Finance

‘Two-stocks’ are better than one? Repacking ‘pair trades’

The exchange-traded fund industry is trying to make pair-trade strategies more accessible to everyday investors.Tidal Financial Group's Michael Venuto filed last month for eight two-stock ETFs: going long one stock and short the other."They should come out probably in about two or three months," Venuto, the firm's chief investment officer and co-founder,...

Economy

Powell and the Fed won’t be able to avoid talking about Trump forever

Federal Reserve Board Federal Reserve Chairman Jerome Powell speaks during a news conference following a Federal Open Market Committee meeting in Washington on November 07, 2024 in Washington, DC. Kent Nishimura | Getty ImagesFederal Reserve Chair Jerome Powell dodged question after question at his Thursday news conference from a press corps...

News

Wall Street expects Trump presidency will unlock deal-making

Attendees cheer as a broadcast of former US President and Republican presidential candidate Donald Trum speaking at his Florida election party is shown on a screen at the Nevada GOP election watch party in Las Vegas, Nevada on November 6, 2024. Ronda Churchill | Afp | Getty ImagesWall Street dealmakers and...