3 days ago
Today, Suze Orman is one of the world's foremost financial experts. Once upon a time, though, she was a little girl who watched her father run into a burning building.
As Orman explained on her podcast, she and her mother went to pick her father up from work one day and found him outside the chicken shack where he worked. The chicken shack was ablaze, and Orman watched her father run into the building that was engulfed in flames.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
A single line on your car insurance policy could be inflating your premium by up to 30% — here's what to change
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake. Here's what it is and 3 simple steps to fix it ASAP
#orman
As Orman explained on her podcast, she and her mother went to pick her father up from work one day and found him outside the chicken shack where he worked. The chicken shack was ablaze, and Orman watched her father run into the building that was engulfed in flames.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
A single line on your car insurance policy could be inflating your premium by up to 30% — here's what to change
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake. Here's what it is and 3 simple steps to fix it ASAP
#orman
3 days ago
Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below.
Worried you might be weighed down with a parent's debts or expenses after they die? You might not need to worry.
As it turns out, you may have limited obligations to pay your parents' debts if they die (or to take on their expenses if they're still alive). And, if you're a parent, there are steps you can take to prevent your adult children from taking on your debts, if you were to die.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
A single line on your car insurance policy could be inflating your premium by up to 30% — here's what to change
#might #expenses #worried #bezos
Worried you might be weighed down with a parent's debts or expenses after they die? You might not need to worry.
As it turns out, you may have limited obligations to pay your parents' debts if they die (or to take on their expenses if they're still alive). And, if you're a parent, there are steps you can take to prevent your adult children from taking on your debts, if you were to die.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
A single line on your car insurance policy could be inflating your premium by up to 30% — here's what to change
#might #expenses #worried #bezos
3 days ago
Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below.
Gold just gained something more valuable than another bullish forecast: a voice inside the U.S. Department of the Treasury.
With America's national debt above $40 trillion (1), Secretary of the Treasury Scott Bessent has brought in an economist whose ideas could change what Washington offers investors in exchange for their money.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
A single line on your car insurance policy could be inflating your premium by up to 30% — here's what to change
#moneywise #finance #washington
Gold just gained something more valuable than another bullish forecast: a voice inside the U.S. Department of the Treasury.
With America's national debt above $40 trillion (1), Secretary of the Treasury Scott Bessent has brought in an economist whose ideas could change what Washington offers investors in exchange for their money.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
A single line on your car insurance policy could be inflating your premium by up to 30% — here's what to change
#moneywise #finance #washington
3 days ago
A Florida woman who passed away kept receiving her Social Security retirement benefits for nearly six years — and her great-niece was cashing in.
Asha Anderson, 48, of Pompano Beach, Florida had been withdrawing her great-aunt's benefits from ATMs between April 2017 and December 2022 — to the tune of more than $152,000, according to prosecutors.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake. Here's what it is and 3 simple steps to fix it ASAP
A single line on your car insurance policy could be inflating your premium by up to 30% — here's what to change
#great #asha #anderson #beach
Asha Anderson, 48, of Pompano Beach, Florida had been withdrawing her great-aunt's benefits from ATMs between April 2017 and December 2022 — to the tune of more than $152,000, according to prosecutors.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake. Here's what it is and 3 simple steps to fix it ASAP
A single line on your car insurance policy could be inflating your premium by up to 30% — here's what to change
#great #asha #anderson #beach
20 days ago
Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below.
If you've been worried sick about higher prices, one of Wall Street's most-watched bulls has a message for you: relief may be on the way.
"I think the probabilities are really high. It's going to drop," Tom Lee, co-founder of Fundstrat Global Advisors, said of inflation in a Sept. 25 interview.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
A single line on your car insurance policy could be inflating your premium by up to 30% — here's what to change
#finance #earn
If you've been worried sick about higher prices, one of Wall Street's most-watched bulls has a message for you: relief may be on the way.
"I think the probabilities are really high. It's going to drop," Tom Lee, co-founder of Fundstrat Global Advisors, said of inflation in a Sept. 25 interview.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
A single line on your car insurance policy could be inflating your premium by up to 30% — here's what to change
#finance #earn
20 days ago
October 8, 2026 / 5:00 AM EDT / KFF Health News
The U.S. Senate candidates in Texas could hardly be more different: James Talarico, a former seminarian turned Democratic state lawmaker who speaks in calm cadences about love and empathy, and Ken Paxton, the pugnacious Republican state attorney general who speaks about a refusal to compromise.
They share an enemy, though. They dislike social media's effects on children's mental health. Talarico, who did not respond to a request for comment, has endorsed a social media ban for kids under 16, while denouncing "predatory algorithms that divide us on an hourly, daily basis." As a legislator, he co-authored a bill targeting explicit deepfakes — digital imitations of individuals that are often made or manipulated by artificial intelligence and used for harassment on social media.
Paxton has been suing Big Tech, alleging the companies hook youth on their apps or don't restrict sensitive videos from being viewed by kids. "When elected to the U.S. Senate, he will continue his proven record of advancing policies that protect children online, strengthen parental rights, and hold Big Tech accountable when it breaks the law," Paxton campaign spokesperson Madison Cercy said in a statement to KFF Health News.
Youth mental health is in decline. Even as researchers explore what's causing the problem, momentum is gathering among policymakers from both parties to crack down on social media companies. Several major companies are being sued, investigated, and, soon, potentially regulated. That they may be harming kids' mental health is a key reason.
