Brother, Sister Charged in Alleged $124 Million Crypto Fraud Scam
John and Tina Barksdale allegedly defrauded thousands of investors through offerings of a digital token called Ormeus Coin.
News
New York State Pension Invests Over $2.6 Billion in Alts in December
The Common Retirement Fund allocates nearly half of the month’s commitments to real estate investments.
Biden Digital Asset Executive Order Aims to Tame Crypto
White House provides guidelines that seek to harness the positive aspects of crypto while mitigating its abuse.
Maybe an Inverted Yield Curve Isn’t an Ill Portent
The Fed has distorted the Treasury landscape, says a Bernstein savant. Without its bond buying, the 10-year would be yielding 3.7%.
Healthcare of Ontario Pension Earns 11.28% in 2021
Canadian pension plan tops benchmark as asset value grows to C$114.4 billion.
Crypto Companies Charged in $44 Million Ponzi Scheme
The owners of EmpowerCoin, ECoinPlus and Jet-Coin face charges of wire fraud, money laundering and obstruction of justice, among others.
Food Inflation Is Bad, but Should Level Off Near-Term, Says Shepherdson
Agricultural price rises are nothing like oil’s, reasons the Pantheon Macro economist.
Stanford Launches Research Initiative on Long-Term Investing
Ashby Monk gives CIO an inside look into the new initiative.
Norway’s Sovereign Wealth Fund to Exclude Chinese Firm Over Human Rights Abuses
Norges Bank says the risk is too high that sportswear and equipment maker Li Ning may be using forced labor.
Jobless Claims Shrink Amid Labor Shortages, but Market Shrugs
Powell charges that the tight employment situation is ‘unhealthy.’
Up and Coming Biotech Innovations Investors Should Know About
Investors name some key companies and strategies they see promise in.
Bill Proposes Ban on Institutional Investments in Russia
The IMPAIR Russia Act would prohibit institutional investors from investing in Russian entities.
Three Australian Funds Merge to Create the Country’s Second-Largest Retirement Fund
Officials hope that the mergers will reduce management fees and increase retiree benefits.
Investing in War-Leery European Stocks ‘Makes Sense,” Yardeni Says
The Ukraine problem has pulled down stocks on the Continent more than in the U.S.
Bipartisan House Bill Would Allow Annuities as 401(k) Default Options
Separate bicameral proposed legislation aims to boost auto-enrollment retirement plan participation.