MONEY

If ‘Medicare For All’ is so bad, why is Medicare so popular?

Seniors love Medicare. Does this make them communists? Source link

MONEY

‘I have a dirty secret’: When I fly, I erase ‘basic economy’ on my ticket to skip the boarding line. My friend says it’s cheating. Who’s right?

“My friend says it’s cheating, as business passengers pay more money for early boarding.” Source link

MONEY

Intuitive Machines’ stock skyrockets, lifted by NASA lunar contract

Space-exploration company Intuitive Machines Inc. was awarded a $116.9 million NASA contract to deliver six science and technology payloads to the moon’s south pole.  Source

MONEY

Fed’s September rate cut won’t affect the election, expert says

An expert from analysis firm BMI on Tuesday played down the extent to which any interest-rate cut by Federal Reserve Chair Jerome Powell and his

MONEY

I’m over 50, my 401(k) is soaring — and the S&P 500 is scaring the heck out of me

The S&P 500 stock-market index has only been this expensive on a handful of occasions in the past 150 years. Source link

MONEY

B. Riley’s stock rallies on report of unit sale to Oaktree

Shares up 33% as report surfaces of deal for two businesses housed in its Great American Group Source link

MONEY

Palo Alto Networks earnings could hold early clues about the CrowdStrike fallout

Peloton and Target are among other notable companies that will post results in the week ahead. Source link

MONEY

China’s luxury-goods heyday is history

With sales of high-end goods on the decline and future economic growth set to moderate further, luxury companies are gradually recognizing that China isn’t the

MONEY

Budget deficit climbs 10% in July as government spends more on interest than Medicare, military

The U.S. budget deficit in July increased 10% from a year ago, driven by higher government spending and bigger interest payments on the national debt.

MONEY

‘A scary game’: How a fugitive yoga instructor stole millions from public pension funds

Roberto Montano embezzled $10 million from a forestry project backed by a U.S. investment fund, then went into hiding in Nicaragua for a decade before