Eugene F. Fama and Kenneth R. French introduced their three-factor model augmenting the capital asset pricing model (CAPM) nearly three decades ago. They proposed two factors in addition to CAPM to explain asset returns: small minus big (SMB), which represents the return spread between small- and large-cap stocks, and high minus low (HML), which measures the return spread between high book-to-market and low book-to-market stocks. Fama and French’s initial framework has since undergone many alterations and evolutions as other researchers added their own factors and put their own spin on the duo’s insights. For their part, Fama and French updated…
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iShares BBB Rated Corporate Bond ETF (NYSEARCA:LQDB – Get Free Report) traded up 0.3% during trading on Friday . The company traded as high as $85.80 and last traded at $85.74. 3,892 shares traded hands during mid-day trading, an increase of 249% from the average session volume of 1,116 shares. The stock had previously closed at $85.48. iShares BBB Rated Corporate Bond ETF Price Performance The business has a 50-day moving average of $85.27 and a 200 day moving average of $86.50. Institutional Inflows and Outflows A number of institutional investors have recently bought and sold shares of LQDB. Integrated…
The Construction MMI (Monthly Metals Index) held its sideways trend, budging down a slight 1.35%. Meanwhile, the U.S. construction industry faces a complex landscape shaped by recent policy changes, Trump tariffs and other economic factors. Tariffs and Their Effect on Construction MaterialsSteel remains a fundamental component of modern construction, playing a crucial role in buildings, bridges and infrastructure. Key materials such as H-beam steel and steel rebar provide essential strength and reinforcement for dozens of types of projects. But with a newly imposed 10% tariff on Chinese steel imports, contractors and developers will likely experience some price increases.China’s Dominance in…
File: The Amazon distribution center in Garner, N.C. opened in August 2020. Across four floors, the warehouse covers 2 million square feet.Scott Sharpe | Tribune News Service | Getty ImagesAmazon workers at a facility near Raleigh, North Carolina, overwhelmingly voted against unionizing on Saturday.Of the 3,276 ballots cast, there were 2,447 votes opposing the union and 829 in favor, according to Carolina Amazonians United for Solidarity and Empowerment (CAUSE), the group seeking to represent workers. The results still need to be certified by the National Labor Relations Board.The election at the facility, named RDU1 and located in the suburb of…
LAKEWOOD, Calif., Feb. 14, 2025 /PRNewswire/ — Moneyspire, a leading provider of personal finance software, proudly announces the launch of its latest software release for 2025, designed to make financial management more intuitive, efficient, and secure for users worldwide. This new version of Moneyspire offers enhanced features that cater to the modern user’s need for seamless money management. Moneyspire Icon Moneyspire Overview Screen The new Moneyspire release introduces an improved user interface, more powerful budgeting and reporting, additional…
The motorcade of U.S. President Donald Trump is parked next to a 12-year-old Boeing 747-8 that Trump was touring in West Palm Beach, Florida, on Feb. 15, 2025.Kevin Lamarque | ReutersPresident Donald Trump toured a Boeing plane on Saturday to highlight delays in delivering new Air Force One aircraft, said the White House.The president negotiated with Boeing for a pair of new 747-8 aircraft during his first administration – between 2017 and 2021 – but the planes are now years behind schedule.The two aircraft were expected to be delivered in December 2024 but Boeing has pushed the arrival until at…
30-year mortgage rates inched slightly lower this week, dropping a blink-and-you’ll-miss-it two basis points to 6.87%. Going much lower than that might be tough if financial markets keep swinging, housing experts say. This week alone, 10-year Treasury yields — which usually closely mirror mortgage rates — rose sharply on Wednesday, the final day of Freddie Mac’s weekly mortgage rate survey, after Consumer Price Index data showed inflation heated up in January and is running well above the Federal Reserve’s 2% goal, dampening hopes of lower interest rates. But a day later, yields fell by roughly the same amount when President…
Based on a lot of the recent dire headlines, many Americans may have come to think of Social Security as an asset that is going to disappear from their financial future rather than be part of it, but it may be a bigger factor in portfolio success than it gets credit for, according to investing legend Charles Ellis.The steady stream of income provided by Social Security can influence asset allocation decisions that improve overall performance, says Ellis, who has written many books on investing and helped to pioneer the index fund space.”We don’t talk about it. We don’t measure it.…
The J-curve narrative in private equity (PE) investments has accompanied the growth of private markets up to the present. That narrative deserves a quiet obsolescence. Here’s why. The J-Curve Private market funds tend not to be invested all up front. Rather investors contractually agree to supply the necessary capital to the investment manager, over time and upon request, to finance the acquisitions that compose the investment portfolio. Portfolio investments are not sold off all at once either but are divested over time, with the related cash proceeds then returned to investors. The J-curve describes either a PE fund’s progressive performance,…
Charter Savings Bank has launched a new fixed Cash ISA offering 4.42% interest – earning an “excellent” Moneyfacts rating.Savers can launch the account with a minimum deposit of £5,000 and the interest rate, which is fixed for one year, can be paid monthly or annually.Fixed-rate Cash ISAs have grown in popularity recently due to high interest rates and fixed tax allowances. A Cash ISA is a savings account that allows UK residents to earn tax-free interest on savings of up to £20,000 for the 2024/25 tax year.However, with the Bank of England’s first Base Rate cut of the year to…