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Finance & Money News
Despite success this year, underperformance rates are ‘abysmal’ for large-cap active managers for the long run
The S&P 500 may be trading around 2022 lows, but a new report finds active managers are having their best year since 2009. The numbers suggest they still have a long way to go, though.S&P Global recently published its Mid-Year 2022 SPIVA U.S. Scorecard,...
Jerome Powell, chairman of the US Federal Reserve, during a Fed Listens event in Washington, D.C., US, on Friday, Sept. 23, 2022.Al Drago | Bloomberg | Getty ImagesAs the Federal Reserve ramps up efforts to tame inflation, sending the dollar surging and bonds...
People walk near the entrance to Nike store, May 25, 2022 in Moscow, Russia.Konstantin Zavrazhin | Getty Images News | Getty ImagesCheck out the companies making headlines in midday trading.Nike — Nike shares dropped 12% after the sneaker giant said Thursday...
U.S. Federal Reserve board member Lael Brainard speaks after she was nominated by U.S. President Joe Biden to serve as vice chair of the Federal Reserve, in the Eisenhower Executive Office Building’s South Court Auditorium at the White House in Washington,...
Check out the companies making headlines before the bell:Nike (NKE) – Nike slumped 10% in the premarket after it reported a 44% increase in inventories for its latest quarter, and said it would offer more discounts heading into the holiday season. The athletic...