The Daily
The Stock Market May Have a Federal Reserve Problem with Kevin Warsh Replacing Jerome Powell
The S&P 500 (^GSPC +0.81%) has more than doubled since the current bull market began in October 2022, and the index currently trades near its record high. But the stock market may run into trouble when Kevin Warsh potentially replaces Federal Reserve Chair Jerome Powell in May.
Where Should You Buy Mutual Funds? A Complete Beginner’s Guide
Two letters arrived recently from readers asking almost the same question.
The first was from a reader in Lucknow: “I have been following this column since the beginning. I understand what a mutual fund is, I understand SIPs, I even told my sister about index funds last month. But when I actually sat down to start,
» Read more about: Where Should You Buy Mutual Funds? A Complete Beginner’s Guide »
The SpaceX IPO Is Coming: History Says the Stock Will Do This When It Starts Trading
Last month, Elon Musk’s SpaceX confidentially filed initial public offering (IPO) paperwork with the Securities and Exchange Commission and the company plans to start its IPO roadshow on June 8, where executives will pitch the stock to institutional investors and analysts.
SpaceX has not set a specific IPO date, but shares will probably start trading in late June or early July.
Fund Manager Reveals Quant PMS Strategy Which Beats Mutual Funds’ Returns; Calls Microcaps Attractive
Indian equity markets have remained under pressure over the past year, with returns moderating amid a combination of tariff-related disruptions, earnings slowdown and heightened geopolitical uncertainty. In this environment, strategies that focus on risk management and capital preservation have come into sharper focus, especially among high-net-worth investors evaluating alternatives beyond traditional mutual funds.
Social Security Rule Deals Early Filers a Double Whammy
Filing for Social Security early can seem like a practical move, especially if you’re looking to retire or are being forced to leave your job for reasons outside your control, such as downsizing. But there’s a major problem with claiming Social Security ahead of full retirement age, which is 67 for anyone born in 1960 or later.
» Read more about: Social Security Rule Deals Early Filers a Double Whammy »
Bullish to acquire Equiniti in $4.2 billion deal
Bullish has agreed to acquire Equiniti, a regulated transfer agent serving almost 3,000 public company clients, in a transaction valued at $4.2 billion, the company said Tuesday.
Under the terms of the agreement, Equiniti’s existing debt of $1.85 billion will be absorbed by Bullish, with the remainder of the $4.2 billion consideration — approximately $2.35 billion — paid in Bullish shares valued at $38.48 each,
» Read more about: Bullish to acquire Equiniti in $4.2 billion deal »
Why Graphic Packaging Stock Trounced the Market on Tuesday
While it’s not a high-profile stock, Graphic Packaging Holdings (NYSE: GPK) was very much a popular one on the second trading day of the week. Encouraged by a double beat the company scored with its first-quarter results, market players snapped up its shares to propel them to a more than 12% gain on Tuesday.
» Read more about: Why Graphic Packaging Stock Trounced the Market on Tuesday »
Top Cryptocurrency Myths
Key Takeaways
- Contrary to what many believe, nearly all cryptocurrency transactions are used for legal activities.
- Cryptocurrencies have value to some people and are secure if appropriate security steps are taken.
- By definition, cryptocurrencies are money, but not “real” (as in physical or backed by governments) money.
U.S. economy grew 2% from January-March, recovering from federal shutdown; Iran war clouds outlook
WASHINGTON (AP) — The U.S. economy accelerated at the start of 2026, expanding at a modest 2% pace from January through March after recovering from last fall’s 43-day federal government shutdown. But the outlook is clouded by the Iran war.
The Commerce Department reported Thursday that gross domestic product — the nation’s output of goods and services — rebounded from a lackluster 0.5% expansion the last three months of 2025.