FOUND: 2 - What They Never Told You

Billionaires are giving your kid stock. Should you say thank you?

Also: All the news and watercooler chat from Fortune.

Fortune · Oct 20

Why Bonds Matter for the First Time This Century (and How to Profit)

Over the past five years, the S&P 500 Index has compounded at an annualized rate of more than 13%, while the bond index has actually lost 0.5% a year.

Barchart · Oct 19

Debt hawks worried when lenders to the U.S. would start demanding higher interest to offset risk—Moody’s top economist says the time is nigh

“A vicious cycle threatens to take hold, with higher rates adding to the interest payments and debt load, which in turn pushes rates up even more.”

Fortune · Oct 19

DOJ: Three Men Charged in $74 Million IRS Refund Scheme Involving 16,000 Checks

Three men are facing federal charges in connection with an alleged $74 million IRS tax refund fraud scheme that prosecutors say involved thousands of fabricated tax returns and more than 16,000 government-issued refund checks.

Clever Dude · Oct 15

Bet on Britain with This 1 Trade Amid U.S. Treasury Turbulence

December British pound futures present a buying opportunity on more price strength.

Barchart · Oct 14

S&P 500 Futures Gain With All Eyes on U.S. Inflation Data; ASML Earnings Fail to Lift Chip Stocks

December S&P 500 E-Mini futures (ESZ26) are up +0.21% this morning, buoyed by lower bond yields, while investors look ahead to key U.S. inflation data for clues on the Federal Reserve’s interest-rate path.

Barchart · Oct 14

Global Debt Is Near Historic Highs. The IMF Warns That Bond Markets Could Face a 'Disorderly' Spike.

The IMF identified the possibility of "a sharp rise in sovereign bond yields" as a major threat to global financial stability.

International Business Times · Oct 13

Inside the Trump Administration's War on The Hague

In the name of national sovereignty, the U.S. government is trying to ban foreign governments—and American citizens—from voluntarily working with a war crimes tribunal.

Reason · Oct 12

Got $5,000 Sitting at Home? Here’s What It Could Be Earning Instead

Imagine having $5,000 tucked away in a drawer, locked in a home safe, or sitting in a checking account that earns almost nothing. It might...

Saving Advice · Oct 11

CBO chief warns it’s ‘probably not plausible’ that a strong economy alone can steady U.S. debt as 5%–6% growth is needed—more than Bessent’s 3% view

“So then we’re left with changes in revenues and changes in spending, and those are inherently political choices.”

Fortune · Oct 10