Travis Hoium: Yeah, Jon, this seems like one of the things where AI doesn’t necessarily spill over to Main Street. When I take my kids to sports, AI is not something that generally comes up, but now it’s starting to spill into things that we spend money on. When you go to buy the next…
On July 6, Bitcoin dropped more than 2% after Strategy — a corporate buyer of Bitcoin — disclosed in a regulatory filing (1) that it had sold about $216 million worth of the cryptocurrency. That’s the second time this year the company has sold some of its Bitcoin reserves — a complete reversal of its…
In a closely contested presidential election in Colombia, controversial far-right candidate Abelardo de la Espriella emerged victorious. After an official recount, his opponent, left-wing senator Ivan Cepeda, conceded defeat. This was a hard-fought campaign which split the community, sparking much controversy across Colombia. While debate rages over De la Espriella’s policies and ascension to power,…
Retirees are turning to financial advisers, many for the first time, after navigating their saving years on their own. About a quarter of retirees who have never worked with a financial adviser are now on board, double the number from five years ago. “Retirees increasingly have lump sum savings from retirement plans that they need…
As much as U.S. President Donald Trump and Chinese Paramount Leader Xi Jinping work to ease historical tensions (1), our two nations remain locked in a perpetual neck-and-neck power struggle in a number of arenas (2), AI being chief among them. But, to some, it seems like China may be playing dirty when it comes…
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Elon Musk publicly reversed his earlier view of Anthropic on Thursday, saying he was “clearly wrong” to doubt the AI company and pledging not to use SpaceXAI’s compute leverage to harm a competitor. Musk Calls Anthropic Current AI…
Wall Street is looking for follow-through on the AI trade heading into earnings season next week. The S&P 500 (GSPC) gained less than 1% last week. The Nasdaq (IXIC) whipsawed back and forth, with semiconductors at the center of that trade. “The moves have been probably pretty frenetic,” T. Rowe Price portfolio manager Tony Wang…
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Wells Fargo & Company will release earnings for its second quarter before the opening bell on Tuesday, July 14. Analysts expect the bank to report quarterly earnings of $1.71 per share. That’s up from $1.60 per share in…
According to average rates from the Zillow lender marketplace, the current 30-year fixed rate fell by 3 basis points to 6.44%, the 15-year fixed rate fell by 9 basis points to 5.82%, and the 5/1 ARM fell by 3 basis points to 6.43%. Read more: Weekly survey of mortgage lenders with the lowest rates: Rates…
Find out how much you could earn by locking in a high CD rate today. The Federal Reserve cut its federal funds rate three times in 2025. So far in 2026, the Fed has left interest rates alone, and so now could be your last chance to lock in a competitive CD rate before rates…
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