The Dow Jones Industrial Average on Tuesday closed at the lowest level in a week, as worries about the debt ceiling negotiations in Washington outweighed data suggesting economic growth remains resilient, while yields on Treasury bills maturing between early and mid-June climbed toward 6% on Tuesday.
: Stocks returned 8% over the last decade, adjusted for inflation. Vanguard isn’t that optimistic for the next 10 years.
Even after last year’s dismal returns, stocks adjusted for inflation still posted above-average returns for the decade.
: This is the best state for military retirees — and these are the worst
Florida topped the ranking for best places to live for retired military families, followed by South Carolina and Virginia.
: Cathie Wood’s ARK loads up further on Palantir stock
Cathie Wood’s ARK Investment continued loading up on shares of Palantir on Monday, adding about $4 million worth of stock across multiple funds.
: Yelp shares rally on report that activist investor is urging sale
Yelp Inc. shares surged about 14% in after-hours trading Monday after the Wall Street Journal reported an activist investor is calling on the company to consider selling.
Dow Jones Newswires: Lifecore Biomedical stock climbs 19% on $150 million refinancing deal
Shares of Lifecore Biomedical on Monday climbed 19% to $6.40 in after-hours trading after the company said it secured a new $150 million financing agreement with its long-term customer Alcon.
The Margin: Kite surfing, ice baths and 8-mile morning runs: How some CEOs stay in shape
: Larry Ellison reportedly looks to spend about $60 million to back Tim Scott’s presidential bid
The Oracle co-founder and Republican megadonor has donated at least $30 million to a pro-Scott super PAC since 2021.
Key Words: Here’s what banks need to do to increase the number of female CEOs, this diversity expert says
Female CEOs are a rarity at America’s largest banks.
: Paramount+ and Showtime will merge June 27, and prices will rise too
Paramount+ will officially integrate with Showtime on June 27, and streaming subscribers can expect a price hike at the same time.
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