Traders work on the floor at the New York Stock Exchange in New York City, U.S., Sept. 17, 2025. Brendan McDermid | Reuters Stock market growth that seems impervious to tariffs, politics and a moribund jobs picture is in turn powering consumer spending and putting a floor under an economy that many expected to be…
Long-time market bull David Zervos is worried the Federal Reserve is overlooking how the artificial intelligence boom will impact the jobs market. “We could actually have a pretty strong growth economy. Your AI story… [is] something really pretty spectacular. But the job growth side of it is not nearly as comfortable as you would like…
In June of last year, Jessica Guistolise received a text message that would change her life. While the technology consultant was dining with colleagues on a work trip in Oregon, her phone alerted her to a text from an acquaintance named Jenny, who said she had urgent information to share about her estranged husband, Ben….
It’s a partnership designed to give retail investors more access to a rapidly expanding asset class: Private credit. Simplify Asset Management and VettaFi launched the actively managed Simplify VettaFi Private Credit Strategy ETF (PCR) on Wednesday. “The role of private credit in the portfolio is something that has historically only been available to very high-net…
(This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.) Hours after we first reported last week that Berkshire sold off the remainder of its stake in BYD earlier this year, the Chinese electric vehicle maker confirmed…
Fading West modular housing development built after the Hawaii wildfires. Fading West Owning a home is one of the pillars of the American Dream. But with a nationwide housing affordability crisis headlined by a lofty median price of a single-family home at more than $422,000, the 30-year fixed mortgage rate coming down but still relatively…
ABOARD A HONEYWELL TEST PLANE — Aerospace giant Honeywell is building new cockpit alerts that developers say will give airline pilots more precious time to react to hazards at airports. Honeywell senior test pilot Capt. Kirk Vining late last month put the alerts — called Surface Alert, or SURF-A — to the test by recreating…
Brothers91 | E+ | Getty Images Deciding when to claim Social Security retirement benefits is a big decision — and Congress is looking at changing the program’s wording to help people better understand their options. Understanding the trade-offs for claiming at different ages can be confusing, and some experts say the terms the agency currently…
A Peterbilt 579 truck equipped with Aurora’s self-driving system is seen at the company’s terminal in Palmer, south of Dallas, Texas, September 23, 2021. Tina Bellon | Reuters Shares of Paccar jumped about 5% on Friday after President Donald Trump announced that he will impose a 25% tariff on imported heavy trucks beginning Oct. 1….
When Hou Yujie isn’t convincing customers to rent traditional Chinese clothing for photos at the country’s famous Forbidden City, she and her friends are checking stocks. Hou recently put 10% of her money in the market. In just a few days, she earned one month’s salary — and she’s thrilled. “Interest rates for bank deposits…
