Woke Inc. Author Launches Financial Firm to Compete with ‘Ideological Cartel’ of BlackRock, Vanguard
Ramaswamy said he raised $20 million to launch the Ohio-based financial firm called Strive.
Stock Market
Index Funds: ESG or Consumer Welfare? Choose One
The week of May 2: index funds and antitrust, as well as inflation, Hawaii’s pandemic, and more.
Dow Falls over 1,000 Points due to Inflation, Rate Hikes
Experts attribute the sharp changes to a collection of bad economic news over the last few months, chiefly led by the rise in inflation.
SEC Runs Roughshod Over Administrative Procedure Act
The recent drama over the way the SEC regulates proxy advisers violates the basic bargain of government service: accountability and transparency.
From the Twitter feed of @elonmusk, Owner & Proprietor of Twitter, LLC
Today is going to be an insane day.
Markets Tumble amid Fears of Rate Hike, Recession
Federal Reserve Chair Jerome Powell announced he would be looking to raise interest rates ‘expeditiously’ in May, to curb inflation.
Disney Stock Drops after Florida Republicans Pass Bill to Strip Company of Autonomous Status
The Florida House passed a bill Thursday stripping Disney of its autonomous governmental status.
Today in Capital Matters: End of the ‘Fed Put’
Desmond Lachman of AEI writes about what the changes in Fed policy mean for stocks and bonds…
Elon Musk Offers to Buy Twitter Outright, Take Tech Giant Private to Protect Free Speech
Musk said his belief that ‘free speech is a societal imperative for a functioning democracy’ motivated his offer.
Markets Plunge, Oil Prices Skyrocket after Russian Invasion of Ukraine
The Dow Jones fell 2.5 percent, dropping about 800 points, the S&P 500 index fell 2.6 percent, and the Nasdaq was down 3.3 percent.