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Brown endowment grew 11.3% as school mulls Israel divestment

Brown University's endowment posted an 11.3% return on investment for the year that ended in June. The Ivy League school's board of directors is set for a key vote this month on whether to withdraw from Israel. The endowment has increased to $7.2 billion, bringing the Providence, Rhode Island-based university's operating budget to a record […]

US economy grew at a 2.8% pace in the second quarter, more than expected

Claudia Thurm, chief economist at New Century Advisors, and Michael Kantrowitz, chief investment strategist at Piper Sandler, join “Making Money” to discuss whether the economy is on the brink of a recession. of U.S. Economy It grew at a faster pace than expected in early 2024 as consumers continued to loosen their purse strings despite […]

Number of US millionaires grew by 500K last year: Report

A new study finds that the number of billionaires in the United States increased by about half a million last year, faster than any other country. The number of “affluent” Americans has increased by 7.3 percent and now stands at more than 7.4 million, according to a recent report. CapgeminiBy 2022, the number will reach […]