business news
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Finance
Vanguard’s expired patent may emerge as ‘game changer’ for fund industry
An expired patent — previously held by Vanguard — may spark a shake-up in the exchange-traded fund industry. Wall Street saw the…
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Finance
Judge orders CFPB to reinstate fired employees, preserve records and get back to work
FILE PHOTO: Office of Management and Budget (OMB) Acting Director Russell Vought testifies before House Budget Committee on 2020 Budget…
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Finance
Startup founder Charlie Javice found guilty of defrauding JPMorgan Chase in $175 million deal
Charlie Javice, who is charged with defrauding JPMorgan Chase & Co into buying her now-shuttered college financial aid startup Frank…
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Finance
Joel Greenblatt defends value investing: It’s not difficult to beat the market
Joel Greenblatt, a longtime bargain hunter, doesn’t think value investing deserves its bad rap. The 67-year-old investor, now running Gotham…
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Finance
Stocks making the biggest moves midday: Rocket Lab, Lululemon, AppLovin, Bausch + Lomb and more
Check out the companies making headlines in midday trading. Rocket Lab — Stock in the aerospace manufacturer gained 3% after…
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Economy
Consumer sentiment worsens as inflation fears grow, University of Michigan survey shows
A shopper pays with a credit card at the farmer’s market in San Francisco, California, US, on Thursday, March 27,…
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Finance
Investors will be ‘miles ahead’ if they avoid these 3 things, ‘How Not to Invest’ author says
Barry Ritholtz Barry Ritholtz Barry Ritholtz had a hard time writing his first book, “Bailout Nation.” Drafted in the midst…
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Economy
Core inflation in February hits 2.8%, higher than expected; spending increases 0.4%
The Federal Reserve’s key inflation measure rose more than expected in February while consumer spending also posted a smaller than…
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Economy
#RecessionIndicator: Young Americans are losing confidence in the economy — and it shows online
For economists, harbingers of a recession can include a slowdown in consumer spending and rising unemployment. For the chronically online,…
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Finance
Stocks making the biggest moves premarket: Lululemon, Rocket Lab, U.S. Steel and more
Check out the companies making headlines before the bell. Lululemon Athletica — Shares tumbled more than 11% after the athleisure…
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