Key Takeaways Core retail sales rose 4.2% year-over-year in May, according to the National Retail Federation, which shared its estimates ahead of the government’s scheduled retail sales release next week. Spending growth has slowed, but the trade group warned that consumer spending is shifting amid economic uncertainty. Retailers are trying to suss out how their […]

The states with the cheapest 30-year refinance rates Thursday were New York, California, Florida, Colorado, Connecticut, Texas, and Washington. These low-rate states registered refi averages between 6.87% and 6.98%. Meanwhile, the states with Thursday’s most expensive 30-year refinance rates were West Virginia, New Hampshire, North Dakota, Kentucky, Hawaii, Wyoming, South Dakota, Rhode Island, Montana, and

Mykail James is not ashamed to call herself a “recovering overspender.” The Washington, D.C.-based financial educator, who also goes by “the boujie budgeter” online, says she used to spend too much money on splurges like concert tickets and clothing. But today, she has her spending under control thanks to a set of rules she follows.

In late 2023, the European Union finalized its Artificial Intelligence Act, the world’s first comprehensive law governing corporate AI use. The EU AI Act, which takes full effect by August 2026, applies to any company operating in Europe or serving EU consumers, including U.S. tech giants and startups with overseas customers. As AI usage becomes

Polkadot is shaking up the crypto world. Should you get in while the price is less than $5 per digital coin? The Polkadot (DOT -4.87%) cryptocurrency is going through some pretty exciting changes these days. The Web3 Foundation’s official crypto coin is becoming a distributed supercomputer, ready to provide a wide variety of apps and

Key Takeaways The S&P 500 added 0.4% on Thursday, June 12, 2025, after a report showed that wholesale inflation was cooler than expected in May. Oracle projected robust revenue growth in its cloud infrastructure segment, and the software giant’s shares notched the top performance in the S&P 500. Boeing shares declined after one of the

Mortgage rates didn’t do much this week, continuing to hover around 7%. The average rate for a 30-year fixed-rate mortgage fell just one basis point to 6.94% for the week ending June 12, according to rates provided to NerdWallet by Zillow. A basis point is one one-hundredth of a percentage point. This is unsurprising —

Key Takeaways The U.S. dollar slid to its lowest level since March 2022 on Thursday, putting the benchmark dollar index on track to post its worst first half since that year. The dollar’s steep decline has led some market watchers to speculate that the greenback is losing its role as the global reserve currency and

Key Takeaways Oracle shares soared Thursday after the enterprise software giant’s quarterly results and sales outlook sailed past Wall Street expectations.  The stock staged a breakaway gap to a new all-time high on heavy trading volume. Bars pattern analysis forecasts a potential upside price target of $275 and indicates the trend could last until mid

Image source: The Motley Fool. DATE Thursday, June 12, 2025 at 5 p.m. ET CALL PARTICIPANTS Chairman, President, and Chief Executive Officer — Shantanu Narayen President, Digital Media Business — David Wadhwani President, Digital Experience Business and Worldwide Field Operations — Anil Chakravarthy Executive Vice President and Chief Financial Officer — Dan Durn Need a