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Bitcoin plunge as Musk SpaceX sale is reported
NEWS INDUSTRY NEWS AUG 18, 2023
Bitcoin plunge as Musk SpaceX sale is reported

Cryptocurrency falls up to 8% in trading.

401(k) millionaires stage comeback in Q2 with market gains
RETIREMENT RETIREMENT PLANNING AUG 17, 2023
401(k) millionaires stage comeback in Q2 with market gains

This year's double-digit gains in the S&P 500 have helped swell retirement balances, Fidelity says.

House Republicans take anti-ESG campaign to CalPERS
RETIREMENT RETIREMENT PLANNING AUG 17, 2023
House Republicans take anti-ESG campaign to CalPERS

The California Public Employees’ Retirement System has turned over thousands of pages of documents in recent months to Congress.

Stocks mixed following hawkish Fed, bond yields sell-off intensifies
NEWS INDUSTRY NEWS AUG 17, 2023
Stocks mixed following hawkish Fed, bond yields sell-off intensifies

Signs that the Fed could continue on a tighter path has prompted investors to rethink strategies.

Banks 'largely blind' to nature loss risks to portfolios, report warns
INVESTING ESG AUG 17, 2023
Banks 'largely blind' to nature loss risks to portfolios, report warns

Financial firms' lack of oversight could result in higher costs, litigation and reputational damage.

Morgan Stanley cuts China forecast amid weaker investment
NEWS INDUSTRY NEWS AUG 17, 2023
Morgan Stanley cuts China forecast amid weaker investment

Wall Street firm says Chinese economy will lag into 2024.

Fed minutes to reveal preference for tightening
NEWS INDUSTRY NEWS AUG 16, 2023
Fed minutes to reveal preference for tightening

Few of the FOMC members were in favor of holding rates into 2024.

BlackRock among holders of embattled China bonds
NEWS INDUSTRY NEWS AUG 16, 2023
BlackRock among holders of embattled China bonds

Investors fear a missed payment, so which other firms are exposed?

Hedge fund says US hard landing and sell-off frenzy ahead
INVESTING ALTERNATIVES AUG 16, 2023
Hedge fund says US hard landing and sell-off frenzy ahead

Vantage Point Asset Management says people will be panicking.

Apollo impact investing co-head Marc Becker dies aged 51
NEWS INDUSTRY NEWS AUG 16, 2023
Apollo impact investing co-head Marc Becker dies aged 51

The private equity firm executive was battling cancer.