May CPI rose 4.2% year over year, with vehicle repair and used car prices climbing, pressuring insurers' profitability. U.S. inflation reached 4.2% in May, the highest in three years, driven partly by elevated vehicle repair costs and used car prices. Repair and maintenanc
Schwab U.S. Dividend Equity ETF's concentration exceeds peers by 12 points, raising questions about diversification for investors. Schwab U.S. Dividend Equity ETF (SCHD) now holds 42 percent of its $71.6 billion portfolio in just 10 stocks, significantly above the roughly
Zevia appoints Alexandre Ruberti as CEO and updates Q2 guidance, expecting net sales at the high end of its $43m-$45m range. Zevia has named Alexandre Ruberti as its new president and CEO, effective immediately. Ruberti, a board member since 2024 and former Red Bull execut
Average 30-year fixed mortgage rates fell 4 basis points to 6.31% on June 16, 2026, while 20-year rates climbed 9 basis points. Average 30-year fixed mortgage rates declined 4 basis points to 6.31% on June 16, 2026, while 15-year fixed rates also dropped 4 basis points to
SpaceX's (SPCX) market debut turned into a record retail buying event, with individual investors buying more of the stock on day one than they did in Coinbase (COIN), Uber (UBER), Arm (ARM), or Airbnb (ABNB), according to data from Vanda Research tracking major IPOs since 2018.</
Nearly 50% of large US employers now offer IVF benefits, but awareness gaps may leave workers paying thousands unnecessarily. Half of large US employers now include IVF coverage in benefits packages, up from 22% in 2019. Despite this growth, many employees remain unaware o
If You Invest $1,000 in the Vanguard S&P 500 ETF Right Now, Here's What History Says It Could Be Worth in 20 Years Investing is one of the best ways to create long-term wealth. And while past performance doesn't guarantee future returns, the market as a whole has always ma
Canadian wine producer Andrew Peller sells to Fairfax Financial at a 41% premium to its June 12 closing share price. Fairfax Financial will acquire Canadian wine producer Andrew Peller in an all-cash transaction valuing the company at C$579m ($413.8m). The deal offers C$8
Pet retailer Chewy reports 7.7% year-over-year sales growth, driven by 200,000 new customers and a $165 billion industry tailwind. Chewy (NYSE: CHWY) posted a 7.7% year-over-year sales increase in its latest quarter, fueled by over 200,000 net customer additions. The compa
Iran outlines key points for nuclear discussions Iran has outlined the key points for upcoming nuclear talks, including enrichment and stockpile levels. The country possesses highly-enriched uranium, with purity levels of up to 60%. The US is demanding a ha
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