#Social #kids #senate #Tech
The U.S. Senate candidates in Texas could hardly be more different: James Talarico, a former seminarian turned Democratic state lawmaker who speaks in calm cadences about love and empathy, and Ken Paxton, the pugnacious Republican state attorney general who speaks about a refusal to compromise.
They share an enemy, though. They dislike social media's effects on children's mental health. Talarico, who did not respond to a request for comment, has endorsed a social media ban for kids under 16, while denouncing "predatory algorithms that divide us on an hourly, daily basis." As a legislator, he co-authored a bill targeting explicit deepfakes — digital imitations of individuals that are often made or manipulated by artificial intelligence and used for harassment on social media.
Paxton has been suing Big Tech, alleging the companies hook youth on their apps or don't restrict sensitive videos from being viewed by kids. "When elected to the U.S. Senate, he will continue his proven record of advancing policies that protect children online, strengthen parental rights, and hold Big Tech accountable when it breaks the law," Paxton campaign spokesperson Madison Cercy said in a statement to KFF Health News.
Youth mental health is in decline. Even as researchers explore what's causing the problem, momentum is gathering among policymakers from both parties to crack down on social media companies. Several major companies are being sued, investigated, and, soon, potentially regulated. That they may be harming kids' mental health is a key reason.
#Social #kids #senate #Tech
21 days ago
Minutes from the Federal Reserve's September policy meeting reflect unanimous agreement among officials that interest rates needed to be higher to combat persistent inflation.
"Participants generally emphasized that inflation remained elevated while the labor market appeared to be near full employment, with some signs of strengthening, and that economic activity was expanding at a solid pace. Furthermore, almost all participants ****** sed that, while inflation risks were tilted to the upside, risks to the labor market had diminished and were now broadly balanced," minutes from the Sept. 16 meeting released Wednesday stated.
"Based on the outlook and the changing balance of risks, all participants viewed a higher target range for the federal funds rate as appropriate."
The Fed voted unanimously on Sept. 16 to raise rates, the first hike in three years. And at the time, most Federal Open Market Committee members saw a need for at least one more 25 basis point rate hike this year.
Markets were banking on a hike and expecting more to come.
#federal #hike #rates
"Participants generally emphasized that inflation remained elevated while the labor market appeared to be near full employment, with some signs of strengthening, and that economic activity was expanding at a solid pace. Furthermore, almost all participants ****** sed that, while inflation risks were tilted to the upside, risks to the labor market had diminished and were now broadly balanced," minutes from the Sept. 16 meeting released Wednesday stated.
"Based on the outlook and the changing balance of risks, all participants viewed a higher target range for the federal funds rate as appropriate."
The Fed voted unanimously on Sept. 16 to raise rates, the first hike in three years. And at the time, most Federal Open Market Committee members saw a need for at least one more 25 basis point rate hike this year.
Markets were banking on a hike and expecting more to come.
#federal #hike #rates
21 days ago
Netflix gave up on buying Warner Bros. Discovery's studio and streaming business on Feb. 26. By the next day, Paramount Skydance, the company that outbid it, paid Netflix $2.8 billion.
The money was a breakup fee written into Netflix's own deal with Warner, and Paramount covered it as part of its winning bid, according to a Warner Bros. Discovery securities filing.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
A single line on your car insurance policy could be inflating your premium by up to 30% — here's what to change
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake. Here's what it is and 3 simple steps to fix it ASAP
#warner #bros #jeff #ramsey
The money was a breakup fee written into Netflix's own deal with Warner, and Paramount covered it as part of its winning bid, according to a Warner Bros. Discovery securities filing.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
A single line on your car insurance policy could be inflating your premium by up to 30% — here's what to change
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake. Here's what it is and 3 simple steps to fix it ASAP
#warner #bros #jeff #ramsey
21 days ago
WASHINGTON (AP) — Most Federal Reserve officials expect that another interest rate increase will likely be needed this year to combat inflation, according to minutes released Wednesday from the central bank's most recent meeting.
The officials unanimously agreed that inflation was still elevated and had not made much progress toward their 2% target in recent months, the minutes said. The Fed increased its key interest rate at the Sept. 15-16 meeting by a quarter-point to about 3.9%, its first increase in three years.
The increase defied President Donald Trump's repeated calls for the Fed to cut rates and prompted the president to criticize the Fed's rate-setting committee, though he still expressed support for Chairman Kevin Warsh, whom he appointed earlier this year. The rate increase comes as Americans are already struggling with high costs for groceries, gas and housing, and as affordability has taken on a leading role in the upcoming midterm elections, just seven weeks away.
Longer-term interest rates for mortgages and other borrowing have also jumped in the past few months for a range of reasons, including rising government debt, heavy borrowing by tech firms to finance data center construction, climbing oil and gas prices, and signs that growth and inflation remain elevated. The Fed's rate hike has likely played only a limited role in the increase.
Still, key policymakers have said since the meeting that the Fed can take some time to monitor the economy and the impact of last month's rate hike before making another move. Wall Street investors now forecast the Fed will keep its rate unchanged at its next meeting Oct. 28-29, according to futures pricing, and raise it when they meet in December.
#officials
The officials unanimously agreed that inflation was still elevated and had not made much progress toward their 2% target in recent months, the minutes said. The Fed increased its key interest rate at the Sept. 15-16 meeting by a quarter-point to about 3.9%, its first increase in three years.
