BARRON’S MAGAZINE – June 3, 2024 ISSUE:

Don’t Expect the Fed to Cut Interest Rates This Year

Chairman Powell and his team had hoped to lower rates in 2024. But sticky inflation, a strong economy, and calendar quirks are thwarting their plans.

Where to Find 7% Yields on Preferred Stock

Some preferred stock offers a far better yield than the 4.65% rate on 30-year Treasuries. Here’s what to know.

Rockefeller’s Giant Lives On. Energy Industry Mergers Are Resurrecting Standard Oil.

A series of the mergers and acquisitions are putting together the oil company that was broken up by the Supreme Court in 1911.