities where the median household income needed to support a family of four is over $300,000.
It Costs Over $90,000 to Attend This University
A recent analysis reveals which are the most expensive U.S. colleges to attend. But is the costliest school the best?
This Is the City Where the Most People Own Their Homes
A recent analysis reveals that the U.S. metropolitan areas with the highest home ownership rate tend to have low median home values.
States Where You’ll Pay Most in Lifetime Taxes, Led by New Jersey
A recent analysis reveals that the state in which people pay the most in taxes over their lifetime is New Jersey.
These States Lost the Most Workers During the Pandemic, Led by California
A recent analysis reveals that California and New York have lost the most jobs since the start of the COVID-19 pandemic.
Lucid Gets $1 Billion
Struggling electric vehicle maker Lucid has received a $1 billion lifeline, but will that give it enough time to turn itself around?
Toyota Stock Up 88% in the Past Year
Toyota stock has outperformed those of other major auto manufacturers as demand for purely electric vehicles has waned.
This Stock Has a Safe 9.1% Yield
Altria is very likely to keep its current 9.1% dividend, or perhaps raise it, because the company strongly believes in rewarding shareholders.
S&P 500 Could Hit 6,000
The S&P 500 trades at 5,234, up 33% in the past year. One group of analysts at Goldman Sachs believes it could jump to 6,000 by the end of 2024. According to Bloomberg, a…
Jeff Bezos Sells $8.5 Billion in Amazon Stock
Jeff Bezos has sold shares in the company he founded, Amazon.com Inc. (NASDAQ: AMZN), before. But in February, the size of his sales was extraordinary. He sold approximately 50 million shares, which were worth…
Gas Prices Jump Above $3.50 and Rise
Gasoline prices have started another significant increase. At $3.53 per gallon nationwide, they are above the prices last week, a month ago, and a year ago. The same holds for Premium, which has reached…
iPhone Outsells Samsung
Despite the growth of homegrown smartphone companies in China, the actual global race in the sector has been between Apple Inc. (NASDAQ: AAPL) and South Korea’s Samsung. Samsung is the world’s largest smartphone manufacturer.…
Disney Shareholder Revolt Gets Support
Proxy advisory firm Institutional Shareholder Services has recommended that shareholders vote to add Nelson Peltz to Disney's board.
Starbucks Hit With 440,000 Mug Recall
The recall of 440,000 holiday mugs further tarnishes the reputation of Starbucks, which is resisting the unionization of its workers.
Lucid Is a Penny Stock
Shares of EV maker Lucid have plunged in the past year into penny stock territory as investors have lost faith that it can recover.
Apple Stock Could Be Beaten Down by Federal Lawsuit
A Justice Department suit for anti-competitive practices could weigh on Apple stock for months, if not longer.