Quick Read - A $6,500/month retirement lifestyle requires roughly $92,000 in gross portfolio withdrawals annually after taxes and healthcare costs, pushing the withdrawal rate to 5%. - Adding $15,000 in part-time income drops portfolio withdrawals to the mid-4% range, protecting...</stron
Federal confirmation of New World screwworm cases in Texas raises fears over livestock disruptions and potential beef price volatility. Federal officials confirmed multiple cases of New World screwworm in Texas, marking the first U.S. outbreak since 2016. The parasitic fly
There's something interesting going on in the stock market. The S&P 500 is hitting record high after record high, but of the 500 companies in the index, only about 20 are actually trading at their own all-time highs The high-flying AI-linked megacaps -- companies li
Analysts highlight concerns over SpaceX's $1.77 trillion valuation goal despite $18.7 billion revenue in 2025. SpaceX, valued at $1.25 trillion after merging with Elon Musk’s xAI, plans one of the largest IPOs in history. The company reported $18.7 billion in revenue for 2
A tax-avoidance tactic lets billionaires borrow against assets to defer taxes until death, sparking criticism from U.S. senators. The 'buy, borrow, die' strategy allows wealthy individuals to accumulate assets, borrow against them, and defer taxes until death. This method
Super Micro Computer Inc (NASDAQ:SMCI) shares tumbled more than 17% after the company announced $7 billion in equity and equity-linked financing transactions aimed at funding component purchases to fulfill a surge in AI server orders. The server maker said it has received
Applied Materials and peers reach record highs as analysts raise price targets amid sustained AI-related semiconductor demand. Semiconductor equipment stocks surged to all-time highs Wednesday, led by Applied Materials (AMAT), as robust demand for advanced chip gear persis
Kroger and Costco both want to use cheap gas to get customers to their stores because gas prices have reached a tipping point that has impacted consumer spending. With gas prices averaging more than $4 per gallon, BMO Capital Markets Senior Economist Sal Guatieri explained
Federally regulated prediction market Kalshi reports $1 billion notional volume for its crypto derivatives product since launch. Kalshi, a federally regulated prediction market platform, announced its crypto derivatives product surpassed $1 billion in notional volume less
On June 3, semiconductor giant Broadcom posted extremely strong operating results for its fiscal second quarter, but management's sales guidance came in lighter than Wall Street's expectations. This sparked a sell-off of practically every semiconductor stock, but those wit
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