The increase defied President Donald Trump's repeated calls for the Fed to cut rates and prompted the president to criticize the Fed's rate-setting committee, though he still expressed support for Chairman Kevin Warsh, whom he appointed earlier this year. The rate increase comes as Americans are already struggling with high costs for groceries, gas and housing, and as affordability has taken on a leading role in the upcoming midterm elections, just seven weeks away.
Longer-term interest rates for mortgages and other borrowing have also jumped in the past few months for a range of reasons, including rising government debt, heavy borrowing by tech firms to finance data center construction, climbing oil and gas prices, and signs that growth and inflation remain elevated. The Fed's rate hike has likely played only a limited role in the increase.
Still, key policymakers have said since the meeting that the Fed can take some time to monitor the economy and the impact of last month's rate hike before making another move. Wall Street investors now forecast the Fed will keep its rate unchanged at its next meeting Oct. 28-29, according to futures pricing, and raise it when they meet in December.
#officials
21 days ago
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The annual Social Security cost-of-living adjustment (COLA) can make or break the finances of retirees, as it determines how much benefits will increase to keep pace with inflation.
Since COLAs are very important to beneficiaries, advocacy groups make predictions throughout the year, offering insight into how much extra money (if any) Social Security recipients will collect in the coming year.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
A single line on your car insurance policy could be inflating your premium by up to 30% — here's what to change
#make #moneywise #since
The annual Social Security cost-of-living adjustment (COLA) can make or break the finances of retirees, as it determines how much benefits will increase to keep pace with inflation.
Since COLAs are very important to beneficiaries, advocacy groups make predictions throughout the year, offering insight into how much extra money (if any) Social Security recipients will collect in the coming year.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
A single line on your car insurance policy could be inflating your premium by up to 30% — here's what to change
#make #moneywise #since
21 days ago
Updated on: October 7, 2026 / 5:42 AM EDT / CBS News
London — The involvement of a small American firm linked to **** ociates of President Trump in an energy project in Bosnia and Herzegovina worth more than $1.5 billion has raised questions about how the White House could be using its leverage in the fragile Balkan state.
U.S. lawmakers accuse the Trump administration of lifting sanctions on Bosnian Serb separatist leader Milorad Dodik in an effort to enrich and empower allies of Mr. Trump, and of undermining longstanding U.S. foreign policy interests in the region in the process.
On Sunday, Mr. Trump was hailed by Dodik after his Serb nationalist party won one of Bosnia and Herzegovina's three presidency seats, which are split between Bosnia's Muslim minority, known as Bosniaks, as well as Serb and Croat ethnic groups under the country's complex power-sharing electoral system.
"If it had not been for Donald Trump's magnificent victory … we would probably be political corpses today," Dodik told supporters in a speech, in which he also thanked Russian President Vladimir Putin for his support.
#Trump #bosnia #updated
London — The involvement of a small American firm linked to **** ociates of President Trump in an energy project in Bosnia and Herzegovina worth more than $1.5 billion has raised questions about how the White House could be using its leverage in the fragile Balkan state.
U.S. lawmakers accuse the Trump administration of lifting sanctions on Bosnian Serb separatist leader Milorad Dodik in an effort to enrich and empower allies of Mr. Trump, and of undermining longstanding U.S. foreign policy interests in the region in the process.
On Sunday, Mr. Trump was hailed by Dodik after his Serb nationalist party won one of Bosnia and Herzegovina's three presidency seats, which are split between Bosnia's Muslim minority, known as Bosniaks, as well as Serb and Croat ethnic groups under the country's complex power-sharing electoral system.
"If it had not been for Donald Trump's magnificent victory … we would probably be political corpses today," Dodik told supporters in a speech, in which he also thanked Russian President Vladimir Putin for his support.
#Trump #bosnia #updated
22 days ago
A key gauge of where the market thinks rates are headed is the CME FedWatch survey, which polls interest rate traders. In the days leading up to the September Federal Open Market Committee (FOMC) meeting, almost 60% of those polled expected a 25-basis-point rate hike, which the FOMC delivered on Sept. 16.
While most, 78%, expect rates to stay the same at the Oct. 28 Fed meeting, an overwhelming majority of traders anticipate a rate hike when the FOMC meets on Dec. 9. Specifically, 67% expect a 25-basis-point increase, and 17% say rates will be 50 basis points higher by then.
Missed AI's "Act 1"? Act 2 Could Be 14x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005. But according to our **** ysts, we're only at the end of "Act 1"—the R&D phase. "Act 2" is the global rollout. Continue »
They may be taking cues from FOMC members themselves, like Fed Governor Michael Barr. In a speech on Sept. 29 in Detroit, Barr said eight words that gave a decent clue as to what he is thinking about rates.
"Further policy adjustments are likely to be needed," Barr said in Detroit last week, "to ensure inflation comes down to target in a timely fashion."
#missed
While most, 78%, expect rates to stay the same at the Oct. 28 Fed meeting, an overwhelming majority of traders anticipate a rate hike when the FOMC meets on Dec. 9. Specifically, 67% expect a 25-basis-point increase, and 17% say rates will be 50 basis points higher by then.
