Business

Wasatch Global Investors, an asset management company, released its “Wasatch Micro-Cap Fund” first-quarter 2025 investor letter. A copy of the letter can be downloaded here. The fund was down -16.57% in…

Stock market investors don’t have much to cheer about in the second Trump term, except perhaps for a new and almost flawless trading strategy — the TACO trade. The acronym,…

Norsepower, a provider of wind propulsion systems, has signed an agreement to equip six newbuild tankers from GEFO Shipping Group with its Norsepower Rotor Sails. The order includes four 3,850dwt…

The movie “The Big Short” — dramatizing the reckless behavior in the banking and mortgage industries that contributed to the 2008 financial crisis — captures much of Wall Street’s misconduct…

Deep in the mountains of northern Peru, a bloody war is being fought over gold. As its international price sets successive record highs above $3,000 (£2,220) an ounce, criminal gangs,…

Meridian Funds, managed by ArrowMark Partners, released its “Meridian Contrarian Fund” first quarter 2025 investor letter. A copy of the letter can be downloaded here. U.S. equities saw their weakest…

The firestorms that swept through Pacific Palisades, Altadena and other communities Jan. 7 not only devastated thousands of homeowners but highlighted a giant problem: the growth of the state’s insurer…

Introduction: Trump tariffs blocked by US court in New York Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. A federal court…