Wall Street Is Tying Bonuses to AI Skills. His $220,000 Paycheck Still Hits Social Security’s $184,500 Ceiling
Wall Street is rewarding AI skills with bigger paychecks, but a federal ceiling most high earners never think about quietly decides how much of that raise actually counts toward retirement.
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Read More'The world's super company': Wall Street weighs SpaceX earnings, company's likely Tesla tie-up
Elon Musk’s vision for SpaceX (SPCX) has Wall Street sizing up a potential giant unlike anything it’s seen before. Mix in a possible tie-up with Musk’s EV giant Tesla (TSLA), and investors could be looking at a monster play.
Wall Street strategists are already looking at SpaceX and Tesla as one.
Read More‘CANADA IS NO ENEMY!’: Obama Torches Trump’s Trade War, Warns Over ‘51st State’ Annexation Threat
Abdul El-Sayed HUMILIATES Trump At Obama Rally; ‘He Dragged Us Into Iran War, Barack Avoided It!’
Michigan Democratic Senate candidate Abdul El-Sayed launched a fiery attack on Donald Trump during a Detroit campaign rally alongside former President Barack Obama. Taking aim at Republican rival Mike Rogers, El-Sayed told him to take Trump back to Florida,
Read MoreFederal Reserve expected to tap brakes on rate hikes
The Federal Reserve is widely expected to leave interest rates unchanged Wednesday before raising them again in December.
The decision would represent a win for the Trump administration, whose allies have urged the central bank against hiking just days before the midterms.
Though Fed Chair Kevin Warsh continues to provide little indication of which way he’s leaning,
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Read MoreThe Burst
IBM’s Smart Move To Prove It’s an AI Powerhouse
For years, IBM has worn the “missed opportunity” label in artificial intelligence. The company that built Deep Blue, the chess-playing computer, and Watson, the supercomputer, seemed perfectly positioned to dominate AI before anyone else saw it coming.
And yet, while those early breakthroughs made headlines, IBM failed to cash in.
» Read more about: IBM’s Smart Move To Prove It’s an AI Powerhouse »
Read MoreThe Ivy
Is PayPal About to Stage an AI-Powered Comeback
Shares of PayPal haven’t joined the tech sector’s rally. While the S&P 500 has climbed, PayPal has slipped about 15% over the past year. But a new partnership with OpenAI and strong underlying fundamentals could mark the start of a rebound.
Key Points
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PayPal’s integration into ChatGPT positions it as the default payment option for AI-powered shopping—an early lead in conversational commerce.
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Read MoreThe Spotlight
Is This 8.6% Yield Too Good to Ignore?
If you’re the kind of investor who wants steady income, especially the kind that drops into your account every month like clockwork, the JPMorgan Equity Premium Income ETF (JEPI) is tough to ignore.
The headline number is eye-catching, an 8.6% trailing yield, paid monthly. That’s not just high, it’s more than four times the yield of the S&P 500 and well above what most high-grade corporate bonds are paying right now.