Missed AI's "Act 1"? Act 2 Could Be 14x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005. But according to our **** ysts, we're only at the end of "Act 1"—the R&D phase. "Act 2" is the global rollout. Continue »
They may be taking cues from FOMC members themselves, like Fed Governor Michael Barr. In a speech on Sept. 29 in Detroit, Barr said eight words that gave a decent clue as to what he is thinking about rates.
"Further policy adjustments are likely to be needed," Barr said in Detroit last week, "to ensure inflation comes down to target in a timely fashion."
#missed
22 days ago
Pfizer paid $9.8B in dividends in 2025 while earning only $7.7B in net income, marking the third straight year its payout exceeded its profit.
Icahn Enterprises yields near 30% but lost money every year from 2021 to 2025 and has already slashed its quarterly payout from $2.00 to $0.50.
Dow halved its dividend yet still failed to cover it from operating cash in 2025, posting a $2.6B net loss the same year.
Building a portfolio and living off one are two completely different skills, and almost **** ody teaches the second. This problem is what The Definitive Guide to Retirement Income helps, and it is free today. Read more here. (Sponsor)
Pfizer (NYSE:PFE) paid $9.771 billion in dividends in 2025 and earned net income of $7.746 billion. That was the third straight year the payout ran ahead of profit. When this repeats year after year, it is company policy. A high yield lasts only as long as the cash behind it does.
#year #pfizer #only
Icahn Enterprises yields near 30% but lost money every year from 2021 to 2025 and has already slashed its quarterly payout from $2.00 to $0.50.
Dow halved its dividend yet still failed to cover it from operating cash in 2025, posting a $2.6B net loss the same year.
Building a portfolio and living off one are two completely different skills, and almost **** ody teaches the second. This problem is what The Definitive Guide to Retirement Income helps, and it is free today. Read more here. (Sponsor)
Pfizer (NYSE:PFE) paid $9.771 billion in dividends in 2025 and earned net income of $7.746 billion. That was the third straight year the payout ran ahead of profit. When this repeats year after year, it is company policy. A high yield lasts only as long as the cash behind it does.
#year #pfizer #only
22 days ago
Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below.
U.S. Treasury Secretary Scott Bessent isn't known for holding back at the podium. His remarks have made headlines, and some economists seem to have had enough.
Nobel Prize-winning economist Paul Krugman argued (1) on Substack that Bessent's recent comments evoke another fiery speaker, former Iraqi Minister of Foreign Affairs Muhammad Saeed Al-Sahhaf — known more prominently in the West as "Baghdad Bob."
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
A single line on your car insurance policy could be inflating your premium by up to 30% — here's what to change
#scott
U.S. Treasury Secretary Scott Bessent isn't known for holding back at the podium. His remarks have made headlines, and some economists seem to have had enough.
Nobel Prize-winning economist Paul Krugman argued (1) on Substack that Bessent's recent comments evoke another fiery speaker, former Iraqi Minister of Foreign Affairs Muhammad Saeed Al-Sahhaf — known more prominently in the West as "Baghdad Bob."
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
A single line on your car insurance policy could be inflating your premium by up to 30% — here's what to change
#scott
22 days ago
Bessent's $6 billion buybacks left yields nearly unchanged against a $32 trillion market, prompting him to admit he can't set the equilibrium price.
The 10-year yield hit a 12-month high of 5.31%, dragging 30-year fixed mortgage rates near their 52-week high of 7.60%.
Cramer says bonds, not oil, reveal the long-term truth, making the daily 10-year yield close more important than Bessent's policy promises.
Read More: Learn 7 ways to generate income with a $1,000,000+ portfolio (sponsor)
Jim Cramer said on Mad Money October 5, 2026: "Treasury Secretary Bessent basically copped to not being able to stop a bond market slide with his meager multibillion dollar bond buys. He's plugging the dike with a finger, and it's got $31 trillion in Treasuries behind it.", according to Mad Money w/ Jim Cramer
#year #money #market #learn
The 10-year yield hit a 12-month high of 5.31%, dragging 30-year fixed mortgage rates near their 52-week high of 7.60%.
Cramer says bonds, not oil, reveal the long-term truth, making the daily 10-year yield close more important than Bessent's policy promises.
Read More: Learn 7 ways to generate income with a $1,000,000+ portfolio (sponsor)
Jim Cramer said on Mad Money October 5, 2026: "Treasury Secretary Bessent basically copped to not being able to stop a bond market slide with his meager multibillion dollar bond buys. He's plugging the dike with a finger, and it's got $31 trillion in Treasuries behind it.", according to Mad Money w/ Jim Cramer
#year #money #market #learn
22 days ago
Famed "Big Short" investor Michael Burry isn't letting go of his bearish views towards Wall Street.
"The stock market is quite obviously in its first stage of grief, denial," Burry recently wrote on X. "Per 2000 and 2008, this stage lasts 6-9 months."
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake. Here's what it is and 3 simple steps to fix it ASAP
A single line on your car insurance policy could be inflating your premium by up to 30% — here's what to change
#burry #short #wall #jeff
"The stock market is quite obviously in its first stage of grief, denial," Burry recently wrote on X. "Per 2000 and 2008, this stage lasts 6-9 months."
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake. Here's what it is and 3 simple steps to fix it ASAP
A single line on your car insurance policy could be inflating your premium by up to 30% — here's what to change
#burry #short #wall #jeff
22 days ago
The US economy is stacking up wins, even if it doesn't feel that way for many households because of the resurgence in inflation.
