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16

Why Trump really could push the U.S. to default on its debt

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If Trump is elected president in November, he will face the U.S. government’s growing debt burden. He might try to resolve the issue by defaulting.

Treasury yields slip from 2024 highs even after Fed’s favored inflation report signals stalled progress

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Treasury yields eased from their highest levels of the year Friday morning, even after the Federal Reserve’s preferred inflation gauge showed prices jumped again in March.

15

Alphabet showed perfection, and that could drive the stock’s best day in 9 years

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Alphabet’s stock could see its second-best single-day performance in history on Friday, following an earnings report that drew effusive praise.

Tesla’s December recall of 2 million vehicles over Autopilot now subject of regulatory probe

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The U.S. National Highway Traffic Safety Administration said Friday it has launched an investigation of Tesla Inc.’s December recall of 2 million vehicles that were equipped with its Autopilot system.

Newell’s stock rallies on revenue beat as it boosts margins and carries out restructuring plan

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The parent company of Rubbermaid, Sharpie, Mr. Coffee, Elmer’s glue and more said it lost $9 million, or 2 cents a share in the first quarter, compared to a loss of $102 million, or 25 cents a share, in the year-ago period.

Oil prices remain on track for weekly gains ahead of U.S. inflation data

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Oil futures advanced on Friday morning, with both U.S. and global benchmark prices headed for weekly gains as investors awaited the release of U.S. inflation data that may provide further clues on when the Federal Reserve’s interest-rate…

Exxon Mobil’s stock falls after profit and production drop below forecasts

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Shares of Exxon Mobil Corp. dropped Friday, after the oil and gas giant reported first-quarter profit and production that fell below forecasts, even as revenue beat expectations by a wide margin.

14

Charter continues to shed internet subscribers, reflecting cable’s growth woes

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Charter lost more internet subscribers than expected in the first quarter as the cable industry’s broadband growth challenges continued.

Main Street isn’t saving and Wall Street isn’t shorting in an ‘Anything But Bonds’ bull market, says Bank of America

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The U.S. government has spent $6.2 trillion over the last 12 months, and investors seemed to have noticed.

AbbVie’s first-quarter results top expectations as arthritis drugs fuel growth

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AbbVie on Friday reported first-quarter results that beat expectations even as sales of its blockbuster autoimmune drug Humira continued to fall.

I’m going to inherit $6 million in property along with my two siblings — is there a ‘clever’ way to avoid capital-gains tax?

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“There are three siblings who are heirs, including me. What happens with the eventual distribution upon my surviving parent’s death?”

Chevron stock pulls back as profit drops, amid a plunge in natural-gas prices

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Shares of Chevron Corp. pulled back Friday, putting them on track for their first loss in eight sessions, after the oil giant reported first-quarter profit and revenue that fell, amid a sharp drop in natural-gas prices, but managed to beat…

Colgate-Palmolive’s stock up 3% after first-quarter earnings beat and company raises guidance

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Colgate-Palmolive Co.’s stock rose 2.9% early Friday, after the consumer goods giant beat first-quarter earnings estimates and raised its guidance.

Can I contribute to a Roth 401(k) if I earn a high salary?

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The rules are different for Roth IRA and Roth 401(k) accounts

Finding bird flu in dairy cows means ‘turbulent times ahead’ for livestock industry

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News that the U.S. government detected the bird flu virus in milk samples from sick cows in a number of states caught the attention of traders in dairy and livestock markets this week, and may eventually present a dilemma for consumers.

13

Centene’s stock jumps premarket after earnings crush estimates and company raises guidance

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Centene Corp.’s stock rose 3.4% early Friday, after the managed healthcare provider blew past earnings estimates for the first quarter and raised its full-year guidance.

Here’s the scenario that ‘nobody’s really prepared for,’ says UBS Wealth’s CIO

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UBS Global Wealth Management ‘s chief investment officer Mark Haefele says investors may need to consider an economic nightmare happening.

Thoma Bravo agrees to buy Darktrace for $5 billion

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Private-equity firm Thomas Bravo agreed to buy U.K. cybersecurity company Darktrace for $5 billion, in what would end the company’s brief but rocky spell as a listed company.

Airbus posts drop in earnings raising fears it may struggle to profit on Boeing’s woes

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Airbus posted a 25% drop in earnings as higher costs eroded its margins, even as its sales increased

My late aunt gave her husband a life tenancy in her home — but her attorney won’t even let us see the will. Is this a bad sign?

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“When she died, we were told by her attorney that we were responsible for the taxes and property insurance during the time when the life tennant lives in the home.”

How do you choose your first credit card? Don’t make these common mistakes.

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Credit cards are an efficient way to build your credit history and improve your credit score, but they also come with big risks.

12

TotalEnergies chief says oil major will consider moving main listing to New York

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The chief executive of French oil giant TotalEnergies said it will consider moving its primary stock market listing to New York, where energy rivals command higher valuations.

5 pro tips on refinancing your car loan — and when not to do it

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There are good reasons to consider refinancing a car loan, including a lower payment or lower interest rate. But should you do it?

11

His daughter whispers, ‘Where are your paychecks?’ in his ear. My stepfather is in a nursing home with dementia. How can my mother and I protect him?

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“My mother has a durable power of attorney for Sam’s healthcare and is his primary representative. No one has financial POA.”

Yen slumps to fresh 34-year low as Bank of Japan stands pat with no sign of intervention

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The Japanese yen fell to a fresh 34-year low versus the U.S. dollar after the Bank of Japan left monetary policy unchanged and gave little indication that intervention to support the currency was imminent.

Anglo American rejects BHP’s $39 billion bid as ‘opportunistic’

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The British mining giant said BHP’s offer “significantly undervalues” its business and “future prospects”

03

Gilead’s quarterly loss is narrower than expected

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Gilead Sciences Inc.’s stock dipped 0.2% in after-hours trading Thursday, after the drug company’s adjusted first-quarter profit was narrower than expected.

Skechers stock soars 10% after earnings crush estimates and company offers upbeat guidance

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Skechers Inc.’s stock soared 7% in after-hours trade Thursday, after the athletic footwear company swept past earnings estimates for the first quarter.

Snap’s 2024 plans are showing signs of paying off, and shares soar 25%

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Shares of Snap Inc. rocketed higher after hours on Thursday after the social-media platform forecast second-quarter sales that were better than expected, as it attracts more users and tries to strengthen its advertising business.