At 55 And Married, Here Is What To Know Before Buying A $1.5 Million Long-Term Care Policy
A 55-year-old married individual is weighing a $1.5 million long-term care insurance policy and wants real-world guidance on navigating the process. The person has already decided to purchase coverage and is not interested in generic advice about self-funding or whether long-term care insurance is worth buying at all. The core question centers on choosing between…
S&P Global Holds Firm On Index Rules, Blocking SpaceX From Fast-Track S&P 500 Entry
S&P Global announced Thursday it will not change its requirements for entry into its major indices, effectively blocking SpaceX from swift S&P 500 inclusion. The decision deals a significant setback to Elon Musk’s SpaceX, which is targeting a $1.75 trillion valuation and raising $75 billion in what would be the world’s biggest-ever IPO. S&P stated…
Long-Term Unemployment Surges Past 1.8 Million Americans, Leaving Lasting Scars On Workers And The Economy
The number of Americans classified as long-term unemployed has climbed above 1.8 million on average this year, raising serious concerns about labor market health. The government defines long-term unemployment as being jobless for at least 27 weeks, a threshold that more than one in four unemployed workers has now crossed. That figure is up roughly…
May Jobs Report Set To Reveal Labor Market Reality Check On Friday
The Bureau of Labor Statistics will release its May nonfarm payrolls report Friday, and expectations on Wall Street are decidedly cautious heading into the data. Economists surveyed by Dow Jones expect just 80,000 jobs were added during May, a notable step down from the average of 150,000 over the prior two months. April’s payroll gain…
Jobless Claims Surge To Four-Month High, But Holiday Timing Is The Real Culprit
Initial unemployment benefit applications climbed to a four-month high at the end of May, raising eyebrows among economists and market watchers tracking labor market conditions. Despite the headline-grabbing number, the spike does not reflect a meaningful increase in layoffs by businesses across the country. Analysts point to the Memorial Day holiday as a significant distorting…
Strategist Larry McDonald Warns Tech Stocks Are No Longer The Safe Trade, Urges Pivot To Hard Assets
Investors crowding into technology stocks may be making a critical mistake, according to strategist Larry McDonald, who sees a major market rotation ahead. McDonald warns that market participants are incorrectly treating tech as the “safe trade,” a mindset he believes is setting up significant risk for those portfolios. The warning carries extra weight given that…
Emerging-Market Fund Managers Pivot Beyond TSMC (TSM), Samsung, And SK Hynix As Positions Hit Limits
Emerging-market fund managers who rode the semiconductor wave to significant gains are now facing the challenge of finding their next big bets. The three top-performing emerging-market stocks this year have been Taiwan Semiconductor Manufacturing Company (TSM), Samsung, and SK Hynix, delivering substantial returns to investors. Fund managers who built large positions in these names early…
Redemption Wave Rattles The $2 Trillion Private Credit Market
Private credit is once again facing scrutiny after a pair of funds moved to limit investor redemptions during the second quarter of 2026. The restrictions have renewed concerns about liquidity risks that have long shadowed the rapidly growing private credit space. The $2 trillion private credit market has expanded dramatically over the past several years…
Quantinuum Raises $1.68 Billion In IPO As Quantum Computing Bids For Mainstream Credibility
Quantinuum has raised $1.68 billion through an initial public offering, marking a significant milestone for the quantum computing industry. The company chose the traditional IPO route, setting itself apart from many competitors in the quantum space who opted for SPAC mergers instead. Special Purpose Acquisition Companies, or SPACs, became a popular vehicle for tech companies…
SEC Eliminates Pattern Day-Trading Rule, Opening The Door For More Retail Traders Despite Steep Odds
The Securities and Exchange Commission is removing the pattern day-trading rule, with the change set to take effect on June 4, 2026. The rule has long required traders who execute four or more day trades within five business days to maintain a minimum of $25,000 in their brokerage accounts. Its elimination means that everyday retail…