May 05, 2024 Last Updated 04:50 AM EDT

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DAVID RANDALL

Personal Finance

Fund managers say this is selloff they have been waiting for

For the first nine months of this year, U.S. fund managers could be counted on to tout the same line: the stock market was getting so expensive they could do nothing but sit on their hands. Yet the nearly 8 percent decline in the S&P 500 over the last two weeks has some top-performing portfolio managers buying for the first time in months.

Markets

Fund managers line up for high-yielding energy company subsidiaries

The hunt for dividend yield is pushing U.S. fund managers into an unproven new offshoot of the alternative energy industry.

Personal Finance

As women earn more, fund managers buy shares of U.S. daycare company

U.S. fund managers are finding a lot to like about finger-painting and naptime.

News

As music sales fall, sax player Kenny G turns to stockpicking

Kenny G, the best-selling jazz musician who once played at President Bill Clinton's inaugural ball, wakes up every morning to Starbucks.

News

Dipping into the noisy U.S. housing market

The U.S. housing market roared in July, but investors may want to tiptoe rather than jump into the sector, analysts and fund managers say.

Latest Stories

Regulatory Hurdles Remain Despite Cannabis Reclassification

Tuesday afternoon saw a spike in cannabis stocks due to reports that the Biden administration might reclassify the substance as less harmful. T

Forget Starbucks, This Restaurant Stock is the Next Hot Ticket

You would be better off searching elsewhere for investors seeking the type of growth that Starbucks embodied in its earlier years.

The Truth About Tipping: Are There Situations Where It’s Optional?

If you're not sure whether to tip, you might want to consider asking yourself these questions.

Investors Pull Another $51.5 Million from US Spot ETFs

Net withdrawals from spot bitcoin exchange-traded funds in the US were over $51.5 million.

Is Your Bank Safe? Hundreds of U.S. Lenders Face Potential Failure

Numerous small and regional banks throughout the United States are experiencing significant strain.

Must Read

Interest Rate Freeze: Credit Card Debt Holders Could Face Continued High Costs

The Federal Open Market Committee (FOMC) meeting of the Federal Reserve came to an end earlier today. Additionally, the Federal Reserve declared that it will not be raising its target federal funds rate.

Is Your Luxury Bag Real? Rising Superfake Quality Threatens Your Investment

Luxury handbag counterfeiting has taken off on social media. The most recent wave of counterfeit handbags, dubbed "superfakes," resembles the real luxury item remarkably well rather than being poorly constructed knockoffs.

Inflation Bites as Low-Income Shoppers Skip Extras

Several of the most well-known companies in America claim that as prices rise, inflation is pinching their customers.

Pennsylvania Town Named Most Affordable Place to Retire

Most people probably have no concept what the perfect little town in America is like to retire to.

Side Hustle Tips: A Beginner’s Guide to Becoming Successful

As per Gusto's 2024 New Business Formation Report, 44% of those who launched a business in 2023 did so while employed, a rise from 27% in 2022.

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