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Jackson Hole conference begins, here's what's expected
NEWS INDUSTRY NEWS AUG 25, 2023
Jackson Hole conference begins, here's what's expected

The annual gathering of economic minds has some tough questions to consider.

What is R* and why does it matter to bond traders?
NEWS INDUSTRY NEWS AUG 25, 2023
What is R* and why does it matter to bond traders?

The interest rate metric is a key topic of discussion ahead of the Jackson Hole symposium.

Trouble ahead for tech stocks that even AI can't fix
NEWS INDUSTRY NEWS AUG 25, 2023
Trouble ahead for tech stocks that even AI can't fix

BofA strategists warn of more challenging times ahead for outperforming sector.

BlackRock backs fewer proposals on climate, social issues
INVESTING ESG AUG 24, 2023
BlackRock backs fewer proposals on climate, social issues

The fund company supported almost 7% of proposals in the 12 months ended in June, down from 22% in the year-earlier period.

Nvidia smashes Wall Street forecast amid AI boom
INVESTING EQUITIES AUG 24, 2023
Nvidia smashes Wall Street forecast amid AI boom

The chipmaker's shares soared toward a record high before the bell.

Why bonds are the best since the financial crisis
INVESTING FIXED INCOME AUG 24, 2023
Why bonds are the best since the financial crisis

Investors are weighing prospect of higher rates for longer.

Judge orders $500K royalties must go to R. Kelly victims
NEWS REGULATION AND LEGISLATION AUG 24, 2023
Judge orders $500K royalties must go to R. Kelly victims

The disgraced singer is serving a 30 year jail sentence.

Four major banks settle stock-lending suit
RETIREMENT RETIREMENT PLANNING AUG 23, 2023
Four major banks settle stock-lending suit

Pension funds led by the Iowa Public Employees' Retirement System brought an antitrust action related to the banks' control of the market for stock loans used for hedging and short selling.

US futures rise but markets await Nvidia, rate signals
NEWS INDUSTRY NEWS AUG 23, 2023
US futures rise but markets await Nvidia, rate signals

Data and Fed chair's Jackson Hole speech all ahead.

Gold continues to shine as a hedge against uncertainty
NEWS INDUSTRY NEWS AUG 23, 2023
Gold continues to shine as a hedge against uncertainty

Fund managers are holding or increasing allocations despite recent price decreases.