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247 Wall St.

The 24/7 Wall St. column covers stock markets, corporate news, economic data, and consumer trends, offering users financial news and market observations.

247 Wall St.'s Articles

RFK Jr. Recommends Social Security Immediately “Reduce Scheduled Benefits by 25.2%” as Insolvency Looms

The 2026 Social Security Trustees Report, signed by Secretary Robert F. Kennedy Jr., contains a line that would shake any retiree reading it carefully: scheduled

2026/06/19

USO Up 65% This Year, Down 77% From What It Should Be

If you bought the United States Oil Fund (NYSEARCA:USO) ten years ago to ride a long-term crude rebound, you are sitting on a total return of 22.46%. Crude oil

2026/06/19

VOO’s 0.03% Fee Hides a Costlier Truth About Taxes and Concentration

Vanguard S&P 500 ETF (NYSEARCA:VOO) sells itself on one number: a 0.03% expense ratio. That’s the headline that hooks every “set it and forget it” investor. The

2026/06/19

ARKK’s 0.75% Fee Quietly Costs You $55 a Year on Every $10,000 Invested

If you own ARK Innovation ETF (NYSEARCA:ARKK), you are paying a premium price for a fund that has, over the past five years, gone the wrong way. The sticker fee

2026/06/19

New Retirees Can Save up to $6,936 in Medicare Premiums by Filing a Single Form – But You Only Get 60 Days

A 66-year-old retires in December 2025 after a final year of $230,000 in salary and a deferred-compensation payout. Her first Medicare bill lands in February 2026

2026/06/19

Why JEPI Investors Gave Up $3,379 in Five-Year Gains

JEPI sells you monthly income. What it quietly sells away is your upside. Over the past five years, a $10,000 stake in the fund grew to roughly $14,479. The same

2026/06/19

Why TQQQ’s 112% Gain Masks a Structural Cost That Compounds Every Single Day

If you bought ProShares UltraPro QQQ (NASDAQ:TQQQ) thinking you were getting three times the Nasdaq-100 for the long haul, the fund’s own math has a different plan

2026/06/19

We Asked Claude What Would Have to Break for XRP to Fall to $1

XRP (CRYPTO:XRP) is trading around $1.14, which is close enough to the $1 support level. The coin already touched $1.07 earlier this month, its lowest since November

2026/06/19

ChatGPT Almost Cost This Guy $50 Million With Incredibly Dumb Advice

Celebrity real estate agent Ryan Serhant has a story that should stop every homebuyer and seller from treating ChatGPT like a financial advisor. In a recent CNBC

2026/06/19

The IRMAA Surprise That Costs 401(k) Holders $1,783 a Year in Hidden Medicare Premiums

A 63-year-old with $1.4 million in a traditional 401(k) starts running Roth conversion projections at the kitchen table. The plan looks clean on paper: convert $

2026/06/19