U.S. stocks rose after oil prices fell again, and SpaceX soared in its highly anticipated debut on Wall Street. The S&P 500 rose 0.5% Friday. The Dow added 0.7%, and the Nasdaq composite gained 0.3%. Stocks got a lift from a 3.4% drop for Brent crude oil’s price, as hopes remain for a potential U.S.-Iran […]
SpaceX opens at $162 in blockbuster Nasdaq debut
SpaceX shares opened at $150 on Friday before rising to $162, marking a strong start to one of the most closely watched stock market debuts in recent years. The aerospace and satellite internet company priced its initial public offering at $135 per share on Thursday. SpaceX sold 555.6 million shares, raising $75 billion in what […]
College sticker prices top $100,000 at 16 schools for 2026-27
People walk by Duke Chapel on the campus of Duke University in Durham, North Carolina, U.S. Jim R. Bounds | Bloomberg | Getty Images The yearly cost of attendance at over a dozen colleges is now six figures, after factoring in tuition, fees, room and board, books, transportation and other expenses. For the 2026-27 academic year, 16 institutions […]
Stocks Pop on SpaceX IPO, Hormuz Peace Plan: Stock Market Today
The main equity indexes were mixed this morning, ahead of the debut of Elon Musk’s SpaceX as a publicly traded company. The size and the scope of it were not sufficient to cover the market’s questions about the war in the Middle East, inflation and simpler things such as seasonality. Indeed, the biggest initial public […]
How I Went to the French Open Using Points
When most people think about using travel rewards, the obvious answer is for flights and hotels. And that’s not wrong—those are often where loyalty currencies can stretch furthest. However, on a recent trip to Paris, I used my points to do something a little different: get into one of the most coveted sporting events in […]
Brent Oil Drops Below $90 as the U.S. Closes in on a Peace Deal With Iran. What it Means for Oil Stocks.
The price of Brent oil, the global benchmark, slumped nearly 4% on Friday, closing at $86.88 per barrel. At one point, Brent touched its lowest point since early March. It fell 7.7% for the week, which is the third weekly decline in the past four weeks. Driving the decline were reports that the U.S. and […]
Stock Market Volatility Rocks Bitcoin, Threatening $60K Support
Key takeaways: Surging oil prices and rising producer inflation have pushed traders to price in a stricter US Fed monetary policy. Massive spot Bitcoin ETF outflows in June show the cryptocurrency is currently failing to act as a stock market hedge. The Nasdaq 100 Index dropped 7.5% in the seven days leading up to Wednesday, […]
How to Protect Your Children from Identity Theft
You’re probably familiar with what you can do to protect yourself from identity theft. But this recent hack of Instructure & Canvas by ShinyHunters highlighted how important it is that I protect my children from identity theft. It’s less common because minors can’t enter into the same financial contracts as adults. A minor can’t open […]
Sky Proposal Seeks To Double USDC PSM Buffer To $800M
TL;DR BA Labs has proposed doubling key LITE-PSM-USDC-A parameters in the Sky stablecoin system from 400 million to 800 million. The proposal says USDC reserves stand at 4.13 billion, up 108% since the last recalibration in October 2024. The change would raise daily refresh capacity to 1.6 billion and total serving capacity to 2.4 billion, […]
SpaceX Is Skyrocketing on Its IPO Day — Is the Stock a Buy Right Now?
SpaceX (NASDAQ: spcx) stock has had its hotly anticipated initial public offering (IPO), and the company’s share price is seeing strong bullish momentum out of the gate. The stock was up 23% from the fixed IPO price set by the company as of 3:10 p.m. ET on Friday. At the same point in the daily […]
Pandemic car shortages are still pushing up new and used car prices
The shockwaves of the Covid-19 pandemic are still hitting the U.S. car market and pushing prices up, even for exceptionally old cars. The pandemic dealt a severe blow to the total supply of new cars, which has rippled down to the used market. About 8 million vehicles that would have been made for U.S. buyers […]
Stock Market Today: Dow Climbs 400 Points On Iran Deal Hopes; SpaceX Rockets Higher (Live Coverage)
Stock Market Today: The Dow Jones index rose Friday on U.S.-Iran peace deal hopes. SpaceX stock jumps on its debut and satellite name plunges. Source link
VanEck bets BNB’s real-world usage can stand out in a crowded crypto ETF market
Latest developments: VanEck recently launched the first U.S. spot BNB ETF, trading under the ticker VBNB on Nasdaq. The fund gives investors exposure to BNB through traditional brokerage accounts. VanEck Director of Digital Assets Product Kyle DaCruz said the firm focuses on blockchains with measurable adoption rather than purely technical promises. The ETF has attracted […]
Social Security COLA for 2027 may be 4.7% amid inflation: Estimate
A customer shops for produce in an H-E-B grocery store on May 11, 2026 in Austin, Texas. Brandon Bell | Getty Images Consumer prices rose in May, pushing the annual inflation rate to its highest level in three years, according to new government data. That points to a 4.7% Social Security COLA for 2027, according […]
5 Steps to Build Your Advisory Firm’s Community Outreach
Growth can become a numbers game fast. More campaigns, more touches, more spend. But one adviser we work with sees it differently: Your firm can grow when you’re known by your community rather than just your clients. That’s the tension many firms face. You want to scale, but you don’t want to lose the human […]
Calculator: How Long Until You Reach Trillionaire Status?
Chris Davis writes for NerdWallet. Email: cdavis@nerdwallet.com. The article Calculator: How Long Until You Reach Trillionaire Status? originally appeared on NerdWallet. Source link
Why Charles Schwab Stock Was Bumping Higher Today
Charles Schwab (SCHW +2.94%) was having a fine Friday on the stock market. The company released its latest set of monthly metrics, and investors clearly found them encouraging. These folks were trading the storied brokerage’s stock up by 2.6% in mid-afternoon action, edging past the 1.8% increase of the S&P 500 index at that point. […]
SpaceX IPO: Whale Opens $22.3M SPCX Long as Synthetic Price Hits 30% premium
SpaceX’s IPO is already spilling into crypto markets, where one whale has opened a $22.3 million leveraged long on SPCX, a synthetic pre-IPO perpetual contract tied to Elon Musk’s aerospace company. Key takeaways: The whale is already sitting on more than $1.15 million in unrealized profit. Synthetic SPCX is trading near $175, roughly 30% above […]
Kraken Named Crypto Exchange Supporter Of FIFA World Cup 2026
TL;DR Kraken says it has become the Official Crypto Exchange Supporter of the FIFA World Cup 2026. The tournament expands to 48 teams and 104 matches across 16 host cities in Canada, Mexico, and the United States. Kraken says the partnership is designed to drive crypto adoption, education, and brand awareness among global football fans. […]
Should I Switch Bank Accounts? [Calculator]
Jim Wang is a forty-something father of four who is a frequent contributor to Forbes and Vanguard’s Blog. He has also been fortunate to have appeared in the New York Times, Baltimore Sun, Entrepreneur, and Marketplace Money. Jim has a B.S. in Computer Science and Economics from Carnegie Mellon University, an M.S. in Information Technology […]