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Investing
Rare Portrait of George Washington Could Fetch $2.5 Million at Auction
A rare lifetime depiction of George Washington from 1795 that was made by his most renowned portraitist, Gilbert Stuart, will lead a Christie’s auction next…
Retail Could Have a Tough Time in 2024. These Stocks Could Stand Out.
Retail and e-commerce companies are closing out an impressive year with a decent holiday shopping season—a notable feat when elevated inflation has pinched shoppers’ wallets. The…
A Junk Bond Fund That Delivers High-Quality Returns
David Sherman has one guiding investment philosophy: Return of capital is more important than return on capital.It’s a more nuanced principle than simply “Don’t lose money,” says…
Buy Now Pay Later like Affirm and Klarna Are Booming. Shoppers Tell Us Why.
Black Friday weekend was a smashing success for retailers, with consumers flocking back to malls and shopping online at record-breaking levels. There’s just one nagging datapoint…
FedEx stock slumps after delivery giant forecasts sales decline
Shares of FedEx Corp. dropped Wednesday after the package-delivery giant trimmed its full-year sales forecast, amid continued concerns about subdued shipping…
Opinion: With inflation staying higher for longer, stocks are best for your retirement savings
We have many reasons to believe U.S. inflation will remain elevated for several more years, and stocks may be your best option for long-term savings. During…
Opinion: AI could end up being more risky than profitable if we’re not careful
As a software industry CEO, I am excited about the power and potential of AI. Yet AI could go from a rising tide that lifts all boats to a perfect storm of unmanageable risk unless…
Alibaba CEO Eddie Wu to take charge of company’s e-commerce business
Alibaba Group Holding Ltd. co-founder and Chief Executive Eddie Wu will take over as the head of the Chinese internet giant’s core e-commerce group. Wu will…