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Google Market NewsMay 16, 2026
LIRR strike shuts down nation's busiest commuter train line, union says 'we're far apart' - Gothamist
LIRR strike shuts down nation's busiest commuter train line, union says 'we're far apart'  GothamistNorth America's largest commuter rail system shuts down as workers strike  Toledo BladeOfficials outline contingency plans ahead of midnight LIRR strike deadline  Spectrum News NY1Long Island Rail Road, America's largest commuter railroad, is on strike  CNN

Google Business NewsMay 16, 2026
Trump says Xi agrees Iran must open strait, China says war should not have started - Reuters
Trump says Xi agrees Iran must open strait, China says war should not have started  ReutersTrump returns from China with no Iran breakthrough — and a decision to make  CNNTrump reveals Xi's stance on arming Iran as Hormuz tensions rattle markets  Fox NewsTrump, Xi Project Hormuz Alignment Despite No Iran Progress  Bloomberg.com

Google Market NewsMay 16, 2026
Long Island Rail Road Strike Shuts Down Busiest U.S. Passenger Rail Service - The New York Times
Long Island Rail Road Strike Shuts Down Busiest U.S. Passenger Rail Service  The New York TimesLIRR strike shuts largest railroad in nation as unions, MTA fail to reach deal | Live updates  ABC7 New YorkLong Island Rail Road, America's largest commuter railroad, is on strike  CNNOfficials outline contingency plans ahead of midnight LIRR strike deadline  Spectrum News NY1

Yahoo BusinessMay 16, 2026
Greg Abel Is Buying Shares of What Is Probably Warren Buffett's Favorite Stock. Should You Buy It Too?


NYTimes BusinessMay 16, 2026
Which Countries Are Profiting From the Iran War Oil Shock
An analysis of oil export data offers clues about which nations have benefited from higher prices, and which have lost a lot of revenue.

RELATED ARTICLES
The Countries Profiting From the War Oil Shock, as Others Lose Out - The New York Times (Google Business News)

MarketWatchMay 16, 2026
‘She is very angry with me': My daughter, 30, has issues with drugs. Should I take half the profit from the sale of her house?
"My thought is to invest it on her behalf for someday, when she gets her life together."

Accounting TodayMay 15, 2026
Newsom pitches software tax to raise billions in new revenue
California Governor Gavin Newsom is proposing a new tax on cloud-based software sales, turning to the technology sector for billions of dollars in new revenue as the state's budget is being lifted by the artificial-intelligence boom.

Entrepreneur.comMay 15, 2026
The Hidden Margin Killers Draining Your Business — and How AI Is Catching Them in Real Time
For small business owners, the ability to spot problems early may be the most important capability AI provides.

MarketWatchMay 15, 2026
The stock market surge has delivered a rare signal. Here's what history suggests happens next, says Goldman Sachs.
Momentum and risk appetite are ascendant, but that may be a problem, say Goldman Sachs strategists.

KiplingerSep 15, 2022
Stock Market Today: Stocks Resume Slide as Treasury Yields Rise
Thursday marked another day of choppy trading for stocks as investors considered a round of data that showed the U.S. economy remained resilient even in the face of the Federal Reserve's aggressive rate-hike campaign.

SEE MORE 16 Dividend Kings for Decades of Dividend Growth Ahead of this morning's open, data from the Labor Department showed weekly jobless claims fell for a fifth straight week, underscoring strength in the labor market. Additionally, the Commerce Department said retail sales rose 0.3% month-over-month in August, beating economists' expectations for a slight decline in consumer spending. 

"This [retail sales] report is not good for the Fed's goals of slower inflation," says José Torres, senior economist at Interactive Brokers. "The Fed would like to see consumers slow down their spending and debt accumulation to slow down inflation. Higher rates provide an incentive to save, not to spend, and that's part of the reason why tighter monetary policy brings down demand and inflation." As such, Torres says the market is not only expecting a 75 basis-point rate hike at next week's Fed meeting, but one at the November meeting too. (A basis point is one-one hundredth of a percentage point.)

Sign up for Kiplinger's FREE Investing Weekly e-letter for stock, ETF and mutual fund recommendations, and other investing advice.

By the close, the market had taken a decisive turn lower as the 10-year Treasury yield jumped 3.5 basis points to 3.447%. The tech-heavy Nasdaq Composite suffered the worst of it, slumping 1.4% to 11,552. However, the S&P 500 Index (-1.1% to 3,901) and the Dow Jones Industrial Average (-0.6% at 30,961) also ended solidly in the red.


Barron's This Week MagazineMar 01, 2019
Ferrari's Stock Could Keep Speeding Ahead
The maker of high-priced sports cars has been steadily improving its financial performance in recent years, meaning the stock can still run higher, even after nearly doubling in the past couple of years.
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