Cryptocurrencies
Costco stock price shocks market despite major blowout quarter
Costco (COST) just put up one of the cleanest quarters in retail, but the stock fell anyway. The retail giant set fresh records at the gas pump, leaned on a fast-growing online business, and kept Read more…
Cryptocurrencies
Elizabeth Warren revives her ‘two cents’ tax on the ultra-rich
Two cents is the kind of number nobody argues about. It is the change you leave in a tip jar, the rounding on a gas receipt, the coin most people would not bend down to Read more…
Cryptocurrencies
Social Security deadline just moved closer: Why one expert warns 2032 is the real danger zone
The projected depletion of Social Security’s retirement trust fund around 2032 is no longer a distant concern. In an interview, Jason Fichtner, executive director of the Retirement Income Institute at LIMRA, said policymakers are running Read more…
Cryptocurrencies
Microsoft reveals strange new plan for users
Every major technology company building AI assistants right now is trying to solve the same problem: How do you make people use the product every day? Most of them describe that goal in the language Read more…
Cryptocurrencies
Citi blindsides cardholders by killing credit card
The Citi Custom Cash Card built a devoted following across nearly five years by offering something few competitors in the cash-back space had ever attempted. It automatically rewards cardholders based on their monthly spending patterns, Read more…
Cryptocurrencies
Why American Express is moving its HQ to 2 World Trade Center
American Express (AXP) owes much of its recent success to a new and lucrative market — Millennials and Generation Z. The financial services giant has always been known as a high-quality company that caters to Read more…
Cryptocurrencies
Cramer flags 2 major winners from AI ‘game changer’ Mythos
If you’ve spent any time around cybersecurity professionals, you’ve heard some version of this warning: it’s not a matter of if, but when. For years, that felt like industry boilerplate. Then Anthropic’s Mythos arrived, and Read more…
Cryptocurrencies
Citi gives reality check to stock investors worried about inflation
Inflation remains above the Federal Reserve‘s 2% target, but one Wall Street firm says today’s price pressures look very different from the inflation spikes that rattled markets in recent years. The consumer price index jumped Read more…
Cryptocurrencies
Goldman Sachs delivers clear message on interest rate cuts
Wall Street is booming, but Goldman Sachs isn’t convinced that lower interest rates are around the corner. In an interview with CNBC, Goldman Sachs COO John Waldron reiterated the bank’s view that the Federal Reserve Read more…