David Solomon, Chairman and CEO, Goldman Sachs, participates in a panel discussion during the annual Milken Institute Global Conference at The Beverly Hilton Hotel on April 29, 2019 in Beverly Hills, California.Michael Kovac | Getty Images Entertainment | Getty ImagesApple has given Goldman Sachs a proposal to end its credit-card...
Category: Finance
Why cautious investors may want to look beyond high-yield savings accounts
Cautious investors piling into cash may want to consider other options.According to SPDR Exchange Traded Funds' Matthew Bartolini, active management can also provide them with stability and income while creating more opportunities for upside."Active fixed income has been really a consistent engine of support within the active [ETF] construct —...
Biden and Xi’s meeting sent an important signal for U.S. business in China
U.S. President Joe Biden and Chinese President Xi Jinping at Filoli estate on the sidelines of the Asia-Pacific Economic Cooperation summit in Woodside, California, on Nov. 15, 2023.Kevin Lamarque | ReutersBEIJING — U.S. President Joe Biden's meeting with Chinese President Xi Jinping last week has set a bottom line in...
Legendary value investor’s firm launches new fund targeting ‘quality’ stocks
Legendary value investor Jeremy Grantham is betting on a special caliber of stocks with his firm's first active ETF: the GMO U.S. Quality ETF. And he put GMO partner Tom Hancock in charge of it."There's a lot more interest in active ETFs than there was even a few years ago," Hancock...
Fed’s Susan Collins says more rate hikes can’t be taken off the table yet
Despite recent encouraging signs on inflation, Boston Federal Reserve President Susan Collins said Friday that more interest rate hikes could yet be needed."I understand the tendency to really enjoy good news, and there was some good news in some of the numbers — and I think that we need to...