Finance

With $5 billion already deployed off its balance sheet, JPMorgan Chase is racing ahead on direct investments in defense tech, hardware and supply chains. JPMorgan Chase has made $5 billion in startup investments in the first year of its U.S. security and resiliency initiative, the company said Monday, a faster-than-expected pace that indicates the bank is finding plentiful opportunities in emerging defense, manufacturing and supply chain firms. The bank, which.

Finance

Investors may want to rethink their bond allocation and opt for managed futures exposure. Investors may want to rethink their bond allocation and opt for managed futures exposure. DBi's Andrew Beer suggests the popular hedge fund strategy could deliver a modern twist to traditional 60/40 portfolios. "Bonds have been dead money for the entire decade," the firm's co-founder and managing member told CNBC's "ETF Edge" this week. "I fell in.

Finance

Less than four months into life as a public company, Bending Spoons got a big vote of confidence this week from Berkshire Hathaway. At the time of its Nasdaq debut in July, Bending Spoons was a little-known holding company out of Italy that owned older internet names like AOL, Vimeo, Eventbrite and Evernote. Less than four months later, the Milan-based firm has emerged as a surprising home for former high-flying.

Finance

The U.S. raised market access issues for Mastercard and Citigroup in China during bilateral meetings in Bangkok this week, a U.S. Treasury official says. BANGKOK – U.S. officials pressed Beijing on market access issues for Mastercard Inc and Citigroup Inc during at least two bilateral meetings with Chinese counterparts in Bangkok this week, according to a U.S. Treasury official. The Treasury delegation, led by Deputy Secretary Francis Brooke, held bilateral.

Finance

Increasing government spending on healthcare could help boost consumption in China, the International Monetary Fund said. BEIJING — High healthcare costs are a big factor driving people in China to save, rather than spend, their money, the International Monetary Fund pointed out in a new book titled "Toward a New Economic Growth Model for China." In rural China, 8.7% of disposable income is spent on healthcare — just second to.

Finance

The latest 12-month period marked the strongest return for the university's fund since 2021. Harvard University's endowment grew 27.1% in fiscal year 2026, its strongest return in five years, the school said in its annual financial report released on Thursday. The endowment, which beat the S&P 500's 22.3% total return in the same period by 4.8 percentage points, now totals nearly $68 billion. The outperformance came amid actions by the.