Diesel prices in the U.S. have surged to a record $6.20 per gallon, driven by disruptions in global supply chains including tensions in the Strait of Hormuz, Ukrainian strikes on Russian energy infrastructure, and Russian export restrictions. Diesel is crucial for the U.S. economy as it powers transportation and agriculture, so rising costs could increase prices of everyday goods. This surge complicates the GOP's campaign on affordability ahead of the November midterm elections, despite President Trump's promise to lower energy costs after the election. The White House has yet to comment on the issue.
This week in crypto, Pump.fun introduced a new trading model pairing memecoins with tokenized stocks on Solana, expanding crypto's reach. Hunter Biden's LAPTOP memecoin crashed 98% shortly after launch, highlighting market volatility. The Liquid netw...
Goldman Sachs reports that AI investment accounts for about half of the S&P 500's earnings growth, highlighting a strong but concentrated driver behind recent gains. Key players like NVIDIA, Broadcom, and Microsoft dominate this spending cycle, makin...
The WisdomTree Efficient Gold Plus Gold Miners Strategy Fund ETF (GDMN) was upgraded to buy following a 40% gain since last year and a recent 30% pullback from January highs. It offers an attractive valuation with a 13.4x price-to-earnings ratio, str...
Retirees seeking steady monthly income should consider Agree Realty over Realty Income. Agree Realty boasts higher tenant quality with 73% investment-grade tenants versus Realty Income's 34%, a stronger occupancy rate of 99.8%, and a lower payout rat...
The Franklin Income Focus ETF (INCM) is recommended for conservative investors looking for high income with downside protection and moderate capital appreciation. Its dynamic allocation across equities, fixed income, and convertibles allows it to ada...
