 | | | | The U.S. government's over $4 trillion annual budget, the world's largest, relies heavily on individual wage earners whose taxes and retirement benefits are deducted from every paycheck, leaning particularly on the top 20% of income earners. | | | | | | Asset management firm Richard Bernstein Advisors said on Monday it has funded a scholarship at Spelman College geared toward bringing more Black employees into its industry. | | | | | | The Nov. 3 presidential election between President Donald Trump and former Vice President Joe Biden could have dramatic effects across markets, and investors are already trying to identify potential winners and losers. | | | | | | Billionaire bond fund manager Jeffrey Gundlach suggested in a Twitter post late Saturday that he may move from California to a lower-tax state if Sacramento raises taxes on the wealthy. | | | | | | The number of British entrepreneurs looking to "buy" citizenship from countries offering visa-free access to the European Union has risen sharply, investment migration firms say, as prospects of a post-Brexit trade deal between Britain and the bloc darken. | | | | | | Bank of America Corp said on Friday it was issuing a $2-billion bond, where a portion of the proceeds will be used for the financial empowerment of Black and Hispanic-Latino communities. | | | | | | Investors pulled a massive $25.8 billion out of U.S. equity funds in the week to Wednesday, the third biggest outflow ever from the asset class, BofA's weekly fund flow report showed on Friday. | | | | | | Top asset managers Vanguard Group Inc and BlackRock Inc on Thursday introduced new exchange-traded funds that exclude oil companies, coal producers and other industries that a growing number of investors want to avoid. | | | | | | Greenlight Financial Technology Inc, whose products include an app for parents to help teach financial responsibility to kids, said on Thursday it raised $215 million in its latest funding round, valuing the company at $1.2 billion. | | | | | | British fund managers' assets under management rebounded by the end of June towards record highs above 8 trillion pounds seen before the COVID-19 pandemic, estimates from the sector's trade body show. | | | | | |
