Peter Kraus, founder of Aperture Investors, explained why he deviated from the traditional active management model.
Jobless claims edge lower as Fed looks to cool labor market
Jobless claims totaled 250,000 for the week ended Aug. 13, down 2,000 from the previous week and below the 260,000 Dow Jones estimate.
Stocks making the biggest moves premarket: Kohl’s, BJ’s Wholesale, Estee Lauder and more
These are the stocks posting the largest moves before the bell.
Web3 is in chaos and metaverses are in their own walled gardens, says Randi Zuckerberg
Web3 is “an ideal utopia,” but “what’s happening in reality, is chaos,” said the sister of Meta CEO Mark Zuckerberg.
Chinese property developers’ cash flows have plunged by more than 20%
Chinese property developers’ cash flows — a sign of the companies’ ability to stay afloat — have plunged this year, according to Oxford Economics.
Stocks making the biggest moves after hours: Cisco, Wolfspeed & more
Check out the companies making headlines in after-hours trading.
Stocks making the biggest moves midday: Bed Bath & Beyond, Krispy Kreme, Target and more
These are the stocks posting the largest moves midday.
Fed sees interest rate hikes continuing until inflation eases substantially, minutes show
The FOMC on Wednesday released minutes from its July 26-27 meeting, when it raised interest rates by 0.75 percentage point.
The world’s largest sovereign wealth fund loses $174 billion in the first half, cites inflation and war in Europe
The $1.3 trillion fund returned a negative 14.4% during the period, as stocks and bonds reacted violently to global recession fears and skyrocketing inflation.
Mark Cuban’s advice for his younger self and anyone starting their career: Learn to ‘be a salesperson’
Billionaire Mark Cuban said if he could tell his younger self one thing, it would be to do exactly what he was already doing: “Be a salesperson.”