Author: Admin

(L-R) Google CEO Sundar Pichai speaks and Tesla and SpaceX CEO Elon Musk arrive for the inauguration ceremony before Donald Trump is sworn in as the 47th US President in the US Capitol Rotunda in Washington, DC, on Jan. 20, 2025. Saul Loeb | Via ReutersWhen Alphabet and Tesla kicked off tech earnings season on Wednesday, one theme became immediately clear: AI spending is under a microscope. Both companies reported negative free cash flow for the latest quarter and told investors to prepare for higher capital expenditures. They both also reported better-than-expected revenue, but that wasn’t enough to prevent an after-market…

One of the greatest ironies in personal finance is that the people with the most money sometimes live the most uncomfortably. After spending another summer in Honolulu with my parents, I’ve been thinking hard about why. This post is a love letter to frugal parents everywhere. It’s also a nudge for all of us adult children to check in on our parents more often. Because sometimes, a $500 fix is the difference between suffering and living well. And in extreme cases, it may be the difference between life and death. The $500 Comfort Upgrade When we started spending summers in…

Back in 2018, I wrote that households need to earn $300,000 a year to live a middle-class lifestyle in an expensive coastal city. The internet was not pleased. I was called out of touch, delusional, and a few other things I can’t print on a family finance blog. After having a second child in December 2019, I upped my estimate to $350,000, which went over about as well as you’d expect. Well well well. The latest data is in, and it turns out a family of four now needs to earn $408,000 a year to live comfortably in San Francisco. We’re number…

Men give a salute while standing over a depiction of the US flag during a demonstration by university students to show their support for the Houthi movement amid escalating tensions with Saudi Arabia, at the Sanaa University campus in Yemen’s Houthi-held capital Sanaa on July 22, 2026.Mohammed Huwais | Afp | Getty ImagesThe Tehran-backed Houthis have claimed attacks on two Saudi Arabian oil tankers in the Red Sea, threatening to open up a new front in the Middle East conflict as the U.S. completed its 12th consecutive night of strikes on Iran.Yemen’s Houthis said Wednesday that they had targeted two…

My mid-week morning reads: • Prediction Markets Are Minting a New Type of Insider Trader: Sites like Polymarket were built to price uncertainty. New data shows they might be rewarding privileged knowledge instead. (Businessweek free) • Treasury Flags Concern Over ‘Potentially Abusive’ Tax Trades: The US Treasury Department has expressed concern over a number of high-profile tax strategies touted by Wall Street that it says may be “too good to be true.” (Bloomberg free) see also ‘Black Holes for Capital Gains’: New Tax Trick Takes Off in ETFs: Investors are seeding ETFs with appreciated assets, taking advantage of an infamous loophole…

    At The Money: Investing in Wheat (July 22, 2026) Do you want to own a core food staple as a geopolitical hedge, an inflation offset, or simply as a diversifier? There’s an ETF for that! Full transcript below. ~~~ About this week’s guest: Sal Gilbertie began trading agricultural and energy commodities in 1982 at Cargill, DLJ, Merrill Lynch, and Bear Stearns. He founded Teucrium in 2009, launching commodity-based AG products like the Teucrium Corn Fund (CORN) and the Teucrium Wheat Fund (WEAT), as well as soybeans and sugar futures markets through ETFs. For more info, see: Personal Bio…

Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. July 08, 2026 Minutes of the Federal Open Market Committee, June 16-17, 2026 For release at 2:00 p.m. EDT The Federal Reserve on Wednesday released the minutes of the Federal Open Market Committee meeting that was held on June 16–17, 2026. The minutes for each regularly scheduled meeting of the Committee are generally published three weeks after the day of the policy decision. The descriptions of economic and financial conditions contained in these…

Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. July 09, 2026 Federal Reserve Board issues enforcement action with TS Banking Group, Inc. and TS Contrarian Bancshares, Inc. For release at 11:00 a.m. EDT The Federal Reserve Board on Thursday announced the execution of the following enforcement action listed below: TS Banking Group, Inc., Treynor, Iowa and TS Contrarian Bancshares, Inc., Treynor, Iowa Written Agreement dated July 6, 2026 Additional enforcement actions can be searched for here. For media inquiries, please email…

Against a gloomy backdrop for software sentiment, ServiceNow just topped revenue expectations.

Treasury yields are approaching the highest levels seen since the Iran war started in February as oil prices rise