Insurance companies are piling into exchange-traded funds. Over a third of U.S. insurance companies were invested in ETFs in 2018, according to a survey conducted by analytics firm Greenwich Associates. In total, they held 372 million shares, up 7% from the prior year. The uptick was driven in part by […]
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China to release document laying out stance on negotiations with US as trade war escalates
Chinese President Xi Jinping and U.S. President Donald Trump attend a welcome ceremony at the Great Hall of the People in Beijing on November 9, 2017. Fred Dufour | AFP | Getty Images The Chinese government plans to release a white paper laying out its position on trade talks with […]
Here’s where investors can hide out and areas they should avoid as trade tensions intensify
Traders work on the floor at the New York Stock Exchange (NYSE) in New York. Brendan McDermid | Reuters Stocks posted their first negative month of the year as trade angst deepened, and it doesn’t get easier from here since the U.S. toughened its stance on more trading partners. Now […]
Brown University costs $73,892 a year—but here’s how much students actually pay
The rising cost of college can make earning an advanced degree seem out of reach for many students today. According to the College Board’s 2018 Trends in College Pricing Report, from 1988 to 2018, prices tripled at public four-year schools and doubled at public two-year and private non-profit four-year schools. […]
‘The algorithm is our boss’: Uber drivers face long hours, no benefits and sometimes danger
Uber driver Sonam Lama. Annie Nova | CNBC AT 3 A.M., SONAM LAMA’S ALARM goes off. In his house in Queens, New York, while his wife and baby son sleep, he pulls on his clothes and makes coffee. Then he turns on his Uber app and waits. On this morning, […]
Beijing to investigate FedEx for ‘damaging rights of Chinese clients’ amid Huawei dispute
DHL containers and a FedEx airliner at Hong Kong International Airport, in the Hong Kong Special Administrative Region (HKSAR) of the People’s Republic of China. Alexander Shcherbak | TASS | Getty Images Chinese authorities have filed a case to investigate U.S. parcel delivery service FedEx for allegedly undermining the rights […]
Beijing targets FedEx for ‘damaging rights of Chinese clients’ amid Huawei dispute
DHL containers and a FedEx airliner at Hong Kong International Airport, in the Hong Kong Special Administrative Region (HKSAR) of the People’s Republic of China. Alexander Shcherbak | TASS | Getty Images Chinese authorities have filed a case to investigate U.S. parcel delivery service FedEx for allegedly undermining the rights […]
Can’t get to Galaxy’s Edge? Here are 10 Star Wars worlds you can visit right here on Earth
Todd Wawrychuk | Disney Parks The hottest vacation spot is about to open in a galaxy not so far, far away. On Friday, Disney finally opened its first Star Wars: Galaxy’s Edge location in Anaheim, California. The expansion to two of its parks, which cost about $1 billion each, has […]
This bill could save Social Security for the rest of this century. Here’s what stands in its way
WASHINGTON, DC – Rep. John Larson (D-Conn.) speaks during an event to introduce legislation called the Social Security 2100 Act. which would increase increase benefits and strengthen the fund, during a news conference on Capitol Hill January 30, 2019 in Washington, DC. (Photo by Mark Wilson/Getty Images) Mark Wilson | […]
24 years ago, Charlie Munger gave brilliant advice at Harvard—and it’s important now more than ever
Charlie Munger, like his business partner Warren Buffett, is a walking encyclopedia of investment history. But he’s also widely also known for his unique ability to inject timeless wisdom right when you need it most. The Berkshire Hathaway vice chairman has given several speeches on the intersection of psychology and […]