Financial News You Can Depend On

Which company just hit $1 trillion? Google it.


As Google-parent Alphabet Inc became on Thursday the fourth U.S. company to top a market value of more than $1 trillion, some funds holding its shares are wondering whether now is the time to cash in...

'Green is good.' Is Wall Street's new motto sustainable?


If you have gone to Goldman Sachs Group Inc's internet home page since mid-December, it would be reasonable to wonder if you had stumbled into some kind of parallel universe.

Activist hedge funds stepped up calls for asset sales and spin-offs in 2019: data


Hedge funds that push for change at corporations stepped up their demands for asset spin-offs and sales last year, making them part of nearly half of all activist investor campaigns waged in 2019,...

ValueAct's Ubben cheers BlackRock's new stance on climate change


Investor Jeffrey Ubben, already betting there is money to be made from coaxing corporations into being better citizens, gained an ally on Tuesday when BlackRock Inc chief Laurence Fink told companies...

In next war, soldiers will leave their smartphones at home: Peter Apps


As the 1st Brigade Combat Team of the U.S. 82nd Airborne Division departed for the Middle East amid rising tensions with Iran, their divisional commander gave a simple order. All personnel entering...

Your money: Avoid divorce money regrets by taking control now


Emotions -- and expenses -- often run high during a divorce, but people and their bank accounts can bounce back given enough time. A new study from Fidelity Investments, released Tuesday, shows that...

Risk of pension meltdown grows due to inaction by U.S. Congress


The window is closing on the chance to avert a pension meltdown that will slash the retirement benefits of more than a million U.S. workers.

Your Money: Ditch the Resolution - Do a year-end review instead


It is hardly a secret that people rarely stick to New Year's resolutions - only about 8% of people actually make it to the finish line with their goals, according to studies from the University of...

How risky ETFs won the decade - and why they might not repeat that performance


Exchange-traded funds that use leverage to offer double or triple the daily return of benchmark U.S. stock indexes rank among the 10 top-performing funds of the decade, with returns that in some...

Activist hedge fund Marcato Capital to shut down after drop in assets


Activist hedge fund Marcato Capital Management, backed by Blackstone Group and billionaire William Ackman, is shutting down as assets have shriveled after two years of poor returns, sources said on...

D.E. Shaw's Orienteer strategy posts double-digit returns this year


D.E. Shaw's Orienteer platform, the backbone of the $50 billion investment firm's multi-asset class offerings, posted high double-digit returns this year, the best ever in its six year lifetime.

SEC proposes allowing more investors access to private companies


The U.S. Securities and Exchange Commission on Wednesday proposed changes to its decades-old definition of a professional investor in order to allow more Americans to buy shares in private companies.

U.S. retirement legislation aims to improve workplace saving, income options


(The opinions expressed here are those of the author, a columnist for Reuters.)

Fund investors pull back from U.S. stocks as year-end nears


U.S. fund investors started closing the books on 2019 by withdrawing more than $10.9 billion from mutual funds and exchange-traded funds that hold domestic stocks last week, the largest pullback...

YOUR MONEY - Don't die yet: new U.S. law will muddle estate plans


It is not often that a spending bill in Congress will make regular Americans run to their financial planners for emergency help before the holidays. But the Senate is poised to pass a spending bill...

Presidential Material: Life Lessons with Bellamy Young


The United States may not have had a woman president quite yet, but on TV it certainly has. One of those was Mellie Grant, the character played by Bellamy Young on the Shonda Rhimes hit “Scandal”...

How can Generation Z compete with robots? Focus on the human touch


It sounds counterintuitive, but members of Generation Z will have to focus on human connections if they want to compete with robots for the jobs of the future.

Sustainable investors face squeeze as larger firms move in


Specialized fund managers who pioneered green investing for decades are missing out on some of the spoils as the sector goes mainstream and large firms move in.

YOUR MONEY: Year-end money moves for your ETFs


Tax-loss harvesting is all about finding losers in your investment portfolio to offset winners so you pay less tax.

U.S. banking regulators unveil proposal to update low-income lending standards


Two U.S. banking regulators unveiled a proposed overhaul to community lending standards on Thursday, kicking off a contentious policy fight over the proper way to ensure banks are supporting...

Market Snapshot: Dow futures rise, stocks will aim to cap a record-setting week with a flourish higher


U.S. stock futures head higher Friday morning, setting the three main equity gauges up for new records in just the third week of the year, after data on new U.S. home construction showed it surging to 13-year highs in December.

Metals Stocks: Gold prices rise and hold gains above $1,550, but futures set for weekly slip


Gold futures head solidly higher Friday morning, but the yellow metal is on pace to book a slight weekly decline as a rally in assets considered risky, push stocks to all-time highs, helping to undercut some demand for assets perceived as havens.

How and when prudent investors ought to buy these 5G stocks


Don’t believe the hype, yet, on the 5G revolution — there will be plenty of opportunities to cash in later.

NewsWatch: From a U.S. stock surge to a bursting of China’s triple bubble, here are 10 possible shockers for 2020, according to Credit Suisse


The Credit Suisse global strategy team’s annual surprise predictions include a surge in U.S. stocks and a bursting of the Chinese bubble.

New-home constructions skyrocket in December to a 13-year high, but significant headwinds remain


Warmer-than-usual weather gave a boost to residential construction across the country.

This U.S. company will benefit as China tries to catch up in semiconductors


In an attempt to reduce dependence on the U.S., China is likely to ramp up its semiconductor manufacturing and design capabilities.

This is why Signet Jewelers’ stock had its best day in more than 27 years


Shares of Signet Jewelers Ltd. blasted off Thursday, to their biggest one-day gain since the mid-1990s, after a strong holiday sales performance helped flip the fourth-quarter sales outlook to growth from a decline.

Market Extra: Trump’s trade deal beat market expectations, but won’t boost earnings, analysts say


Markets appear to be impressed by the substance of the U.S.-China trade deal, unveiled by President Trump at a White House signing ceremony Wednesday.

Deep Dive: Big banks’ businesses are improving, putting their stocks in a sweet spot


The group’s valuations are very cheap relative to the S&P 500.

Need to Know: From a U.S. stock surge to a bursting of China’s triple bubble, here are 10 possible shockers for 2020, according to Credit Suisse


The Credit Suisse global strategy team’s annual surprise predictions include a surge in U.S. stocks and a bursting of the Chinese bubble.


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