Actively managed funds can outperform during periods of volatility, but investors will have to do their due diligence. Story Published at: April 28, 2023 at 07:32PM
Actively managed funds come with unique risks and rewards. Here’s how investors can pick a winner
Mark Cuban says he could get people to pay $100 for Twitter’s blue checkmarks—Elon Musk’s strategy is a ‘huge mistake’
Billionaire entrepreneur Mark Cuban said Elon Musk made a “huge mistake” with Twitter’s new blue checkmark system. Here’s what he recommended instead.Story Published at: April 28, 2023 at 06:13PM
Tech earnings calls show mega-cap companies going big on A.I. as they cut costs elsewhere
In their calls with analysts this week, Alphabet, Microsoft, Amazon and Meta emphasized their hefty investments in large language models. Story Published at: April 28, 2023 at 05:04PM
First Republic most likely headed for FDIC receivership, sources say; shares drop 20%
The stock has fallen more than 90% this year as investors have lost confidence in the bank after two regional lenders failed in March.Story Published at: April 28, 2023 at 03:47PM
Key inflation gauge for the Fed rose 0.3% in March as expected
Story Published at: April 28, 2023 at 01:40PM
Ukraine should use China as leverage to help win the war with Russia, minister says
Ukraine’s finance minister said Kyiv should use its bilateral relationship with China as leverage to help bring an end to Russia’s full-scale invasion.Story Published at: April 28, 2023 at 09:58AM
Euro zone economy ekes out 0.1% growth in first quarter, misses expectations as Germany stagnates
The euro zone has published first quarter gross domestic product figures. Story Published at: April 28, 2023 at 10:11AM
China’s top leaders say the economy doesn’t have enough ‘internal’ drive
China’s top leaders said at a regular meeting Friday that domestic demand is still insufficient, according to state media.Story Published at: April 28, 2023 at 08:51AM
IMF warns of ‘disorderly’ house price corrections in Europe as interest rates move higher
The IMF said that the European Central Bank needs to be increasing rates until mid-2024 to fight inflation.Story Published at: April 28, 2023 at 07:01AM
Wall Street predicted a big surge for oil this year. But prices are now lower
Macroeconomic concerns have once more deflated oil prices near $80 barrels per day, despite a further voluntary cut coordinated by some OPEC+ members.Story Published at: April 28, 2023 at 06:09AM