Michael R. Benson Benson

Michael R. Benson analyzes US financial markets, Wall Street activity, the Dow Jones, and Nasdaq trends. He delivers actionable insights to help you strengthen your investment strategy.
Saks Global expects to exit bankruptcy this summer after receiving $500M in financing
Markets

Saks Global aims to emerge this summer: $500M financing paves the way

California cracks down on luxury car buyers evading taxes through 'Montana Loophole'
Markets

California targets luxury car tax dodgers using Montana registrations: owners face big fines

Meta's Bay Area layoffs affect roughly 200 workers as company pours billions into AI infrastructure
Markets

Meta cuts 200 Bay Area jobs: redirects billions into AI buildout

Trump touts unexpectedly high March jobs report as economy rebounds from weak February
Markets

Jobs numbers jump in March: Trump seizes on rebound after February slowdown

With no missile alerts and a regime's internet blackout, app offers lifeline to Iranian civilians
Markets

App keeps Iranians informed during government internet blackout and missing missile warnings

Auto industry trade group urges feds to scrap gas tax and replace it with a vehicle weight fee
Markets

Gas tax faces overhaul as auto industry seeks fee based on vehicle weight

Where gas prices are rising fastest as Trump issues fresh warning to Iran
Markets

Gas prices spike fastest near the Gulf: Trump’s warning to Iran unsettles markets

Markets are nervous, but Main Street isn't: Wells Fargo CEO flags economic disconnect
Markets

Markets wobble amid investor panic: Wells Fargo CEO says Main Street unmoved

Oracle laying off thousands of workers to cut costs amid AI push: report
Markets

Oracle layoffs hit thousands: company trims workforce to bankroll AI growth

Mercedes-Benz to pour $4B into Alabama plant as Trump tariffs reshape US auto strategy
Markets

Mercedes-Benz $4B Alabama investment: tariffs under Trump spur U.S. production shift

Private sector added 62,000 jobs in March, above expectations, ADP says
Markets

Private sector job gains top forecasts with 62,000 hires in March: ADP

Mortgage rates jump as Iran conflict hits housing market
Markets

Mortgage rates surge: Iran tensions push borrowing costs higher and slow home sales

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