Cathie Wood’s flagship Ark fund tops $300 million in fees as investors lose billions

Many investors may be nursing losses so large they are unwilling to withdraw their funds Author of the article: Financial Times Madison Darbyshire in New York Published Mar 09, 2023  •  Last updated 12 hours ago  •  3 minute read Join the conversation Cathie Wood speaks during an interview on CNBC on the floor of the… Continue reading Cathie Wood’s flagship Ark fund tops $300 million in fees as investors lose billions

Cocaine, Mongolian coal mines and the checkered path of a Vancouver-area penny stock

Adastra Labs has a Health Canada licence to possess, produce, package and sell cocaine, but not to anyone A safe supply of cocaine handed out to drug users in Vancouver’s Downtown Eastside, in 2021. Photo by Darryl Dyck/The Canadian Press With its mountains, beaches and movie-star good looks, Vancouver is a world-class urban jewel, despite… Continue reading Cocaine, Mongolian coal mines and the checkered path of a Vancouver-area penny stock

High interest rates mean you don’t want to be late if you pay income tax by instalments

Jamie Golombek: You could be hit with arrears interest at the highest rate we’ve seen in more than 15 years Ignoring the upcoming March 15 income tax instalment deadline will cost you a lot more thanks to higher interest rates. Photo by Getty Images/iStockphoto Beware the ides of March. Advertisement 2 This advertisement has not… Continue reading High interest rates mean you don’t want to be late if you pay income tax by instalments

Peter Hodson: 5 investor tactics and behaviours I wish I could figure out

Here are some of things I do not know, or at least don’t get, in the investment world these days If a professional investor is claiming cash as his top investment idea, he needs to try a little harder. Photo by Getty Images/iStockphoto One thing I love about the investment world is that you can… Continue reading Peter Hodson: 5 investor tactics and behaviours I wish I could figure out

Stock Market Today: Stocks Sink Ahead of February Jobs Report

Stocks opened higher Thursday after data from the Labor Department showed that weekly jobless claims rose last week. Earlier this week, Federal Reserve Chair Jerome Powell warned that the central bank is prepared to issue more rate hikes should economic data continue to come in strong.  But the enthusiasm was short-lived, with the major benchmarks… Continue reading Stock Market Today: Stocks Sink Ahead of February Jobs Report

Silvergate Stock Sinks on Liquidation News

Silvergate Capital (SI (opens in new tab)) tumbled Thursday after the financial firm said it will shut down operations and liquidate assets at its crypto-friendly subsidiary, Silvergate Bank. The decision, which was made voluntarily, was announced on Wednesday, March 8, with SI citing “recent industry and regulatory developments.” The firm added that all deposits will… Continue reading Silvergate Stock Sinks on Liquidation News