Passive investing rules Wall Street now, topping actively managed assets in stock, bond and other funds
As 2023 came to a close passive held more assets under management than active.
Judge loses patience with Trump lawyer in E. Jean Carroll sex assault defamation trial
Donald Trump clashed with the judge and complained about E. Jean Carroll’s testimony during her first day on the stand in his sex assault defamation trial.
Weekly jobless claims post lowest reading since September 2022
Initial filings for unemployment insurance totaled 187,000 for the week ended Jan. 13.
Pushback against Trump plays into the hands of the Chinese, Austria minister says
Liberal pushback against a likely highly divisive U.S. election will play into the hands of the Chinese, Austria’s Minister for Foreign Affairs, Alexander Schallenberg, said Thursday.
Government shutdown could disrupt upcoming tax season, IRS commissioner says
A government shutdown could disrupt the upcoming tax season, according to IRS Commissioner Danny Werfel. Here’s what filers need to know.
‘Fraud is at a crisis level,’ says expert: 5 financial scams to watch out for in 2024
Fraud costs consumers billions of dollars each year. Knowing the tactics criminals use can help you avoid getting scammed. Here’s how to protect yourself.
Jamie Dimon praises Trump, warns MAGA criticism could hurt Biden
Jamie Dimon admonished Democrats to be “more respectful” toward Donald Trump’s “MAGA” supporters, or else risk hurting President Joe Biden’s reelection bid.
Failed JetBlue buyout leaves Spirit Airlines with a tough path forward
Spirit, whose last profitable year was 2019, had challenges even before the ruling including grounded planes, softening demand and rising costs.
These energy stocks are cheap and poised for a breakout
Energy stocks have come under pressure so far this year as oil trades below $80 per barrel.
