In the realm of gold investments, many investors are initially attracted to the apparent simplicity and cost-efficiency of gold mutual funds, largely because they showcase a relatively low expense ratio. However, beneath the surface, a hidden cost often goes unrecognized—the dual expense ratio. Rajani Tandale, Senior Vice President of Mutual Funds at 1 Finance, said,
Protesters stage ‘study-in’ in front of Education Department Protesters staged a “study-in” demonstration in front of the Education Department after President Donald Trump’s executive order. Michigan Electronic Library is funded by Institute of Museum and Library Services grant money, library advocates say. The electronic library is in jeopardy unless replacement funds are found. Other services,
The Trump administration has tried to pull the plug on the federally funded EV charger program designed to electrify America’ highways, but that isn’t stopping Pennsylvania from charging ahead. The $7.5 billion National Electric Vehicle Infrastructure program was included in the Bipartisan Infrastructure Law passed in 2021, and aimed to build out charging infrastructure in
Money market funds (MMFs) remain viable safe havens for investors despite drops in interest rates of most instruments. Money market refers to trading in short-term debt investments, according to Investopedia. They include trading in treasury bills, commercial papers, money market mutual funds, certificates of deposits, among others. Most money market yields have seen slight declines
Private-equity investments in China could be on a stronger recovery path, bolstered by increased capital from the Middle East and adaptive strategies from US funds, according to Bain & Company. “A positive momentum for China could lead to a more positive outlook already in 2025 and 2026,” Sebastien Lamy, co-leader of the Asia-Pacific private-equity practice
Former Girardi Keese lawyer Robert Finnerty was charged in California State Bar Court for misleading clients about settlement payments alongside convicted ex-lawyer Tom Girardi. Finnerty, a partner with Abir Cohen Treyzon Salo, helped Girardi conceal a $53 million settlement from the Ruigomez family, according to the notice of disciplinary charges filed Friday. Their home exploded
Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal! The whispers are turning into roars. Artificial intelligence isn’t science fiction anymore. It’s the revolution reshaping every industry on the planet. From driverless cars to medical breakthroughs, AI is on
Just three days after the Alabama Public Library Service voted to cut funding to the Fairhope Public Library, donors have raised 80 percent of the state’s annual allocation for the library. As of Sunday at 11:59 p.m., a fundraiser started by the Fairhope chapter of Read Freely Alabama had raised 77 percent of its $40,000
Stay informed with free updates Simply sign up to the Exchange traded funds myFT Digest — delivered directly to your inbox. Earlier this year, Morningstar collated the data on which US investment funds have created the most wealth for investors over the past decade. Booring. The list was naturally dominated by big index funds. The
Carbon Arc, a startup from former Point72 executive Kirk McKeown, launched Thursday. The data platform allows small funds and businesses to purchase data by the megabyte, sometimes for less than $1. The startup raised $55 million, and its backers include former celeb agent Michael Kives’ K5 Global. Carbon Arc is hoping to level the playing