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Key Takeaways: 

The average interest rate on a bank credit card is currently 21.5%. That’s the highest level since the Federal Reserve started tracking the data in 1994, according to The Associated Press.

According to Bloomberg, Elon Musk’s current net worth is $205 billion.

It was a rough start to the year for a group of stocks affectionately dubbed the Magnificent 7.

Charlie Munger, one of the greatest investors of all-time, died this week. He was 99.

What do the Chicago Bears and US Postal Service have in common? Neither deliver on Sundays.

Bears fans like me have watched our favorite team lose 13 games in a row. It stinks, but we’re used to it. Our team hasn’t won a Super Bowl since 1985.

There’s a faint but growing sucking sound permeating Wall Street. That is the sound of money being gradually sucked out of traditional investments like stocks and bonds and into money market funds.

What if you could own part of a premier NBA franchise for just $200? Well, you can.

Madison Square Garden Sports (ticker: MSGS) is a publicly traded stock on the New York stock exchange that provides investors fractional ownership in the NBA’s New York Knicks and the NHL’s New York Rangers.

Almost everyone is invested in the S&P 500 index, which may present a problem.