Stay updated with breaking news from Additional Reporting. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
U.S. stocks surged on Friday, with the benchmark S&P 500 scaling a fresh record, as investors cheered robust quarterly reports from Meta Platforms and Amazon.com, while a strong jobs report kept the...
Global passive equity funds' net assets surpassed those of their active counterparts for the first time in 2023 as investors increasingly sought lower-cost funds that mirror broad market indices. According to LSEG Lipper, global passive equity funds' net assets stood at a record $15.1 trillion at the end of December while those of active funds was $14.3 trillion. Passive funds, often associated with stable, large-cap stocks with strong fundamentals and lower volatility, have grown in popularity since the 2008 financial crisis as investors sought safety in periods of uncertainty.
This month German Chancellor Olaf Scholz marshalled his ministers to discuss for two hours straight strategies on how best to tackle the far-right Alternative for Germany , which is polling in... -January 31, 2024 at 09:48 am EST - MarketScreener
German Chancellor Olaf Scholz's ruling coalition is considering ways of bolstering the independence of country's highest court as fears about the strength of the far-right AfD party grow. The Alternative for Germany (AfD) is polling second in nationwide surveys, raising concern it could gain significant influence in the legislature after the next federal elections in 2025 and seek to hollow out democratic structures from within. The anti-establishment, nationalist party is already under state surveillance on suspicion of being extremist and anti-constitutional.
* Amazon, iRobot abandon merger in face of EU opposition * SoFi rises after posting Q4 profit vs year-ago loss * BlackRock...