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Daily News

Below please find daily updates pertaining to the latest in financial, business, and tax news:

Reuters: Money

YOUR MONEY: What it means to invest with a gender lens

Tue, Feb 18, 2020

When clients tell financial adviser Catherine Valega that they want to invest their money in women, they are not always clear what they mean. ...

The truth about 'greedy' seniors and the 'war' between generations

Fri, Feb 14, 2020

Former U.S. senator Alan Simpson summarized the argument well: seniors fighting Social Security benefit cuts were nothing more than “greedy geezers” stealing from young people “who are going to get... ...

Investing in the art world is now just a click away

Thu, Feb 13, 2020

Owning a piece of art is not just for the ultra-wealthy anymore. ...

T. Rowe Price to place a bigger bet on stocks in retirement funds

Thu, Feb 13, 2020

T. Rowe Price Group Inc said on Thursday it would ratchet up the risk in its target-date retirement portfolios, boosting stock allocations to as much as 98% for younger investors. ...

YOUR MONEY: Family offices lead the way on impact investing

Mon, Feb 10, 2020

When former investment manager Ron Cordes started a charitable foundation in 2007, he got frustrated because he could only "do good" when he was actively giving the money away to needy causes. ...

SEC's shareholder advice proposal draws ire from Republican hedge fund donors

Wed, Feb 05, 2020

The U.S. securities regulator is on a collision course with powerful hedge funds executives, including former White House advisor Carl Icahn and Republican mega-donor Paul Singer, over a proposal... ...

Seniors deal with the harsh reality of debt

Tue, Feb 04, 2020

Allen Lomax knows how retirement is supposed to go: By your golden years, you should have paid off your house, built up a big pot of savings, and be able to face the years ahead without fear. ...

New York State pension fund puts 27 coal companies under review

Wed, Jan 29, 2020

New York state's top pension fund official said it was reviewing whether to divest from 27 coal companies and could make decisions on $98 million in holdings within two months. ...

Sovereign wealth funds move mainstream, make less contrarian bets

Wed, Jan 29, 2020

Sovereign wealth funds' investment moves are becoming more closely aligned with the global asset management industry as they mature, and their growing size makes it harder for them to make contrarian... ...

Valaris settles with Luminus, hands board seat to hedge fund

Mon, Jan 27, 2020

Oil drilling firm Valaris PLC reached a settlement with Luminus Management and said on Monday that it has appointed one of the hedge fund's partners to its board. ...