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This investment is cheaper and better than mutual funds

Opponents shouldn’t block 403(b)s from purchasing collective investment trusts

Children’s Place profit nearly halves as troubled retailer’s turnaround efforts dampen sales

Troubled retailer is moving away from unprofitable sales and offers of free shipping.

Job openings rise and more workers quit in sign of improving U.S. labor market

U.S. job openings rose slightly in October and the number of workers quitting one job for another rose to the highest level in five months, suggesting the labor market has improved after a soft spell last summer.

Korean stocks hammered after declaration of martial law

U.S.- and U.K.-listed shares of South Korean stocks slumped on Tuesday after its president made a sudden declaration of martial law.

Terns Pharma broadens beyond obesity drugs with upbeat data in leukemia trial

Terns Pharmaceuticals Inc.’s stock jumped 7.5% premarket Tuesday, after the company announced positive data from an early-stage trial of a treatment for chronic myeloid leukemia.

Nomura CEO to take pay cut after ex-staffer charged with attempted murder

Nomura’s CEO Kentaro Okuda offered his “deepest apologies” in the wake of the incident that saw one of the bank’s former employees charged with attempted murder, robbery, and arson of an inhabited building

‘Contrarians aren’t being rewarded,’ and short sellers of U.S. stocks are giving up, says Citigroup

Strategists at Citigroup say investors are increasingly giving up on bets against the U.S. stock market.

SpaceX’s rockets to get more launch money based on sky-high $350 billion value: report

The company’s private-market valuation jumps by more than $100 billion in fresh sale of shares, according to Bloomberg report.

ServiceTitan’s planned IPO could come with a more than $5 billion valuation

The Glendale, Calif.-based company could raise up to $500 million in its initial public offering.

American families could be out more than $2,500 if the world ditches the dollar

Pay now or pay later: U.S. must defend its allies or the dollar could lose the reserve currency status that American consumers enjoy.

AT&T plans to plow $20 billion into buybacks in signal of business turnaround

Following recent deleveraging, AT&T is bringing back share repurchases alongside an expected $20 billion-plus in continued dividend commitments over the next three years.

Predicting doubling of private-credit market, BlackRock strikes $12 billion deal for HPS

In a widely anticipated announcement, BlackRock said it had reached an agreement to fully-acquire HPS Investment Partners in an all share transaction worth $12 billion
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