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 […]
Abbott declares 410th consecutive quarterly dividend
ABBOTT PARK, Ill., June 12, 2026 /PRNewswire/ — The board of directors of Abbott (NYSE: ABT) today declared a quarterly common dividend of 63 cents per share. This marks the 410th consecutive quarterly dividend to be paid by Abbott since 1924. The cash dividend is payable Aug. 17, 2026, to shareholders of record at the […]
JLL: Commercial real estate sees record lending competition in April
Key Points Global credit activity among lenders as well as overall competitiveness of loan terms reached an all-time high in April, according to JLL. The month saw strong refinance demand and large loan placements. Data centers are driving much of the activity as the massive buildout fuels the real estate industry as well as the […]
Adobe CFO Heads to a Chip Firm. It’s All You Need to Know About Software’s Downfall.
Adobe earnings beat Wall Street estimates, boosted by strong demand for AI products. It wasn’t enough for the stock. Source link
Coinbase Council Warns 7 Million BTC May Face Quantum Risk
TL;DR Coinbase’s Quantum Advisory Council says post-quantum migration planning should begin before quantum attacks become practical. The report estimates about 7 million BTC are quantum-vulnerable because public keys are exposed through legacy formats or address reuse. About 1.7 million BTC are said to sit in legacy Pay-to-Public-Key addresses, including early mined and potentially abandoned coins. […]
Kraken Adds USDCx Support On Canton Network
TL;DR Kraken says it now supports USDCx deposits and withdrawals on the Canton Network. USDCx is described as a Canton-native stablecoin backed 1:1 by USDC locked in Circle’s xReserve on Ethereum. Canton is a permissioned, privacy-enabled Layer-1 network built for regulated financial institutions and tokenized real-world assets. The move adds another exchange connection to institutional […]
Bitcoin hit bottom at $59,000 marking end to the crypto winter, says Standard Chartered analyst
The cryptocurrency market reached its definitive bottom for the currency cycle, Standard Chartered Analyst Geoffrey Kendrick said in a note on Friday. The cycle low is now locked in at $59,000 for bitcoin, a 53% drop from its Oct. 6 all-time high of $126,000, according to Kendrick. “Winter is over. Welcome back to crypto Spring, […]
Bisignano: Social Security phone helpline wait times at record low
Frank Bisignano, chief executive officer of the Internal Revenue Service (IRS), during a House Ways and Means Subcommittee on Social Security hearing in Washington, DC, US, on Wednesday, June 10, 2026. Tierney L. Cross | Bloomberg | Getty Images Social Security Administration Commissioner Frank Bisignano told Congress on Wednesday that the agency has improved one […]
How the Best Advisers Help Clients Use Their Retirement Fear
Financial advisers spend a lot of time talking about risk, whether that’s market risk, inflation, longevity, tax, sequence of returns, concentration, long-term care … The list seems endless. But clients don’t necessarily experience retirement risk as a category on a planning report. They experience it as a knot in the stomach: What if I run […]
Weekly Mortgage Rates Climb as Inflation Hits Three-Year High
Mortgage rates are up, as new data shows annual inflation has reached its highest level since 2023. The average rate on a 30-year fixed-rate mortgage rose six basis points to 6.43% APR in the week ending June 11, according to rates provided to NerdWallet by Zillow. (A basis point is one one-hundredth of a percentage […]