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US stocks wobble after feeling both the upside and downside of a strong jobs report

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NEW YORK (AP) — U.S. stocks are feeling both the upside and downside Wednesday of a surprisingly strong report that said the nation’s unemployment rate improved last month.
After initially rising toward its all-time high, the S&P 500 flipped to a loss before pulling back to a rise of less than 0.1% The Dow Jones ... (full story)


Plight of imprisoned Hong Kong ex-publisher Jimmy Lai evokes grief over loss of press freedoms

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HONG KONG (AP) — About five years after Hong Kong’s pro-democracy Apple Daily shut down and its founder was jailed, the newspaper’s former staff and readers are lamenting the loss of the city’s press freedoms.
Founder Jimmy Lai, 78, was sentenced last week under a Beijing-imposed national security law to ... (full story)


Who Do You Want Watching Out for You? A 'Trusted' Contact? Or an 'Emergency' Contact?

Do you have a "trusted contact" for your brokerage account? Most people don't, according to a 2024 FINRA study.
The idea behind a trusted contact is to give your brokerage firm someone you want them to call if the firm believes something is amiss. A red flag would be "sudden and uncharacteristic behavior, such as ... (full story)


Demystifying OTC and SaaS

Q. What does "OTC" mean? -- E.L., Forest Hills, Michigan
A. The letters stand for "over the counter." While thousands of securities trade on the New York Stock Exchange or Nasdaq Stock Market, thousands of others are traded over the counter in the U.S. -- meaning not on a major stock exchange. Those typically ... (full story)


As head of the actors guild, Sean Astin brings a little Rudy, a little Samwise, and a lot of fight

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LOS ANGELES (AP) — Sean Astin has taken on the presidency of the SAG-AFTRA at a particularly perilous time for the actors union, and for Hollywood. There's the threat of human actors being replaced by artificial intelligence. The ongoing upheavals of streaming. Studio consolidation and realignment.
Nearly three years ago, ... (full story)