Your investing expectations are more than double the reality. Here is the tough truth.

The IRS’s outside technology advisory panel called on Congress to provide stable, multiyear funding; expand the use of artificial intelligence; and simplify tax administration. It also warned that resource constraints and complexity risk undermining recent modernization gains. In its 2026 Annual Report to Congress issued Wednesday, the Electronic Tax Administration Advisory Committee outlined a broad…

The noise of SpaceX‘s (SPCX 4.51%) recent initial public offering is finally quieting down — mostly. And, in light of all the hype surrounding this name as it prepped its IPO, you may be a bit disappointed with its performance so far. Here’s how it’s fared for whom. No one’s doing great Whether or not…

The security situation in the Strait of Hormuz has returned to a “worse-case scenario” for oil tankers as Iran has repeatedly attacked ships over the past week, the CEO of a maritime risk services firm said. “We see the reduction of the volume of transits through the Strait of Hormuz and right now crews of…

Global insurers are continuing to increase their exposure to private credit, even as concerns grow over underwriting standards, default rates and valuations within the asset class, according to a report by Bloomberg citing new research from Marsh McLennan. A survey of 123 insurers found that 57% of respondents worldwide expect to increase allocations to private…

Amazon (AMZN 0.73%), the company most people file under “expensive growth stock,” trades at a lower forward price-to-earnings ratio than two old-school retailers, Walmart (WMT +1.48%) and Costco Wholesale (COST +0.33%). The forward P/E ratio, for anyone newer to this, simply measures how many dollars investors are paying today for each dollar of a company’s…

Before Walmart kicked off an effort to get AI into the hands of 2 million employees, the retail giant’s supply chain team already relied on the technology to help get products where they needed to go.  Predictive models have always had a home within the supply chain industry, Indira Uppuluri, Walmart’s SVP of supply chain…