Business News

Consumer prices rose again in May, pushing the annual inflation rate to its highest level in three years, according to new government data. Independent Social Security and Medicare policy analyst Mary Johnson now estimates the 2027 cost-of-living adjustment could reach 4.7%, up from her earlier forecast of 4.2%. Johnson warned that the figure may not…

The United States federal government’s total fiscal burden has reached a staggering milestone, with the true national debt now hitting $1 million per American household. This figure goes well beyond the commonly cited gross federal debt, incorporating unfunded liabilities tied to major entitlement programs like Social Security and Medicare. Unfunded liabilities represent promises the federal…

Across the United States, more than 2.5 million grandparents are serving as the primary caregivers for their grandchildren, according to estimates from Generations United. These arrangements rarely emerge from planned decisions, instead arising from unexpected family crises including substance abuse, incarceration, mental health emergencies, or the death of an adult child. The financial consequences for…

Alicia H. Munnell, senior advisor at the Center for Retirement Research at Boston College, argues that Social Security benefits are far from the runaway entitlement that many fiscal hawks describe. Munnell, who also writes a column for MarketWatch, set out to assess whether current Social Security benefits are reasonable, concluding that a reality check supports…

SpaceX employees have accumulated enough paper wealth through the company’s anticipated IPO to purchase roughly 40% of all homes in San Antonio, Texas. That striking figure comes from a new report by Redfin, the real estate brokerage powered by Rocket, which analyzed the hypothetical purchasing power of current and former SpaceX employees. San Antonio is…

SpaceX shares jumped 19.2% on their first day of trading, closing at $160.95 and leaving many retail investors wondering whether the real opportunity has already passed. The IPO was priced at $135 per share, but the offering was oversubscribed, meaning most ordinary investors had no chance to buy in at that initial price. The debut…

SpaceX’s historic public debut has rewritten the record books, with shares closing well above their offering price on the first day of trading. The company priced its IPO at $135 per share, raising $75 billion in what became the largest initial public offering of all time. Shares closed at approximately $161, marking a nearly 20%…

Since the market’s COVID-19 pandemic low in mid-March 2020, growth stocks had been the undisputed champions of Wall Street for nearly six years running. The S&P 500 Growth index rallied a little more than 200% from that pandemic-era low, leaving value investors watching from the sidelines with considerably thinner gains. The S&P 500 Value index…

Investors rattled by today’s financial headlines may be overlooking a straightforward statistical reality about how markets tend to behave. According to MarketWatch contributor Mark Hulbert, there is a 68% probability that the U.S. stock market will finish the year higher than where it currently stands. That figure has nothing to do with the war in…

FIFA is distributing a record $871 million to the 48 competing nations at the 2026 World Cup, nearly double the $440 million paid out at Qatar 2022. The dramatic increase in prize money reflects FIFA’s expanded tournament format and growing global commercial revenues tied to the sport. Prize money is paid directly to national associations…