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College kids are moving into retirement communities for reasons beyond ‘cheap rent’18:43 Students are forging intergenerational bonds while planning game nights and teaching gym classes, but “by 7:30 or 8, things get pretty quiet here.” Stocks could soar in August. Here are six potential drivers.17:39 Tom Lee, head of research at Fundstrat, outlined the reasons he thinks stocks could reach a new high this month. Job openings fell to a 3-month low. Is the labor market losing momentum?17:06 After a burst of new job openings and hiring in the spring, the U.S. labor market appears to have lost some momentum. If Social Security’s funding crisis is the elephant in the room, this is the mouse everyone has overlooked. You have been warne16:35 “Delaying Social Security until 70 results in an increased monthly payment — and that comes with proportionally higher cost-of-living adjustments.” Caterpillar is killing it, and data-center demand is driving record revenue13:53 Caterpillar’s stock surges after the biggest earnings beat in five years, as demand for data-center construction provided a boost. |
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