Despite success this year, underperformance rates are ‘abysmal’ for large-cap active managers for the long run

The S&P 500 may be trading around 2022 lows, but a new report finds active managers are having their best year since 2009. The numbers suggest they still have a long way to go, though. S&P Global recently published its Mid-Year 2022 SPIVA U.S. Scorecard, which measures how well U.S. actively managed funds perform against…

Sorry, hard seltzer — beer companies are into canned cocktails now

Boxes of Cutwater Tiki Rum Mai Tai canned cocktails in a retail store in Pleasant Hill, California, February 11, 2022. Gado | Archive Photos | Getty Images Hard seltzer has lost its fizz. Now canned cocktails are all the buzz. Also known as ready-to-drink, or RTD, cocktails, the canned drinks were the fastest-growing spirits category last year,…

Activist Jana prepares to bring star nominees to Freshpet’s board. Here’s how it may create value

In this article FRPT Follow your favorite stocksCREATE FREE ACCOUNT Inti St Clair | Tetra Images | Getty Images Company: Freshpet (FRPT) Business: Freshpet manufactures and markets natural fresh meals and treats for dogs and cats in the United States, Canada and Europe. The company sells its products under the Freshpet brand, along with Dognation…

Americans are suffering from ‘recession fatigue,’ report finds

A recession is a very real possibility. As the Federal Reserve aggressively raises rates to combat persistent inflation, the tough stance could come at a price. Already, falling stock markets have wiped out more than $9 trillion in wealth from U.S. households. Fed Chairman Jerome Powell also warned the central bank’s upcoming moves to fight soaring prices may…

Stocks making the biggest moves premarket: Nike, Micron, Amylyx and others

In this article NKE MU AMLX RCII Follow your favorite stocksCREATE FREE ACCOUNT Check out the companies making headlines before the bell: Nike (NKE) – Nike slumped 10% in the premarket after it reported a 44% increase in inventories for its latest quarter, and said it would offer more discounts heading into the holiday season….

Cramer’s lightning round: nLight is not a buy

Loading chart… UiPath Inc: “It’s losing money, and I don’t recommend companies that are losing money.” Loading chart… Cheniere Energy Inc: “Good yield, safe, long-term. … That’s the way I would go.” Loading chart… Equinor ASA: “[Enbridge] gives you a much better yield.” Loading chart… MP Materials Corp: “It does make money, and it is…

Arizona attorney general calls student loan forgiveness ‘unconstitutional’ in legal challenge to Biden’s plan

Arizona Attorney General Mark Brnovich has brought a legal challenge against the President Joe Biden’s sweeping student loan forgiveness plan, possibly putting the administration’s proposal to wipe out much of the debt of tens of millions of borrowers in jeopardy. “This mass debt forgiveness program is fundamentally unfair, unconstitutional and unwise,” Brnovich said in a…

Stocks making the biggest moves midday: Nike, Rent-A-Center, Carnival Cruise

In this article NCLH RCL LULU GNRC AMLX NKE NUE RCII CCL TWTR Follow your favorite stocksCREATE FREE ACCOUNT People walk near the entrance to Nike store, May 25, 2022 in Moscow, Russia. Konstantin Zavrazhin | Getty Images News | Getty Images Check out the companies making headlines in midday trading. Nike — Nike shares…

Unions could face a big obstacle in 2023 if the economy falls into a recession

The union movement that kicked off across the country more than a year ago has continued its momentum in 2022, with workers in warehouses, coffee shops, grocery stores and airlines pushing for representation. Working conditions during the pandemic pushed many of these frontline workers to organize, but fears about the economy and a potential recession…

Met Gala 2023 theme will celebrate late designer Karl Lagerfeld

Karl Lagerfeld attends the Conde’ Nast International Luxury Conference at Palazzo Vecchio on April 22, 2015 in Florence, Italy. Vittorio Zunino Celotto | Getty Images The Metropolitan Museum of Art announced on Friday next year’s Met Gala theme: a celebration of the works of the late German designer Karl Lagerfeld. The Gala, formally known as…

These are the best ways to give to charity for the ‘vast majority of people.’ Here’s how to pick the most tax-efficient strategy

Catherine Mcqueen | Moment | Getty Images It’s easy to transfer cash when a charity pulls at your heartstrings. But other giving strategies may provide a bigger tax break, financial experts say. Despite economic uncertainty, nearly 70% of Americans plan to donate a similar amount to charity in 2022 as last year, according to a…

Dishonesty around money could be a relationship killer, couples say. Here’s what successful partners do differently

Cavan Images | Cavan | Getty Images It’s no secret that money issues can add stress to a relationship. But a new survey from The Knot, a wedding planning website, finds couples say certain moves are deal breakers in their relationships. related investing news Medical costs are rising. Stocks are slumping. How to get the…