Stock picking has a terrible track record and it’s getting worse
The vast majority of active managers underperform their risk-adjusted benchmarks. How come so few fund managers beat the market?
Market wire
Latest news on private equity markets
Headlines on the small cap U.S. and Canadian companies we follow, pulled from the wires as they publish. Every story opens at its original source.
Op-ed: Markets are up and the economy is down. Here are some moves investors can make
The economy has struggled since the emergence of the Covid-19 pandemic, yet markets have recovered from an initial plunge and are now booming again. The disconnect...
Chime is now worth $14.5 billion, surging past Robinhood as the most valuable US consumer fintech
That lofty valuation makes Chime the most valuable American fintech start-up serving retail consumers.
Shopping for health insurance? Beware that plan you’re buying might fall short
That health care policy you're purchasing may have less protection than you intended. Some insurance representatives may engage in deceptive marketing practices, a report from the...
Why higher unemployment taxes are 'all but certain' for businesses
Businesses in many states are likely to face tax increases as early as next year to replenish depleted trust funds that pay unemployment benefits. Workers may...
Refinancing your mortgage will cost more thanks to an 'adverse market' fee
Homeowners who refinance their mortgage may end up paying a higher interest rate. This is because lenders may pass on some of the costs incurred from...
Schumer, Warren propose forgiving $50,000 in student debt for borrowers due to pandemic
Amid the coronavirus outbreak, Senate Democrats urge the President to cancel up to $50,000 in student debt for borrowers by executive action.
Snowflake's first-day pop means IPO left $3.8 billion on the table, the most in 12 years
Critics of the IPO process say that's capital that could have otherwise been invested by Snowflake in the business.
Shares of furniture retailer Herman Miller soar 35% as home office sales surge
Herman Miller reported fiscal first quarter earnings per share of $1.24, blowing past the earnings of 26 cents per share expected by Wall Street, according to...
Cramer to investors: If Congress approves a stimulus bill, 'you can't be out of this market'
"If we get a stimulus package and you're out of the market, you will feel awful," CNBC's Jim Cramer said on Thursday.
Shares of furniture retailer Herman Miller soar 33% as home office sales surge
Herman Miller reported fiscal first quarter earnings per share of $1.24, blowing past the earnings of 26 cents per share expected by Wall Street, according to...
9 million Americans will get letters about missing stimulus checks. Here's where those notices are going
Millions of Americans are still asking, "Where is my stimulus check?" Now, the IRS is mailing out notices to almost 9 million people to inform them...
Fintechs to play an “even more important” role coming out of lockdown, says British Business Bank
AltFi John Reynolds Sep 16, 2020 Fintechs will be “even more important” coming out of lockdown than they were during lockdown helping smaller businesses return to...
Op-ed: Does voting from overseas impact your tax status? Here's what U.S. expats need to know before they vote
Many Americans living overseas wonder if they can vote in U.S. elections and whether doing so will affect their tax status. The short answer is "no"...
These hidden fees are taking a bite out of your retirement savings
Whether you're drawing down from your 401(k) plan after you've retired, or you're splitting your savings with your ex, the company that administers your retirement plan...