For decades, the world of high finance has operated under a rigid divide between making money and doing good. To many, profit and purpose were seen as opposing forces, but Jenna Nicholas is spending her career proving that they are actually symbiotic. As the president of LightPost Capital, Nicholas has transitioned from observing the pioneers
Investors from Omaha to Chicago are snapping up tens of millions of dollars in delinquent property tax debts from Ohio county treasurers, giving them the right to collect on liens plus interest rates as high as 18 percent from homeowners already struggling under post-pandemic property tax hikes. Several of Ohio’s largest counties sold off record
With the stock market trading near record highs and the S&P 500 having more than doubled from its October 2022 lows, investor confidence is soaring. Many believe the bull market will charge on indefinitely, fueled by pro-growth policies, deregulation, and easing mortgage rates. But market forecasters have no crystal ball, and history offers an uncomfortable
In the high-flying world of AI investing, sometimes you get the bull and sometimes you get the horns. Leopold Aschenbrenner, the 24-year-old former OpenAI employee once dubbed the “Nostradamus of AI,” found out last week just how quickly fortunes can reverse. His hedge fund, Situational Awareness, named after his widely circulated 165-page research paper, had
Investors looking at publicly traded firearm and ammunition manufacturers are stepping into a small, unusually cyclical corner of the industrials sector where standard valuation methods can lead them badly astray. These companies cannot be judged on a single year’s earnings the way a steady consumer-goods business might be. The demand swings hard, often surging when
For five decades, the shadow of Jack Bogle has loomed large over Wall Street. Since launching the first publicly available index fund in 1976, Bogle sparked a revolution that shifted the investing landscape from high fee active picking to passive tracking. Today, index funds and ETFs hold significantly more assets than their actively managed counterparts,
A handwritten note on a legal pad caught everyone’s attention during President Trump’s recent Cabinet meeting. Photographers zoomed in on Treasury Secretary Scott Bessent’s notepad and spotted six words that would send ripples through global financial markets: “Buy Japanese Yen (JPY) $5-10 bil.” Reuters later confirmed that the U.S. Treasury followed through on Friday by
Index Ventures is doubling down on its bet on the future of technology with a massive new capital raise totaling 3.5 billion dollars. This fresh injection of funding is split across three distinct vehicles designed to support entrepreneurs at every stage of their development, featuring a 400 million dollar seed fund, a 900 million dollar
A Jefferies analyst is pushing back hard against institutional investors who have blacklisted SpaceX over governance concerns, calling their objections overly simplistic and potentially costly. Aniket Shah, the Wall Street bank’s global head of sustainability and transition strategy, said investors who refuse to hold the stock based on traditional governance checklists are missing the bigger
A national study has ranked Laredo as the sixth-safest large city in the United States, a distinction that local leaders say is the product of years of deliberate investment rather than coincidence. The personal finance website SmartAsset evaluated 83 cities with populations of at least 250,000, scoring them on violent crime rates, property crime rates,