The economy has now posted 78 consecutive months of expansion, the sixth-longest business cycle since 1854, per new ***** ysis from The Kobeissi Letter. This is well above the long-term average of 49 months and the median of 38 months.
By comparison, the longest period for the US economy without a recession was between 2009 and 2020, at 128 months. The record of course was broken by the aftershocks of the COVID-19 pandemic, which ground the economy to a halt.
Read more: Scaramucci: Lots of Americans 'feel left out of the system'
"Unconventional monetary policy, historically large budget deficits, alongside the AI investment boom, appear to be extending the duration of business cycles. The data says the US economy is remarkably strong," The Kobeissi Letter team said.
Meanwhile, the US economy is nearing an impressive achievement on the unemployment front.
The US unemployment rate is nearing a record number of consecutive months below 5%, Truist chief strategist Keith Lerner said in a note on Monday. The longtime record dates back to the mid-1960s.
#letter #consecutive
The economy has now posted 78 consecutive months of expansion, the sixth-longest business cycle since 1854, per new ***** ysis from The Kobeissi Letter. This is well above the long-term average of 49 months and the median of 38 months.
By comparison, the longest period for the US economy without a recession was between 2009 and 2020, at 128 months. The record of course was broken by the aftershocks of the COVID-19 pandemic, which ground the economy to a halt.
Read more: Scaramucci: Lots of Americans 'feel left out of the system'
"Unconventional monetary policy, historically large budget deficits, alongside the AI investment boom, appear to be extending the duration of business cycles. The data says the US economy is remarkably strong," The Kobeissi Letter team said.
Meanwhile, the US economy is nearing an impressive achievement on the unemployment front.
The US unemployment rate is nearing a record number of consecutive months below 5%, Truist chief strategist Keith Lerner said in a note on Monday. The longtime record dates back to the mid-1960s.
#letter #consecutive
22 days ago
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#cookies
23 days ago
Treasury Secretary Scott Bessent has expressed no regret about daring financial markets to bet against his currency and bond market interventions.
"The house doesn't win every hand," Bessent told Axios. "The house plays percentages."
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
A single line on your car insurance policy could be inflating your premium by up to 30% — here's what to change
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake. Here's what it is and 3 simple steps to fix it ASAP
#ramsey
"The house doesn't win every hand," Bessent told Axios. "The house plays percentages."
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
A single line on your car insurance policy could be inflating your premium by up to 30% — here's what to change
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake. Here's what it is and 3 simple steps to fix it ASAP
#ramsey
23 days ago
One-time trillionaire Elon Musk is known for his bombastic behavior and predictions. At one point in early 2012, he proclaimed that Tesla would be entirely self-funded.
"Tesla does not need to ever raise another funding round," Musk said in February 2012 in response to a question on the company's financial position and the speed at which it was burning through cash. He relayed robust confidence in managing Tesla's self-funded future at the time.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
A single line on your car insurance policy could be inflating your premium by up to 30% — here's what to change
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake. Here's what it is and 3 simple steps to fix it ASAP
#tesla
"Tesla does not need to ever raise another funding round," Musk said in February 2012 in response to a question on the company's financial position and the speed at which it was burning through cash. He relayed robust confidence in managing Tesla's self-funded future at the time.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
A single line on your car insurance policy could be inflating your premium by up to 30% — here's what to change
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake. Here's what it is and 3 simple steps to fix it ASAP
#tesla
23 days ago
Apple (NASDAQ: AAPL) is recognized as one of the world's most elite businesses. And as a result of its success, investors have profited immensely. The consumer discretionary stock has soared 1,070% in the past decade (as of Oct. 2).
But the company's capital allocation policy also favors investors in another minor way, one that brings in an income stream. Here's how many Apple shares you'd need to make $10,000 in yearly dividends.
Missed AI's "Act 1"? Act 2 Could Be 14x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005. But according to our ****** ysts, we're only at the end of "Act 1"—the R&D phase. "Act 2" is the global rollout. Continue »
Apple currently pays a dividend that totals $1.08 per share on an annual basis. This means that investors would need to own 9,259 shares to generate $10,000 in yearly income. At the current stock price of $331.22, investors must fork over almost $3.1 million to buy enough shares.
Clearly, Apple isn't a compelling dividend stock. Its dividend yield is extremely low at 0.32%. However, the payout has grown by 89% in the past 10 years.
#investors #Stock #income #yearly
But the company's capital allocation policy also favors investors in another minor way, one that brings in an income stream. Here's how many Apple shares you'd need to make $10,000 in yearly dividends.
Missed AI's "Act 1"? Act 2 Could Be 14x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005. But according to our ****** ysts, we're only at the end of "Act 1"—the R&D phase. "Act 2" is the global rollout. Continue »
Apple currently pays a dividend that totals $1.08 per share on an annual basis. This means that investors would need to own 9,259 shares to generate $10,000 in yearly income. At the current stock price of $331.22, investors must fork over almost $3.1 million to buy enough shares.
Clearly, Apple isn't a compelling dividend stock. Its dividend yield is extremely low at 0.32%. However, the payout has grown by 89% in the past 10 years.
#investors #Stock #income #yearly
24 days ago
The OpenAI CEO sought to distinguish his policy stance from rival developer Anthropic.
