Traders work on the floor of the New York Stock Exchange during morning trading on February 23, 2024 in New York City. Michael M. Santiago | Getty Images Stocks sold off Friday as inflation and geopolitical worries once again dented investor sentiment on Wall Street. A broad decline in major bank shares also weighed on … Read more
Bob Iger and Nelson Peltz. CNBC In 2015, Nelson Peltz’s Trian Partners was defeated in an activist campaign against chemical firm DuPont, largely because the top three institutional shareholders voted against his slate. Nearly a decade later, those same institutional investors — Vanguard, State Street and BlackRock — are the three largest shareholders in Disney. … Read more
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., November 7, 2022. Brendan Mcdermid | Reuters Stocks rose Friday as investors returned to buying equities in force in recent days following a short-lived market stumble to start the new year. The S&P 500 rose around 0.7%, trading … Read more
Morsa Images | Digitalvision | Getty Images Current SSI asset limits ‘lock people in poverty’ Current SSI asset limits are extremely low — $2,000 for individuals and $3,000 per couple. Those thresholds apply to all kinds of assets, including cash, bank accounts, investments and household goods. Beneficiaries who go over the limits are suspended or … Read more
