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BlackRock pushes to the fore in private-asset ETF race
INVESTING ALTERNATIVES JUL 31, 2024
BlackRock pushes to the fore in private-asset ETF race

The high-stakes contest among major money managers hinges on their ability to solve some technical and regulatory challenges.

Wall Street veteran 'Dr Doom' to enter $9.4T ETF space
INVESTING ETFS JUL 31, 2024
Wall Street veteran 'Dr Doom' to enter $9.4T ETF space

Economist Nouriel Roubini is co-founder of Atlas Capital Team.

Major central bank may hold rates amid stubborn inflation
NEWS INDUSTRY NEWS JUL 31, 2024
Major central bank may hold rates amid stubborn inflation

The Fed is not the only policymaker that is keeping investors waiting.

Accounting rulemaker says climate risk should be more prominent
NEWS INDUSTRY NEWS JUL 31, 2024
Accounting rulemaker says climate risk should be more prominent

IASB wants to see it reflected in balance sheets, financial statements.

Despite tight budgets, Americans still want their cup of Joe
NEWS INDUSTRY NEWS JUL 31, 2024
Despite tight budgets, Americans still want their cup of Joe

Starbucks results in line with expectations as fewer customers spend more.

Court tosses elderly Hermes heir's $13B fraud claim against ex-wealth manager
NEWS INDUSTRY NEWS JUL 30, 2024
Court tosses elderly Hermes heir's $13B fraud claim against ex-wealth manager

Court ruling says allegation of "gigantic fraud" could not be proven as the octogenarian placed "blind trust" in his former advisor.

Bill Ackman's US fund set to debut at $2B following IPO delay
NEWS INDUSTRY NEWS JUL 30, 2024
Bill Ackman's US fund set to debut at $2B following IPO delay

The launch setback comes after SEC update indicating a sharp dropoff in expected proceeds from the deal.

Jared Kushner linked firm loses $36B on paper, in minutes
NEWS INDUSTRY NEWS JUL 30, 2024
Jared Kushner linked firm loses $36B on paper, in minutes

QXO shares slumped 81% in after-market trading Monday.

Short-seller Andrew Left says he's not guilty of fraud
NEWS INDUSTRY NEWS JUL 30, 2024
Short-seller Andrew Left says he's not guilty of fraud

Prosecutors allege market manipulation, court sets $4M bond.

Morgan Stanley economist to head up new wealth management team
NEWS INDUSTRY NEWS JUL 30, 2024
Morgan Stanley economist to head up new wealth management team

Ellen Zentner will lead the new thematic and macro investing unit.