Bank of America (BAC) is urging investors to exercise greater caution toward U.S. equities as a growing number of internal bear market indicators flash warning signals simultaneously. In a research note, strategists led by Savita Subramanian said there are “too many red flags” and advised clients to “take profits” at current levels. The firm estimates…

Tax season brings widespread confusion about what a filing extension actually means for American taxpayers who owe money to the federal government. Many people mistakenly believe that requesting more time to file their return also gives them more time to pay any taxes they owe, but that assumption is costly. The IRS is clear on…

U.S. households are growing increasingly anxious about their financial situations, with a key measure of consumer distress hitting its highest level in nearly four years. The Federal Reserve Bank of New York’s monthly Survey of Consumer Expectations, released Monday, showed a sharp deterioration in how Americans view their current financial standing. The share of respondents…

Collecting Social Security survivor benefits while wondering whether to claim your own retirement benefits is a common and important financial dilemma for widows and widowers. Many Americans in this situation do not realize they have the flexibility to switch between benefit types at a strategically advantageous time. The Social Security Administration does not allow recipients…

Williams confirmed her comeback to professional tennis on June 1, accepting a wild-card invitation to compete at the HSBC Championships in London. The announcement comes nearly four years after the tennis icon made her emotional exit from the sport at the 2022 U.S. Open, stunning fans worldwide. Williams has won 23 major singles titles, 73…

Novo Nordisk’s oral Wegovy pill has surpassed three million prescriptions in just over five months, cementing its place among the strongest U.S. pharmaceutical launches by volume on record. The three million prescription milestone translates to roughly one prescription filled every five seconds, reflecting relentless consumer demand since the drug became available in January 2026. Wegovy…

Wall Street’s longest winning streak in three years came to an abrupt end as investors abandoned high-flying technology shares in dramatic fashion. A stronger-than-expected May jobs report reignited fears that U.S. interest rates could rise again before the end of the year, rattling equity markets broadly. The Nasdaq composite suffered its worst single-day decline in…

At 75, this couple carries $1.5 million invested in the stock market alongside $425,000 spread across CDs and a savings account. Both spouses collect Social Security, she receives a pension, and he continues to work while earning 80% of his salary upon retirement. The couple is entirely debt-free and she holds a long-term-care insurance policy,…

Silicon Valley’s biggest names are pushing back against a proposed California wealth tax, even as their empires were built on a foundation of public funding and government support. The ballot initiative, set for the November 2026 election, would impose a one-time 5% wealth tax on California billionaires, structured as annual installments of 1% paid over…

Companies across the technology sector are discovering that the financial case for replacing human workers with artificial intelligence is far shakier than executives once believed. The cost of running advanced AI systems has grown dramatically as firms shift toward agentic AI tasks, which are more complex and significantly more expensive to execute than earlier automation…