SEC’s SPAC Scrutiny Leads to $38.8 Million Music Service Settlement
The regulator says it is ‘intently focused on SPAC merger transactions.’
News
Broken China? Maybe Things Aren’t So Bad
Despite crackdowns on businesses and too much debt, the nation should resume its ascent, says NEPC.
CalSTRS CIO Set to Receive $1.1 Million Bonus
Chris Ailman is up for a bonus that’s nearly twice his base pay for leading the pension to a 27.2% return.
What Corporate Cash Use Helps Stocks Most in the Pandemic?
You’d think the answer is stock buybacks. Guess again, says Goldman.
Why Inflation Might Not Be Temporary
Officials say inflation won’t last. But commodity prices show no signs of slowing down.
Worries Be Damned: Good Earnings Push Stocks Higher
S&P sets 60th record for 2021, amid relative strength warning.
Puny Q3 GDP Increase? Just a Bump in the Upward-Inclining Road, Says ING
Why the bank thinks 2021’s final period will be much better. Hint: consumers.
As COVID Recedes, Can Gold Maintain Its Lofty Level?
The commodity has been having a good month despite a recent report of low demand.
Iceland’s Retirement System Leads Global Rankings
A report finds the gender gap continues to persist in every retirement system in the world.
Microsoft Threatens Apple’s Market Cap Supremacy
Both once seen as has-beens, the two tech giants draw closer as the software firm picks up speed.
Brown Leads Ivies for Third Year in a Row, as Columbia, Harvard Lag Behind
Endowment investment returns range from 32.3% to 51.5% for the fiscal year ending June 30.
Credit Suisse to Pay Nearly $500 Million to Settle Mozambican Bond Charges
The investment bank was charged with financial crimes involving kickbacks and bribes to government officials.
GDP Growth Slows Down Big Time; the Market Shrugs
As a third quarter economic deceleration was expected, the S&P 500 keeps on gaining.
Get Ready for the Year’s Best Period: November Through April
CFRA says it has outshone any other rolling six-month stretch since World War II.
Op-Ed: The Climate Investment Dilemma—Divestment or Decarbonization?
FEG’s Tim O’Donnell explores the merits of engagement.