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The Education Department has begun notifying some student loan borrowers who had applied for income-driven repayment plans that, due to a calculation error, they must now reapply again for the same repayment plan. The request potentially jeopardizes their access to affordable monthly payments and may temporarily pause their ability to…
ToplineA further decline in SpaceX shares on Monday cut Elon Musk’s net worth by more than $20 billion, lowering his fortune below the $700 billion threshold for the first time since December, as Musk falls further from his trillionaire status.Key FactsShares of SpaceX dropped 4.8% to around $109.50 as of…
The latest report from the Bureau of Labor Statistics showed that the Consumer Price Index declined by 0.4% in June 2026, signaling that inflation is slowing. But this doesn’t necessarily make it a good time to buy a car, house, appliance, furniture set or vacation. Lower inflation means prices are…
The merger between Paramount Skydance and Warner Bros. Discovery suffered a setback—a federal judge put a temporary pause on the $110 billion acquisition just one week after twelve states sued Paramount over the deal, arguing it was unlawful and would “create a media behemoth” that would damage both audiences and…
Future rules multiple Billboard charts this week, a feat he has accomplished many times throughout his career. The rapper is both incredibly prolific and immensely popular, and whenever he releases a project, it is all but certain to score a notable debut across a variety of tallies — and it…
All the arguments for and against rent control miss this little fact. The wealthiest sometimes really like the arrangement when they get to benefit from it, and don’t own apartment buildings where the regulations put financial constraints on them.The original article from the Wall Street Journal (here’s a gift link…
During my decades-long campaign in the high-stakes world of energy trading and utility operations, I’ve seen two very different types of “battlefields.” The first is the one I entered as a young leader—a Darwinian, “survival of the fittest” environment where individuals competed fiercely for personal gain, and information was not…
In today’s world, where information is at our fingertips and artificial intelligence (AI) headlines dominate the financial press, it’s easy to wonder: Do high net worth individuals still need a human financial advisor? The answer, as revealed in the 2026 Value of an Advisor Study from Russel Investments, is a…
Avengers: Doomsday is going to be quite the experiment, assembling a brand new crew of Avengers that have to band together to take on Doctor Doom, possibly the most powerful foe they’ve faced, depending on what level of “God Emperor” he’s at.This set of Avengers is just a bit…underpowered. But…
During my decades-long campaign in the high-stakes world of energy trading and utility operations, I’ve seen two very different types of “battlefields.” The first is the one I entered as a young leader—a Darwinian, “survival of the fittest” environment where individuals competed fiercely for personal gain, and information was not…
Double-digit tariffs are back, and retailers are once again scrambling to keep tariff-imposed price increases from customers. New tariffs couldn’t come at a worse time. Nearly 60% of voters say the cost of living is the worse they have ever experienced, according to a Politico poll among 2,000 registered voters.…
Long-term care costs are rising even as families struggle to keep up with increases in their ordinary living expenses, making it tougher than ever to save for personal care needs in old age. That combination is raising interest in public long-term care insurance. But what would a public program cost?…
ToplineJulie Felss Masino, the CEO of Cracker Barrel who presided over a logo change that was slammed by loyal customers, conservative commentators and even President Donald Trump, will step down effective next month, the company said Monday, though it did not give a reason for her departure.TimelineNov. 1, 2023Masino, previously…
During my decades-long campaign in the high-stakes world of energy trading and utility operations, I’ve seen two very different types of “battlefields.” The first is the one I entered as a young leader—a Darwinian, “survival of the fittest” environment where individuals competed fiercely for personal gain, and information was not…
After proving themselves to be one of metal’s most eclectic bands on their daring 2023 LP, Life Is But a Dream…, Avenged Sevenfold’s latest EP STATICA, hasn’t been met with the same nuanced reaction from fans. Last week the Southern California metal band surprise released a brand new four track,…
Leonard Tannenbaum’s newest venture was supposed to be a sure thing. In 2020, after selling his previous company, Fifth Street, under a cloud of investor litigation and an SEC settlement, the veteran financier recast himself as a pioneering lender to underbanked cannabis firms. Weed was booming as Americans sat out…
ToplineLuxury goods mogul Bernard Arnault made his first ever post on social media Monday morning to amplify a three-page letter he addressed to leadership at Le Monde after the French newspaper—largely owned by his son-in-law—published a six-part expose about the billionaire and tensions among his potential heirs as a succession…
During my decades-long campaign in the high-stakes world of energy trading and utility operations, I’ve seen two very different types of “battlefields.” The first is the one I entered as a young leader—a Darwinian, “survival of the fittest” environment where individuals competed fiercely for personal gain, and information was not…
It’s no secret that gasoline prices at the pump are higher in California than any other state in the U.S. and have been so for many years. The daily publications of gas prices by state from sources like AAA and GasBuddy clearly show this for anyone who takes time to…
The Education Department has started sending mass notices to student loan borrowers in the SAVE plan, giving them 90 days to move to a different repayment plan. If they don’t act within that timeframe, the notice warns, their student loans will be placed in a Standard plan.“You must now select…
Worrying about money can feel like an isolating, individual problem. However, many people struggle with it. Recent research by Edward Jones and Gallup found that 32% of Americans feel constant financial stress, 51% feel financially conflicted — secure in some areas but insecure in others — while only 16% are…
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