Banking on Survival It’s been a brutal year for bank stocks, but Goldman Sachs and Wells Fargo might just weather the storm. The two financial giants have businesses that are largely insulated from the major headwinds hitting the industry. What’s

Continue ReadingBank Stocks Get Clobbered, But These 2 Should Survive

Oil Prices Surge, Stocks Suffer The S&P 500 just suffered its first three-week losing streak in roughly a year, and it’s no surprise why. The Iran war-driven surge in oil prices has investors running for cover. It’s not exactly a

Continue ReadingStocks Slammed: Iran War Fears Tank Markets

Panic at the Pump Oil prices just skyrocketed past $100 a barrel, and it’s not like investors were expecting a picnic. Attacks on shipping traffic and energy infrastructure in the Persian Gulf are to blame. It’s a mess, and it

Continue ReadingOil Prices Go Haywire

JPMorgan’s About-Face JPMorgan Chase is abruptly reining in lending to private credit firms, and it’s not hard to see why. The bank’s move comes after it marked down software loans, a clear sign it wants to sidestep potential trouble. Getting

Continue ReadingJPMorgan Slams Brakes on Shady Software Loans

Rip-Off Alert Get ready to shell out even more cash at the pump: gas prices in SoCal are predicted to hit $5 a gallon by this weekend. And if that’s not bad enough, experts are warning that prices could soar

Continue ReadingSoCal Gas Prices Set to Skyrocket

Markets Get Mixed Signals Oil prices shot through the $80 per barrel mark overnight, with Brent futures surging 3.54% to last trade at $84.31. It’s a move that’s left many wondering what’s next. Wall Street’s losses didn’t help, and now

Continue ReadingOil Prices Go Wild, Markets Left Scratching Heads

Markets in Free Fall South Korea’s Kospi index took a beating, dropping 8% as the Middle East war escalates. It’s not just Korea – most Asia-Pacific markets are set to open lower on Wednesday, extending a selloff that’s got investors

Continue ReadingKospi Plunges 8%: Middle East War Wreaks Havoc on Markets

Big Money Move Jeffrey Cheah’s Sunway Healthcare is set to raise a whopping $736 million from its initial public offering (IPO). It’s a bold move, and the company won’t be using the cash to pay off debts or line executives’

Continue ReadingMalaysian Billionaire’s Healthcare Empire Goes Public

Mortgage Rates Take a Dip It’s been years, but U.S. mortgage rates have finally fallen below 6%. That’s right, the days of sky-high rates might be behind us. But don’t get too excited – it’s not like the Trump administration’s

Continue ReadingMortgage Rates Finally Dip Below 6%

Bad News for Active Managers Only 38% of actively managed mutual funds and exchange-traded funds beat their passive counterparts last year, a drop from 42% in 2024. That’s according to a Morningstar report that’s got to be a real kick

Continue ReadingActive Managers Can’t Keep Up