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Another epochal hurricane blew up the Gulf Coast Sunday with a storm surge so substantial, the Mississippi River in southeastern Louisiana reversed course and flowed north. America’s...
A funny thing happened on the road to soaring internet rates ... Lower interest rates. Yes, it’s true. Despite extraordinarily hot readings on inflation ... news that the COVID-19 recession...
Remember the “Powell Pivot,” the recent move by the Federal Reserve I said not to worry about? Well, it sure slipped Wall Street’s mind. Stocks got over it quickly, with both the S&P 500 Index...
Where’d you go, good old Uncle Jay? That’s what Wall Street was left asking after Federal Reserve Chair Jerome Powell threw markets for a loop with his post-Federal Open Market Committee (FOMC)...
Is it time to start thinking about buying fewer Treasurys and mortgage bonds? Or raising interest rates at some point during the Biden administration’s first term? Wall Street anxiously awaits...
The biggest tech platforms are using their vast ecosystems to bludgeon the competition … and they are only getting started. On Monday, managers at Apple, Inc. (Nasdaq: AAPL) announced that Apple...
On Saturday, I told you about “Your Next Best Bet in Energy.” Since then, the price of oil has gone up … and up! In fact, this week saw oil prices settle at their highest level in seven weeks,...
The “hive mind” is science fiction utopia — a smart system that connects absolutely everything … even items previously believed to be fundamentally disconnected. But the kicker is that the...
As I sat down to write this piece, a segment about the launch of a new cruise line ran on television. Yes, a cruise line ... Called Virgin Voyages and backed by British billionaire Richard...
The race to self-driving cars is heating up, and for the first time in years, many believe Tesla, Inc. (Nasdaq: TSLA) may not get there first. Part of the reason for that is Honda Motor Co.,...