Articles

How investigators say a star fund manager illegally took $600 million from some clients and steered it to others

Ken Leech, the star investor behind bond funds with $308 billion in assets under management, illegally steered hundreds of millions of dollars into ones held by preferred clients at the expense of funds held by less-favored customers, investigators say.

Kohl’s to bring aboard veteran of Michael’s and Walmart as new CEO. Shares are falling.

Kohl’s Corp. on Monday said Tom Kingsbury would step down as its chief executive in January and that it would bring aboard a digitally-focused veteran of Walmart Inc. and Michaels to lead the department-store chain, as it deals with enduring consumer wariness over higher prices.

Small-cap stocks on verge of ending 3 years of futility with record run — if it holds

Small-cap stocks jumped Monday to just shy of an all-time high, with the Russell 2000 index outpacing the S&P 500 so far this month.

The longer bitcoin takes to hit $100,000, the better it is for other crypto

While bitcoin has been trading for the past several days at close to $100,000 — a level many crypto bulls consider as a milestone for the asset — it’s struggled to top that level.

Zoom’s results beat expectations, but stock slips

Videoconferencing platform Zoom Video Communications Inc. on Monday offered up third-quarter results and an outlook that came in above Wall Street’s expectations, helped by growth in its key segment geared toward businesses.

Here’s what Trump’s pick of Scott Bessent for Treasury secretary means for taxes, interest rates and more

With Scott Bessent, consumers eyeing prices and interest rates are getting a Treasury secretary pick who is deeply aware of the big-picture forces pushing and pulling those everyday costs, experts say.

Space stock Redwire soared this year and is set for more ‘investor enthusiasm’: analyst

Redwire, which manufactures and supplies space equipment, has seen its shares skyrocket this year.

Here’s all the incentives Eagles running back Saquon Barkley just earned after his historic game

The NFL star — who gained more than 300 yards from scrimmage on Sunday night — has millions of dollars worth of incentives in his contract.

A stolen $97,000 disability check, a bureaucratic nightmare — and an unlikely happy ending

Todd Kahler was on the verge of homelessness after his Social Security disability-benefit check was stolen from the mail. He got the money back, but it took tenacity and some outside help.

Super Micro’s stock extends historic surge, has more than doubled in 7 days

After scoring a record rally last week, the server maker’s stock was rallying toward a third straight double-digit percentage gain for the first time ever.

Warren Buffett’s 5 estate-planning tips are just as valuable as his investing advice

If you think he’s smart about money, wait until you hear what he has to say about wills

Will the Fed ‘weaponize’ the bond market to ‘teach Trump a lesson’?

One economist argues Federal Reserve Chair Jerome Powell would win in a showdown with incoming President Donald Trump.
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