News > Capital Markets

U.S. Congressman Accuses Jared Kushner of Profiting By Not Disclosing Stake in Startup
Jared Kushner "enriched himself" by failing to disclose his investment in a New York-based real estate tech startup when he was brought on to be a White House adviser to his father-in-law Donald Trump, a United States Congressman alleges in an interview with Newsweek. Congressman Ted Liu (D- California) tells Newsweek that Kushner could make "millions" by failing to disclose his investment in
Goldman Sachs is Deciding What to Do With its Stake in Harvey Weinstein's Studio
As the fallout continues from the explosive sexual harassment allegations made against Hollywood film producer Harvey Weinstein - allegations made by dozens of women that span decades - Goldman Sachs is now debating what to do with its small stake in Weinstein's film studio, as Bloomberg reports. Goldman was an initial investor in Weinstein Co., the film studio founded by Harvey and
Looking For Value? Try Outside the U.S.
Familiar advice this year, as it pertains to equity investing, includes the value is lagging here in the U.S. and if investors want to find value, it is best to look at international stocks. One exchange-traded fund that can help investors find rewards with value while adding international diversity to their portfolios is the Cambria Global Value ETF (NYSE: GVAL). While many value
WTF: Equifax May Have Been Hacked Again
A couple of days after the Wall Street Journal reported that the massive security breach that compromised sensitive information belonging to about 145.5-million American consumers also included roughly 10.9 million drivers license numbers, comes word that Equifax may have just suffered another hack. Ars Technica reports that Randy Wilson, an independent security analyst, visited the Equifax site on Wednesday evening to
Jamie Dimon Says American Workers Will Be the True Beneficiaries of Corporate Tax Reform
Despite controlling the White House and both chambers of congress, the Republicans' failure to pass a repeal of Obamacare, leading President Trump to begin gutting the health care law through executive order, has now caused some skepticism about the GOP's ability to pass the comprehensive corporate tax reform that - like the Obamacare repeal - was a centerpiece of Trump's
Report: Hackers Stole Nearly 11-Million Drivers License Numbers in Equifax Hack
The major security breach at Equifax that compromised sensitive information belonging to about 145.5 million consumers included the theft of roughly 10.9-million driver license numbers belonging to Americans, the Wall Street Journal reports, citing "people familiar with the matter." Equifax did not comment to the Journal about the report. The company did say on Tuesday "that a file containing 15.2 million
Dow Jones Newswire Sends False Google-Apple Merger Story; DJ Calls it 'Technical Error'
Capital Markets
Alphabet Inc (NASDAQ: GOOGL) and Apple Inc. (NASDAQ: AAPL) stock briefly plunged Tuesday morning on false yet ostensibly official reports of a merger. The Dow Jones newswire circulated the following post: “In a surprise move to everyone who is alive, Google said it's going to buy Apple for $9 billion. Google Chief Executive Larry Page had secret talks with the now-deceased Steve Jobs in 2010
Nobel Economist is Spooked Out By the Stock Market Right Now
Capital Markets
We already know that University of Chicago professor Richard Thaler, who was awarded this years’ Noble Prize in Economics, also has a proven track record as a solid investor. So with these exemplary credentials to his name, it's probably worth paying attention to what Thaler says about the stock market, especially when says the market is kind of freaking him out right now. In
P&G Shareholders Claim Victory in Proxy Fight Against Nelson Peltz; Activist Investor Not Conceding Yet
Capital Markets
Proctor & Gamble said on Tuesday that "based on a preliminary vote count" its shareholders have won its expensive proxy battle against activist investor Nelson Peltz, but Peltz's Trian Partners insist that the vote is still too close to call, as CNBC reports. Considered the biggest proxy battle in history, the two sides spent at least $60 million on the cause, while
China’s 19th Party Congress: A New Cycle?
Capital Markets
Considered the most important political event in China, the National Congress of the Communist Party, held once every five years, has the potential to reshape the political landscape of personnel, policy and institutions for the next decade. The 19th Party Congress, set to begin on 18 October, could introduce even greater change: Depending on how much President Xi Jinping succeeds