Some of the biggest questions about the market’s performance in 2023 may find answers in the first quarter of the year. Investors wonder if the economy will go into recession, and if the stock market will continue to sell off…
Asset managers are scrambling to boost assets and enter new markets while keeping costs down into partnerships that separate responsibility for sales and clients from actual investment. Enthusiasm for “subadvisory” contracts is particularly high among European money managers looking to…
Tis the season for the post-holiday blues. Switching back to work mode after a few days of sleeping in, opening presents and popping champagne can be brutal. But even though the holiday magic spell may be wearing off, you don’t…
ExxonMobil and Chevron are expected to make a combined profit of almost $100bn from 2022 as the US corporate oil giant capitalizes on soaring fossil fuel prices following Russia’s invasion of Ukraine. The profit bonanza is seen by oil majors…
Labor activists hold a rally in support of a national $15 minimum wage on May 19, 2021, in Washington, DC Kevin Dietsch Getty Images News | Getty Images As the calendar turns to 2023, workers in more than half the…
The continued growth of cloud computing has reached a watershed, as cost-conscious customers and economic pressures combine to dampen one of Big Tech’s biggest growth markets. “There is tremendous pressure from customers to cut costs,” said Barry Briggs, a former…
Virtually every corner of the stock market has a terrifying 2022, including initial public offerings. The Renaissance IPO ETF (IPO), which tracks the performance of public companies, fell 57% in 2022, its biggest one-year decline on record. This was just…
The US nuclear industry sees 2022 as an “inflection point”, with rising private investment and unprecedented government support breathing new life into a sector that has been out of favor in recent decades. New federal legislation passed in the past…
In this photo illustration the Amazon logo is displayed on a smartphone with the stock market percentage in the background. Image SOPA | Light Rocket | Getty Images Wicker Me, and Amazon-owned hidden chat platform, stopped accepting new users after…
Extinction Rebellion, an environmental group targeting the City of London, announced on Sunday that it would suspend public nuisance actions in the UK and focus on mass demonstrations. The UK arm of the organization says it wants to bring more…