The S&P 500, which tracks the 500 largest U.S. companies on the market, is the stock market’s most important index. It’s become the benchmark for measuring stock and exchange-traded fund (ETF) performance locally and abroad. Unfortunately, even the S&P 500 isn’t immune to high volatility, as we’ve seen in the days following President Donald Trump’s […]
Sen. Elizabeth Warren, D-Mass., conducts a news conference in the U.S. Capitol to voice opposition to the Senate Republicans’ budget resolution on April 3, 2025. Tom Williams | CQ-Roll Call, Inc. | Getty Images Dozens of Democratic lawmakers are warning that President Donald Trump’s tariff-heavy trade agenda is quickly starting to resemble a “corrupt scheme
Trump tariffs inviting corruption, Democrats tell Bessent, Lutnick monthlywealthstream Read More »
Sometimes a tax deduction is just plain weird. Here is a roundup of weird and legal tax deductions. Will you be deducting any of these on your next return? Key Takeaways Some tax deductions are weird and unusual but legal. They are legitimate deductions that fall under medical expenses, business expenses, and moving expenses. So
The Weirdest (and Legal) Tax Deductions monthlywealthstream Read More »
Eli Lilly on Thursday said its daily obesity pill met the company’s goals in the first of several late-stage trials, helping patients with Type 2 diabetes lower their blood sugar and body weight and showing safety comparable with popular injections on the market. The trial results are among the pharmaceutical industry’s most closely watched studies
Key Takeaways The nation-leading CD rate dropped from 4.65% to 4.60% today. Vibrant Credit Union and T Bank offer that APY for 6-month terms. Two more terms have lost ground so far this week. Yesterday saw the best offers in the 2- and 5-year terms drop from 4.40% to 4.28%. Both are available from Lafayette
Top CD Rates Today, April 16, 2025 monthlywealthstream Read More »
Then U.S. President-elect Donald Trump and Italian Prime Minister Giorgia Meloni at Mar-a-Lago in Palm Beach, Florida, on Jan. 4, 2025. Italian Government | Reuters Italian Prime Minister Giorgia Meloni is set to meet U.S. President Donald Trump on Thursday amid a tense trade standoff with the European Union over tariffs. Meloni’s visit to Washington
Italy’s Giorgia Meloni to meet Trump amid trade standoff with Europe monthlywealthstream Read More »
My wife and I bought a new car last month. It turns out we were not alone. That was made apparent by the crowds at the dealership where we bought our hybrid hatchback on March 30, and confirmed by a new report on retail sales figures for March. Advance estimates of March retail sales released
America (and I) Went on a Pre-Tariff Splurge in March monthlywealthstream Read More »
The BP logo is displayed outside a petrol station that also offers electric vehicle recharging, on Feb. 27, 2025, in Somerset, England. Anna Barclay | Getty Images News | Getty Images Oil giant BP is bracing itself for a shareholder backlash at its annual general meeting (AGM) on Thursday, with a chorus of disgruntled investors
Oil giant faces shareholder revolt over green strategy U-turn monthlywealthstream Read More »
Key Takeaways Netflix options pricing suggests traders are expecting the stock to move approximately 8.5% up or down after the streaming giant reports first-quarter earnings on Thursday. According to a JPMorgan analysis of the S&P 500’s largest stocks and their post-earnings moves, Netflix has been one of the most volatile stocks in the group over
A motorcycle is seen near a building of the Taiwan Semiconductor Manufacturing Company (TSMC), which is a Taiwanese multinational semiconductor contract manufacturing and design company, in Hsinchu, Taiwan, on April 16, 2025. Daniel Ceng | Anadolu | Getty Images Taiwan Semiconductor Manufacturing Company on Thursday beat profit expectations for the first quarter, thanks to a