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.
Top NFL Draft prospect Kayvon Thibodeaux partners with eBay to release new trading card
Former Oregon star edge rusher Kayvon Thibodeaux, one of the top prospects heading into next month’s NFL Draft, unveiled his new trading card and silver round at The MINT Collective in Las Vegas over the weekend, an opportunity he hopes will showcase him as both "a business mogul and as a football player."
Goldman Sachs to acquire automated corporate retirement planning adviser NextCapital Group
The transaction is expected to close in the second half of 2022, subject to regulatory approval and other closing conditions. Financial terms of the deal were not disclosed.
Morgan Stanley to enter ETF market
Morgan Stanley is readying a "first-class ETF platform" to meet ballooning demand.
Russian stock market to resume trading of 33 companies
The Moscow Stock Exchange is slated to resume trading of 33 companies in the benchmark MOEX Index from 9:50 a.m. to 2 p.m. local time on Thursday.
Goldman warns markets too relaxed on Russia-Ukraine war risks
Global markets may be underestimating the downside risks posed to stocks by the ongoing war between Russia and Ukraine, according to Goldman Sachs strategists.
Goldman Sachs makes OTC crypto trade, a first for major Wall Street Bank
Goldman Sachs has executed its first over-the-counter cryptocurrency transaction, marking a significant step towards possible wider adoption among major Wall Street banks.
PayPal, Venmo raise fees on cryptocurrency trades of up to $200
Effective Monday, cryptocurrency trades between $1 and $4.99 will incur a charge of 49 cents, while trades between $5 and $25 will be charged 99 cents, trades between $25 and $75 will be charged $1.99 and trades between $75 and $200 will be charged $2.49.
Warren Buffett's Berkshire Hathaway to buy Alleghany for $11.6B
Warren Buffett’s Berkshire Hathaway is buying insurance company Alleghany Corporation for $11.6 billion, or $848.02 per share in case, the company announced on Monday.
Amazon closes $8.45B MGM acquisition
Amazon has closed its $8.45 billion acquisition of Metro-Goldwyn-Mayer Studios as it looks to boost its streaming service offerings to compete with entertainment rivals Netflix and Disney.
Goldman says Ukraine-Russia war could trigger US economic recession
Goldman Sachs economists warned the probability of the U.S. economy plunging into a recession in the next year has risen dramatically in the wake of the Russia-Ukraine war.
Sycamore and Hudson’s Bay prepare Kohl’s bids
Private-equity firm Sycamore Partners and Canada’s Hudson’s Bay plan to submit takeover bids for Kohl’s Corp. that could value Kohl’s above $9 billion, according to people familiar with the matter.
AMC Entertainment buys stake in gold, silver miner Hycroft
As AMC Entertainment works toward a full recovery from the COVID-19 pandemic, CEO Adam Aron has announced the movie theater chain is making a "bold diversification move" by purchasing a stake in gold and silver miner Hycroft.
Goldman Sachs cuts US growth forecast as commodity prices bite
Goldman Sachs analysts downgraded their forecasts for U.S. economic growth for this year, reckoning that spikes in oil and other commodities since Russia's invasion of Ukraine will hurt spending.
Goldman Sachs becomes first Wall St. firm to exit Russia
Goldman Sachs has become the first Wall Street firm to suspend its operations in Russia following the country's invasion of Ukraine.
Elon Musk, Marc Andreessen mock ESG investing
Musk and Andreessen's criticism comes as investors have started mulling whether ESG rules should be updated to allow for investment in defense companies amid Russia's invasion of Ukraine.
Inflation-fighting ETFs: How to invest
The Amplify Inflation Fighter ETF provides investors with access to a mix of stocks and commodities that seek to benefit directly or indirectly from inflation.
Russian central bank restarts gold buying
Investors are back seeking the safety of the gold as a hedge to both Russia, Ukraine tensions, as well as inflation.
Buffett laments lack of good investments even as Berkshire profit sets record
Warren Buffett on Saturday signaled he will stick to his knitting, bemoaning the lack of good investment opportunities for Berkshire Hathaway Inc as it sits on a massive pile of cash even after repurchasing a huge amount of its own stock.
SEC proposes rules for more disclosure from short sellers
Under the proposed rules, market participants that hold large short positions in stocks would be required to report those positions and related short-sale activity to the SEC on a monthly basis. The agency would then aggregate and publish that data for each security, while keeping the identities of money managers and individual short positions confidential.
Major mutual fund companies double down on explaining market volatility during unrest
Market volatility in the wake of Russia's invasion of Ukraine led major mutual fund companies to reiterate guidance to investors on weathering the storm.




















