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  • Jeff Sommer

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Trump or Biden? The Stock Market Doesn’t Care.

Prediction markets say former President Donald J. Trump has a good chance of winning. So far, the stock market is fine with that.

Counting Inflation, the Stock Market May Have Hit a Peak

But Robert Shiller, the Nobel laureate, says valuations adjusted for high inflation suggest stock returns for the next decade are likely to be modest.

Those Billion-Dollar Lottery ‘Jackpots’ Aren’t Even Half That Big

The latest enticing lottery prizes are the product of misleading advertising and high interest rates, our columnist says.

In the Markets, a Tug of War Between Big Tech and the Fed

On Wall Street, excitement about A.I. outweighs concern about interest rates. But rocketing stocks could make it tough for the Federal Reserve to cut rates.

Nvidia Stock Market Value Would Be Bigger Than the World Economy

A.I. fervor has rocketed the chip company’s share price upward. Our columnist asked A.I. chatbots how big Nvidia would become if it kept growing as...

What History and Economics Suggest About Biden-Trump, Round 2

Underlying economic and market factors mattered in previous presidential rematches. They may help President Biden, even if polls aren’t showing that so far.

A Tax Sunset Will Change What You Owe the I.R.S.

Important regulations expire at the end of next year, thwarting tax planning and creating a monumental fiscal challenge for Congress.

At BlackRock, State Street and Vanguard, Millions of Investors Are Getting a Voice

BlackRock, State Street and Vanguard have opened up voting on environmental, social and management issues. It’s not true shareholder democracy, but it’s progress.

January Was Awesome for Stock Pickers, but Can They Keep It Going?

Most active fund managers beat the market at the start of the year. But history suggests that they’re not likely to keep doing so for...

IBM Reopens Its Frozen Pension Plan, Saving the Company Millions

The company has stopped making contributions to 401(k) accounts, and instead giving workers cash credits in a new version of its old pension plan.