SEC Chief Says the U.S. Won’t Ban Cryptocurrencies
Securities and Exchange Commission Chair Gary Gensler has had multiple dust-ups with crypto firms but even he says the U.S.
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Analysis
Franklin Templeton Acquiring O’Shaughnessy Asset Management
Franklin Templeton is acquiring O’Shaughnessy Asset Management, a leading provider of separately managed accounts, with $6.4 billion in assets under
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Active Equity Funds Still Trailing Passive Indexes
The hoped-for revival of actively managed mutual fund performance has disappointed once again. For the year ended June 30, roughly
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Health Reward-Based Life Broker Raises $26M: Financing Moves
Sproutt, an online life insurance broker that offers discounts for applicants who take care of themselves, has raised $26 million
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Early COVID-19 Spike Drove Up High-Income People’s Mortality, Too: Researchers
The COVID-19 wave that hit in early 2020 increased mortality more for low-income U.S. residents than for higher-income people —
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SEC Charges Crypto Lender With $2B Fraud
The Securities and Exchange Commission charged BitConnect, a now-defunct online crypto lending platform, and its founder, Satish Kumbhani, with defrauding
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Buffett Slows Buybacks, Sells Stocks With Market at Highs
Warren Buffett slowed his roll. Despite having more than $144 billion of funds at his disposal, the Berkshire Hathaway Inc.
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Gensler Gets Wish as Bitcoin Futures ETF Filings Land
A few days ago, U.S. Securities and Exchange Commission Chair Gary Gensler signaled that regulators may be more open to a Bitcoin
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How Biden’s Plan Will Go After Industry Giants
Joe Biden’s vow to take on the U.S. economy’s most dominant companies faces a monumental task: combating years of consolidation
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Biden’s Corporate Tax Rate Plan Isn’t Going Away. Here’s What to Know.
President Joe Biden has proposed a number of changes to the personal income tax rates including changes to the capital gains
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