Articles

Does Goldman’s hiring of Fed veteran Kaplan presage a Vampire Squid sequel?

Kaplan, as head of the Dallas Fed and an FOMC member, was revealed to have been active in the stock market at the outset of the pandemic.

Jim Simons, considered one of the world’s greatest investors, dead at 86

Billionaire investor Jim Simons, a mathematician who founded one of the most profitable investment firms of all time and pioneered the field of quantitative investing, has died at the age of 86.

Here’s how Apple might take AI to the next level

Also, new index ETFs to help investors narrow their focus and an interview with Maurice Saatchi.

7 habits of successful retirees, and how to become one yourself

I have seen scores of people build happy and satisfying retirements —money is a small part of it

Biden wants ‘tax fairness’ as cuts expire next year. Here’s who would pay more.

A top aide to President Joe Biden on Friday cast a battle over expiring tax cuts as a fight for fairness, saying corporations and top earners should contribute more.

Zeekr to go public, with the China-based EV maker valued at more than $5 billion

Investors will have another way to ride the electric-vehicle sector on Friday, as China-based Zeekr Intelligent Technology Holding Ltd. is set to go public with a market valuation of more than $5 billion.

Why Marathon Digital’s stock is sagging in the face of record earnings

Marathon has to boost its uptime to help profits, an analyst notes.

Why Afterpay says it’s primed for success as buy-now-pay-later moves offline

The card-based opportunity looks particularly interesting for Afterpay in light of the company’s acquisition by Block.

I’m 67 with $25,000 saved for retirement, but I just got a big pay raise. Should I claim Social Security now while I’m still working?

“I don’t have a financial adviser because no one‘s going to take $25,000.”

Gold prices climb to 3-week highs as ‘soft’ U.S. data support rate cuts this year

Gold futures were climbing sharply on Friday, looking to tally their first weekly gain in three weeks, as downbeat U.S. economic data supported the likelihood of Federal Reserve interest-rate cuts this year.

U.S. consumer sentiment sours in May

The University of Michigan’s gauge of consumer sentiment fell to 67.4 in a preliminary May reading from 77.2 in the prior month.

Progyny’s stock plunges as demand for IVF treatments drops after Alabama ruling

Progyny’s stock was headed for a record selloff Friday after the fertility-services company said the Supreme Court of Alabama’s February ruling regarding in vitro fertilization seemed to scare off some potential customers.
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