Brutal year for stock picking spurs trillion-dollar fund exodus
The last thing a diversified fund manager wants is to run a portfolio dominated by just seven technology companies â all American, all megacap, clustered in the same corner of…
Blue Origin names Tory Bruno to new national security group
Tory Bruno, the former chief executive officer and president of United Launch Alliance, will become the president of the new national security group at Blue Origin, the Jeff Bezos-founded space…
Russian official warns a banking crisis is possible amid nonpayments. âI donât want to think about a continuation of the war or an escalationâ
Russiaâs financial system is reportedly coming under more strain as Moscowâs war on Ukraine nears the end of its fourth full year. The White House is seeking to revive peace…
Malcolm Gladwell tells young people if they want a STEM degree, âdonât go to Harvard.â You may end up at the bottom of your class and drop out
If you have sky-scraping dreams of attending an Ivy League university, maybe reconsider, according to author Malcolm Gladwell. âIf you want to get a science and math degree, donât go…
Three in four Americans say groceries are so expensive theyâve been forced to cut down on other spending
Echoing its data throughout the year, Toast found that menu prices continued to climb in November, often exceeding the current inflation rate of 2.7%. If you like your (retail) brew…
Management professors who studied the dreaded work offsite say think twice about skipping it this year
What do you do when an announcement about an âoffsiteâ hits your work inbox? Chances are you might sigh and begrudgingly add the event to your calendar. These events, also…
At the edges of the AI data center boom, rural America is up against Silicon Valley billions
The land around Hassayampa Ranch, 50 miles west of Phoenix, is dotted with saguaro cacti and home to coyotes, jackrabbits, and rattlesnakes. Its few hundred human residents were largely drawn…
Meet a colorblind painter whoâs been using special glasses since the 1980s to see nearly two-thirds of the spectrum
When Fernando DĂĄvila was 8 years old in Colombia, he failed a drawing class because he painted donkeys red. There was a reason for that: He is colorblind. Now the…
Silver prices continue soaring as debt fears and geopolitical tensions send precious metals to fresh record highs
As markets reopened Friday after the Christmas holiday, U.S. stocks were little changed, but precious metals saw plenty of action. Silver prices jumped 9.6% to top $78 per ounce for…
Anduril founder Palmer Luckey is among the U.S. defense execs and companies sanctioned by China over arms sales to Taiwan
Beijing imposed sanctions on Friday against 20 U.S. defense-related companies and 10 executives, a week after Washington annoucned large-scale arms sales to Taiwan. The sanctions entail freezing the companiesâ assets…