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PG&E, other utility stocks sink as California leaves investors exposed to wildfire liability19:32 A California bill is “more focused on victim protections without any new investor protections,” according to analysts. Bessent now says debt-reduction plan could be months away. It will face hurdles when it arrives.19:32 Top officials in the Trump administration have taken the wraps off a plan for tackling the federal government’s persistent deficits. This near-7% rule looks better for retirees than the 4% rule19:32 The recent bad news from the turmoil in the bond market — which has seen long-term interest rates rising to multidecade highs — is also good news for those nearing or in retirement. ‘Her life was very challenging before we got custody’: At 62, how can we afford to put our granddaughter through college?19:32 “Neither of us attended college, even though we have done well for ourselves, so we have no experience with this process.” The collapse of U.S.-Canada trade talks helped the American aluminum industry. Here’s what Trump should do next.19:32 Some in Washington see aluminum policy as a fight over smelters — the plants that actually make raw aluminum. But the numbers say otherwise. 22 best-performing stocks of August, as the software industry continues its recovery18:40 The energy and technology sectors did well in August, while Moderna’s stock was the best performer by a wide margin. |
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