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  • U.S. stocks finished mostly lower on Thursday, kicking off the final month of a brutal year for investors on a downbeat note. The Dow Jones Industrial Average fell about 194 points, or 0.6%, ending near 34,395. The S&P 500 index fell 0.1%, while the Nasdaq Composite Index rose 0.1%, according to FactSet. Stocks rallied sharply […]
  • Neuberger Berman said Monday it became the second global institution to receive final approval from the China Securities Regulatory Commission (CSRC) to launch a wholly owned, newly established mutual fund business in China. Neuberger Berman will now be allowed to manage local assets for local clients, which has not been allowed previously. BlackRock Inc. was […]
  • Stocks booked back-to-back losses on Monday, with the Dow adding to its 1,000-point skid Friday after Federal Reserve Chairman Jerome Powell vowed not to back down on fighting inflation until U.S. costs of living fall back to its 2% target range. The Dow Jones Industrial Average shed about 183 points, or 0.6%, to end near […]

 


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