Category: Stocks and Bonds

The Week in Business: Upheaval in China

The labor market showed continued resilience. President Biden signed legislation averting a rail strike. And a near-total embargo on Russian oil takes effect.
Actively Managed Mutual Funds Consistently Fail to Beat Markets, Study Finds

No actively managed stock or bond funds outperformed the market convincingly and regularly over the last five years. Index funds have generally been better.
Sam Bankman-Fried Interview: Read the Transcript

In a discussion with Andrew Ross Sorkin of The New York Times, Sam Bankman-Fried blamed “huge management failures” and sloppy accounting for the collapse of the FTX cryptocurrency exchange.
Markets Await Powell Speech for Hints on Rates

In his final public remarks before a crucial Fed meeting, the central bank’s chair will deliver a speech and answer questions about the outlook for inflation, jobs and the economy.
Stocks Drop as Economic Worries Weigh on Sentiment

After turmoil in China set a negative tone, a Fed governor suggested the market was underestimating the chance that the central bank would have to keep raising rates.
Zero-Covid Protests in China Shake Global Markets

Stock markets in Asia and Europe fell on Monday, as did U.S. futures and crude prices, as investors worried about the fallout of social unrest in China.
The Week in Business: Shoppers Open Their Wallets

A shake-up at Disney. Scrutiny of Ticketmaster in the wake of chaos in Taylor Swift concert ticket sales. And coming up: Is hiring slowing?
Elon Musk’s Twitter Role Puts Tesla Board Under New Scrutiny

Corporate governance experts say the electric-car maker’s directors may need to rein in the chief executive, with whom many have personal ties.
News Corp Investors Raise Concerns About Proposed Merger With Fox

Concerned that a merger would undervalue News Corp, investors are asking a special committee of independent board members to look more skeptically at the proposal.
The Week in Business: FTX’s Collapse

The turmoil at Twitter continues. The holiday shopping season officially begins, although retailers have already been running sales. And the Fed releases the minutes from its last meeting.
Markets Hold Gains Despite Fed Warnings

Several Fed officials sought this week to temper investors’ enthusiasm over signs that inflation could be slowing.
Elon Musk Testifies He Had Little Say in His Tesla Pay

The billionaire chief executive is testifying about a multibillion dollar compensation package the electric car company’s board put in place in 2018.