The U.S. Securities and Exchange Commission tightened rules to enforce greater alignment between a fund’s name and its portfolio, in a move that could impact 75% of investment funds in the U.S. managing trillions of dollars in assets.
Investing News
Battery electric vehicles (BEV) accounted for a record 21% of all new car registrations in the European Union (EU) in August, the European Automobile Manufacturers’ Association (ACEA) said Wednesday.
If you’re looking for a flexible way to earn more interest on your savings, Fidelity Investment’s Cash Management Account offers a modest APY and unique perks worth considering.
Boeing on Wednesday raised its demand outlook for China, which could bode well for the country’s e-commerce retailers including Alibaba, JD.com, and Pinduoduo.
U.S. equities were mixed and bond yields fell at midday on Wednesday, Sept. 20, 2023, ahead of the Fed’s decision on interest rates.
CD rates have still been rising in several terms—setting a handful of new records. But rates are flat or fading in other terms. Is it a sign the CD rate party is winding down?
Learn which countries are among the top 25 economies in the world. The United States has been the largest for over a century, but China may soon overtake it.
Ford and Canadian labor union Unifor agreed on a last-minute deal that averted strike action in Canada, while striking workers in the U.S. warned of further action.
Find out about the top 10 wealthiest families in the world and how they made their fortunes.
Blockbuster listings for Instacart today and Arm last week may suggest that the sluggish initial public offering market may be turning. However, there may be reason to temper that optimism a little.
Annuities and bonds are two choices for investors seeking a steady income in retirement. Explore key differences in risks, costs, potential returns.
Almost half of CEOs surveyed by edX said most or all of their jobs could be completely automated or replaced by artificial intelligence.
U.S. equities fell on Sept. 19, 2023, with the S&P 500 Index lost 0.2% after investors’ concerns grew that the Federal Reserve would once again raise benchmark rates this year.
Rates on 30-year mortgages have yo-yoed since spiking to a 22-year high earlier this month. The latest 30-year average has jumped 16 points higher to 7.76%, but still sits lower than the peak.
Shares of grocery delivery company Instacart are set to start trading on the Nasdaq on Tuesday under ticker “CART” after setting its IPO price at the top of its range at $30 per share, valuing the company at about $10 billion.
HSBC’s was fined $1.9 billion in 2012 for its flawed anti-money laundering controls. It ranked as one of the largest fines imposed on a bank in the U.S. up to that time.
A personal loan contract and personal loan agreement accomplish the same task: helping you understand the terms of a money lending contract.
Buffett has said that fear that leads to superior investment opportunities may be caused by macroeconomic events or short-term, non–moat damaging business results.
Warren Buffett has consistently ranked high on the Forbes list of billionaires. He has a careful methodology for evaluating stocks and investing and he shares some tips.
The group life insurance your employer provides may not be enough to cover your family’s needs. That’s where supplemental life insurance comes in.