The world learned relatively quickly that cybersecurity firm CrowdStrike was behind a crippling global tech outage on Friday. But figuring out who will pay the bill for the damages could take a lot longer. What one cybersecurity expert said appears to be the “largest IT outage in history” led to…

Amazon’s (NASDAQ:AMZN) shares have greatly appreciated since the start of the year and are currently trading around their all-time highs thanks to the successful performance of the company’s business that was fueled by the improving macroeconomic environment. Thanks to the resilience of the American economy, Amazon now has a decent…

Unlock the US Election Countdown newsletter for freeThe stories that matter on money and politics in the race for the White HousePresident Joe Biden faced fresh pressure to abandon his re-election bid on Sunday after a fifth US senator called for him to step aside and new polling showed Donald…

Senior Democrats are playing chicken with President Joe Biden, Fareed says, pressuring him to drop his reelection bid even as Election Day draws nearer while the likelihood of a Trump win appears to remain strong. But by changing the way it selects presidential nominees, Fareed argues, the Democratic Party could…

Our country has valued hard work from our founding as a nation. The Puritan work ethic shows itself everywhere. Most working people see “hard worker” as a desirable quality in themselves and others. We often define success by how much wealth we accumulate from all that hard work. What’s wrong…

There’s good and bad news for mortgage rates this week. The good news is rates have continued their slow downward trend, averaging 6.87% on 30-year, fixed-rate mortgages, Freddie Mac reported. Although this is promising, lowering interest rates is far from the norm. Last week, 30-year mortgages had average rates of…

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The money flow into small caps may not be a rotation from winning growth trades.Dave Nadig, ETF journalist and financial futurist, sees investors “just buying, buying, buying.””What we’re seeing is a diversification trade,” he told CNBC’s “ETF Edge” this week. “We’re seeing flows into everything, and that to me means…

This week was all about rotation. Investors spent much of the week shifting funds around, locking in profits with winners — mainly megacap tech stocks — and taking positions in many overlooked areas of the market that are due for a bounce, especially once the Federal Reserve starts cutting interest…

Taking your romantic relationship to the next level — sharing a home — is a big deal in so many ways. If you opt to live together instead of marrying, you may think you’re saving money (e.g., no wedding!) and keeping your financial and legal independence from each other. In…