Trump is getting blasted for his call to scrap quarterly reports — but even Warren Buffett despises 1 major thing about them. Is the president right?

President Donald Trump wants to overturn a 55-year-old stock-market tradition, one that investors rely on: the quarterly report. Since the 1970s, the Securities and Exchange Commission (SEC) has required publicly traded companies to issue earnings reports every three months. These reports not only reveal a company’s earnings, but also information about their operations and financial […]

Canadian man allegedly scammed multiple seniors out of $309K going door-to-door — and police believe more people were targeted. Here are the signs you’re being scammed

In July, Charlestown, Massachusetts police arrested a man in southern Indiana in connection with a scam that targeted American senior citizens across several states. Authorities say a senior Charlestown resident was tricked into withdrawing US$27,000 from his retirement accounts and handing the cash over to a man who showed up at his front door on […]

Is the 60/40 portfolio dead? Larry Fink’s latest BlackRock chairman’s letter notes ‘private markets don’t have to be as risky’ — here’s what that means for you

In his most recent letter to investors, BlackRock CEO Larry Fink discussed the company’s latest investment strategies and where he envisions the future of investing heading. One of the most significant developments came in his prediction around portfolio splits, noting that “the classic 60/40 portfolio may no longer fully represent true diversification.” He believes there […]