According to Goldman Sachs, during the last 18 years, stocks with the largest increase in the number of hedge-fund investors have typically gone on to outperform sector peers during the quarters following their rise in popularity. See full story.
Why the future for Microsoft, Amazon, Google, Apple and other pricey growth stocks isn’t so bright
Earnings growth won’t be robust enough to justify current stock prices, new research suggests. See full story.
Fed will launch a broad discussion of a digital dollar this summer, Powell says
The Fed will launch a broad discussion later this summer with the public and Congress about the potential benefits and costs of a digital dollar, Fed Chairman Jerome Powell said Thursday. See full story.
Workers feel burned by bosses’ broken promises about the future of remote working and about ‘BS’ corporate culture
How are you going to get them back into the office now that they’ve seen another way? See full story.
Most Uber and Lyft trips will have to transition to electric vehicles in this decade, California declares
California is the first state in the nation to require that nearly all the miles traveled by ride-hailing drivers take place in electric vehicles by 2030. See full story.
‘We had a child three years ago. Around that time we decided that I would relocate, about 200 miles, and move in with her’ See full story.