4 top reasons why exchange-traded fund growth has ballooned – CNBC
Moyo Studio | E+ | Getty Images Exchange-traded funds (ETFs) have steadily gained popularity among investors in recent years, a trend experts say is largely due to advantages such as lower taxes and fees than mutual funds. That's what it means. The first ETF debuted in 1993. Since then, ETFs have raised about $9.7 trillion […]
Hedge fund mogul Larry Robbins seeks overhaul at struggling CVS: report
According to reports, hedge fund tycoon Larry Robbins met with executives of struggling drugstore chain CVS on Monday to discuss a revitalization plan that the Glenview Capital founder hopes will improve the company's operations. He plans to present it. Mr. Robbins, 55, made his name in 2012 by betting on health care companies he thought […]
Exclusive — Fair Election Fund Launches Six-Figure Investigation to Stop Illegal Alien Voting
The Fair Elections Fund, an election integrity watchdog group, on Monday released a six-figure study of non-referendum votes across seven battleground states. Doug Collins, senior adviser to the Fair Elections Fund and former Georgia congressman, said in a written statement: Our election integrity efforts depend on the accuracy and reliability of voter databases. We've seen […]
Schakowsky Introduces Bill to Fund Terror-linked UNRWA; J Street Supports
Rep. Jan Schakowsky (D-Ill.) and other “progressive” Democrats have refused to accept U.N. bailouts linked to terrorism, despite the fact that several of their staff members have participated in Hamas terrorist attacks. Introduced legislation to restore U.S. funding to UNRWA. Game against Israel on October 7th. The law is called The UNRWA Funding Emergency Recovery […]
Both acting head and CIO of Ohio retired teachers’ pension fund resign amid controversy – News 5 Cleveland WEWS
COLUMBUS, Ohio — The acting executive director and chief investment officer of the Ohio Retired Teachers Pension Fund have resigned after months of controversy. A day after my exclusive 45-minute interview, Lynn Huber, acting executive director of the State Teachers Retirement System (STRS), resigned effective December 1st. Chief Investment Officer Matt Worley also resigned effective […]
FBI investigating US venture capital fund for giving trade secrets to Beijing: report
The FBI is investigating whether a U.S. venture capital fund handed over trade secrets to Beijing after investing $115 million worth of Chinese money to become one of Silicon Valley's most powerful early investors. California-based Horn Capital invested Chinese money in 360 U.S. tech startups between 2015 and 2018, including payments group Stripe, aerospace engineer […]
Investment firm launching $1B fund to help suppliers shift to EVs
Monroe Capital is partnering with the White House to launch a $1 billion initiative to improve the nation's electric vehicle (EV) landscape, the company announced Monday. The project, known as the Drive Forward Fund LP, aims to support small and medium-sized businesses facing challenges in the electric vehicle supply chain and bolster the development of […]
Congress Debuts Bill to Pressure Financial Institutions Not to Fund Chinese Slavery
Sens. Marco Rubio (R-Fla.) and Jeff Merkley (D-Ore.) introduced legislation on Thursday that would require the Treasury Department to use U.S. representatives at international organizations to pressure those organizations not to fund slavery around the world, particularly the Chinese government's genocidal slavery of the Uighur people. The Forced Labor Funding Prohibition Law specifically addresses the […]
Billionaire hedge fund manager John Paulson says he’ll pull money from market if Kamala Harris wins presidential election
Billionaire hedge fund manager John Paulson has warned that he will pull his money out of US markets if Vice President Kamala Harris wins November's presidential election against former President Donald Trump. The Paulson & Company founder and megadonor to President Trump made the shocking revelation during an appearance on Fox Business' “The Cramer Countdown” […]
Nevada to allow pregnant women to use taxpayer money to fund abortions
Nevada is set to become the 18th state to allow low-income pregnant women to use Medicaid funds to pay for abortions. The state lost an appeal of a judge's ruling earlier this year that found denying insurance coverage for abortions violates Nevada's equal rights protections adopted by voters in 2022. It is unclear when compensation […]