Trump net worth down $1B as media firm tumbles 21%
Interest in the firm has eased since its SPAC-based launch last week.
UBS will buy back up to $2B of its shares this year
New program to start this week in a sign of confidence.
Home insurance premiums heading still higher
The average premium for homeowners insurance is expected to rise 6 percent this year, following an increase of roughly 20 percent over the past two years, amid intensifying natural disasters.
Overfunded pension plans like Kodak’s pose $137B opportunity
Buoyant markets and rising rates have turned defined-benefit plans from costly legacies into unexpected nest eggs.
Stocks rise as US inflation data still suggest rate cuts
As rise in key measure cools, investors bet Fed will cut this year.
Record high for gold as trio of drivers converge
Rate bets, geopolitics and demand all supporting gains.
World Bank warns of slowdown for APAC economies
China is among the economies where GDP is expected to weaken.
Actively managed emerging-market ETFs capture outsize share of flows
Developing nation stocks are trading at a discount of about 43 percent compared to peers in the US, just shy of the biggest valuation gap on record.
Bankman-Fried gets 25 years in prison for FTX fraud
'There is a risk that this man will be in a position to do something very bad in the future,' the judge says. 'And it’s not a trivial risk. Not a trivial risk at all.'
B. Riley gets extension to file audited financials
The firm has been given until April 29 under its existing credit agreement with Nomura Holdings, it said in a filing.