OpenAI CEO Sam Altman argued in an exclusive interview with Decoded by POLITICO that AI’s benefits justify accepting some risks. | Heather Diehl/Getty Images
10/05/2026 05:55 AM GMT+9
OpenAI CEO Sam Altman said there remains a fundamental difference in worldview between his company and rival Anthropic on artificial intelligence regulation, arguing in an exclusive interview with Decoded by POLITICO that the technology’s benefits justify accepting some risks — and that AI should remain broadly accessible to the public.
#anthropic #decoded #benefits #justify
OpenAI CEO Sam Altman argued in an exclusive interview with Decoded by POLITICO that AI’s benefits justify accepting some risks. | Heather Diehl/Getty Images
10/05/2026 05:55 AM GMT+9
OpenAI CEO Sam Altman said there remains a fundamental difference in worldview between his company and rival Anthropic on artificial intelligence regulation, arguing in an exclusive interview with Decoded by POLITICO that the technology’s benefits justify accepting some risks — and that AI should remain broadly accessible to the public.
#anthropic #decoded #benefits #justify
25 days ago
The Hōlei Sea Arch stood for more than 550 years and was formed from lava rock. The arch sustained numerous cracks and damage over the years, and collapsed sometime between Sept. 23 and Sept. 27, 2026, during Hawai'i Volcanoes National Park's closure for Hurricane Nolo.
THE TAKEAWAY
The iconic Hōlei Sea Arch, which stood for more than 500 years in Hawai'i Volcanoes National Park, collapsed into the Pacific during what has been a tumultuous hurricane season for Hawaii.
According to Hawai'i Volcanoes National Park, the famous lava rock arch was still standing on Sept. 23 before the national park closed ahead of Hurricane Nolo's impacts near the Big Island, but by Sunday, Sept. 27, when the park reopened, the arch collapsed.
HAWAII’S CORAL REEFS HAVE THEIR OWN INSURANCE POLICY — AND IT COULD HELP SAVE THEM AFTER DISASTER STRIKES
#sept #park #hurricane #years
THE TAKEAWAY
The iconic Hōlei Sea Arch, which stood for more than 500 years in Hawai'i Volcanoes National Park, collapsed into the Pacific during what has been a tumultuous hurricane season for Hawaii.
According to Hawai'i Volcanoes National Park, the famous lava rock arch was still standing on Sept. 23 before the national park closed ahead of Hurricane Nolo's impacts near the Big Island, but by Sunday, Sept. 27, when the park reopened, the arch collapsed.
HAWAII’S CORAL REEFS HAVE THEIR OWN INSURANCE POLICY — AND IT COULD HELP SAVE THEM AFTER DISASTER STRIKES
#sept #park #hurricane #years
26 days ago
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#personal
27 days ago
WASHINGTON (AP) — The Supreme Court on Thursday agreed to review a Trump administration policy denying bond hearings for immigrants as the government carries out a sweeping crackdown.
The justices will consider whether immigrants who have been living in the U.S. have a right to a hearing to determine if they should remain detained while challenging their possible deportation.
The case will test a key pillar of the Trump administration's hard-line immigration agenda.
Most appeals courts to have considered the issue have found that it violates federal law to detain immigrants, including those living in the U.S. illegally, without a bond hearing. Those decisions conflict with rulings by the 5th and 8th circuits, which held that immigrants accused of illegally entering and remaining in the U.S. must be detained while their deportation cases are pending.
The high court agreed to hear the case of Ricardo Aparecido Barbosa da Cunha, a citizen of Brazil. Authorities say he entered the United States illegally two decades ago and applied for asylum in 2016. He sought a bond hearing after an immigration judge determined that his detention was mandatory following his September 2025 arrest.
#Trump
The justices will consider whether immigrants who have been living in the U.S. have a right to a hearing to determine if they should remain detained while challenging their possible deportation.
The case will test a key pillar of the Trump administration's hard-line immigration agenda.
Most appeals courts to have considered the issue have found that it violates federal law to detain immigrants, including those living in the U.S. illegally, without a bond hearing. Those decisions conflict with rulings by the 5th and 8th circuits, which held that immigrants accused of illegally entering and remaining in the U.S. must be detained while their deportation cases are pending.
The high court agreed to hear the case of Ricardo Aparecido Barbosa da Cunha, a citizen of Brazil. Authorities say he entered the United States illegally two decades ago and applied for asylum in 2016. He sought a bond hearing after an immigration judge determined that his detention was mandatory following his September 2025 arrest.
#Trump
29 days ago
By Andrew Chung
Sept 29 (Reuters) - The US Supreme Court on Tuesday let President Donald Trump's administration resume deporting migrants to countries other than their own without offering them the chance to show the harms they may face, bolstering a tool his administration has used for rapid expulsions as part of his immigration crackdown.
The court granted the Justice Department's emergency request to put on hold Boston-based US District Judge Brian Murphy's ruling that the Department of Homeland Security's policy to remove migrants to so-called third countries is unlawful. The court also agreed to hear arguments in the dispute in December, with a formal ruling on the policy to follow.
The court has a 6-3 conservative majority. Its three liberal justices dissented from the decision to let the deportations immediately resume pending the final outcome of the litigation.
Murphy's ruling came in a class-action lawsuit filed by immigrant rights groups on behalf of migrants seeking to prevent the US government from sending them to third countries without notice and a chance to **** ert the harms they could face.
