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Stock pickers are seeing record inflows, but still won’t outperform the market, says investing legend Charley Ellis
What's in store for the next chapter of passive vs. active investing, according to Charley Ellis, the indexer who wrote the book on what's best for your money.Read More...
GameStop is considering investing in bitcoin and other cryptocurrencies, sources say
GameStop is exploring investments in alternative asset classes, including crypto and in particular bitcoin, three sources said.Read More...
British bank Barclays posts 2024 pretax profit hike, launches £1 billion share buyback
British bank Barclays posted a rise in full-year pre-tax profit that came in just ahead of analyst expectations, while also launching a £1 billion share buyback.Read More...
Germany’s second-largest lender Commerzbank to cut 3,900 jobs as it unveils new targets
Commerzbank announced it will eliminate 3,900 full-time positions by 2028, largely in its native Germany, as it unveiled a spate of new strategic targets.Read More...
Chinese businesses rush to try DeepSeek AI at ‘unprecedented’ scale
Chinese businesses are tapping DeepSeek's newest AI model to see how it can improve productivity.Read More...
CFPB’s new leadership begins staff purge with dozens of employees terminated
The terminations have sowed more confusion at the bureau, as several of those being laid off had already accepted federal buyout offers, said one of the people.Read More...
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