Hoping to snag a cheap airline ticket for summer travel? Good luck, new inflation data show

Airfare costs have taken off ahead of a summer travel season running on steep demand and high gas prices, according to new price inflation data released Wednesday. The record-breaking cost increase for airline tickets stood out in a Consumer Price Index reportt that showed an overall 0.3% increase in the cost of living from March … Read more

Travel is recovering, but not travel stocks. Here is where the opportunities lie.

Dream of travelers: spring in Paris. The business of some online travel agencies has almost doubled. AFP/Getty Images Text size After two years of staying put, Americans are once again planning summer vacations, giving the travel industry a boost. So why are investors absent from the trip? Airlines hinted at the revival when they posted … Read more

Is your wealth advisor independent? Sometimes it’s not easy to say

Since the 2008 financial crisis tarnished the big banks and brokerages on Wall Street, the ranks of independent wealth advisers have grown faster than other categories. Improving their appeal is a standard known as the fiduciary rule, which legally requires these advisers to put the interests of clients first at all times and generally avoid … Read more

Is your wealth advisor independent? Sometimes it’s not easy to say

Since the 2008 financial crisis tarnished the big banks and brokerages on Wall Street, the ranks of independent wealth advisers have grown faster than other categories. Improving their appeal is a standard known as the fiduciary rule, which legally requires these advisers to put the interests of clients first at all times and generally avoid … Read more

Travel is recovering, but not travel stocks. Here is where the opportunities lie.

Dream of travelers: spring in Paris. The business of some online travel agencies has almost doubled. AFP/Getty Images Text size After two years of staying put, Americans are once again planning summer vacations, giving the travel industry a boost. So why are investors absent from the trip? Airlines hinted at the revival when they posted … Read more

Travel is recovering, but not travel stocks. Here is where the opportunities lie.

Dream of travelers: spring in Paris. The business of some online travel agencies has almost doubled. AFP/Getty Images Text size After two years of staying put, Americans are once again planning summer vacations, giving the travel industry a boost. So why are investors absent from the trip? Airlines hinted at the revival when they posted … Read more

Kawaii! Americans Drop Japanese Into Conversations Learned From Cartoons

Kristin Hart was surprised when her daughter started calling her Okaa-san. That’s “Mother” in Japanese, and it’s among the words Aimee, 12, has been increasingly using at home since she started watching anime—Japanese cartoon shows—including “My Hero Academia,” a TV series about superheroes in training. Aimee says she got hooked on the series and used … Read more

How cats are winning the post-pandemic economy

The cat business is booming, with owners willing to spend on new services and petsitters raising their hands. While the cat has long been considered a low-maintenance pet, the emerging post-pandemic economy is challenging that notion as cat grooming and boarding become more widespread. Cat owners are willing to pay for services ranging from daycare, … Read more

How Prudential’s Big Tech bet went sour

End of 2019, Prudential Financial Inc. ERP 1.20% paid $2.3 billion for a three-year-old data science startup that promised to modernize the age-old life insurance sales business. The Assurance IQ deal largely missed its financial targets and left Prudential with questions from regulators. In February, Prudential said it cut the investment by about half. “Look, … Read more

Microsoft Rises, Alphabet Falls: “Not all tech stocks are created equal”

Text size Heading into Wednesday’s session, Microsoft stock is down nearly 20% year-to-date. Gerard Julien/AFP via Getty Images It was a tale of two tech stocks on Wednesday, as Microsoft pink and Alphabet fell after earnings. Microsoft the stock rose early Wednesday, with the software maker receiving a boost from better-than-expected guidance for its fourth … Read more