Markets
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Bobby Bonilla Day: How the former Mets player’s financial feat illustrates the magic of compound interest
If you see Bobby Bonilla popping up all over your social media feeds on Saturday (as it tends to this time of year), it’s because July 1 marks the annual $1.2 million payday for the former third baseman — an event that has increasingly attracted interest from average Americans, even some who don’t know anything…
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Teenagers looking for summer jobs see best labor market since just after World War II
Morgan Skove, 19, an incoming sophomore at Northwestern University, was overjoyed to land a summer gig. “I was relieved that the pressure of finding a job was off and excited to start my first ‘adult’ job,” she said. With plans to pursue a career in business, Skove applied for a sales job with the platform-engagement…
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Pickleball injuries projected to account for $377 million this year — here’s how to play safely
As pickleball surges in popularity, so do the costs for treating injured players — to the projected tune of $377 million this year alone in the U.S., according to a new analyst estimate from UBS UBS, +1.30%. But it doesn’t have to be this way, says Dr. Sanjay Saint, co-author of “Pickleball for Life: Prevent…
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USPS issues warning over check fraud: Go directly to the post office to mail a check
The U.S. Postal Service has issued a new warning: be careful when mailing checks. The USPS reported a recent surge in attacks on letter carriers and mail fraud, stating that 305 mail carriers were robbed in the first half of fiscal-year 2023, compared with 412 last year. Many of the USPS’s thefts occurred when mail…
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Bad boys: Four dumb ways people just got caught allegedly engaging in insider trading
Insider trading may seem like an easy bet to some, but it’s a dumb way to lose if you get caught. On Thursday, federal prosecutors in Manhattan announced four separate, head-scratching busts of people for allegedly trading on inside information in ways so brazen that it would have been amazing if they hadn’t been caught.…
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Here are the top-performing ETFs in first half of 2023 as crypto-related funds soar
Hello! This week’s ETF Wrap looks at top performers in the first half of 2023, as well as flows, as stocks rally and crypto-related funds jump so far this year. Please send feedback and tips to [email protected] or [email protected]. You can also follow me on Twitter at @cidzelis and find me on LinkedIn. Isabel Wang is on Twitter…
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Don’t become a landlord — own these REITs instead
Who would be a landlord? The costs are high, the risks are huge, and the so-called passive income is uncertain. I did it once, and the paperwork alone was enough to drive me nuts. Even before considering the various hassles of finding good tenants; managing the property; and dealing with leaks, disputes, broken washing machines…
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UNCY Stock Price | Unicycive Therapeutics Inc. Stock Quote (U.S.: Nasdaq)
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These are the best-performing stocks in the 2023 bull market — and the worst
(Updated with June 30 closing prices.) The S&P 500 has risen 15.9% this year to 4,450.38, but we’re actually in a bull market, with a 24% gain from the 2022 closing low of 3,577.03 on Oct. 12. (One definition of a bull market is a 20% price increase for a stock index.) Technology stocks have…
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A breakfast-cereal giant’s grumbles about prices could be music to the Fed’s ears
General Mills the megamanufacturer behind your morning Cheerios, reported a drop in earnings that might make it question whether continuing to raise prices is worth it. General Mills GIS, +0.52% CEO Jeff Harmening acknowledged during the company’s fourth-fiscal-quarter earnings call this week that consumers responded to higher prices by making fewer purchases. “As you look…