21.1% of seniors seeking reverse mortgages in 2025 faced monthly budget deficits, up from 12.2% a year earlier. Demand for reverse mortgages among seniors has climbed as financial pressures mount, particularly after health crises. Data from a nonprofit financial counseling
Javice convicted of defrauding JPMorgan Chase Charlie Javice was convicted of defrauding JPMorgan Chase after selling her company for $175 million. Javice founded a startup called Frank that JPMorgan acquired in 2021. Frank had claimed more than 4 million c
Oracle reported Q4 revenue of $19.18 billion and cloud growth of 47%, but margin concerns triggered a sell-off in its stock. Oracle’s stock declined after the company posted Q4 fiscal 2026 results, despite a 21% year-over-year revenue increase to $19.18 billion, beating th
Still awaiting a deal signing. As a confounding factor Israel has attacked Beirut and are awaiting retaliatory attacks from Iran Checking in on early FX, some small negative sentiment only: Still awaiting a deal signing. As a confounding factor Israel has attacked B
"You're hitting tank bottom." That is the phrase one oil industry executive used to describe the state of global petroleum inventories, in a conversation the executive said had already been shared with senior officials in Washington. The same person gave it an unusually sp
DoorDash reported Q1 2026 revenue of $4.0 billion, up 33% year-over-year, fueled by ad platform expansion and retail partnerships. DoorDash Inc. (NASDAQ:DASH) posted a 33% year-over-year revenue increase to $4.0 billion in Q1 2026, driven by growth in its ad business and r
Sea Limited’s e-commerce unit Shopee reported 4.0 billion gross orders and $37.3 billion GMV in Q1 2026, driving revenue growth. Sea Limited’s Shopee delivered 4.0 billion gross orders in Q1 2026, a 29.3% year-over-year increase, while gross merchandise value (GMV) rose 30
Target reports 8.9% digital sales growth in Q1, driven by same-day delivery expansion and advertising revenue strength. Target Corporation posted a 6.7% year-over-year increase in first-quarter net sales to $25.4 billion, with comparable sales up 5.6%. Digital comparable s
GLBE expands logistics capabilities and merchant base with Passport deal, targeting $100 million revenue by 2026. Global-e Online Ltd. (NASDAQ:GLBE) agreed to acquire Passport Global Inc. for $350 million in cash and shares, with up to $75 million in contingent payments. T
When you're retired, you don't just get a paycheck. You must make decisions about withdrawing money from retirement plans to provide yourself with income Unfortunately, the choices can have far-reaching and sometimes surprising effects. Let's pretend, for example, t
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