ARK Invest founder Cathie Wood offered the latest defense of the once-high-flying, disruptive innovation strategies that had made her suite of exchange-traded funds the most popular and best-performing on Wall Street in 2020. In a blog post Friday night, Wood said that despite a brutal effort that has forced the operators of the ARK Invest … Read more
This article is reprinted with permission from NerdWallet. Even before the pandemic, home booking sites such as Airbnb ABNB, +1.41% and Vrbo became increasingly popular with travelers. The opportunity to have a homely experience, complete with full kitchen, extra living space, and local flavor, was more appealing to many than a standard hotel room. Arlyce … Read more
Wall Street can wait. That was the message Monday from most of the roughly $10.6 trillion US corporate bond market, a Wall Street behemoth that was dormant as investors around the world waited for possible spillovers from the debt burden of China’s second-largest real estate developer. . A handful of U.S. investment-grade companies that initially … Read more