Yale’s $41.4 Billion Fund Reports Second-Lowest Ivy Return

Oct 25, 2024 | Markets

Yale University’s endowment recorded a 5.7% investment return during the year ended in June, the lowest in the Ivy League except for Princeton. The Yale fund’s value increased to $41.4 billion, the school said in a statement Friday. The endowment contributed $2...

GOP Sweep Would Ignite Animal Spirits, $12 Billion Adviser Says

Oct 24, 2024 | Markets

Investors should be prepared for US market volatility and lower long-term returns on stocks whether Donald Trump or Kamala Harris wins the Nov. 5 presidential election, money managers said at a Bloomberg event in Los Angeles. Todd Morgan, chairman of Bel Air...

US Previously Owned Home Sales Fall to an Almost 14-Year Low

Oct 23, 2024 | Markets

NAR report showed a 1% drop in September to 3.84 million pace Number of available homes increased 23% from a year ago US sales of previously owned homes declined to an almost 14-year low in September as prospective buyers waited for a further decline in mortgage rates...

Harris Goes Quiet on Biden’s Push to Tax Unrealized Gains

Oct 23, 2024 | Markets

Candidate distances herself from White House on investor taxes Democratic nominee crafts message to appeal to moderates Vice President Kamala Harris has gone silent on Democrats’ bid to tax unrealized investment gains — casting doubt on how strongly she’d push for a...