These underdogs are a big reason S&P 500 profit growth is the fastest in nearly 5 years

Ever since Big Tech went all in on artificial intelligence more than three years ago, seven companies have done the heavy lifting for overall S&P 500 earnings growth. But more recently, the other 493 names in the index have started to pull their weight.
I’m 67. Our family trust earns $300,000 annually for my kids. How do I ensure they won’t get killed on taxes?

“My thought is to distribute all of the income to my children each year so that the trust itself pays little to no tax.”
Oil prices tumble as deal to end Iran war appears close, though Trump says there’s no rush

The U.S. appears close to reaching an agreement that would end the war with Iran and reopen the strategic Strait of Hormuz, according to reports Sunday, sending oil prices sharply lower.
Is the stock market closed on Memorial Day? Does the post office deliver mail?

The holiday weekend will affect the stock and bond market. Here’s what you need to know.
More car buyers are shifting to EVs — but the reasons why are nuanced
Trade in data from Edmunds shows more car buyers are choosing EVs, as fuel prices spike. But other factors might be holding back demand.
‘My husband is leery of my plan’: We are both 60 and have $5 million. Is now a good time to dip into our savings?

“We have been scrimping for a long time.”
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Stocks are riding an earnings hot streak — but investors are facing a summer that’s rife with risks

The U.S. stock market has arrived at the unofficial start to summer with major benchmarks sitting at record highs. But a few factors could make for a bumpy ride in the months ahead.
Jeff Bezos says there is ‘no truth’ to the ‘buy borrow die’ tax strategy
The “buy, borrow, die” strategy refers to the practice of wealthy founders or investors borrowing against their assets and using the loan proceeds as income.
Kevin Warsh walks into a trap where the Fed can’t cut rates even if it wants to

Kevin Warsh is becoming Federal Reserve chair at a pivotal moment for the U.S. economy — forcing him to be something other than the disruptor he hoped to be.



