SpaceX’s record-setting IPO is creating a financial windfall for thousands of the company’s current and former…
Category: Finance
Nissan recalls over 51K SUVs after software defect causes dashboard screens to fail
Nissan is recalling more than 51,000 Kicks SUVs because a software defect can cause the dashboard…
California loses Fortune 500 crown to Texas as billionaire tax threat looms
A shifting economic landscape has culminated in Texas, dethroning California as the nation’s premier hub for…
Housing crisis hits all ages as homeownership declines nationwide
A common narrative suggests that the housing crisis is a young person’s problem, with Gen Z…
Jensen Huang says Nvidia’s new RTX Spark chip will reinvent the PC
Nvidia on Monday unveiled a new chip that will bring artificial intelligence (AI) capabilities onto laptops…
Jamie Dimon calls Coinbase CEO ‘full of s–t,’ vows to fight crypto-friendly bill in Congress
JPMorgan Chase Chairman and CEO Jamie Dimon issued an unfiltered, aggressive warning against a new crypto-friendly…
GM letting some EV owners sell electricity back to the US power grid
General Motors on Tuesday announced it’s releasing a software update that allows some electric vehicle (EV)…
Beware the ticking time bomb hiding in your 401(k)
401(k) savers face a major financial risk from required minimum distributions that could push them into…
Costco says its gas stations set all-time volume records as consumers seek lower-priced fuel
Costco topped third-quarter sales expectations as its gas stations hit record volumes amid surging fuel prices…
Most 401(k) savers may be short-changing themselves, data shows
Target date funds make 401(k) investing easy, but their one-size-fits-most design could leave retirement savings underfunded…
This sector has dominated ETF returns so far in 2026
Semiconductor ETFs are dominating in 2026, with the iShares Semiconductor ETF up 89% year to date…
Convicted FTX founder Sam Bankman-Fried insists he’s innocent in exclusive prison interview
Sam Bankman-Fried says he would welcome a Trump pardon but insists he has not lobbied the…
Stellantis unveils $70B turnaround strategy with 60 new models
Stellantis announces a $70 billion turnaround strategy focusing on core brands, external partnerships and more efficient…
Americans grow more pessimistic about finances as rent and food cost fears surge, Fed says
More than 13% of U.S. households say they are much worse off financially, while 36% expect…
Hosting a Memorial Day cookout? Here’s how much it could cost
Memorial Day grilling costs are notably higher as inflation data shows beef, hot dogs, and fresh…
Boeing pursues massive China jet deal as CEO joins Trump’s delegation to Beijing
Boeing CEO Kelly Ortberg says a potential deal for hundreds of jets is dependent on Trump-Xi…
Inside the 50-home Miami sanctuary where smart money is buying decades of security for their kids
"Wall Street South's" shift to Miami Beach is now multi-generational as billionaires and CEOs relocate their…
US economy added 172,000 jobs in May, beating expectations
The Bureau of Labor Statistics reported that 172,000 jobs were added in May, beating economist expectations…
High energy prices risk keeping inflation above 2% target, concerning Fed policymakers
Fed minutes reveal policymakers worried about energy prices and tariffs driving inflation higher when they held…
Ford recalls nearly 420,000 Expedition and Lincoln Navigator SUVs over seat belt locking issue
Ford recalls nearly 420,000 Expedition and Lincoln Navigator SUVs over seat belt retractor pretensioners that may…