Ray Dalio suggests Treasurys are risky, and shares are a superior wager below
Finance
How BlackRock and Goldman Sachs are bringing Wall Street’s hottest asset class to 401(k)s
Wall Street’s largest firms are championing a new cause. They are bringing alternative assets — once reserved for the ultra-wealthy — to the portfolios of individual investors. Chief among the proponents are BlackRock and Goldman Sachs. But, as is usually the case in investing, the potential of greater returns comes at a risk. “The alternative […]
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Finance
Stocks making the biggest moves midday: EchoStar, Brown-Forman, Semtech, Oklo and more
Check out the companies making the biggest moves midday: Semtech — The semiconductor maker rallied 17% on better-than-expected second-quarter results and strong third-quarter revenue guidance. The company posted a Q2 profit of 41 cents per share, excluding certain items, on revenue of $27.6 million. Analysts expected earnings of 40 cents per share on revenue of […]
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Finance
Trump’s Cook firing will likely end up in the Supreme Court’s hands
Key Points President Donald Trump’s attempt to fire Fed Governor Lisa Cook will likely end up before the Supreme Court, Wall Street economists and analysts say. The Federal Reserve Act allows presidents to remove Fed governors “for cause,” but the statute is ambiguous about what this means. If Trump successfully ousts Cook, he would be […]
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