Investing

Investing
Investing

Scott Bessent pitches parents on Trump Accounts launch

The Trump administration’s signature children’s investment initiative reached a new milestone when the Trump Accounts mobile app went live on May 28, 2026.  The app launched on the Apple App Store and Google Play, giving families the primary digital tool for managing their children’s 530A investment accounts. The rollout arrives roughly five weeks before July

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Investing

Roth IRA owners face an unexpected Saver’s Match catch

A new federal retirement benefit is coming in 2027 that could put up to $1,000 a year directly into qualifying Americans’ retirement accounts. For millions of Roth IRA owners, there is a catch buried in the fine print that most have not noticed yet. The money may not be able to go where they expect.

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Investing

Secretary Bessent has firm take on Fort Knox gold debate

Most of the money in your life is a matter of faith. The balance on your banking app, the bills in your wallet, the number on your 401(k) statement — none of it is backed by anything you can hold in your hand. You trust that it means what it says, and so does everyone

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Investing

Amazon joins Microsoft in sending shocking message to employees

For the past two years, the message from Big Tech to its employees was simple: use more AI. The companies that used it most would win. The numbers would follow. The numbers have not followed. And now the message is changing. What Amazon did and what it told employees Amazon (AMZN) shut down an internal

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Investing

JPMorgan resets Dell stock price target after earnings

Two weeks ago, JPMorgan raised its Dell price target to $280 and called it a meaningful move. After Dell’s latest earnings, that target lasted less than a fortnight. On May 29, the same analyst nearly doubled it again. JPMorgan raises Dell target: the analyst behind the call Samik Chatterjee, a top-ranked JPMorgan analyst rated eighth

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Mall retail giant closes stores, then admits business mistakes

The largest specialty apparel company in the U.S. has enjoyed success since it launched as a denim jeans retailer in 1969. Mid-1970s rock and roll radio commercials featured the successful Gap chain that sold Levi’s, vinyl records, and tapes (likely 8-track and cassettes) for young Americans. My memory from that era was the apparel chain’s

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Investing

Goldman Sachs massively resets Snowflake stock price target for 2026

In February and March 2026, Snowflake was the stock Wall Street couldn’t quite figure out. The stock was down 50% from the early January high to early April 2026, according to TradingView data. Snowflake was caught between a decelerating core business and an AI narrative that kept getting pushed further into the future.  Then Snowflake

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Ex-Trump economist drops bombshell Fed rate-hike reset

It was, dare we say, quite a cheery outlook to the end of the trading day. All three major U.S. stock indices closed at fresh record highs on May 28, the same day inline core PCE inflation data met consensus expectations AND multiple White House sources reported a new, tentative 60-day Iran War cease fire.

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Investing

Bank of America has stark message for silver investors in 2026

Silver hit $120 an ounce at the start of 2026. It is now stuck below $75. The metal has given back more than a third of its peak value, and the debate is whether that is a buying opportunity or a warning sign. Bank of America’s answer is more complicated than either side wants to

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Investing

Kevin Hassett ties Iran deal to bold new Fed rate-cut path

Every administration has its preferred economic forecast, and the ones that arrive with a release date attached deserve the most skepticism. Promises about commodity prices on cable television tend to age like fish, not wine. That pattern has been on display since February, when U.S. and Israeli strikes on Iran triggered the largest oil supply

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