The head of the Justice Department’s antitrust unit said Thursday she is leaving the role, effective immediately, at a critical moment for corporate mergers in America. Gail Slater, the Assistant Attorney General of the Antitrust Division, wrote on social media site X: “It is with great sadness and abiding hope that I leave my role […]
Saudi Arabia appointed Fahd bin Abduljalil bin Ali al Saif as the kingdom’s new investment minister Thursday, replacing Khalid Al-Falih, a key figure who oversaw foreign investment inflows and economic diversification, as Riyadh reckons with mounting obstacles to its ambitious Vision 2030 plans. The shakeup comes amid a broader Saudi economic restructuring: The kingdom opened […]
Smarter alpha-Get more from a portfolios core By Laurence Taylor, CFA , Andrew W. Tang, CFA, CAIA® Download the PDF … Read the full article…
After years of advising fashion and beauty brands on the metaverse and Web3, Cathy Hackl, chief metaverse officer and co-founder of metaverse consultancy Journey, is launching her own luxury label, VerseLuxe. The project is an effort to show the possibilities of Web3 technologies, as the label’s necklaces and bracelets are connected to NFTs via an […]
US stock futures gained on Thursday as investors looked ahead to the next batch of earnings and the upcoming inflation update on the heels of a stronger-than-expected January jobs report. Dow Jones Industrial Average futures (YM=F) and S&P 500 futures (ES=F) rose around 0.3%, while those on the tech-heavy Nasdaq 100 (NQ=F) added 0.2%. The […]
What we learned from today’s economic updatepublished at 08:13 GMT 08:13 GMT Theo LeggettBusiness correspondent The UK economy grew by 0.1% in the three months to the end of December, according to preliminary estimates from the Office for National Statistics. That was the same figure as in the previous quarter, but lower than some analysts […]
AMC Networks, the company behind such cable channel brands as AMC, IFC and Sundance TV, as well as such streaming services as AMC+, Acorn TV and horror streamer Shudder, reported a 10 percent drop in fourth-quarter U.S. advertising revenue to $124.8 million on Thursday. U.S. subscription revenue of $314.8 million was up slightly from a year-ago $314 million on higher streaming […]
Cost, diversification, and portfolio strategy set these two consumer staples ETFs apart for investors seeking sector exposure. The Fidelity MSCI Consumer Staples Index ETF (FSTA +1.24%) and the Invesco S&P 500 Equal Weight Consumer Staples ETF (RSPS +1.46%) both target U.S. consumer staples stocks, but they take different approaches. FSTA tracks a market-cap-weighted index, heavily […]
EVANSVILLE, Ind. (WFIE) – A massive change is on the horizon for the Evansville Riverfront. The Evansville Regional Economic Partnership is working to build a park to attract people and businesses to Evansville. Officials held a meeting downtown to present updated plans to a steering committee, and field questions about what they have in store. […]
BritBox President Robert Schildhouse has been promoted to CEO of its rebranded direct to consumer business that includes BritBox North America and BBC Select. Last year, BBC Select, the documentary streaming service from BBC Studios, was brought under Schildhouse’s leadership. This has allowed BBC Studios “to deliver a more focused approach to its streaming operations […]
