Can I refinance my late mother’s house? I’ve spent $20,000 on repairs — and I’m running out of money

‘My brother signed the paperwork giving me full responsibility of the property, due to him living in another country and not wanting to be bothered.’

ETF Wrap: Is a new ‘crypto’ fund the long-awaited bitcoin ETF in disguise

Every week we highlight the most timely exchange-traded fund news, from new launches to inflows and performance.

President Biden says ‘Israel has the right to defend itself’ as violence escalates

This is how Democrats and Republicans have responded to the Israel-Gaza crisis

This is a now-or-never moment to make U.S. manufacturing more competitive

Neither market forces nor a subsidy or tariff has moved the needle, so it’s time to try something else.

What inflation fears mean for your 401(k)

What’s an investor to do?

Colonial Pipeline paid nearly $5 million in ransom after cyberattack: report

Colonial Pipeline paid Eastern European hackers nearly $5 million in an untraceable cryptocurrency last week in response to a ransomware attack, Bloomberg reported Thursday, citing people familiar with the transaction. A Colonial spokesman didn’t immediately respond to a request for comment on the report. Colonial closed its pipeline, which feeds nearly 45% of fuel needs on the U.S. East Coast, over the weekend, resulting in fuel shortages across the southeastern U.S. The company announced Wednesday it would begin returning the pipeline to service. On Thursday morning, it reported “substantial progress” in safely restarting the pipeline system and said that product delivery was under way in a majority of the markets that Colonial serves. All markets were projected to begin receiving product by midday.

Poor nations don’t need patent waivers to obtain enough COVID vaccines to achieve herd immunity, they just need $4 billion

Production capacity isn’t holding back COVID vaccinations for the poorest countries, financing is. That’s easy to fix.

Tesla’s stock swings back to a loss, down 1.4% after being up as much as 2.8% earlier

‘Vaccine envy is real,’ says a Cleveland Clinic pediatrician. Here’s what she’s telling parents and teens about the COVID-19 vaccine

Regulators have given the go-ahead for younger teens to begin getting Pfizer’s COVID-19 shots, raising questions for some parents who want to better understand how a vaccine could affect their teenagers.

EIA reports a 71 billion cubic foot weekly rise in U.S. natural-gas supplies

The U.S. Energy Information Administration reported on Thursday that domestic supplies of natural gas rose by 71 billion cubic feet for the week ended May 7. That was generally in line with the average increase of 70 billion cubic feet forecast by analysts polled by SP Global Platts. The EIA said the data, however, included an adjustment to the week’s total to account for a reclassification of some gas stocks from working gas to base gas. Working gas is the volume of gas available in the market. Total stocks now stand at 2.029 trillion cubic feet, down 378 billion cubic feet from a year ago and 72 billion cubic feet below the five-year average, the government said. Following the data, June natural gas was up nearly 0.1% at $2.97 per million British thermal units. It traded at $2.96 shortly before the data.

Miners hammered, delivering losses for FTSE 100

Heavily weighted mining stocks tumbled in London on Thursday, dragging on the main indexes as investors continued to react to a shock U.S. consumer price reading a day earlier.

June natural gas at $2.99/mln Btus vs. $2.96 before supply data

EIA reports a weekly climb of 71 billion cubic feet in U.S. natural-gas supplies

Nasdaq Composite 1.5% higher at 13,224.30

SP 500 up 1.5% at 4,122.54

Dow up more than 500 points as stocks extend bounce

Global tally of COVID-19 cases tops 160 million as U.S. gears up to vaccinate 12- to 15-year-olds

The global tally of confirmed cases of the coronavirus-borne illness COVID-19 climbed above 160 million on Thursday, as the U.S. braced for the start of a vaccination program for 12- to 15-year-olds after an authorization from the nation’s main public health agency.

Lumentum downgraded to equal weight at Morgan Stanley

Lumentum stock price target cut to $86 from $116 at MKM Partners

ON24 stock price target cut to $45 from $65 at Canaccord Genuity

1Life Healthcare stock price target cut to $56 from $64 at Canaccord Genuity

BioNTech stock price target raised to $240 from $130 at Canaccord Genuity

Moog upgraded to buy at Canaccord Genuity, price target raised to $100 from $85

Heron’s stock rises after FDA approval of surgical medicine

Shares of Heron Therapeutics Inc. gained 3.0% in trading on Thursday after the company said the Food and Drug Administration had approved its non-opioid anesthetic for use in some surgical patients. The drug, Zynrelef, is expected to become available to hospitals in July. Heron’s stock is down 16.2% for the year, while the SP 500 is up 8.1%.