ETFs can still compete in ‘stock picker’s’ market, investor says
Exchange-traded funds can still compete in today’s “stock picker’s” market, according to a top investor. “A lot of money is…
Home advantage? Why investors may want to avoid the international trade
Investors may want to reduce international exposure right now and stick with the home court. According to Main Management CEO…
Binance could lay off thousands as company buckles down for DOJ probe, source says
Crypto exchange Binance is laying off employees in response to an ongoing Justice Department probe that is likely to end…
Dimon says private equity giants are ‘dancing in the streets’ over tougher bank rules
JPMorgan Chase executives warned Friday that tougher regulations in the wake of a trio of bank failures this year would…
Citigroup posts better-than-expected earnings and revenue
Citigroup on Friday reported second-quarter earnings and revenue that topped expectations. Despite the beat, Citi’s revenue fell 1% from a…
JPMorgan Chase beats analysts’ estimates on higher rates, better-than-expected bond trading
JPMorgan Chase reported second-quarter earnings Friday that topped analysts’ expectations, as the company benefited from higher interest rates and better-than-expected…
Strategist David Roche says we’ll avoid a global recession, central banks will ‘change the goalposts’
The global economy will likely avoid a recession and central banks will need to “change the goalposts” on inflation, according…
June wholesale prices rise less than expected in another encouraging inflation report
The producer price index for June had a smaller-than-expected increase, the Labor Department reported Thursday, in the latest sign that…
