Americans who bypass property & casualty insurance are taking a huge financial risk, experts say. The U.S. property & casualty insurance industry pays out more than $790 billion in policy benefits, according to the Treasury Read more…
Tesla’s CEO never shies from attacking his billionaire peers. Billionaire George Soros is a finance legend who has sparked a lot of absurd fantasies. He is, with Bill Gates, the co-founder of Microsoft (MSFT) – Read more…
As rates on traditional mortgages have risen, a growing number of home buyers are turning to adjustable rate loans in order to save a few dollars. But do buyers risk getting hit with significant increases Read more…
The coffee chain made a lot of changes during the pandemic and one well-loved store feature won’t be coming back. Starbucks (SBUX) – Get Free Report handled the covid pandemic as well as any chain. Read more…
Passengers should be very concerned about the message being sent by the airline’s pilots. Southwest Airlines (LUV) – Get Free Report had a high-profile meltdown that stranded tens of thousands of passengers over the holidays. Read more…
The embattled bank is seeking to regain the public’s trust — and savings. Among the list of consumer banking giants, Wells Fargo (WFC) – Get Free Report somehow always manages to stand out from the pack. Read more…
Last week, it was again confirmed that the US inflation data is the dollar’s biggest nightmare. The currency tumbled and hit a new 7-month low on Monday as investors were further convinced that the Fed Read more…
Japan’s Domestic Corporate Goods Price Index rose 0.5% m/m and 10.2% y/y in December after 0.8% m/m and 9.7% y/y. This is near the peak of 10.3% set in September. Despite lower commodity prices, prices Read more…
Wood’s flagship Ark Innovation ETF has shed 55% during the past year and 77% from its February 2021 peak. Famed investor Cathie Wood, chief executive of Ark Investment Management, continued to bulk up on one Read more…
Markets With US cash markets closed for Martin Luther King Jr. holiday, trading remained very subdued at the start of the new week. It doesn’t help either that there were no important economic data scheduled Read more…