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Ark Invest CEO: Tesla 'is a replay of Apple'

Ark Invest CEO: Tesla 'is a replay of Apple'

Tesla (TSLA) and Apple (APPL) have at least one thing in common – and it’s a big factor leading one analyst to project a price target of $4,000 for the electric vehicle manufacturer. It comes down to the chips, ARK Invest CEO and CIO Cathie Wood said in an interview with Yahoo Finance on Friday. […]

Stocks fall, retail sales disappoint

Stocks fall, retail sales disappoint

Stocks fell Monday afternoon, extending losses after last week’s steep declines. The S&P 500 (^GSPC) fell 0.43%, or 11.92 points, while the Dow (^DJI) slipped 0.22%, or 55.09 points as of 12:04 p.m. The Nasdaq (^IXIC) declined 0.8%, or 60.55 points. The three major indices posted one-day gains by the end of trading Friday following […]

Top Finance Metrics You Should Be Tracking (Even If You're Not An Accountant)

Top Finance Metrics You Should Be Tracking (Even If You're Not An Accountant)

In the world of business, it is common practice to rely on accountants to keep track of revenue-generating activities and evaluating them periodically. However, it’s wise for business leaders in the tech world to track certain metrics directly — especially at certain benchmarks throughout the year. Here are five important metrics and what they mean […]

Blackstone's Steve Schwarzman bails on Saudi finance conference

Blackstone's Steve Schwarzman bails on Saudi finance conference

Stephen Schwarzman, founder and CEO of The Blackstone Group, no longer plans to attend the Future Investment Initiative, hosted by Saudi Arabia’s Crown Prince Mohammed bin Salman and the kingdom’s sovereign wealth fund, Axios has learned. This comes after earlier Wall Street withdrawals from J.P. Morgan CEO Jamie Dimon and Blackrock CEO Larry Fink. What […]

As global finance chiefs warn of economic woe, the ASX falls again

As global finance chiefs warn of economic woe, the ASX falls again

Judging by some of the headlines emerging from Bali over the weekend, we are just a few wrong moves away from a global market meltdown. Finance ministers and central bankers from nearly 190 countries gathered on the Indonesian island for the IMF and World Bank’s annual gathering to essentially fret about the gathering trade war […]

Fintech offers fresh ways to finance an MBA

Fintech offers fresh ways to finance an MBA

Cameron Stevens hit a snag when he tried to take out a loan to pay for his MBA at Insead in France in 2005. Mr Stevens is South African, andwas working in Malaysia. A high-street bank offered to cover the €50,000 cost — but demanded he put up the full amount in liquid assets as […]

'Winter is coming,' warn finance chiefs

'Winter is coming,' warn finance chiefs

IMF managing director Christine Lagarde. Picture: AFP ‘Winter is coming,’ warn finance chiefs Independent.ie Global finance chiefs used the closing sessions of talks in Bali, Indonesia, to hammer home the message that simmering trade tensions are already denting global growth and need to be resolved. https://www.independent.ie/business/world/winter-is-coming-warn-finance-chiefs-37419291.html https://www.independent.ie/incoming/article37399223.ece/82c86/AUTOCROP/h342/AFP_1959MK%20Read-Only.jpg Email Global finance chiefs used the closing sessions […]

Danvers' finance director starts just in time

Danvers' finance director starts just in time

DANVERS — The town has hired a new finance director, just in time for budget season. Rodney Conley was the town’s top choice out of about 20 candidates, according to Town Manager Steve Bartha. For the past five years, Conley worked for the city of Lowell, starting as a member of the city’s performance management team […]

Ireland's 2019 budget first balanced in decade: finance minister

Photo from Department of Finance of Ireland shows the Irish Finance Minister Paschal Donohoe presenting the government’s 2019 budget before he tabled it to the lower house of the Irish parliament for debate.(Xinhua/Department of Finance of Ireland) DUBLIN, Oct. 14 (Xinhua) — Irish Finance Minister Paschal Donohoe has recently introduced to the parliament Ireland’s 2019 […]

IRTI, UNHAS to enhance Islamic finance education

IRTI, UNHAS to enhance Islamic finance education

JEDDAH — As part of initiatives to develop Islamic finance as an academic discipline, the Islamic Research and Training Institute (IRTI) of the Islamic Development Bank (IsDB) Group has signed a memorandum of understanding with Universitas Hasanuddin (UNHAS) of Indonesia. The memorandum was signed by the Director General of IRTI, Dr. Humayon Dar, and […]