Defense spending just got a massive upgrade. On Wednesday, NATO made its boldest financial commitment in years: a pledge to raise annual defense and security spending to 5% of GDP by 2035.
401(k) giant Empower is exploring ways to add private equity and credit investments to select retirement plans, an idea that has critics like Senator Elizabeth Warren fuming.
The SPAC craze flamed out hard. But four years (and one ETF bloodbath) later, they might be creeping back.
Stocks ended the week in the red as Middle East tensions flared, a flight to safety took hold, and oil lit a fire under markets. Despite early-week optimism, Friday鈥檚 missile exchanges between Israel and Iran sparked a sharp selloff.
Just as Boeing was getting back to cruising speed, a tragic crash brought new turbulence. An Air India Boeing 787 Dreamliner crashed shortly after takeoff yesterday morning, killing 241 of the 242 people onboard.
Apple鈥檚 annual developer conference kicks off today in Cupertino. It鈥檚 the company鈥檚 go-to stage for unveiling new software, hardware, and the occasional curveball. This year, the spotlight is on AI.
Just when it looked like we were headed for a drama-free week, the White House鈥檚 billionaire bromance came to a crashing halt. And things got ugly fast.
Revenue? Less than $5 million. Profits? Nope. The only known catalyst is insider buying from CEO Yat-Gai Au back in March.
The race to dominate America鈥檚 roads鈥攚ithout a driver鈥攈as officially shifted into high gear.
With Treasury yields over 5%, the appeal is obvious: low-risk income, tax advantages, and a big dose of simplicity.
What do you get when Ray Dalio sounds the alarm, lawmakers toss fiscal discipline out the window, and the national debt nears $37 trillion? A downgrade no one asked for鈥攁nd 5% yields no one can ignore.
Every quarter, fund managers with over $100M in assets are required to disclose their stock holdings via a Form 13F. Bill Ackman just disclosed a huge new position in Uber, now 18.5% of his portfolio.
