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Cathie Wood, chief of Ark Investment Management, is known for making bold bets on fast-moving tech stocks. Sometimes her trades move just as quickly as the stocks themselves. In the week that began on May 3, Wood sold millions of dollars worth of shares in one high-flying AI company near recent highs, only to turn […]

Convenience store chains face many of the same challenges as grocery store chains and other retailers, trying to solve financial issues caused by the rising cost of products and labor driven by inflation. Those minimarket chains that also sell gasoline are suffering from an additional problem that many are working to solve: the lack of

Millions of Americans file for Social Security benefits as soon as they become eligible, often assuming the decision is irreversible once monthly payments begin. That belief can carry lasting consequences because claiming early permanently reduces the size of future checks compared with waiting until full retirement age or later.  Most retired workers still choose to

Gold had its best year since 1979 in 2025. It set 53 new all-time highs along the way. It crossed $5,000 for the first time in history before peaking at $5,589.38 on January 28, 2026. By any measure, that is a historic run. Jim Cramer is not chasing it. And on May 7, he said

If you had Blue Cross Blue Shieldhealth insurance at any point between 2008 and 2020, a payout from one of the largest private antitrust settlements in American history may already have your name on it. The $2.67 billion resolution stems from a class-action lawsuit that accused more than 35 Blue Cross Blue Shield affiliates of

Restaurant operators face a perfect storm of rising costs and declining customer spending. “Well, we’ve seen overall labor and food costs go up 35% since the pandemic,” National Restaurant Association (NRA) Chief Economist Chad Moutray told Scripps News. “But it’s not just those costs. We’ve seen insurance and taxes and everything else go up, utility

Federal Reserve Vice Chair for SupervisionMichelle Bowman said the central bank’s own capital rules sent corporate lending from regulated banks into the $1.4 trillion private credit market, flagging a regulatory shift designed to bring some of that activity back.​ The bank share of corporate lending decreased to 29% in 2025 from 48% in 2015, Bowman

The “AI-first” era of corporate restructuring has claimed its latest high-tech workforce. On May 7, Cloudflare, Inc., sent shockwaves through the tech sector by announcing a massive reorganization plan designated to accelerate its evolution into an “agentic AI-first operating model.”  And the market response was swift and immediate, with the company’s stock down 23% on

As inflation continues to strain household budgets, more Americans are rethinking how often they dine out and even whether they eat breakfast at all. Rising grocery and restaurant prices are reshaping consumer behavior nationwide, with 27% of Americans admitting they have skipped meals to save money, according to a Credit Karma survey. That shift is creating new

Healthcare stocks have had a rough stretch. Rising medical costs, Medicaid pressure, and persistent skepticism about managed care margins have kept investors on edge all year. Walking into a CVS Health earnings report in that environment felt like bracing for bad news. The bad news, however, didn’t come. CVS Health (CVS) posted first-quarter 2026 adjusted