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Puerto Rico’s economic activity index for August showed improvements from July and from August 2020. The index’s value was up 0.2% from July and up 3.3% from August 2020. August was the second consecutive month the index went up on a month-to-month basis. “The recovery in economic activity continues but at a weaker pace,” said
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In this article CAR A customer boards an Avis Budget Group Inc. shuttle bus at the Denver International Airport (DEN) in Denver, Colorado, U.S., on Wednesday, Oct. 28, 2015. Luke Sharrett | Bloomberg | Getty Images Car rental stock Avis Budget surged Tuesday after the company reported a stronger-than-expected third quarter that sparked massive trading
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The Berman Buckskin Ranch in low-key Placerville, Colorado, has had no shortage of high-stakes owners. The glass, wood and stone main house was originally designed for Academy Award-winning writer and director Oliver Stone and later re-envisioned by Lyle Berman. The professional poker player and business executive got his start working at his dad’s leather business, for whom
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Securities and Exchange Commission Chairman Gary Gensler focused much of his comments Tuesday on the topic of climate disclosure, a theme of increasing importance for not only corporate but municipal issuers as well. Gensler was speaking at the Securities Industry and Financial Markets Association’s Annual Meeting on Nov. 2. The SEC is working on an
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Former hedge fund manager Nelson Saeirs’ paintings visually represent the volatility trading algorithms he used on Wall Street. This one is titled, “The VIX over 40.” A reading in the VIX volatility index over 40 has historically preceded huge market losses Source: Nelson Saiers If there ever was a year active management should have outperformed
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