No surprises on inflation and new financing developments in the artificial intelligence trade drove the record-breaking action on Wall Street last week. The S & P 500 and Nasdaq both dropped modestly Friday but managed to post their third straight winning weeks. The S & P 500 rose above 7,800 during Thursday’s session for the…
A woman holds a “legalize cannabis now” sign outside the U.S. Capitol on Wednesday, May 13, 2026. Bill Clark | Cq-roll Call, Inc. | Getty Images Marijuana has had a history of highs and lows in the U.S. over the past century — legally, politically and culturally — teetering between vilification and acceptance. Since 1996,…
Rep. Alexandria Ocasio-Cortez, D-N.Y., arrives to the U.S. Capitol for the last votes of the week on Friday, May 15, 2026. Tom Williams | Cq-roll Call, Inc. | Getty Images When Rep. Alexandria Ocasio-Cortez recently announced on social media that she was freezing her eggs, she called attention to the cost of the procedure. The…
The company runs a betting exchange in the UK and also operates in Ireland, Malta, Sweden and in Indiana, United States. Courtesy: Smarkets Smarkets, a UK-based betting exchange, is making its way into the U.S. by pursuing two separate avenues. The company, which was founded in 2008, filed for a license with the Commodity Futures…
The caverns that hold the U.S. strategic oil reserves could get damaged by the rapid release of stockpiles in response to the Iran war, experts warned this week as inventories hit a four-decade low. Damage to the caverns would make it more difficult to respond to future energy emergencies, the experts said. The oil in…
U.S. dollar banknotes Jose Luis Gonzalez | Reuters Many investors are turning to short-term investments, particularly ultra-short bond funds, amid persistent concerns that the equity market is headed for an inevitable downturn and long-term bonds like the 10-year treasury are not providing the diversification benefits that they have provided within portfolios historically. Stock market returns…
BANDAR ABBAS, IRAN – AUGUST 10: Two youths sit on the shoreline as ships are seen anchored in the Strait of Hormuz on August 10, 2026 off the coast of Bandar Abbas, Iran. (Photo by Ali Saeedi/Getty Images) Getty Images | Getty Images News | Getty Images Iran rebuffed U.S. President Donald Trump’s claim that…
Nikos Pekiaridis | Nurphoto | Getty Images A court ruling this week in favor of Gilead Sciences could significantly impact a burgeoning class of health programs in the U.S. that federal authorities say are illegally importing medications from overseas. Last year, a CNBC investigation found that these programs — called alternative funding programs, or AFPs…
An unmanned aerial vehicle at the AeroVironment Inc. booth during the Special Operations Forces Industry Conference in Tampa, Florida, May 17, 2022. Luke Sharrett | Bloomberg | Getty Images Drone stocks rallied on Friday after President Donald Trump announced import tariffs in an effort to boost U.S. manufacturing and protect national security. Unusual Machines popped…
My top 10 things to watch Friday, Aug. 14 — Club portfolio director Jeff Marks wrote today’s newsletter. 1. Stocks are headed for a mixed open following Thursday’s record S & P 500 close. Oil is slightly higher after Treasury Secretary Scott Bessent said in an interview with Newsmax that the U.S. is preparing economic…
