A luxury 'phobia' is gripping these consumers. It's a red flag for luxury brands like Chanel and Gucci.

Taking their place is a phenomenon economists are calling "luxury-phobia," a psychological and financial retreat from overt status symbols in favor of "local heroes," homegrown brands that prioritize ...

The IRS is trying to make the best of a government shutdown. Here's how to protect your refund.

The IRS is 'already understaffed and overworked' as a partial government shutdown looms . Why getting it right on your income-tax return is extra important this t ...

Verisk's Data and Solutions Are Embedded in the US P&C Insurance Industry

Verisk traces its history to Insurance Services Office, a nonprofit advisory firm founded in 1971 by US property-casualty insurers. As its ambitions grew, Verisk gradually changed into a for-profit ...

My untrustworthy and selfish brother is executor of our family estate. How do I stop him from cheating us?

I am the third trustee appointed to my late parents' trust' "A family cabin and some undeveloped land located in southern Missouri were placed into that trust." (Photo subject is a model.) Dear ...

FDIC Reports First U.S. Bank Failure of 2026

The Federal Deposit Insurance Corp. said Metropolitan Capital Bank & Trust was closed by the Illinois Department of Financial and Professional Regulation, marking the first U.S. bank failure in 2026.
Opinion

Kevin Warsh isn't who investors think he is - how you can profit from their mistake

President Donald Trump just nominated Kevin Warsh to chair the Federal Reserve. Warsh has spent years criticizing easy money, bloated balance sheets and inflation as "a choice." He resigned from the ...

Most of us make assumptions about growth and value stocks. Here's what we get wrong.

It's too early to declare value stocks the winner over growth stocks. It's premature to conclude that value stocks have begun their long-anticipated resurgence over growth stocks. I'm referring to the ...

Boeing Gets $2.8 Billion Air Force Contract to Update South Korean Fighter Jets

Boeing received a $2.81 billion contract from the U.S. Air Force to upgrade aircraft for South Korea. The contract provides for the design and development of an integrated suite of aircraft systems to ...

Utilities Down, But Not by Much, on Defensive Rotation — Utilities Roundup

Shares of power producers fell, but not by as much as the broad market, as defensive-minded investors returned to the sector. Gold and silver had been the preferred safe havens during the geopolitical ...

Tech Down, Slipping Into Red for Year to Date, on AI Skepticism — Tech Roundup

Shares of technology companies fell, slipping into the red for the year to date, amid concerns about artificial-intelligence spending. The SPDR Select Sector Technology exchange-traded fund, which ...

Financials Down on Mixed Warsh Reception — Financials Roundup

Shares of banks and other financial institutions fell amid mixed responses to President Donald Trump's unveiling of Kevin ...

Oshkosh Lifts Itself to New Heights

Oshkosh is a leading designer and manufacturer of niche small and medium-sized machines and other vocational vehicles that aid its customers in conducting various forms of work across construction ...