For 44 years this investor held aces in the long-bond game. He just folded.
Lacy Hunt’s about-face on long-term Treasurys marks the end of an era. Here’s what it means for your money.
Lacy Hunt’s about-face on long-term Treasurys marks the end of an era. Here’s what it means for your money.
Key Findings A capital allowanceA capital allowance is the amount of capital investment costs, or money directed towards a company’s long-term growth, a business can deduct each year from its revenue via depreciation. These are also sometimes referred to as depreciation allowances. is the amount of capital investment costs a business can deduct from its…
SpaceX celebrates their IPO at the Nasdaq on June 12th, 2026. Adam Jeffery | CNBC SpaceX‘s stock gained 3% on Tuesday, snapping a seven-day losing streak after setting its maiden earnings report, which coincides with a major share lock-up expiration. Elon Musk‘s aerospace and defense contractor on Monday announced Aug. 4 as its debut earnings…
On a monthly basis, American consumer confidence edged up 1.9 points from June 2026. However, on a year-over-year basis, the US recorded a significant decline of 2.8 points compared to July 2025; one of the more notable annual drops among developed markets tracked in the survey. That annual softening places the US alongside Great Britain…
Here’s a health condition you’ve probably never heard of. Yet there’s nearly a 90% chance you already have some form of it. It’s called cardiovascular-kidney-metabolic syndrome, or CKM for short. And as of last month, it’s not a fuzzy medical idea anymore. It’s official. On June 9, four of the biggest names in medicine —…
The Ford Foundation, The Hershey Trust, and The Hormel Foundation are just some of the charitable organizations created by company founders or shareholders of major corporations. There are others that don’t include company names. Right now, Warren Buffett, the former CEO of Berkshire Hathaway (BRKA 0.52%)(BRKB 0.56%), is funding his children’s charitable organizations by donating…
Royal Caribbean ships will continue to skip stops in Haiti through mid-2027. The cruise line extended its pause on calls to Labadee, its private destination on Haiti’s northern coast, through June 2027 amid ongoing violence in the Caribbean island country. Royal Caribbean had previously suspended stops there through December 2026. “This decision was made with…