#migrants #chance #harms
Sept 29 (Reuters) - The US Supreme Court on Tuesday let President Donald Trump's administration resume deporting migrants to countries other than their own without offering them the chance to show the harms they may face, bolstering a tool his administration has used for rapid expulsions as part of his immigration crackdown.
The court granted the Justice Department's emergency request to put on hold Boston-based US District Judge Brian Murphy's ruling that the Department of Homeland Security's policy to remove migrants to so-called third countries is unlawful. The court also agreed to hear arguments in the dispute in December, with a formal ruling on the policy to follow.
The court has a 6-3 conservative majority. Its three liberal justices dissented from the decision to let the deportations immediately resume pending the final outcome of the litigation.
Murphy's ruling came in a class-action lawsuit filed by immigrant rights groups on behalf of migrants seeking to prevent the US government from sending them to third countries without notice and a chance to **** ert the harms they could face.
#migrants #chance #harms
1 month ago
On August 6, Aflac (NYSE:AFL) reported second-quarter numbers that point in opposite directions. Net earnings climbed to $825 million, helped along by investment losses that shrank to $153 million from $421 million a year ago. Adjusted earnings, though, fell 7.7% to $883 million. Both numbers are real, but they answer different questions. Which measure you trust changes the story, so here is what sits underneath.
Start with the yen, because it is muddying the picture. The average rate was 159.45 to the dollar, 9.3% weaker than a year earlier, and that cost adjusted earnings $0.05 a share. Take the currency out of the first half and adjusted earnings per share rose 4.1% to $3.57. ******* an is also running more profitably. Its pretax adjusted margin widened to 34.3% from 32.0% as claims took a smaller bite out of premiums, and yen-based pretax adjusted earnings rose 3.4%. So part of the decline in ******* an's dollar-reported profit is currency, not operations.
The US business is still growing at the top line. Net earned premiums rose 2.3% to $1.5 billion, and sales climbed 2.6% to $349 million, led by group voluntary benefits along with dental and vision plans. In ******* an, the refreshed Tsumitasu life policy and the new Anshin Palette medical product grew strongly in the quarter, and first-half sales rose 7.0% to ¥37.3 billion. Then there is the cash. Aflac returned $1.3 billion to shareholders in the quarter, $983 million of it through buybacks, and declared a $0.61 third-quarter dividend, payable September 1 to holders of record on August 19, 2026. Management notes 43 straight years of dividend increases through 2025 and says the board is on a path to extend that in 2026.
The catch is that ******* an's profit gains came from lower claims, not a bigger business. Net earned premiums in yen fell 3.7%, mainly because of a new external reinsurance deal and older limited-pay policies reaching paid-up status. Premium persistency, the share of policies customers keep, slipped to 92.7% from 93.7%. ******* an's pretax adjusted earnings still fell 2.1% once currency is stripped out, and new sales dipped 5.6% in the quarter against a tough comparison for the Miraito cancer product, which launched in March 2025.
The US segment has its own soft spot. Pretax adjusted earnings fell 4.6% to $370 million, and the margin narrowed to 20.9% from 22.5% as claims and benefits took a bigger share of premiums. Corporate and Other swung to a $10 million pretax adjusted loss from a $20 million gain a year earlier, with interest expense up 21.6% to $62 million. And adjusted book value per share, excluding foreign currency remeasurement, slid to $41.22 at June 30 from $42.97 a year earlier.
#earnings #fell
Start with the yen, because it is muddying the picture. The average rate was 159.45 to the dollar, 9.3% weaker than a year earlier, and that cost adjusted earnings $0.05 a share. Take the currency out of the first half and adjusted earnings per share rose 4.1% to $3.57. ******* an is also running more profitably. Its pretax adjusted margin widened to 34.3% from 32.0% as claims took a smaller bite out of premiums, and yen-based pretax adjusted earnings rose 3.4%. So part of the decline in ******* an's dollar-reported profit is currency, not operations.
The US business is still growing at the top line. Net earned premiums rose 2.3% to $1.5 billion, and sales climbed 2.6% to $349 million, led by group voluntary benefits along with dental and vision plans. In ******* an, the refreshed Tsumitasu life policy and the new Anshin Palette medical product grew strongly in the quarter, and first-half sales rose 7.0% to ¥37.3 billion. Then there is the cash. Aflac returned $1.3 billion to shareholders in the quarter, $983 million of it through buybacks, and declared a $0.61 third-quarter dividend, payable September 1 to holders of record on August 19, 2026. Management notes 43 straight years of dividend increases through 2025 and says the board is on a path to extend that in 2026.
The catch is that ******* an's profit gains came from lower claims, not a bigger business. Net earned premiums in yen fell 3.7%, mainly because of a new external reinsurance deal and older limited-pay policies reaching paid-up status. Premium persistency, the share of policies customers keep, slipped to 92.7% from 93.7%. ******* an's pretax adjusted earnings still fell 2.1% once currency is stripped out, and new sales dipped 5.6% in the quarter against a tough comparison for the Miraito cancer product, which launched in March 2025.
The US segment has its own soft spot. Pretax adjusted earnings fell 4.6% to $370 million, and the margin narrowed to 20.9% from 22.5% as claims and benefits took a bigger share of premiums. Corporate and Other swung to a $10 million pretax adjusted loss from a $20 million gain a year earlier, with interest expense up 21.6% to $62 million. And adjusted book value per share, excluding foreign currency remeasurement, slid to $41.22 at June 30 from $42.97 a year earlier.
