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JPMorgan is becoming more cautious on QUALCOMM Incorporated (QCOM) ahead of its upcoming earnings report, citing rising pressure in its core handset business. At the same time, newer growth areas are not yet large enough to offset that weakness. Here’s JPMorgan’s message to Qualcomm investors: JPMorgan flags rising earnings risk ahead On April 16, JPMorgan […]

In my decade of reporting on mortgage rates, I’ve witnessed Americans’ interest in buying a home wilt every time rates inch up. Considering Freddie Mac’s reported mortgage rates increased for five straight weeks in March and April, potential homebuyers have probably felt discouraged, to say the least. But Freddie Mac mortgage rates actually decreased last

As the Strait of Hormuz gets unblocked, Greenland returns to the spotlight. Greenland’s government has approved the transfer of its remaining 50.5% interest in the Tanbreez deposit to Critical Metals, bringing the New York-based company’s total ownership to 92.5%. The Tanbreez rare-earth deposit is one of the world’s largest known rare-earths projects and was eyed

There was a years-long period when Target was synonymous with fun.  The retailer carved out a unique position in the market by blending affordability with style and making routine shopping trips anything but. A big reason Costco has remained so popular despite the fact that members have to pay a fee to get in the

Barbecue has become America’s national food, even though the definition of the cuisine varies from state to state. There’s no consensus on the best American barbecue, and people will fight over dry versus wet, cooking techniques, and whether white sauce deserves a place at the table. “Barbecue, not apple pie, is the most truly American

The distilled spirits industry faced a challenging year in 2025, as spirits supplier sales declined by 2.2% to $36.4 billion, according to the Distilled Spirits Council of the United States. The decline in sales has led to distillery closings and bankruptcy filings in certain cases. Industry leaders, however, put on a brave face, despite a drop

Cathie Wood, head of Ark Investment Management, was relatively quiet this week, even as the S&P 500 rallied about 4.5% over the past five days. Wood made no trades on Tuesday, April 14, and Wednesday, April 15, and sold some shares of two medical stocks on Monday, April 13, and Thursday, April 16. But on

The sooner the Iran War ends, the sooner the Federal Reserve can consider cutting interest rates — something the central bank and traders had expected at the beginning of the year. Fed officials have been preaching caution about the impact of oil spikes, inflation and tariffs on the U.S. economy since the conflict began at

The Strait of Hormuz just got a little less scary. Gold liked what it heard. Spot gold rose approximately 1.0% to $4,838.50 an ounce on April 17 after Iran’s foreign ministry declared the Strait “completely open for the remaining period of ceasefire” for all commercial vessels, according to BullionVault. U.S. gold futures settled 1.5% higher

San Francisco is facing growing pressure from businesses as they step away from the city.  Once the center of the tech boom, the city is seeing a steady wave of companies scaling back or leaving altogether, driven by high costs, shifting workplace dynamics, and a struggling office market. From Pfizer, which recently closed its research