Category: Money

Ackman Says Pershing Square Holdings Up 01 Percent This Year

BOSTON – Two days after billionaire investor William Ackman told clients that he was making money across all his funds again, he said on Thursday that his publicly...

Us Bank Stock Gains May Stall After Two-year Rally

– After two years of sharp gains for U.S. bank stocks, investors betting on another big boost for 2018 may be disappointed unless loan growth accelerates or...

Norways Wealth Fund Voted Against Shell Climate Target Motion

OSLO – Norway’s $1 trillion wealth fund voted against a motion at Shell’s annual meeting urging the energy giant to set climate targets, despite a push...

Corvex Icahn To Mull Bid For Oil And Gas Producer Energen

BOSTON – Activist hedge fund manager Keith Meister and billionaire investor Carl Icahn said they may try to buy oil and gas producer Energen Corp (EGN.N),...

Hedge Fund Jana Partners Has No Shares In Caseys Stores Spokesman

BOSTON/NEW YORK – Jana Partners said on Wednesday it was not invested in Casey’s General Stores Inc after speculation that the hedge fund had built a stake...

Daycare Costs Harder To Afford Than College For Many

CHICAGO – Americans are not having enough babies. The nation’s fertility rate hit a record low in 2017, and one has to wonder: Could the cost of raising children...

Deutsche Bank Looks To Cut 10000 Jobs To Reduce Costs Source

FRANKFURT – Deutsche Bank (DBKGn.DE) plans to cut 10,000 jobs, or about a tenth of its global workforce, as part of efforts to reduce costs, a person with...

Ideology Threatens To Trump Facts In Official Medicare Handbook

CHICAGO – In September, the federal government will mail a handbook on Medicare enrollment to 43 million households. “Medicare & You” is an...

The Next Frontier In Workplace Wellness Financial Health

NEW YORK – Study after study shows that money stress can be as bad for workplace productivity as back pain. The latest study, released by PwC on Tuesday, found...