‘It doesn’t seem fair’: I’m retired and have plenty of money. Why can’t I qualify for a retail credit card?
“I draw from my IRA as needed for household repairs, trips and other larger expenses.”
Finance & markets
South Korean solar stocks jump as curbs on Chinese sector expected to remain in place
Shares of South Korean solar companies Hanwha Solutions and OCI Holdings jumped more than 8% on Wednesday, as U.S. restrictions on Chinese solar products came into focus ahead of the Trump-Xi summit.
CFTC says prediction markets' 'mentions' contracts present a higher risk of manipulation
The Commodity Futures Trading Commission advised some of its regulated entities on Tuesday that prediction markets' "mentions" contracts are at greater risk of manipulation.
Royal Caribbean nears $3 billion deal to take 50% equity stake in Sandals
Royal Caribbean is nearing a $3 billion deal to take a 50% equity stake in Sandals, according to a person familiar with the matter.
U.S. regulators rush to write crypto rulebook after Clarity Act stalls in Senate
State and federal regulators are rushing to fill the void in U.S. cryptocurrency regulation after the Clarity Act, a comprehensive set of proposed rules for digital assets, stalled in the Senate.
Trump administration is examining whether a diesel export ban is feasible, Treasury Secretary says
The Trump administration is looking at whether a diesel export ban would help ease record high prices for the critical fuel, Treasury Secretary Scott Bessent said Tuesday.
Chimera Investment Corp's 7.75% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock Crosses Above 10% Yield Territory
In trading on Tuesday, shares of Chimera Investment Corp's 7.75% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (Symbol: CIM.PRC) were yielding above the 10% mark based on its quarterly dividend (…
Trump endorses diesel export ban. A decision is coming ‘fast, one way or the other.’
WHAT’S HAPPENING TODAY: Good afternoon and Happy First Day of Fall! Today also marks a very special day: the official start of Fat Bear Week. If you’ve been reading Daily on Energy the last couple years, you’ll know thi…
Cattle Facing Turnaround Tuesday Pressure
Live cattle futures are slipping back on Tuesday, with contracts down $2.40 to $2.85 at midday. Cash trade has started out on the quieter side this week, with feedlots compiling showlists.
Crude Oil Prices Pressured by Diplomatic Hopes in the Middle East
October WTI crude oil (CLV26) is down -0.17 (-0.18%) today, and October RBOB gasoline (RBV26) is up +0.0673 (+1.94%).
Lennar shares pop as Berkshire builds almost a 10% stake in beleaguered homebuilder
Berkshire Hathaway has gone on a buying spree in beleaguered homebuilder Lennar, accumulating a 10% stake.
Trump made over 1,000 July stock trades worth up to $270m, filings reveal
President made more than 440 purchases and 700 sales despite voter anger over elected officials trading stocks
Dynex Capital Inc's 6.90% Series C Fix/Float Cumulative Redeemable Preferred Stock Crosses Above 9.5% Yield Territory
In trading on Tuesday, shares of Dynex Capital Inc's 6.90% Series C Fix/Float Cumulative Redeemable Preferred Stock (Symbol: DX.PRC) were yielding above the 9.5% mark based on its quarterly dividend (annualized to $2.43…
Trump administration removes around 760,000 Obamacare enrollments, alleging fraud
The Centers for Medicare and Medicaid Services said on Tuesday it canceled roughly 315,000 Affordable Care Act marketplace enrollments covering about 760,000 people last month, alleging "rampant fraud" and improper enro…
Dollar Climbs on Hawkish Fed President Collins
The dollar index (DXY00) climbed to a 7-week high today and is up by +0.10%. The dollar found support today on hawkish comments from Boston Fed President Susan Collins, who said she saw inflation remaining above 2%, sug…
Cisco stock sinks 5% after Piper Sandler cuts price target on growth concerns
Cisco stock dropped about 5% on Tuesday as Piper Sandler cut its price target for the networking equipment vendor to a share price of $125 from a prior $132.
Worthington Industries earnings beat by $0.07, revenue topped estimates
Worthington Enterprises (NYSE:WOR - Get Free Report) issued its earnings results on Tuesday. The industrial products company reported $0.82 earnings per share (EPS) for the quarter, topping analysts' consensus estimates…
Trump discloses more than 1,100 July trades, including up to $25 million each in sales of Microsoft, Amazon
President Donald Trump disclosed, in a filing released Tuesday, more than 1,100 securities transactions made on his behalf in July, including sales of as much as $25 million each of Microsoft and Amazon shares, as his s…
No new stock highs, no problem: Options traders bet they're coming in these names
S&P 500 futures are trading at all-time highs, but an aura of concern is lingering among investors trying to make sense of extremely low breadth in the U.S. stock market. On the New York Stock Exchange Tuesday, 75 stock…
Nick Clegg could make £30m windfall from datacentre startup Nscale flotation
Nick Clegg could make approximately $40m (£30m) from the planned float of Nscale as the UK-based datacentre company prepares for a US stock market listing.
Millions will lose Medicaid once new work rules kick in. These groups will be hit the hardest.
Significant changes to health care are on the horizon now that the One Big Beautiful Bill Act of 2025 (OBBBA) has been signed into law: Medicaid eligibility and financing, access to health insurance coverage through Aff…
Biolife Solutions stock hits 52-week high at $38.10
Shares of BioLife Solutions, Inc. (NASDAQ:BLFS - Get Free Report) hit a new 52-week high on Monday . The company traded as high as $38.10 and last traded at $38.10, with a volume of 1111 shares. The stock had previously…
Stocks Settle Sharply Higher as Crude Prices Plunge and Chipmakers Soar
The S&P 500 Index ($SPX) (SPY) closed up by +1.49% on Monday, the Dow Jones Industrial Average ($DOWI) (DIA) closed up by +0.71%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +2.83%. December E-mini S&P futures (ESZ…
S&P 500 Turns a Failed Breakdown Into a Breakout
Micro E-mini S&P 500 (4H) – Bearish Breakdown & Pattern SetupMarket Structure & Overview: The 4-hour chart displays a clear breakdown from a Rising Wedge / Ascending Channel structure, complemented by an ABCD harmonic s…