About the author: Molly McGaughan is managing director for North America at Beyond. For decades, investors have chosen pharma stocks based largely on which companies have drugs and vaccines being sold to large numbers of people. Savvy shareholders in these companies have worked to avoid looming “patent cliffs”—the moments when exclusivity on popular therapies runs
If you had asked me to point out Oklahoma, let alone Tulsa, on a map three years ago, I wouldn’t have been able to do it. Fast forward to today and, while my geography hasn’t much improved, I can not only point out Oklahoma on a map, I live there. I’m a native Californian—born in
In a surprising turn of events, the U.K. emerged from recession with 0.6% growth in the first quarter of 2024, the fastest rate in two years. The country appears to be diverging from the rest of Europe, which according to the 2024 EY Europe Attractiveness Survey is facing significant challenges. Our survey reveals that Europe’s
For generations, homeownership has been a fundamental component of the American Dream. It’s a symbol of prosperity, a catalyst for upward mobility, and the hope to provide your children and their children the opportunities that may not have been afforded to you. Everyone who owns a home understands the sacrifices made and the hard-earned dollars
Take a moment to look around your neighborhood and beyond. In your observations, have you noticed an increasing number of children out and about during school hours? If you have, you’re witnessing the warning signs of future societal instability. And yes, those warning lights are blinking red. Surprise? Not really. It’s been coming for decades.
Eloise Reyes Assemblymember Jesse Gabriel (D-Encino) joined California Attorney General Rob Bonta and joint author Assemblywoman Eloise Reyes (D-Colton) announced Attorney General Bonta’s sponsorship of a bill that would allow state courts to levy increased monetary penalties on corporations convicted of criminal offenses. Such penalties would in turn provide much-needed funding for crime victim service
MREITs, or mortgage real estate investment trusts, operate similarly to traditional REITs but focus on purchasing individual mortgages and mortgage-backed securities instead of physical properties. They mitigate duration risk and primarily rely on mortgage spreads for returns. In this article, let us analyze robust mortgage REITs KKR Real Estate Finance Trust Inc. (KREF), BrightSpire Capital,
New York’s elected leaders are working to craft the next state budget. In doing so, they are debating how much funding will be available for our counties, cities, towns, villages and water districts to prevent water pollution and update our water and wastewater infrastructure – the systems that bring clean water to our homes and
This is commentary by Allan Sloan, an independent business journalist and seven-time winner of the Loeb Award, business journalism’s highest honor. We hear lots of talk about the problems that high interest rates have been causing since the Federal Reserve began jacking up rates two years ago. We also hear endless talk from people waiting
As presidential campaigns court the votes of 50 million crypto investors, it’s time to reintroduce America to blockchains’ real benefits
A cultural and political shift in Washington is suddenly favoring blockchain technology, one of the most important internet innovations of the last 15 years. Blockchains—the uses of which include but aren’t limited to cryptocurrency—recently received bipartisan support in both chambers of Congress. On May 23, the SEC approved exchange-traded funds (ETFs) for the spot market