Energy, basic materials and healthcare drove outperformance this year for J.P. Morgan’s large-cap value fund.
Source
How this large-cap value fund added inflation protection to beat the market in 2022
Business
Fannie Mae accepts first crypto-backed mortgage product
Fannie Mae will now accept crypto-backed mortgages via a new product by mortgage company Better Home and Finance and Coinbase. It’s not the first crypto backed mortgage, but it is the first accepted by Fannie Mae, which is under government conservatorship. The offering allows homebuyers to use their crypto assets as collateral. Fannie Mae will […]
Read More
Business
United Airlines, flight attendants reach labor deal for first raises since pandemic
United Airline flight attendants picketed outside Terminal B at Logan Airport, seeking a new contract. John Tlumacki | Boston Globe | Getty Images United Airlines and its flight attendant union have reached a tentative labor deal that will include their first raises in roughly six years. If ratified by flight attendants, it would make United […]
Read More
Business
MLB faces a historic shift as potential lockout, media rights and other league changes loom
Thursday’s Opening Day may be the calm before the storm for Major League Baseball. The league’s collective bargaining agreement with its players expires at the end of this season. Owners, with the commissioner’s backing, are almost sure to push for a salary cap (which would likely come with a salary floor to get players to […]
Read More