JPMorgan Global Growth adds 50,000 shares to its capital

Robert Monks, a trailblazer in shareholder activism and founder of Institutional Shareholder Services, has passed away at 91. He was a visionary who realized that organized shareholder influence could keep corporate management in check, reshaping how investors engage with companies.

What This Mean: Monks wasn’t just another financier—he fundamentally changed the game by empowering shareholders to hold companies accountable. His work laid the groundwork for modern corporate accountability movements, making this more than just an obituary. It’s a reminder of how one person’s ideas can redefine an entire system.

Home sales dropped again in April as buyers hesitated due to rising costs and economic jitters, marking the slowest April sales pace in over a decade. The usual spring housing surge is looking more like a dud this year.

What This Mean: If you've been house hunting lately, you're not alone in feeling squeezed—high prices and shaky economic vibes are keeping buyers on the sidelines. This slump isn’t just a blip; it’s a sign that affordability (or the lack of it) is reshaping the market. For sellers, it means fewer bidding wars, and for everyone else, it’s another reminder that the housing crunch isn’t easing up anytime soon.

U.S. businesses saw a welcome uptick in activity this May, bouncing back from a sluggish April. The latest PMI reading—a key gauge of economic health—climbed to 52.1, signaling modest growth and easing worries about a sharper slowdown. But don’t pop the champagne just yet: rising prices are still gnawing at margins, keeping the recovery on shaky ground.

What This Mean: This isn’t a boom, but it’s not a bust either. The rebound suggests the economy’s still chugging along despite inflation pressures, which could influence the Fed’s next moves. For everyday folks, it’s a mixed bag—stronger business activity might mean more jobs, but stubborn prices mean your wallet isn’t getting much relief.

The New York Times is digging into potential trade crimes—like businesses skirting tariffs or cheating customs rules—and they’re asking workers or owners who’ve witnessed shady practices to come forward. Think under-the-table deals, mislabeled goods, or other tricks to dodge fees. If you’ve got insider knowledge, they want to hear from you.

What This Mean: Tariff fraud might sound like a niche issue, but it costs governments billions and can undercut honest businesses. If the Times uncovers widespread dodging, it could spark regulatory crackdowns or even shift trade policies. Plus, whistleblowers might finally get a chance to expose bad actors—assuming they’re willing to speak up.

Target is stepping up its game by extending same-day delivery perks to customers shopping at over 100 other retailers. If you're a Target Circle member, this could mean serious savings—potentially hundreds of dollars a year—while making last-minute shopping way more convenient.

What This Mean: This isn’t just about faster deliveries—it’s Target flexing its logistics muscle to keep shoppers loyal in an ultra-competitive retail landscape. For customers, it’s a win: more options, less waiting, and extra savings. For rivals, it’s a wake-up call—same-day delivery is becoming table stakes, and Target just raised the bar.