A Goldman Sachs Group Inc. platform for Wall Street clients riding the ETF boom has given birth to its first investment funds. Three exchange-traded strategies from Brandes Investments Partners began trading Thursday through the Goldman Sachs ETF Accelerator, according to a press release. Those are the first to launch through...
A handful of asset managers have been pulling the plug on ESG-themed funds they launched several years ago — a result they all but certainly knew was coming, as not every attempt to get a slice of that booming market was going to work. That hardly means that sustainable investing...
The company's prototype vehicle "Hopper2" flies during a low-altitude launch and landing demonstration on Sept. 17, 2023 in Moses Lake, Washington.Stoke SpaceWashington-based startup Stoke Space raised $100 million in new funds, the company announced Thursday, as it aims to develop a fully reusable rocket called "Nova."Stoke's latest investment round...
Taylor Swift: The Eros Tour movie promotional imageTaylor Swift's Eras Tour concert film is already a $100 million blockbuster — and it hasn't even hit theaters yet.AMC announced Thursday that global advance ticket sales for the pop singer's movie surpassed the jaw-dropping threshold this week."Taylor Swift: The Eras Tour"...
A trade association mostly made up of certified financial planners launched an initiative Thursday to add members from Ameriprise Financial, an outreach effort that has a fiduciary advocate questioning how the credential’s advice standard squares with a dually registered firm. The Financial Planning Association introduced a national membership program to...
Barrett Hayton #29 of the Arizona Coyotes skates against the Dallas Stars at the American Airlines Center on December 6, 2021 in Dallas, Texas.Glenn James | National Hockey League | Getty ImagesThe Arizona Coyotes are skating to a new TV home for local games – showcasing the pressure on...
Columbia South Carolina, Chick-fil-A, fast food restaurant with sign advertising $15 an hour to be hospitable. Jeff Greenberg | Universal Images Group | Getty ImagesA strong jobs market could equal a weak stock market if current trends hold up.Friday's nonfarm payrolls report will provide a major test for Wall...
TESLA logo on a charging station on May 26, 2023.Harry Langer | Defodi Images | Getty ImagesHyundai Motor and Kia announced Thursday they will soon adopt Tesla's electric vehicle charging system, beginning in the fourth quarter of 2024 in the United States.Hyundai and Kia join others like Ford and...
Three advisors who were overseeing $800 million in client assets have affiliated with Arkadios Capital, the firm announced Thursday. Tripps Moog, who was an executive director at J.P. Morgan Securities, Hays Evans, who had been a senior vice president at Capitol Group, and Kendall Southerland, who had worked with Moog...
Levi's 501 blue jeans on display.Sean Gallup | Getty ImagesLevi Strauss on Thursday cut its full-year sales forecast, as it missed Wall Street's quarterly revenue expectations and was dragged down by weaker shopping trends at department stores and big-box retailers across the U.S.Shares fell more than 5% in after-hours...