What to make of this week’s action in the stock market and the ‘Great Rotation’
Also: Surprising data on home prices; combining your investments with your politics; and a retirement account mistake you can avoid. Source link...
MARKET
‘I’m having panic attacks’: My ex-husband emptied our joint bank accounts, hacked into my email and stole my life savings. Do I have any recourse?
“I’m working with the fund manager, as I found some emails where he pretended to be me on some forged documents.” Source link...
S&P 500’s turbulent week ends with stocks rallying after inflation report
U.S. stocks rebounded Friday after a turbulent week for the S&P 500. Source link...
Ackman’s Pershing Square USA says IPO is still happening, despite NYSE delay notice
The timeline for the initial public offering of billionaire investor Bill Ackman’s new investment fund Pershing Square USA appeared to get a bit hazier on Friday, according to the New York Stock Exchange — though the fund claimed it was...
Why Zelle scams worry lawmakers so much — and how they could hurt you
Victims of Zelle fraud are entitled to more reimbursement than they’re getting, lawmakers say. Source link...
Why Charter’s stock had its best day on record after its earnings report
Charter lost fewer internet subscribers than expected in the second quarter, though subscriber losses in its video business were steeper than what analysts were modeling. Source link...
Why CrowdStrike is likely shielded from billions in customer losses caused by its outage
The outage is believed to have caused $5.4 billion in losses for big enterprises — but various factors help insulate the cybersecurity company. Source link...
Some of the most popular trades of 2024 are coming undone after reaching ‘stupid’ levels
The selloff in U.S. semiconductor and megacap stocks has sucked up most of investors’ attention over the past couple of weeks. But they aren’t the only momentum trades that have stopped working. Source link...
The No. 1 enemy of your 401(k) plan may be you
Here’s the truth about the portfolio strategy you might be following. Source link...
Paris Olympics offer a reset for sponsors after years of troubled games
The Paris Summer Olympics could mark a reset for major sponsors after years of games held against the backdrop of geopolitical issues and the COVID-19 pandemic, according to branding expert Jim Andrews. Source link...
