AppLovin stock soars as company weighs selling apps business, Wall Street applauds strategic shift

AppLovin Inc. shares soared Thursday after Wall Street was supportive of the app-monetization company plan to shift focus to its higher-margin software business and treat its lower-margin app segment like a standalone business, parts of which it could sell following a strategic evaluation. AppLovin APP, + 34.57% shares climbed as much as 46% to an … Read more

Rep. Katie Porter: High food prices hurt my family, too

Inflation is making it harder for Americans to bring home the bacon – including Rep. Katie Porter. The California Democrat and self-described “Minivan-driving single mom” revealed in a Politico interview published Wednesday that she had to take the bacon out of her grocery cart during a recent shopping trip when saw the price had jumped … Read more

My family owns land that has been in our family for 100 years. I would like to leave this land to my wife. But what if she remarries?

Dear Quentin, I would like your advice on ways that I could structure my will. We live in Ohio, but I own property in Nebraska that has been in the family for over 100 years. My father farms on it through a life estate, and it is worth roughly $ 200,000. My wife and I … Read more

Elon Musk suggested getting into the lithium business, and these surging stocks show why

Lithium is becoming a lucrative business as electric vehicles become more prevalent, and miners are enjoying the rewards. Albemarle Corp. ALB, + 9.31% blew away earnings and revenue projections in a first-quarter earnings report Wednesday afternoon and executives added $ 1 billion to their annual sales forecast, sending shares up nearly 20% in after-hours trading. … Read more

This mayor wants to give every poor family in her city $ 500 a month

In Cambridge, Mass., Every family living below the federal poverty level will soon get a monthly payment of $ 500, Mayor Sumbul Siddiqui announced this week – making the city the first in the country to expand cash assistance to all locally impoverished households, her office said. To qualify, a family has to earn less … Read more

Stock investors are in the danger zone. This all-weather investing strategy offers protection

We are in a time of high inflation, with a war disrupting energy markets and the Federal Reserve raising interest rates. The sad outlook calls for a multi-year cycle of central-bank policy moves that will be unfriendly to the stock and bond markets. An investment approach that can use price movements across all assets – … Read more