Finding the bright side in a graying U.S. workforce
CHICAGO (Reuters) - (The opinions expressed here are those of the author, a columnist for Reuters.)
John Bogle, Vanguard founder and low-cost investing pioneer, dies at 89
(Reuters) - John Bogle, whose family's struggles during the Great Depression led him to pioneer low-cost investing and to found Vanguard Group, now the world's biggest mutual fund firm, died on Wednesday at the age of 89, Vanguard said.
Your Money: Can you make $100 grow into a house?
NEW YORK (Reuters) - My preteen daughter earned her first dollars in 2018, so I wanted to seed her retirement account. But what can you do with $100 or so?
Guggenheim's Scott Minerd says Fed will pause to start 2019
NEW YORK (Reuters) - The Federal Reserve is likely to hold its interest rate hikes on pause for the start of 2019 in order to stabilize markets, given economic growth is set to slow and financial conditions having tightened, Guggenheim Partners Global Chief Investment Officer Scott Minerd said on Wednesday.
Investors end 13 straight weeks of U.S. fund withdrawals
NEW YORK (Reuters) - Investors sweetened on financial markets in early January and ended a 13-week retreat from U.S.-based funds, the Investment Company Institute (ICI) said on Wednesday.
Living the tech dream, thanks to a novel apprenticeship program
NEW YORK (Reuters) - While growing up in Seattle, Enrique Rico's mom cleaned the posh homes of Microsoft employees. When Rico tagged along on sick days from school, he dreamed of having the life of a technology worker.
Exclusive: Jana liquidates two hedge funds, to focus only on activism
NEW YORK (Reuters) - Jana Partners LLC, founded by Barry Rosenstein, is shutting down two stock-picking hedge funds following losses and will focus instead on its main strategy of investing in a handful of companies and pushing management to improve their performance.
Investors unnerved by company debt, shunning Europe, UK: BAML survey
LONDON (Reuters) - Investors' concerns about company leverage hit a ten-year high as they continued to position against the risk of a global trade war, Tuesday's Bank of America Merrill Lynch's January fund manager survey found.
Cruiser Capital vows to fight on at Ashland even after board deal
BOSTON (Reuters) - Hedge fund Cruiser Capital said it plans to press on with its proxy fight at Ashland Global Holdings even after the specialty chemicals business struck a deal to refresh its board with another large shareholder.
Your Money: How Dry January is changing finances
NEW YORK (Reuters) - (The writer is a Reuters contributor. The opinions expressed are his own.)