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Big-Tech Mutual Funds Soared 30% and More in the Past Year
Journal Reports: Investing Monthly Complex Fund Names May Be a Warning Sign for Investors By Derek Horstmeyer July 6, 2023 at 3:00 PM ET The
Rebound in Rates Puts Pressure on Banks
U.S. banks are poised for a rebound in unrealized losses on their bond and loan portfolios, after a surge in market interest rates. Source link
Lazard Fires Top Restructuring Banker Accused of Harassing Employees
Reid Snellenbarger is said to have acted inappropriately at a party he hosted over the weekend. Source link
A Trillion-Dollar Opportunity: China’s Pivot to the Middle East Set to Fuel Investment Boom
Middle Eastern sovereign-wealth funds have a lot of money to invest. More of it is set to go to Chinese businesses. The increasing economic links
Complex Fund Names May Be a Warning Sign for Investors
The more-wordy your fund name, the worse it does, says a professor who ran the numbers. But the reason isn’t clear. Source link
FIS to Sell Majority Stake in Worldpay for $11.7 Billion
Private-equity firm GTCR will hold a 55% stake following the deal that values the payment processor at $18.5 billion. Source link
U.S. Oil Boom Blunts OPEC's Pricing Power
U.S. petroleum production is on pace for a record-breaking year, helping to keep energy prices stable despite the efforts of Saudi Arabia and other major
U.S. Oil Boom Blunts OPEC's Pricing Power
U.S. petroleum production is on pace for a record-breaking year, helping to keep energy prices stable despite the efforts of Saudi Arabia and other major
Stocks Withstand Earnings-Day Declines From Goldman Sachs, Johnson & Johnson
Bank of America was among the other big companies reporting Tuesday. Source link