investments
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Business
Why ‘capital preservation’ could be your riskiest — and worst — strategy for retirement
World peace. Calorie-free cheesecake. Sensible politicians with your interests at heart. Like all these pipe dreams, investment strategies promising both growth and capital preservation…
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Business
Goldman Sachs will reportedly fire more than 1,300 employees
David Solomon is sharpening the axe again. The Goldman Sachs CEO will slash more than 1,300 jobs as part of…
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Business
BlackRock support for ESG shareholder resolutions hits fresh low
BlackRock, the world’s biggest asset manager, cut its support for shareholder proposals linked to environmental and social issues to a…
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Business
Bill Ackman’s hedge fund bets on Nike in first new investments in over a year
Billionaire investor William Ackman built new stakes in sportswear company Nike and investment management company Brookfield during the second quarter, according to…
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Business
Jamie Dimon’s JPMorgan deputy sees power base eroded by boss
JPMorgan Chase CEO Jamie Dimon elevated executives at the banking giant who are seen as loyal to him — at…
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Tech
Silicon Valley cheers JD Vance, more tech billionaires back Trump
Donald Trump’s selection of Sen. JD Vance as his 2024 running mate is seen as a potential windfall for Silicon…
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Business
Rivian soars as Volkswagen plows $5B into EV maker: ‘Game changer’
Electric car maker Rivian’s shares soared 28% Wednesday after Volkswagen revealed it would invest up to $5 billion to jumpstart…
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Business
This stock index – which you maybe never heard of – is nearly as vibrant as tech
With AI hype dominating the stock market, you can probably guess – and guess correctly – that this year’s top-performing…
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Business
Carl Icahn owns sizable stake in Caesars Entertainment: report
Activist investor Carl Icahn has a sizable position in casino operator Caesars Entertainment, Bloomberg News reported Friday citing sources familiar with the…
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