White House touts plan to provide $1K investment accounts for newborns
White House to host event with CEOs to promote "Trump Accounts" policy giving newborn U.S. citizens $1,000 investment funds for education, housing and business expenses.
Buffett's firm adds more Apple, slashes chipmaker and banks
Warren Buffett's company Berkshire Hathaway made several portfolio changes at the end of the year involving Apple and some big bank names.
GOP AGs urge lawmakers to reject Biden reversal of Trump-era rule limiting retirement funds in ESG companies
Attorneys general from 27 states sent Congress a letter Tuesday urging lawmakers to disapprove a Labor law allowing retirement companies to more freely invest in ESG companies.
Are ETFs a hedge for inflation?
Exchange-traded funds can be used as a hedge for retail and institutional investors during economic downturn and inflation.
Goldman Sachs CEO on probability of economic soft landing
David Solomon, the CEO of Goldman Sachs, on Tuesday discussed the probability of the U.S. economy experiencing a soft landing while appearing at a conference.
Retirees lost 10% of their savings in 2022, survey says
Inflation and market volatility has had a significant impact on retirees' savings, research shows. Here’s what you need to know.
Buffett's firm cuts stake in Chinese automaker
Warren Buffett's Berkshire Hathaway is reducing its stake in the Chinese automaker BYD to 12% after recent sales.
Disney proxy fight over for Iger, Nelson Peltz claims victory
Activist investor Nelson Peltz of the Trian Group has announced the of his proxy fight with the Walt Disney Co and CEO bob Iger after the entertainment company unveiled restructuring plan that included cost cuts and 7,000 layoffs.
Robert Downey Jr.-backed classic car company moving into old California Navy shipyard
Kindred Motorworks is opening a new headquarters and assembly building on California's Mare Island to build its high-end vintage vehicle conversions.
What factors should drive your ETF investment directives for 2023?
ETF industry members weigh in on the impact Exchange Traded Funds can have on an investor's portfolio. Argues that ETFs reduce volatility vs stocks and tax-burden vs mutual funds.
ETFs and your portfolio: Experts weigh in on what percentage to own
Exchange-traded funds, or ETFs, can offer investors tax benefits, lower risk, and diversification in their portfolios. Experts say ETFs are appealing to all types of investors.
Why America should ban crypto
Charlie Munger, Vice Chairman of Berkshire Hathaway, compares cryptocurrencies to gambling, and advises the US to follow England's solution to the South Sea Bubble of 1720.
JPMorgan Asset Management adds $500M of southern timberland
Forest carbon deals tend to happen in regions where mills have closed and log prices have declined. The market for timberlands topped $5 billion last year.
Cryptoverse: Big investors edge back to bitcoin
Bitcoin investors might finally be returning to cryptocurrency after the FTX collapse caused a crypto winter that saw the cryptocurrency industry take heavy losses.
Goldman Sachs’ David Solomon latest CEO hit with pay cut
Goldman Sachs CEO joins Apple’s Tim Cook as latest industry CEO hit with pay cut.
S&P’s SPY ETF, born from 1987 crash, hits monster status
SPY, the first listed exchange-traded fund, continues to earn its stripes 30 years after its debut, serving as a tool to access the S&P 500, the broadest measure of the stock market.
Juul in deal talks with three tobacco giants
Juul is looking for a new backer as FDA order banning its vaporette remains in limbo pending trial. Talks have included Philip Morris, Japan Tobacco Group, and Altria.
Goldman Sachs says 4 US cities will suffer a 2008 crash in home values
The U.S. is seeing continued skyrocketing interest rates and declining housing prices, and Goldman Sachs expects home values in 2023 to reach that of the 2008 housing crisis.
Social Security benefits could not keep up with inflation in 2022: The Senior Citizens League
Social Security benefits could not keep up with inflation in 2022, according to a report by The Senior Citizens League.
The first ETF launched 30 years ago, revolutionizing investing
ETFs began on Jan. 22, 1993 with the SPDR which tracks the S&P500 and is traded as SPY, now ETFs are ubiquitous and lauded for democratizing the stock market.
Goldman Sachs announces reduction in asset management investments
Goldman Sachs Group Inc's asset management arm will make significant reductions to the $59 billion of alternative investments that hurt the firm's earnings.



















