Passive investing’s rise hasn’t ruined the stock market, says Jeremy Grantham’s GMO
The rise in passive investing marks one of the stock market’s “most profound changes” ever, but its popularity hasn’t ruined the market, according to analysis...
U.S. trade representative ‘assessing’ response after Canada enacts digital-services tax
The U.S. is assessing what trade measures it could deploy against Canada after the country’s Liberal government enacted a digital-services tax, according to an official...
Serena Williams once tried to deposit a $1 million check at her bank’s drive-thru. Here’s why you can’t do that.
Large deposits do not go unnoticed by financial institutions — and for good reason, experts note.
Money is the ‘tip of the iceberg’ in assessing big donors’ political influence, study finds
Money isn’t everything when it comes to the top political donors, according to a recent working paper circulated by the National Bureau of Economic Research...
Are 70% discounts on office buildings enough? Billionaire investor Howard Marks isn’t sure.
The legendary Oaktree Capital investor sees a reckoning ahead for commercial real estate and highly leveraged companies.
Sorry, but retiring ‘comfortably’ on $100K is a myth for most people. Here’s why.
There are a lot of ifs involved in just being “okay” at that savings level too.
Don’t Sell Your Rental Property If You Don’t Have To
If you own a rental property and are thinking of selling, don't do it unless you absolutely have to. To build great wealth, aim to...
U.S. consumer credit picks up in May
Total consumer credit rose $11.3 billion in May, up from a $6.5 billion gain in the prior month, the Federal Reserve said Monday.
Bridgewater’s Greg Jensen says the AI craze is not like the 1990s dot-com bubble
Greg Jensen, co-CIO of hedge fund Bridgewater Associates, said the current stock-market enthusiasm around artificial intelligence is different from the dot-com bubble that burst 24...