Optimism for American Agriculture Highest in 4 Years: Farmer Survey
Farmer sentiment in the United States jumped in May from the previous month, with producers expressing a more optimistic view of American agriculture trade prospects, Purdue University said in a June 3
The Purdue University-CME Group Ag Economy Barometer index hit 158 last month, up by 10 points from April, and has now recorded the highest level since May 2021. The index
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Axios
an hour ago
- Axios
Trump shrugs off possible reconciliation with Musk
President Trump said he assumes his relationship with Elon Musk has ended and that he has no desire to repair it after the pair publicly fell out last week. "I think it's a shame that he's so depressed and so heartbroken," Trump said of the billionaire in a phone call with NBC News' Kristen Welker. The big picture: Trump's comments also came with a warning to Musk when the president said the Tesla CEO could face "serious consequences" should he fund Democratic candidates in the next election running against Republicans who vote for Trump's "big, beautiful bill." The billionaire, who contributed more than $290 million to Republicans in the 2024 election but has since said he'd cut back on political spending, posted last week that politicians "who betrayed the American people" should be fired in November. Trump declined to elaborate on what the consequences would be for Musk. House Speaker Mike Johnson (R-La.) said in a Sunday interview on ABC's "This Week" that it would be a "big mistake" for Musk to go after Republicans who vote for the bill. Driving the news: Trump said he has no plans to speak to the Tesla CEO during the Saturday phone interview with Welker. Asked if he thought his relationship with Musk was over, Trump said he "would assume so." He accused the once-close administration ally of being "disrespectful to the office of the President." Catch up quick: The alliance between Trump and the former chainsaw-wielding face of DOGE exploded last week as Musk continuously campaigned against the massive tax-and-spending package, blasting it as a "disgusting abomination." Speaking to reporters during an Oval Office appearance alongside German Chancellor Friedrich Merz Thursday, Trump said he was "very disappointed" in Musk, who he claimed was very familiar with the inner workings of the legislation. While Trump talked, Musk fired back in real-time on X, claiming in one post that Trump would have lost the election without him. Zoom in: In one post that appears to have been deleted, Musk accused the president of being "in the Epstein files." Trump told NBC that it's "old news."
Yahoo
an hour ago
- Yahoo
‘Recipe for disaster': Tony Robbins blasts US retirees for relying on Social Security — how to avoid the trap
Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. Tony Robbins, the well-known motivational speaker, warns that the most popular approach to Social Security is also the most dangerous. On his blog, he says relying on the program as the foundation of your retirement plan is a 'recipe for disaster." Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's how BlackRock CEO Larry Fink has an important message for the next wave of American retirees — here's how he says you can best weather the US retirement crisis Nervous about the stock market in 2025? Find out how you can access this $1B private real estate fund (with as little as $10) Here's why Robbins encourages people to look beyond this safety net and why a growing number of working-age Americans are already leaning towards alternative strategies. For most Americans over the age of 65, an average monthly Social Security benefit of $2,000 isn't enough. Data from the Consumer Expenditure Surveys (CE) program shows that retired households spend over double that every month. The program's sustainability is also in doubt, meaning future retirees could potentially see even lower benefits. Trust fund assets are expected to be depleted by 2033, according to the Social Security Administration (SSA), while the Trump administration's proposed tax cuts could deplete the funds in as little as six years, according to Marc Goldwein of The Committee for a Responsible Budget. In other words, Social Security might not be a solid foundation for your retirement plan. 'Time to get your head out of the sand and do some easy number crunching to find out where you are and where you need to be,' Robbins wrote in a blog post. Robbins goes on to encourage working-age Americans to create their own nest egg. Instead of relying on Social Security, it could be a good idea to start building out an independent retirement fund as soon as you can. Robbins recommends targeting savings of roughly 20 times your annual expenses. This can be coupled with the 4% withdrawal rule, which means you can safely use 4% of these assets after adjusting for inflation to meet your living expenses without depleting your funds over the long term. To reach that level of savings, it's important to start investing early and often. Read more: Rich, young Americans are ditching the stormy stock market — The key to building a robust portfolio for the long run is spreading your wealth across different asset types. As you approach retirement, you'll often need to sell off assets to maintain your lifestyle. But if all of your investments are in a single stock, and that stock is down when you want to retire, what will you do? That's why diversification is key. The stock market has see-sawed during 2025 due to a combination of geopolitical uncertainty and shifting economic priorities, driven in part by U.S. tariff negotiations. This is one reason why considering inflation-resistant investments for your retirement, such as gold, may be worthwhile. This precious metal is typically more stable than stocks during economic downturns and recessions. In April 2025, gold breached the $3,000 per ounce benchmark. What's more, JP Morgan Chase predicts that gold could soar to $4,000 per ounce in 2026. To capitalize on gold's growth potential while also securing tax advantages, one option is opening a gold IRA with the help of Priority Gold. Gold IRAs allow investors to hold physical gold or gold-related assets within a retirement account, thereby combining the tax advantages of an IRA with the protective benefits of investing in gold against economic uncertainty. When you make a qualifying purchase with Priority Gold, you can receive up to $10,000 in free silver. According to a Deloitte survey, 89% of wealth managers believe art and collectibles should be a part of a wealth management offering. That could be a sign it's worth considering this physical asset as a part of your retirement strategy. This market has traditionally been the domain of the ultra-rich, but now you don't need to be an expert in art to take advantage of this asset class. Platforms like Masterworks simplify the process of art investing, allowing everyday investors to buy fractional shares of blue-chip artwork from iconic artists like Picasso, Basquiat and Banksy. Like blue-chip stocks, these are pieces of art that tend to only increase in value over time. This can make it easier to diversify your portfolio