The kingdom’s $925 billion sovereign wealth fund, the Public Investment Fund, saw its assets jump 29% in 2023 — and domestic investment was a major driver.
Category: Finance News
A recession is coming in the U.S., and ‘a few rate cuts’ won’t prevent it, says strategist
Contrary to what many believe, investment research firm BCA Research sees that the economy is on the cusp of a recession.
Stocks making the biggest moves after hours: Cava, Uber, Ross Stores, Workday and more
See which stocks are posting big moves after the bell.
Here’s everything to expect from Fed Chair Powell’s speech Friday in Jackson Hole
For all the attention being paid to the speech, the chances of it containing any new news seem remote.
Stocks making the biggest moves midday: Urban Outfitters, Peloton, Advance Auto Parts and more
These are the stocks posting the largest moves in midday trading.
Mike Lynch, man once dubbed ‘Britain’s Bill Gates,’ dies at age 59
Mike Lynch, who had just recently won a landmark U.S. fraud trial, was found dead in the wreckage of a yacht that sank off the coast of Sicily. He was 59.
Kamala Harris’ tax plan for investors: Here’s what you need to know
CNBC’s Robert Frank reports on Kamala Harris’ campaigning tax plan.
Philadelphia Fed President Harker advocates for interest rate cut in September
Harker gave the strongest statement yet from a central bank official that easing is almost a certainty next month.
This small-cap fund is outperforming the Russell 2000. Here’s how it works
With unprofitable companies representing 40% of the small-cap index, a top ETF provider is identifying ways for investors to capture better returns.
Stocks making the biggest moves premarket: Crocs, Paramount Global, Deutsche Bank, Snowflake and more
These are the stocks posting the largest moves in premarket trading.