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Children are more familiar with crypto than parents, T. Rowe survey shows
Children are more likely to know about cryptocurrency than their parents are, according to T. Rowe Price’s latest Parents, Kids & Money Survey, which drew responses from over 2,000 parents and their children, ages eight to 14. 57% of children are familiar with cryptocurrency in contrast with just 47% of parents, with older children, ages […]
Markets 2021: Stocks soar, IPOs explode, crypto goes wild
Wall Street delivered another strong year in 2021, as a resurgence in consumer demand fueled by the reopening of the global economy pumped up corporate profits.
Robinhood cryptocurrency trading surges, as overall growth slows
After helping a new generation of investors get into stocks, Robinhood is increasingly doing the same for cryptocurrencies.
Keeping what’s yours: Fund investing has never been cheaper
Being cheap pays off when it comes to fund investing, and more investors are heeding the call.
Remain disciplined despite market’s volatility, Md. financial advisers say
Maryland money managers preached patience after a tumultuous week reintroduced volatility to the stock market, triggering headlines and frequent push alerts from news services. The Dow Jones Industrial Average and S&P 500 dipped into a correction this week, but the underlying economic vitals remained strong and investors who remain disciplined should be rewarded, managers said. “I […[...]
Md. ETF provider launches ‘country rotation,’ ‘dogs of the world’ funds
Arrow Funds, a provider of exchange-traded funds based in Laurel, launched two new international investment funds that use different approaches.
In year two of Trump, where should your investment dollars go?
After roughly a year into President Trump’s term in office, several key factors in the U.S. economy are pointing to a strong showing, while consumer and business confidence is high. Equities have been on a tear, corporate profits continue to rise, employment is up, wages are expanding, interest rates are relatively low and liquidity is […]
Supreme Court rules against firm for investing retirement fund in failing stock
The Supreme Court on Wednesday sided with bank employees in a lawsuit against Fifth Third Bancorp that accused management of irresponsibly investing employee retirement money in the bank's then-failing stock.
Fidelity cutting fees at 8 index mutual funds
BOSTON — Fidelity Investments is trimming fees at its largest index mutual funds and making some of its lowest-cost options accessible to a larger number of fund shareholders, including those with as little as $2,500 to invest. The moves announced Tuesday follow recent investment fee cuts involving mutual funds or exchange-traded funds at rivals such […]
BPW to put Md. firms on notice about investing in Iran
ANNAPOLIS — Maryland has a new law prohibiting companies from investing in Iran’s energy sector, and the Board of Public Works is set to put companies on notice about it. The Baltimore Sun reported that the Board of Public Works is scheduled to discuss the new law at its meeting on Wednesday. The measure was […]
Kevin Fusco: Bond investing can be intimidating for some
It isn’t often that one can truly categorize anything about investing as unique.
A year later, S&P downgrade of U.S. looks like a dud
WASHINGTON — The rating agency Standard & Poor’s stunned the world a year ago by stripping the U.S. government of its prized AAA bond rating. The downgrade of long-term U.S. Treasurys threatened to sow chaos in financial markets, driving up U.S. interest rates, pushing the dollar down, scaring investors away from stocks and into that […]
