‘She never explained anything’: I’m a senior citizen and I lost $100,000 in the stock market this year. Can I sue my financial adviser?

‘She never explained anything’: I’m a senior citizen and I lost 0,000 in the stock market this year.  Can I sue my financial adviser?

I am a senior citizen and have suffered major losses to the tune of $100,000 in the recent stock market turmoil. Can I sue my financial adviser? I understand the dynamics of the market as far as its ups and downs, and have ridden them out before. However, it’s been different with the market in … Read more

Tonga volcano blast was unusual, could even warm the Earth

Tonga volcano blast was unusual, could even warm the Earth

NEW YORK — When an undersea volcano erupted in Tonga in January, its watery blast was huge and unusual — and scientists are still trying to understand its impacts. The volcano, known as Hunga Tonga-Hunga Ha’apai, shot millions of tons of water vapor high up into the atmosphere, according to a study published Thursday in … Read more

September sadness could explain why stocks are being hit hard this month

September sadness could explain why stocks are being hit hard this month

September appears to be the worst month for Seasonal Affective Disorder, which may be the missing link for why the month is so bad for the stock market. Seasonal Affective Disorder, or SAD, is a depressive mood disorder related to the change of seasons. While most of us have heard of SAD, few associate it … Read more

Meet the 30-year-old on the verge of selling his company to Adobe for $20B

Meet the 30-year-old on the verge of selling his company to Adobe for B

Almost overnight, this 30-year-old has become the tech world’s newest titan — and is poised to become one of the world’s youngest billionaires. Dylan Field, the co-founder and CEO of San Francisco-based Figma, is on the cusp of an epic windfall after Adobe ADBE, -3.12% announced plans to acquire his company for $20 billion this … Read more

Apple iPhone 14 event: A price hike is expected, but will there be ‘one more thing’?

Apple iPhone 14 event: A price hike is expected, but will there be ‘one more thing’?

Apple Inc.’s coming iPhone 14 lineup might not bring too many new features, but there could be one big change in store. After holding steady on iPhone prices a year ago, some analysts expect that Apple AAPL, -1.36% will increase the price of its iPhone 14 Pro models this year amid camera, chip, and design … Read more

US gains 315,000 jobs in August. Labor market still strong but shows sign of cooling.

US gains 315,000 jobs in August.  Labor market still strong but shows sign of cooling.

The numbers: The US added a robust 315,000 new jobs in August, showing that businesses still have a big appetite for labor even as the economy slows and worries about a recession grow. The increase in hiring basically matched Wall Street estimates. Economists polled by The Wall Street Journal had forecast 318,000 new jobs. The … Read more

We asked an AI art generator what Street Fighter 6 characters look like and the results are unsettling…

We asked an AI art generator what Street Fighter 6 characters look like and the results are unsettling…

We are clearly living in the early days of Skynet’s rise to power as technology continues to reach new heights and give the every day human the ability to do all manner of things, from super imposing a celebrity’s face onto theirs to making static images move, talk , and sing. One of the latest … Read more

Bill Ackman says fast-food chains are an inflationary shield. Here’s two he likes, and one he just sold.

Bill Ackman says fast-food chains are an inflationary shield.  Here’s two he likes, and one he just sold.

A cautious session is ahead for Tuesday, following the worst smackdown since June for major indexes. That’s as an increasing number of investors see the Fed pivoting from rate hikes to be a tall order in the face of stubbornly high inflation and a global growth mess. We’ll find out Friday when Fed Chairman Jerome … Read more

Apple plans to unveil iPhone 14 at Sept. 7 event: report

Apple plans to unveil iPhone 14 at Sept. 7 event: report

Apple Inc. is expected to unveil its latest line of iPhones and smartwatches on Sept. 7, according to a new report. Bloomberg News reported Wednesday that the tech giant will update its flagship smartphones amid a busy fall product rollout that includes three new Apple Watch models and multiple new versions of Macs and iPads … Read more

FAANGs ain’t what they used to be, so beware the bear-market bounce says this hedge fund manager

FAANGs ain’t what they used to be, so beware the bear-market bounce says this hedge fund manager

It’s been some rally. The S&P 500 SPX, -0.20% is starting the week at a seven-week high, bolstered by hopes for a less hawkish Fed and a sense that earnings pessimism was overdone. The benchmark stock index is up 12.6% from the recent low hit md-June, having delivered its best July performance since 1939, according … Read more