Business

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Business

Billionaire Ron Baron makes $24.9 billion bet on controversial giant

When Ron Baron believes in a company, he does not dabble. He commits. He held Tesla through every dip, every controversy, every moment Wall Street laughed at him, and eventually generated billions for his investors.  He has been saying the same thing about SpaceX (SPCX) for years. Fast forward, his latest Q2 13F filing shows

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Business

GM’s $91,100 Escalade faces new scrutiny over engine failures

For a driver, the worst kind of recall is not necessarily the one that sends you to the dealership. This is the one that might not end there. Federal safety authorities have expanded their investigation of nearly a million General Motors (GM) cars over engine failures connected to the automaker’s 6.2-liter L87 V8. The examination

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Business

Analyst rethinks Nvidia stock ahead of earnings

Shares of Nvidia (NVDA) have gained 15.1% year to date, outperforming the S&P 500 but trailing chipmaking peer AMD (AMD), which has surged 120.1%, and the Philadelphia Semiconductor Index, which has rallied 63.7% over the same period. Investors are growing more cautious about whether Nvidia can maintain its rapid growth as the AI market evolves.

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Business

Schwab SCHD holders are missing its ideal dividend ETF match

The Schwab U.S. Dividend Equity ETF (SCHD) held $112 billion in net assets as of August 21, 2026, cementing its role as the default income holding for dividend investors. SCHD’s mandate stops at the U.S. border by design, leaving an entire universe of developed-market dividend payers outside the portfolio.  For investors whose income allocation lives

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Business

Zillow warns Americans on mortgage rates, housing market

Real estate technology company Zillow has a warning for Americans about the time it takes to save for a down payment on a home and plan for high mortgage rates in a difficult housing market. “Buying a home is a financial commitment measured not just in dollars, but in years,” Zillow wrote. “Whether to buy

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Business

Top analyst sees trouble looming for SpaceX stock

To some investors, SpaceX (SPCX) shares have already lost their shine. Now a fresh warning is landing at the worst possible moment. The stock closed at $134 on Thursday, Aug. 20, down about 6% over the past five days and roughly 17% for the year so far.  That is a long way from the $225.64

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Business

Another travel company shuts down and cancels all trips, refunds available

With estimates showing that there are up to 16,000 travel agencies and companies selling some form of organized travel operating in the United Kingdom, some will withstand the current market while a large number will struggle. Rising labor and operational costs, the ease with which people can now book their own travel online and lower consumer spending

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Business

New proposal could limit your child’s Trump Account options

Seven million children have been signed up for Trump Accounts since the July 4, 2026 launch, CNBC reported. Of those, one million have already claimed the $1,000 government seed deposit for newborns, according to the White House. But a proposal published on August 20 2026, by the Treasury Department and IRS could decide what those

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Business

Longtime analyst says investors should consider these stocks in fall 2026

Tom Lee, the head of research at Fundstrat Global Advisors, went on CNBC this week and read out a short list of stocks investors should consider owning heading into the fall.  He also named one crowd favorite that he would leave alone. Tom Lee has become one of the best known analysts for a reason.

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Business

40-year-old international travel and cruise company cancels all trips

While many travel agencies continue to have their market serving niche groups of travelers even in the digital age, a large number that have initially been able to stay in business end up coming upon hard times. The situation has been particularly acute in the United Kingdom where, since the start of 2026, the long

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