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David Swensen, Who Revolutionized Endowment Investing, Dies at 67 At Yale, a colleague said, he showed "there was a way to compete hard and well in financial markets, but to have our lives be about something that mattered more.".
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Money Stuff: Dogecoin Is Up Because It's Funny A potential trigger for the latest leg up: Tesla Inc. co-founder and crypto fan Elon Musk is appearing on Saturday Night Live this weekend, spurring speculation he may talk up Dogecoin again on the comedy show.
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Trading rebound boosts earnings at France's SocGen PARIS (Reuters) -Societe Generale will press ahead with an overhaul of its investment bank after its equities division posted its best performance in six years in the first quarter, the French bank said on Thursday. FILE PHOTO: The facade of a building of the ...
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Fed Warns of Peril for Asset Prices as Investors Gorge on Risk A rising appetite for risk across a variety of asset markets is stretching valuations and creating vulnerabilities in the U.S. financial system, the Federal Reserve said in its semi-annual financial stability report. "Vulnerabilities associated with elevated risk appetite ...
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BOE Slows Bond Buying as UK Economic Recovery Gathers Pace The rebound's strength convinced outgoing Chief Economist Andy Haldane to cast a sole minority vote to cut the target for bond purchases. Spending Spree. The Bank of England's Covid ...
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The Hottest Trends in ETFs This Year Her $20 billion flagship ARK Innovation ETF (ARKK) and ARK Next Generation Internet (ARKW) ETF had triple-digit returns in 2020, thanks to concentrated positions in hot stocks such as Tesla. They're both down year-to-date, however, while the S&P 500 index ...
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GoPro Announces First Quarter 2021 Results Q1 2021 GAAP and non-GAAP operating expenses decreased 13% and 17% year-over-year to $82 million and $73 million, respectively. Adjusted EBITDA for Q1 2021 was ...
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BOE Foresees Biggest UK Spending Boom Since Thatcher Era The Bank of England expects the biggest surge in household spending since 1988 -- when Margaret Thatcher was prime minister -- to help power a strong economic rebound after the pandemic. Officials, led ...
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Jamie Dimon calls Biden's tax hike plan 'a little crazy' New York (CNN Business) Several top business leaders have backed President Joe Biden's plan to raise taxes on large corporations and the wealthy and spend more on infrastructure. But JPMorgan Chase CEO Jamie Dimon wants to see more details.
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Canada's Alberta temporarily tweaks environmental liability for oil sands mines The Canadian province of Alberta said on Thursday it will allow oil sands mining companies to change how they calculate environmental liabilities this year, to take into account the wild swings of 2020, when oil prices turned negative. Producers would be on ...
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