The hardline approach Supreme Court Justice Samuel Alito takes usually gets him what he wants. This year it backfired. Behind the scenes, the conservative justice sought to put a thumb on the scale for states trying to restrict how social media companies filter content. His tactics could have led to…

Retirement accounts are protected from creditors and lawsuits most of the time, but not all the time. You should know the circumstances when an IRA or other retirement account might be vulnerable. In general, qualified retirement accounts are protected from creditors, whether or not bankruptcy is declared, by the federal…

Mortgage rates this week have held steady for the most part. Rates for 30-year mortgages average 6.78% as of July 25, Freddie Mac reported. This is up only slightly from last week’s 6.77%. Last year, rates were in a similar place, averaging 6.81%. “Mortgage rates essentially remained flat from last…

Berkshire Hathaway’s selling streak in its big Bank of America stake has extended to nine straight days, suggesting that Warren Buffett is not just trimming the longtime holding.The Omaha-based conglomerate sold a total of 18.4 million shares of the bank from Thursday to Monday for $767 million at an average…

My top 10 things to watch on Tuesday, July 30 1. Wall Street was mixed Tuesday, heading into the continued onslaught of tech earnings. Microsoft and Advanced Micro Devices are out after the bell. Artificial intelligence spending will be in focus as investors debate whether it is all worth it.…

While inflation in the US has been cooling since hitting a four-decade high, the temperature outside continues to climb. It’s been one of the hottest summers on record for much of the country and the planet, which last week experienced the hottest day in recorded history. But US consumers aren’t…

The decision by U.S. President Joe Biden to drop out the 2024 presidential race has put this year’s election campaign into uncharted territory. Michael Craig, Managing Director and Head of Asset Allocation and Derivatives Team at TD Asset Management, looks at the changing political landscape and the implications for markets.…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.BP announced it will drill a new oilfield in the Gulf of Mexico as the energy major’s second-quarter profits surpassed forecasts.The London-listed company said on Tuesday that it would build a sixth…

The Supreme Court’s toughest cases during Chief Justice John Roberts’ tenure have often generated internal suspense, with shifting votes, last-minute switches and the chief’s own push toward compromises that would lessen the appearance of politics. Not so this spring, when the six Republican-appointed conservatives established a far-reaching immunity from prosecution…

When considering retirement, many pre-retirees and recent retirees focus on the vacation part, making plans to travel and pursue interests and hobbies. You might also be looking forward to the initial honeymoon phase of retirement, when you don’t have to wake to an alarm clock, quickly wolf down breakfast, and…