Pro stock pickers cannot beat simple math — war in the Middle East is proving it

“I’m curious what would happen if the account owner were to die suddenly at the same time as the 98% beneficiary.”

“We would rather pay taxes upfront than pay mortgage interest.”

Bonds lost ground today, largely due to mechanical, month-end trading (i.e. not due to economic data, inflation, or news headlines). When bonds lose ground, rates rise, all else equal. Mortgage rates were already fairly close to longer-term highs last week. Today’s increase was just enough to nudge the average top-tier 30yr fixed rate to 6.87%–the…

Prime Minister Andy Burnham has confirmed that Stamp Duty will not be reformed in the upcoming Budget, dismissing weekend reports suggesting the tax was under review for abolition. Speaking to Sky News, Burnham stated: “That won’t happen in the next Budget.” The decision follows concerns that speculation about potential changes could freeze the housing market,…

Monday.com (MNDY -6.43%), a workplace production software developer that has pushed into the customer relationship management (CRM) space, saw its stock rise an impressive 16% last month. Investors didn’t react well to the company’s second-quarter results, but the solid performance of a notable peer known for its CRM offerings ultimately helped turn the tide. A…

Disney is joining other big-name companies in curbing employee benefits, a move that comes as healthcare costs rise. Starting next year, the entertainment giant will no longer offer medical insurance plans to US employees’ spouses if their spouses have jobs that provide such coverage, a Disney spokesperson confirmed to Business Insider. Employees’ other dependents won’t…