without the complexity and cost of managing art investments on your own. Through 23 exits so far, investors have realized representative annualized net returns like 17.6%, 17.8% and 21.5% among assets held for longer than one year. You can get VIP access and skip the waitlist here. See important Regulation A disclosures at Then there's real estate. For most people, this means purchasing a home, but there are now ways to invest without amassing a sizable down payment and taking on a mortgage. For instance, with Arrived, you can invest in rental homes and vacation rentals, curated and vetted for their appreciation and income potential. Backed by world-class investors like Jeff Bezos, Arrived makes it easy to fit these properties into your investment portfolio regardless of your income level. Their flexible investment amounts and simplified process allow investors to take advantage of this inflation-hedging asset class without any extra work on their part. For accredited investors, Homeshares gives access to the $34.9 trillion U.S. home equity market, which has historically been the exclusive playground of institutional investors. With a minimum investment of $25,000, investors can gain direct exposure to hundreds of owner-occupied homes in top U.S. cities through their U.S. Home Equity Fund — without the headaches of buying, owning or managing property. With risk-adjusted target returns ranging from 14% to 17%, this approach provides an effective, hands-off way to invest in owner-occupied residential properties across regional markets. JPMorgan sees gold soaring to $6,000/ounce — use this 1 simple IRA trick to lock in those potential shiny gains (before it's too late) Are you rich enough to join the top 1%? Here's the net worth you need to rank among America's wealthiest — plus a few strategies to build that first-class portfolio You're probably already overpaying for this 1 'must-have' expense — and thanks to Trump's tariffs, your monthly bill could soar even higher. Here's how 2 minutes can protect your wallet right now Access to this $22.5 trillion asset class has traditionally been limited to elite investors — until now. Here's how to become the landlord of Walmart or Whole Foods without lifting a finger This article provides information only and should not be construed as advice. It is provided without warranty of any kind.
CNBC
an hour ago
- CNBC
I'm a psychologist who studies couples: Here's what people fight about the most in relationships—and No. 1 will surprise you
Even the happiest couples encounter conflict. But what they fight about reveals a lot about what's missing in the relationship. As a psychologist who studies couples, I've found that there are many similar topics that come up again and again. And the first step to resolving the conflicts is to know what those topics are. According to a YouGov poll of 1,000 American adults, and based on my research, here are the most common reasons couples fight — and the psychology behind each one. A sour tone or attitude — a slightly raised voice, a sarcastic comment, an eye-roll mid-conversation — is by far the most common reason couples fight. To the person exhibiting it, it might not seem like a big deal. But to the partner on the receiving end, it hits a direct nerve because it signals contempt. In marital research, contempt is one of the most reliable predictors of divorce. Unlike overt criticism or stonewalling (shutting down emotionally), contempt disguises itself with non-verbal gestures and body language. How to move past it: Resist the impulse to strike back. Fighting fire with fire never works, so try naming the effect instead: "That felt condescending. Can we try again?" This gives your partner the chance to course-correct, and it doesn't instantly escalate things. If you're the one delivering the tone, check in with yourself before saying anything more. Are you feeling unheard? Frustrated? Overwhelmed? Pinpointing what's fueling the contempt is the first step to expressing yourself without hurting the relationship. Arguments about family relations often reflect fundamental misalignments and unmet needs. One partner might feel unsupported or sidelined, especially if their spouse seems to default to defending their side of the family. In situations involving children, arguments usually boil down to value clashes — where each partner feels like their core parenting beliefs are being dismissed. Neither partner is "right" or "wrong" in these scenarios. In fact, they're more than likely seeking the exact same thing: someone who's on their side. How to move past it: A good place to start is to reassure one another. For example: "I love my family, but you're still my partner. How can we find a solution that meets both of our needs and values?" Then talk about your limits as a team: what to do when a line is crossed, or how to show solidarity in front of others (even when you disagree privately). People often assume that arguments about chores are about the chores themselves — the dishes left in the sink, the laundry piling up, the trash that never gets taken out. But if that were true, these issues could be quickly fixed with a simple chore chart. Rather, the real problem is the uneven distribution of labor. According to research, one partner in a relationship usually shoulders the bulk of domestic work. But they aren't just folding the clothes and cooking the meals, they're also managing appointments, coordinating the bills and keeping mental tabs on everyone's well-being but their own. This "invisible load" goes largely unacknowledged, and that lack of recognition is usually where the fight starts. How to move past it: This dynamic can often be changed if the load is named out loud. Even just saying, "I didn't realize how much you were holding, thank you," gives your partner the acknowledgement they've been needing to hear. From there, work together to redistribute tasks in a way that feels sustainable. Fairness won't look like a 50/50 split every day, but it should feel like something you both have a hand in. This is one of the trickiest arguments to navigate. In many cases, by the time couples are arguing about they talk to each other, the original issue has likely already been lost in translation. For example, one partner is upset about an unfair distribution of chores, or they're frustrated with how their in-laws treat them. But when these concerns are brought up, research shows they can quickly go off the rails when the other engages with them ineffectively — or with hostility. If the conversation is met with defensiveness, criticism or stonewalling, the fight will shift its focus from the initial issue. Instead, it becomes a matter of how poorly the conversation is going. How to move past it: One simple strategy successful couples use is the "five second rule": They have a designated word or phrase that signals: "We're spiraling, let's take a time-out." This gives a much-needed pause, without the negative effects of storming out. When you return to the conversation, try to see eye-to-eye before continuing to air out your grievances: "I want to understand why you're upset, and I want you to understand the same for me. You share your side, then I'll share mine."
