Robinhood CEO defends payment for order flow, says practice is ‘here to stay’
Robinhood CEO Vlad Tenev says he doesn’t believe that the payment for order flow (PFOF) model of market-maker routing that…
Charlie Munger said Berkshire would be worth double if he and Buffett used leverage
The late investment icon Charlie Munger said Berkshire Hathaway, the conglomerate he and Warren Buffett built over the last five…
Munger and Buffett were unable to pull off one last deal together using Berkshire’s $157 billion in cash
Charlie Munger didn’t manage to help pull off one final deal with his lifelong partner Warren Buffett, but he remained…
China consumption shows ‘no sign’ of a strong V-shaped recovery, McKinsey says
BEIJING — China’s consumer isn’t going to be spending big anytime soon, which means companies need to be more strategic…
SEC meets with Grayscale, BlackRock about potential bitcoin ETFs
The U.S. Securities and Exchange Commission is formally engaging with asset managers ahead of a much anticipated decision on whether…
Cathie Wood’s Innovation ETF is up 31% in November, notching its best month ever
Cathie Wood notched her best month ever as her holdings of innovative technology stocks roared back from steep losses amid…
Return to office is ‘dead,’ Stanford economist says. Here’s why
The share of workers being called back to the office has flatlined, suggesting the pandemic-era phenomenon of widespread remote work…
