Fidelity Contrafund’s Will Danoff Is Getting Closer to Handing Off the Reins
The legendary manager has taken on two co-managers to help him run the mammoth fund. Just don’t use the word “retirement.”
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More uninsured drivers, more unfixed damage: Soaring car-insurance prices have pushed Americans into risky trade-offs
Here’s why car-insurance prices will continue to weigh heavily on drivers, likely prompting them to make more high-stakes bets next year.
Find insight on Visa, the U.S. housing market and more in the latest Market Talks covering Financial Services.
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SEC Alleges That Fake Crypto Firms Stole $14 Million From Would-Be Investors
The agency says investors’ money disappeared overseas “through a web of bank accounts and crypto asset wallets.”
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Bank of Canada Officials Unsure on Future Direction of Rates, Minutes Say
Policymakers were reluctant to predict whether the next change in interest rates would be up or down, citing volatile data and elevated trade-policy uncertainty.
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Schwab and Robinhood Will Match $1,000 Gift to Trump Accounts
The brokerages follow similar announcements from Dell Technologies, BNY Mellon, and BlackRock.
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Bitcoin Miners Thrive Off a New Side Hustle: Retooling Their Data Centers for AI
The pivot to AI has lifted a bitcoin-mining ETF by 90% this year, even as bitcoin itself has slumped.
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Car Payments Now Average More Than $750 a Month. Enter the 100-Month Car Loan.
The price of new cars and trucks in the U.S. has increased 33% since 2020, and consumers are piling on interest as they stretch out loan terms to eight, nine and nearly 10 years.
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‘Golden Visas’ Cost Real Money. Why the Rules Keep Changing.
Programs that offer residency in exchange for some type of investment vary widely and constantly change, according to a new report.
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How Charlie Javice’s Legal Fees Hit $74 Million: Gummy Bears and Star Lawyers
A list of legal expenses included $530 in gummy bears, a seafood tower and thousands of dollars on hotel upgrades, new court documents reveal.
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Nelson Peltz’s Trian and General Catalyst to Take Janus Henderson Private
Firms will pay $7.4 billion after Trian first took a stake in 2020 and publicized an offer in October.
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The Private-Credit Party Turns Ugly for Individual Investors
Funds called BDCs that make corporate loans have had a rough 2025, just as the private-credit industry looks to “democratize” their offerings.
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Fed’s Hammack Is Inflation-Wary and Prefers Holding Rates Steady Into the Spring
The Cleveland Fed president, who will vote on rates in 2026, said she is taking November’s cooler inflation reading “with a grain of salt.”
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Ten-Year JGB Yield Hits 26-Year High After BOJ Rate Increase
Japanese government bond yields continued their ascent, with the 10-year yield hitting a 26-year high, on expectations for further rate increases by the Bank of Japan.
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Permira-, Warburg-Led Consortium to Acquire Clearwater Analytics in $8.4B Deal
Singapore state-owned investor Temasek is also part of the deal to acquire the fintech software company, while investor group Francisco Partners is supporting the acquisition.
