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Corporate earnings in focus, Fed direction remains uncertain
RIA NEWS JUL 21, 2023
Corporate earnings in focus, Fed direction remains uncertain

Markets start Friday subdued as data suggests rate rises may continue.

Elon Musk loses $20B but remains world's wealthiest
RIA NEWS JUL 21, 2023
Elon Musk loses $20B but remains world's wealthiest

Tesla stock declined Thursday putting Musk just $33B ahead of luxury goods tycoon Bernard Arnault in the rich list.

FTX lawsuit alleges big bonuses, abuse of power, and a private island
REGULATION, LEGAL & COMPLIANCE JUL 21, 2023
FTX lawsuit alleges big bonuses, abuse of power, and a private island

The list of complaints against the collapsed crypto exchange executives is building.

Contentious ESG label dethroning green bonds, says former HSBC banker
FIXED INCOME JUL 20, 2023
Contentious ESG label dethroning green bonds, says former HSBC banker

While sustainability-linked bonds have come in for some criticism, they have the potential to dominate the roughly $6 trillion ethical debt market.

Big tech disappoints, Nasdaq futures slip
RIA NEWS JUL 20, 2023
Big tech disappoints, Nasdaq futures slip

Tesla and Netflix results were weaker than investors were expecting

Blackstone set to become first-ever $1T PE firm
RIA NEWS JUL 20, 2023
Blackstone set to become first-ever $1T PE firm

The private equity giant reports its results Thursday

BlackRock slammed for appointing oil firm CEO to board
RIA NEWS JUL 20, 2023
BlackRock slammed for appointing oil firm CEO to board

NYC comptroller says the asset manager's shareholders 'expect climate-competent, not climate-conflicted, directors.'

Goldman profit hit by real estate markdowns, dealmaking slump
RIA NEWS JUL 19, 2023
Goldman profit hit by real estate markdowns, dealmaking slump

The firm's earnings fell 58% during the second quarter, while its return on equity slid to 4% — the worst among top US banks. 

Wall Street earnings, AI stocks push S&P 500 higher
EQUITIES JUL 19, 2023
Wall Street earnings, AI stocks push S&P 500 higher

But markets are still uncertain about Fed’s moves, with data inconclusive.

Hundreds invested $63M in real estate deals, but where's the cash?
RIA NEWS JUL 19, 2023
Hundreds invested $63M in real estate deals, but where's the cash?

Crowdfunded investments in Atlanta and Miami real estate have allegedly disappeared with the property firm filing for bankruptcy.