See how his cautious forecast could shape your next investment decisions.
When longtime money manager Bill Gross shares a market view, investors often pay attention. The co-founder of PIMCO and former manager of the $270 billion Total Return Fund recently issued a new assessment — one that leans cautiously optimistic. After decades of navigating the financial landscape, Gross now envisions what he calls a “little bull market” for stocks, even as economic uncertainty…
Stick to the basics as AI scams become more sophisticated than ever.
Scammers are utilizing artificial intelligence to establish fake relationships, create convincing replica websites, and automate intricate fraud schemes that once required entire teams. According to blockchain analytics firm Chainalysis, crypto scam revenue reached at least $9.9 billion in 2024. The total could rise to $12.4 billion once all data for the year becomes available.
As inflation fears ease and sentiment rebounds, here’s how to think about spending, saving, and planning ahead.
Consumer sentiment saw a surprise rebound in June, offering a rare flicker of optimism after half a year of decline. The University of Michigan’s preliminary reading for the month climbed to 60.5 (on a 0–100 index), up from 52.2 in May, according to MarketWatch. That result beat economists’ forecast of 54 and marked the first monthly increase since December. Even so…
Depending on when you claim, here’s what your lifetime benefits could look like.
Social Security remains a critical source of retirement income, but the program is under growing financial strain, and the likelihood of benefit cuts by 2033 is becoming more real. That uncertainty is already changing behavior, with early claiming on the rise as Americans worry about securing their share. The 2025 report from the Social Security Board of Trustees reveals that Social…
Could the ripple effects impact your health care management and costs?
Advertising Disclosure: When you buy something by clicking links within this article, we may earn a small commission, but it never affects the products or services we recommend. CVS recently announced it is retiring the Bartell Drugs brand name and converting the remaining 20 or so locations into CVS stores, according to TheStreet. This marks the end of a 135-year-old Washington institution.
From pump prices to ETFs, here’s what to watch if Shell moves forward with a takeover of its oil industry rival.
A potential megamerger between two of the world’s biggest oil companies is turning heads and moving markets. On June 25, The Wall Street Journal reported that Shell is in early-stage talks to acquire BP. BP declined to comment, while Shell told CBS News the report was “further market speculation” and said no discussions are taking place. According to CBS News, BP shares rose 10% on the news…
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