‘There might be a silver lining’: My friend’s wife died at 60 after a high-earning career. Can he claim her Social Security?
“They had been married for over 30 years when she passed.” Source:MarketWatch
Morgan Stanley joins Goldman Sachs in 11th-hour switch to forecasting a Fed hike
Morgan Stanley late on Monday joined Wall Street rival Goldman Sachs in changing its call from the Federal Open Market Committee leaving rates unchanged to the…
The murky AI milestone that has some of the industry’s leading voices increasingly on edge
Anthropic CEO Dario Amodei and others are warning that AI models may be able to build on themselves, without the help of humans. It’s a concept known as…
The oil market is sending an increasingly loud warning about gas prices at the pump
Oil buyers are paying much more to get a barrel of crude oil immediately as the Iran conflict threatens global supplies. Source:MarketWatch
Chip stocks were a safe AI play. Now they’ve turned into the market’s pain trade.
A slowdown in the pace of AI development wouldn’t necessary dent spending, but there are other reasons semiconductor investors may want to take a measured…
The 10 most overvalued housing markets in America
As home prices remain near record highs, about 81% of housing markets in America are overvalued, a new ratingsagency report says, with the Northeast leading…
Saudi Arabia may be just days away from not being able to export much oil
The oil exporting kingdom is now dealing with the shutdown of its EastWest pipeline. Energy prices ‘are only going to rise on the back of this.’…
CrowdStrike and Palo Alto Networks are leading software stocks toward a never-before-seen feat
The software sector is on pace to outperform the chip sector by a historic degree in the face of escalating AI fears. Source:MarketWatch
30-year mortgage rate jumps to 7.17% — a nearly 2-year high — in the latest blow to the housing market
The 10year Treasury yield crossed a key 5% threshold on Monday, nudging the average 30year mortgage rate upward. Source:MarketWatch
The Fed may be on the verge of a serious mistake, prominent economists warn
Some economists are calling on the central bank to wait before raising interest rates, out of concern the economy may be vulnerable beneath the surface.…
Calls for an AI slowdown meet vigorous pushback: Trump calls it a ‘sick conspiracy’
Michael Burry, Donald Trump and others are criticizing Anthropic’s CEO, who recently said AI companies need to adopt better safety measures. Source:MarketWatch
AI doomsday fears are arriving at the worst possible time for the stock market
The latest cracks in the AI trade are emerging at a particularly troubling time for investors. Source:MarketWatch