#earnings #fell
1 month ago
Shell plc (NYSE:SHEL) is a global group of energy and petrochemical companies with a presence in over 70 countries. The stock has delivered gains of over 23% since the beginning of 2026 and even hit its all-time high earlier in March, driven primarily by soaring oil prices and solid earnings amid supply disruptions in the Middle East.
Following a slight pullback over the last few months, Shell has started to regain momentum, and Morgan Stanley expects the rally to continue. On September 3, the investment bank upgraded SHEL from 'Equal Weight' to 'Overweight', while also raising its price target from $81.60 to $101.30. The target boost implies an upside of 9% from the current levels and even exceeds Shell's previous record high of almost $95 per share achieved earlier this year.
Morgan Stanley noted that the concerns surrounding Shell's long-term resource longevity have now eased, with the company now positioned to sustain production growth through 2030 and stabilize output thereafter. The ******* yst firm believes that while the stock has been weighed down due to its dividend policy, there is now "potential for a significant acceleration. As a result, Morgan Stanley promoted SHEL to top-pick status.
Shell completed the acquisition of ARC Resources earlier this month, addressing the resource-depletion concerns that have weighed down its valuation. The $16.4 billion deal has significantly expanded the energy giant's gas reserves and will boost its production by 370,000 boed. Additionally, the strategic move expands Shell's exposure to the North American gas market and bolsters its position in a region that is emerging as a key player in the global LNG supply.
Shell's recent upstream investments provide further support to Morgan Stanley's bullish thesis. The company announced earlier this month that it had agreed to acquire a 30% interest in BP's Conifer exploration prospect in the US Gulf, and a 50% stake in the Tupinamba exploration block in Brazil's Santos Basin. Additionally, it also recently signed a preliminary agreement for the acquisition of production rights over Ghana's South Deepwater Tano Cape Three Points oil and gas block.
#shel #production #energy #Stock
Following a slight pullback over the last few months, Shell has started to regain momentum, and Morgan Stanley expects the rally to continue. On September 3, the investment bank upgraded SHEL from 'Equal Weight' to 'Overweight', while also raising its price target from $81.60 to $101.30. The target boost implies an upside of 9% from the current levels and even exceeds Shell's previous record high of almost $95 per share achieved earlier this year.
Morgan Stanley noted that the concerns surrounding Shell's long-term resource longevity have now eased, with the company now positioned to sustain production growth through 2030 and stabilize output thereafter. The ******* yst firm believes that while the stock has been weighed down due to its dividend policy, there is now "potential for a significant acceleration. As a result, Morgan Stanley promoted SHEL to top-pick status.
Shell completed the acquisition of ARC Resources earlier this month, addressing the resource-depletion concerns that have weighed down its valuation. The $16.4 billion deal has significantly expanded the energy giant's gas reserves and will boost its production by 370,000 boed. Additionally, the strategic move expands Shell's exposure to the North American gas market and bolsters its position in a region that is emerging as a key player in the global LNG supply.
Shell's recent upstream investments provide further support to Morgan Stanley's bullish thesis. The company announced earlier this month that it had agreed to acquire a 30% interest in BP's Conifer exploration prospect in the US Gulf, and a 50% stake in the Tupinamba exploration block in Brazil's Santos Basin. Additionally, it also recently signed a preliminary agreement for the acquisition of production rights over Ghana's South Deepwater Tano Cape Three Points oil and gas block.
#shel #production #energy #Stock
1 month ago
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Losing your job at age 60 is difficult enough. Losing it when you've saved practically nothing for retirement can turn the next few years into a financial scramble.
Consider George, a single man from Little Rock, Ark., who found himself in that position after losing his job in a company restructuring. At 60, he was still two years away from being eligible to claim Social Security and five years away from Medicare eligibility — with little retirement savings to fall back on.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
A single line on your car insurance policy could be inflating your premium by up to 30% — here's what to change
#single
Losing your job at age 60 is difficult enough. Losing it when you've saved practically nothing for retirement can turn the next few years into a financial scramble.
Consider George, a single man from Little Rock, Ark., who found himself in that position after losing his job in a company restructuring. At 60, he was still two years away from being eligible to claim Social Security and five years away from Medicare eligibility — with little retirement savings to fall back on.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
A single line on your car insurance policy could be inflating your premium by up to 30% — here's what to change
#single
1 month ago
Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below.
The Social Security trust fund is projected to be depleted by the end of 2032 — at which point benefits could be automatically cut by as much as 22% on average, according to the 2026 Trustees Report (1) put out by the Social Security Administration (SSA).
Now, two Democrat lawmakers have proposed a solution that would not only avoid the cut but also boost benefits for some older Americans on the program.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
A single line on your car insurance policy could be inflating your premium by up to 30% — here's what to change
#Social #benefits #democrat
The Social Security trust fund is projected to be depleted by the end of 2032 — at which point benefits could be automatically cut by as much as 22% on average, according to the 2026 Trustees Report (1) put out by the Social Security Administration (SSA).
Now, two Democrat lawmakers have proposed a solution that would not only avoid the cut but also boost benefits for some older Americans on the program.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
A single line on your car insurance policy could be inflating your premium by up to 30% — here's what to change
#Social #benefits #democrat
