A Fat 13% Yield From the Russell 2000? Meet the Covered-Call Fund Betting Against Big Tech
IWMI writes covered calls against the Russell 2000 to deliver a 13% yield, giving income investors a small-cap alternative to mega-cap tech funds.
Business
Forget gasoline: Why the price surge in this under-the-radar fuel is the real threat to the U.S. economy
The U.S. announced the names of four soldiers who were killed by an Iranian drone on Sunday. The leader of the U.S. Central Command said more than 50,000 troops, 200 fighters, two aircraft carriers and bombers were part…
How are prediction markets taxed? The IRS hasn’t provided guidance yet
As prediction markets grow in popularity, traders are facing a key question: The Internal Revenue Service hasn't shared any details on how their winnings are to be taxed.
My mom has no savings, but needs assisted living. Are Social Security and Medicaid enough?
Older adults in the U.S. are sounding the alarm on their concerns about the healthcare system. The John A. Hartford Foundation reports that 56% of older adults say it is difficult and stressful to navigate the health ca…
U.S. military says it has completed the latest round of strikes against Iran, amid more disruptions to shipping
The U.S. military said early Saturday it ended a seventh straight night of strikes against Iran, as Kuwait and Bahrain reported attacks by Iranian projectiles and commercial shipping continued to face disruptions.
Meet Kimi K3, the newest Chinese AI model haunting Silicon Valley
A high bar is set for Q2 results. Plus: A sector that could surprise, what to watch in big bank earnings, and the World Cup’s effect on the US economy.
Trump says China obtained 220 million US voter files ahead of 2020 election
In a July 16 prime-time speech that warned of “shocking vulnerabilities in our election infrastructure,” President Donald Trump cast doubt on the country’s ability to hold “free and fair elections” but offered no eviden…
Does ‘token shock’ hurt AI adoption?
The "tokenmaxxing" trend has drawn scrutiny from auditors and risk officers, who are now conducting deeper reviews of how artificial intelligence tokens are consumed, not just how many are used. As enterprises grapple w…
US military says it completed latest strikes on Iran, marking 7th consecutive night of attacks
Follow updates on the war in the Middle East for Wednesday, July 15, here. See earlier developments below.
Robinhood Targets 27.6M Customers as Chain Moves Beyond Memecoin Rush
Robinhood Markets (NASDAQ: $HOOD) is trying to turn its 27.6 million funded customers into an onchain distribution advantage as Robinhood Chain moves beyond its opening burst of memecoin trading.
Cattle Continues Slide into the Weekend on Weaker Cash and Beef
Live cattle futures posted losses of 97 cents to $2.67 across most contracts on Friday. August was down $10.77 this week. Cash trade settled in at $238-240 in the north this week, with Southern trade at $237-238. Feeder…
Cotton Futures Fade into the Weekend
Cotton futures saw weakness extend to Friday, with contracts closing down 62 to 89 points on the day, with December down 291 points this week. Crude oil was up another $3.50 per barrel, with the US dollar index up 0.011.
Unexpected Strength in North American Cocoa Demand Boosts Prices
Cocoa prices settled sharply higher on Friday as short covering emerged after North American Q2 cocoa grindings unexpectedly increased. The National Confectioners Association reported late Thursday that Q2 North America…
Stocks Finish Sharply Lower as Tech Stocks Slump
The S&P 500 Index ($SPX) (SPY) on Friday closed down -1.01%, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -0.77%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -1.49%. September E-mini S&P futures (ES…
Corn Sees a Late Push to Close Near the Highs on Friday
Corn futures shrugged off the early weakness on Friday to close near the highs of the day, up 2 ¼ to 3 ½ cents across most contracts. September was 5 ¼ cents higher on the week with December up 6 1/2. The CmdtyView nati…
19 (mostly) tech stocks that have fallen at least 25% in July
Specifically, Chair Warsh said that “financial markets perform best when they react to incoming data. I think the financial markets work less efficiently when they ask a question. How will the Federal Reserve react to t…
Corn Sees a Late Push to Close Near the Highs on Friday
Corn futures shrugged off the early weakness on Friday to close near the highs of the day, up 2 ¼ to 3 ½ cents across most contracts. September was 5 ¼ cents higher on the week with December up 6 1/2. The CmdtyView nati…
Leather jacket worn by Nvidia CEO goes for just under $1 million at Sotheby's auction
Nvidia CEO Jensen Huang is rarely seen without his leather jacket. It's his signature look. He's been wearing them for nearly 20 years.
Meta and Anthropic Discuss $10B AI Infrastructure Agreement
Meta Platforms Inc. (NASDAQ: $META) is in talks to lease as much as $10 billion of computing capacity to Anthropic, opening a possible path into the AI cloud market as demand for chips and data center access continues t…
Trump rips Canada as wildfire smoke spreads, says U.S. will add pollution cost to tariffs
President Donald Trump on Friday blasted Canada for wildfires enveloping swaths of the United States in a smoky haze, and said he would add the costs of that pollution to existing tariffs.
Stock Market Today, July 17: UiPath Gains on Retail AI Partnership
UiPath (NYSE:PATH), an enterprise automation and robotic software provider, closed at $12.15, up 1.00%. The gains follow a recent retail artificial intelligence (AI) partnership, while broader technology weakness stayed…
The White House is dictating access to frontier AI models, shifting power from tech giants, sources say
The Trump administration has taken new steps to assert more control over the rollout of future artificial intelligence model releases by dictating which companies and entities are allowed access to the latest frontier m…
The World Cup–winning side will make $50 million — and the IRS gets a cut
A high bar is set for Q2 results. Plus: A sector that could surprise, what to watch in big bank earnings, and the World Cup’s effect on the US economy.
The average stock is having a moment as semiconductors struggle. It’s a sign of a healthy market.
After spending much of the past year trading comfortably above six figures and reaching a peak above $126,000 in October (1), the world's largest cryptocurrency appeared to have settled into a period of relative stabili…