Forget the red Porsches, promiscuous escapades and questionable clothing choices. The real marker of a midlife crisis seems to be a much more serious issue that is difficult to treat, and Americans appear to deal with it more often than…
Tech stock futures were up this morning—contracts for the Nasdaq 100 were up 0.22% prior to the opening bell in New York—after a fistful of tech companies said they would increase their capital expenditures on AI, promising a vast wave…
Good morning. This week will bring big changes to the largest company in the world, Walmart Inc. Feb. 1 will mark the retirement of Doug McMillon after a remarkable tenure and Day 1 for his replacement, John Furner. But the…
Many investors regard bonds as the frumpier cousins to stocks. Their prices rarely pop or plummet. They usually deliver a lower return, and—aside from a glamorous cameo in the 1980s thriller Die Hard—they are not part of popular culture in…
As any local shop owner will tell you, running a brick-and-mortar business in the age of Amazon is an uphill battle. That’s a lesson that Amazon itself has just learned. The e-commerce giant said on Tuesday that it was closing…
The price of gold hit another new record yesterday, soaring above $5,300. It’s up an astonishing 3% this morning, as measured by the Comex continuous contract. Gold has gained 22.31%, year to date. It’s not hard to see why. Gold…
A new report by the Congressional Budget Office (CBO), released Jan. 28, provides the first comprehensive accounting of the federal government’s push to utilize military assets for domestic law enforcement. The nonpartisan analysis, in response to a request for information…
The USS Abraham Lincoln, one of the US’s 11 aircraft carriers, entered Middle Eastern waters this week after an 11-day transit from the South China Sea. Its arrival highlights Donald Trump’s escalating threats to strike Iran for the second time…
ServiceNow CEO Bill McDermott has been on a mission to persuade investors to stop thinking of his enterprise software company as a standard SaaS (software-as-a-service) business. So far, McDermott has met with skepticism from the Street, which has been fixated…
It was an earnings report that contained some stunning numbers: Microsoft reported crossing a significant $50 billion quarterly revenue milestone for its cloud business, and said its demand backlog had more than doubled, to $625 billion, with a boost from…