The August stock-market slump is a myth — so why does Wall Street keep repeating it?
More than 200 years of data show stocks typically gain in August, while market volatility sits well below average.
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Texas Heat to Challenge State Grid’s Power Demand Record
A blast of intense heat across eastern Texas is set to challenge the state grid’s all-time power demand record. Preliminary estimates from the Electric Reliability Council of Texas, or Ercot, show demand late Monday afternoon neared the 85.508 gigawatts record set in August 2023. The grid operator has forecast even higher peak loads Tuesday and…
The escalating U.S.–Iran war is rewriting the CEO playbook again
Good morning. If you thought geopolitical risk was fading from your strategic planning picture, think again. The U.S.–Iran war escalated over the weekend, and crude prices are already reacting. Here’s what leaders need to be watching. Energy prices are likely to surge again. Global oil demand is down, mainly because of China and other Asian…
Three powerful forces are draining family wealth — and your estate plan is completely unprepared
From Medicaid cuts to an IRA tax trap, here are the real threats to your family’s inheritance and what to do about them.
Your investing expectations are more than double the reality. Here is the tough truth.
Long-term real returns above 10% annualized are exceedingly rare.
Moldova’s parliament elects 44-year-old businessman investor Vasile Tofan as prime minister
Moldova’s pro-Western parliament elected businessman and investor Vasile Tofan as prime minister on Tuesday, entrusting a political newcomer with advancing the former Soviet republic’s bid to join the European Union. Tofan, 44, who is backed by President Maia Sandu and her Party of Action and Solidarity (PAS), was elected by 53 to 21, with 21 abstentions in…
Rare-Disease Families Can Now Invest In Biotech Gene Therapy
A grandfather playing with his grandson in a wheelchair due to a genetic disability of Pitt-Hopkins syndrome . getty In drug development, patients are the people a therapy is for. They enroll, they wait, they hope. What they almost never do is own a stake in the company racing to treat them. Yael Weiss built…
