Author: super@dmin
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Market Extra: Can ‘nontransparent ETFs’ save active investing?
Active managers are locked in a 30-year war of attrition against passively managed exchange-traded funds, which have transformed from a niche to a juggernaut, representing roughly $4 trillion in assets today.
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Market Extra: Stock-market rally nears record as Dimon says healthy U.S. economy ‘can go on for years’
Call it the Dimon rally. Stocks post healthy gains Friday that help erase weekly losses for the S&P 500 and the Nasdaq, bringing all of the major stock benchmarks within shouting distance of all-time peaks.
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Bankrupt student loan borrowers could finally get a break
Bankruptcy rules on student loan debts should ease up, new recommendations say.
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Tesla again ‘on the brink’ of failure, says Einhorn’s Greenlight hedge fund
The wheels are “falling off,” sometime literally, at Tesla Inc., and the Silicon Valley car maker appears to “again be on the brink” of failure, David Einhorn’s Greenlight Capital tells investors Friday.
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Millennials can now run for president — 5 reasons they’re grossly misunderstood
A new report explodes some of the commonly held assumptions and negative stereotypes about this generation.
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The Margin: Why JPMorgan’s Dimon says he was ‘confused’ by question about bank’s next CEO being a woman or person of color
JPMorgan Chase & Co. CEO Jamie Dimon on Friday said he was confused by a question about diversity posed to him and other bank bosses at a hearing on Capitol Hill earlier this week.
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Why the middle class is shrinking
Fewer millennials in 2019 are middle class compared to baby boomers when they were in their 20s.
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Market Snapshot: Stocks climb after healthy bank earnings as Disney helps propel Dow higher
U.S. stocks rise Friday after a series of strong bank earnings, led by JPMorgan, boosted confidence in the U.S. economy while the Dow gained more than 200 points as shares of Walt Disney soared following the unveiling of its new streaming service.
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Top Ten: Weekend roundup: ‘Deadly sins’ | A dire warning about central-bank policy | These states have benefited most from Trump’s tax cuts
Also, taking investors who short Tesla’s shares to task and a comparison of the iPhone and the Samsung Galaxy S10+.
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Wells Fargo’s stock pulls a sharp U-turn after warning of a surprise net interest income decline
Shares of Wells Fargo & Co. took reversed course in morning trade Friday, swinging to a sharp loss from a healthy gain, after the bank lowered its outlook for net interest income, citing an unfavorable rate environment and an increasingly competitive marketplace.