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Meet the S&P 500

Q: I keep reading about the S&P 500. What is it? -- T.C., Columbus, Indiana
A: It's an index of around 500 stocks. Launched in 1957, it was originally made up largely of industrial companies, with some utilities and railroads as well. Financial companies were added in 1976. Today, its biggest sector is technology (recently a ... (full story)


Monkey escape in Mississippi gives a glimpse into the secretive world of animal research

Monkey escape in Mississippi gives a glimpse into the secretive world of animal research

The recent escape of several research monkeys after the truck carrying them overturned on a Mississippi interstate is the latest glimpse into the secretive industry of animal research and the processes that allow key details of what happened to be kept from the public.
Three monkeys have remained on the loose since the recent cr ... (full story)


'King of K-pop' Lee Soo Man on his career, a global industry and what's next

'King of K-pop' Lee Soo Man on his career, a global industry and what's next

SEOUL, South Korea (AP) — Lee Soo Man resisted the title at first. "King of K-pop" sounded too brash, too nightclub-esque — like something you'd see on a neon sign in Itaewon, a nightlife neighborhood in the South Korean capital Seoul once popular with U.S. soldiers and foreign visitors. "I asked them, 'Co ... (full story)


Mistake-filled legal briefs show the limits of relying on AI tools at work

Mistake-filled legal briefs show the limits of relying on AI tools at work

NEW YORK (AP) — Judges around the world are dealing with a growing problem: legal briefs that were generated with the help of artificial intelligence and submitted with errors such as citations to cases that don't exist, according to attorneys and court documents.
The trend serves as a cautionary tale for people who are le ... (full story)


Should you prepare for a future inheritance?

"Heather" wrote to me about frustrations she would experience if she were to receive an unexpectedly large inheritance from her parents. Asking for guidance, Heather raised some very good questions, which I share here in her words.
Q: "I don't even know what I would do first? Contact my investment adviser, my acc ... (full story)