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Why promoting financial investments is riskier than promoting sneakers

Nov 30, 2023
Soccer star Cristiano Ronaldo is facing a class action lawsuit over his relationship with the crypto exchange Binance.
Soccer star Cristiano Ronaldo is being sued in a $1 billion lawsuit over his relationship with the crypto exchange Binance. Above, Ronaldo in 2020.
Miguel Medina/AFP via Getty Images

Why Yankee capital likes European football

Sep 22, 2023
The owner of Everton soccer club in England’s Premier League has agreed to sell the Liverpool-based team to a Miami-based investment group.
If Everton's sale to a Miami-based investment group goes through, Americans would own 10 of the 20 clubs in the world’s most lucrative soccer league.
Robbie Jay Barratt - AMA/Getty Images

Crypto marketing attracted a disproportionate number of Black investors. Here's why.

Feb 3, 2023
Black Americans were more likely to be involved in cryptocurrencies than white Americans, with many using crypto as their first foray into investing.
Attendees at a promotional event called “The Future of Blockchain Is Here!” in Bowie, Maryland.
Kimberly Adams/ Marketplace

When it comes to crypto, it's buyer beware

Nov 11, 2022
The Consumer Financial Protection Bureau (CFPB) has released a new bulletin of consumer complaints about crypto.
The Consumer Financial Protection Bureau has received more than 8,000 complaints about crypto in the past four years.
Michael M. Santiago/Getty Images

As stocks flag and home prices dip, consumers spend less, spend different

Sep 27, 2022
It's called the wealth effect: Household spending decisions tend to be influenced by the ups and downs of asset prices.
Research suggests that feeling pinched financially shifts spending from services to goods, says  Stephanie Tully at the University of Southern California.
Anna Moneymaker/Getty Images

When a cryptocurrency you never heard of drains your life savings

Jun 9, 2022
The terraUSD meltdown destroyed the nest eggs of people who had no idea what it was nor that they'd invested in it.
A cryptocurrency exchange office in Istanbul in October. Last month, the "stablecoin" terraUSD lost $60 billion in value in a matter of days.
Chris McGrath/Getty Images

Why this South Carolina county is seeing an investment boom

Jul 12, 2021
Spartanburg County is receiving more investment this year than in the last four years, much of it in manufacturing.
About 36% of Spartanburg County jobs are auto-related, said David Britt, chair of the county's economic development committee. The local economy is enjoying what he calls "Earth-shattering numbers."
Sean Gallup/Getty Images

For public good, not for profit.

World Bank president forecasts "subdued" economic recovery for 2021

And that's if vaccine distribution stays on track, David Malpass says.
"If you only come back 4% this year [in growth for the world economy], you're not back to where you were, even at the end of 2021," World Bank President David Malpass said.
Samuel Corum/Getty Images

Thinking about moving investments because of a new president? You might want to wait a bit longer.

Nov 12, 2020
"It's hard to see how electing any president makes a difference to people's long-term portfolios," says Barry Ritholtz.
"Changing your allocation between stocks and bonds, moving to cash — any big change caused by the headlines, that's an emotional reaction, and emotions are never a good guide star for managing your assets," says Barry Ritholtz.
Joe Raedle/Getty Images

BlackRock's new investment strategy: sustainability

Jan 14, 2020
The world's largest money manager now sees climate change as investment risk.
Larry Fink, CEO of BlackRock, said that climate risk is “compelling investors to reassess core assumptions about modern finance.”
Michael Cohen/Getty Images for The New York Times