Forget gas, Costco scores a surprising sales win
Most people think of Costco as the place where members buy basic items like paper towels in bulk. They also, at least when gas prices are elevated, see the warehouse club as a place to…
Tim Cook is just one of hundreds of CEOs quietly hitting the exits
For many Americans, the term CEO is interchangeable with owner. When they think of people like Tesla CEO Elon Musk, they think of him as the owner of the company. But Musk, and all chief…
Goldman Sachs sees major shift on hedge fund chip bets
Semiconductor stocks have been among the most popular institutional trades since the AI boom reshaped Wall Street portfolios, and the momentum has continued into 2026. Data from Goldman Sachs’ prime brokerage division reveal a shift…
Starbucks brings back viral drink after 7 years, adds new item
After nearly seven years off the menu, Starbucks is reportedly bringing back one of its most requested summer beverages, signaling a notable shift in how the company balances nostalgia-driven offerings with modern menu innovation. Following…
Former Tesla AI data trainers deliver crucial message on robotaxis
Tesla (TSLA) permabull Cathie Wood is all in on Full Self-Driving (Supervised), calling it the “most impactful AI project out there” while predicting that FSD would drive Tesla to a $2,000-per-share valuation by 2027. The…
Federal reserve has a message for Americans on inflation, economy
Inflation is running at 3.8%. The Iran conflict is pushing energy prices higher. Markets have priced out rate cuts entirely through at least 2027. It would be easy to assume the Federal Reserve is preparing…
Another plane company files for bankruptcy
While the prices of jet fuel showed some modest signs of improvement at the start of the month, the difficult situation set off by the U.S.-Israeli strike on Iran has already dealt the final blow…
Goldman Sachs doubles down on oil and economy message for 2026
Three months into the Iran War, vessel traffic through the Strait of Hormuz is still running more than 90% below normal levels. Base chemicals have risen faster than at any point on record. Asian petrochemical…
How does Medicare IRMAA work?
Medicare premiums increase each year. Those recipients whose income exceeds certain thresholds may see their premiums move even higher due to the IRMAA surcharge. IRMAA stands for Income Related Monthly Adjustment Amount, according to the…
Scott Bessent pitches parents on Trump Accounts launch
The Trump administration’s signature children’s investment initiative reached a new milestone when the Trump Accounts mobile app went live on May 28, 2026. The app launched on the Apple App Store and Google Play, giving…