Author: arthursheikin@gmail.com

[ad_1] Yields brokerage firms are willing to pay on idle cash are expected to cool in the second half of this year, but a few companies are still offering attractive rates for now. The Federal Reserve hasn’t made any movement on interest rate cuts since last December, maintaining its target interest rate range at 4.25% to 4.5%. Central bank policymakers are widely expected to stand pat at the conclusion of their July meeting next Wednesday, too. Nevertheless, brokerages have been busy as of late, pulling back their cash sweep rates – the yields they pay on dollars that haven’t yet…

[ad_1] President Donald Trump wants more stuff to be made in America. Upon taking office in January, he implemented tariffs against prominent US trade partners in an effort to bring more manufacturing back to American shores, brushing off warnings of potential pain for companies and consumers. But some industries are likely to see a boost in US manufacturing over others, Oxford Economics said on Tuesday. The firm is predicting that high-tech goods, pharmaceuticals, and aerospace technology will have an advantage.Nico Palesch, a senior economist at the forecasting firm, said these industries are well-positioned to benefit from Trump’s policies because they…

[ad_1] Stephen Colbert’s canceled, President Trump is on the attack, and Jimmy Kimmel is hitting back.Trump said Tuesday in a Truth Social post that ABC’s Kimmel and Jimmy Fallon, host of NBC’s “Tonight Show,” would be “NEXT to go” after CBS declined to renew Colbert’s contract.”The word is, and it’s a strong word at that, Jimmy Kimmel is NEXT to go in the untalented Late Night Sweepstakes and, shortly thereafter, Fallon will be gone,” Trump wrote. The president slammed Kimmel and Fallon as having “absolutely NO TALENT” and even blamed them for “destroying what used to be GREAT Television.”Kimmel clapped…

[ad_1] Over the last five months, I tested four fitness rings head-to-head. Pretty much all are comfortable to wear and reliable at tracking your biometrics accurately (though some are better than others).But the Oura Ring 4 reigns supreme as the best smart ring for most people, thanks to its long battery life, highly accurate tracking, and intuitive and easy-to-understand app for reporting your health data. Oura Ring 4 The Oura Ring is one of the most well-respected of the original smart ring brands and a great option for fitness fans who want to avoid bulky smartwatches. We particularly like it…

[ad_1] Apple on Tuesday released the fourth developer beta of its next big software update, iOS 26, which brings with it slight changes to its Liquid Glass redesign and the re-introduction of AI-powered notification summaries for news, among other updates. The rollout arrived just ahead of the iOS 26 public beta, which is expected to launch later this week. The developer betas are meant to give mobile app makers time to test their apps with Apple’s new software so they’re ready for the public launch of the new operating system in the next few months. Because of consumer demand for…

[ad_1] The growth trade has gone almost parabolic since the April lows with a 40% rise in less than four months. I think we’re in a secular bull market and should be considerably higher one year from now. Near term, however, I also think a pullback is possible. Should you care? I don’t know. It depends on your perspectives and objectives. But if a 5% pullback is something you consider actionable, then a hedge in the Nasdaq might make sense. One investor’s bull market is another investor’s bear market. Trading and investing is all about your own personal perspectives and objectives. There is…

[ad_1] New York CNN  —  Your Kit Kat bar and Reese’s Peanut Butter Cups are officially getting pricier. Hershey told its retail partners it is raising prices by a percentage in the “lower double-digit range” over what its chocolate products cost over the past couple years, a company spokesperson confirmed to CNN. The culprit: high cocoa prices. Bloomberg first reported the increase. Cocoa futures rose a whopping 178% in 2024 after a 61% increase in 2023, according to data from FactSet. That’s because Ghana and Ivory Coast account for almost 60% of the world’s cocoa production, and the region has…

[ad_1] Interactive Brokers is a stock that should be on Wall Street’s watchlist, according to Josh Brown of Ritholtz Wealth Management. “That’s on my best stocks list. I think that’s going way higher.” the firm’s CEO said on CNBC’s ” Halftime Report ” on Tuesday, referring to Interactive Brokers. “Just looking at the way Schwab and Robinhood have been treated, I think that stock should get a bigger rally. And there are tons of those stories everywhere I look in the sector, so I think it’s going to continue to work. I think you want to be in financials into…

[ad_1] Investors are raving about “neoclouds” and what their emergence means for the artificial intelligence boom. However, some warning signs are starting to flash. Neoclouds are companies specializing in AI cloud computing. Unlike traditional hyperscalers such as Amazon and Microsoft, these bespoke companies are viewed as attractive alternatives as they install and manage AI hardware and software in a faster and more tailored, cost-effective and potentially more energy-efficient way for clients. CoreWeave , which had its IPO in late March, is the largest publicly traded neocloud. Nebius is an up-and-coming name. A swath of private neocloud companies such as Lambda and…

[ad_1] New York CNN  —  OpenAI CEO Sam Altman says the world may be on the precipice of a “fraud crisis” because of how artificial intelligence could enable bad actors to impersonate other people. “A thing that terrifies me is apparently there are still some financial institutions that will accept a voice print as authentication for you to move a lot of money or do something else — you say a challenge phrase, and they just do it,” Altman said. “That is a crazy thing to still be doing… AI has fully defeated most of the ways that people authenticate…