When a massive investment fund begins to collapse, institutional investors face a critical dilemma: determine if the manager simply made a bad bet or if they are making bad decisions.…
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Finance
The head of a $418 billion asset manager details how to evaluate funds when they’re blowing up
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Finance
Investing beyond Trump Account S&P 500 fund: How to increase the odds for a child’s lifetime wealth
More than seven million American children have been signed up for Trump Accounts since the program launched this summer, giving families a powerful new tool to jump-start retirement savings for…
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Finance
Investors may want to focus on front end of yield curve — as Street anticipates next Fed meetings
Bond market investors looking for an edge may want to pay closer attention to the front of the yield curve, according to Noah Wise, head of global macro strategy and…
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A major new bridge linking Canada and the U.S. at Detroit opened Monday to trucks, cars and other vehicles, the climax of a yearslong project that lately had been bruised…
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More than a dozen kids at a New Jersey summer camp got sick after eating chocolate they did not know was laced with magic mushrooms, police said. A counselor at…
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HONG KONG — Shares of CXMT, China’s largest memory chipmaker, soared Monday after they began trading in Shanghai in mainland China’s biggest initial public stock offering in recent years. CXMT’s…
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Johnson & Johnson said Monday it would pay an estimated $5.5 billion to resolve tens of thousands of lawsuits alleging its baby powder and other talc products cause ovarian cancer,…
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Politics
Bombshell voting scandal adds to pattern of noncitizen voters as Trump warns of threat to ‘heart’ of democracy
New Jersey Democratic Gov. Mikie Sherrill’s recent announcement of 6,600 ineligible voters found on the state’s rolls is only the latest in a decades-long string of cases involving noncitizens registered…
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For months, President Donald Trump has fixated on one legislative priority. Now, its repeated failure may be costing Senate Majority Leader John Thune, R-S.D., the president’s support. Trump has badgered…
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Politics
Watchdog unleashes database to expose ‘loopholes’ as $5B in foreign cash floods US nonprofits
Americans for Public Trust, a government transparency advocacy group, is releasing a new database that tracks more than $5 billion in foreign spending, bankrolling politically active nonprofits in the U.S.…
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Politics
Moreno unloads on Fauci after Senate hearing, calls him Democrats’ ‘hero’ over pandemic policies
Sen. Bernie Moreno, R-Ohio, doubled down Thursday on his criticism of Dr. Anthony Fauci after the former top health official declined to answer questions during a Senate hearing, calling him…