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Globalists buck U.S. index fund trend

NEW YORK Volatility in U.S. equity markets this year is pushing investors not only to invest in stocks abroad, but also to commit their money to an even more foreign place: the hands of stockpickers rather than index funds.

Recent Business News

U.S. lawmakers formally ask Facebook CEO to testify on user data

WASHINGTON U.S. lawmakers on Friday formally asked Facebook Inc's Mark Zuckerberg to explain at a congressional hearing how 50 million users' data got into the hands of political consultancy Cambridge Analytica.

Tech, Facebook 5:44pm EDT

Goldman Sachs CEO Blankfein sees 9 percent pay hike in 2017

Goldman Sachs Group Inc Chief Executive Lloyd Blankfein saw his overall compensation rise 9 percent, despite the investment bank's lackluster performance in 2017.

2:58pm EDT

GSK pulls out of $20 billion race for Pfizer consumer assets

LONDON GlaxoSmithKline has quit the race to buy Pfizer's consumer healthcare business, endangering an auction the U.S. drugmaker hoped would bring in as much as $20 billion. | Video

7:18pm EDT

Boeing set to win American wide-body jet order: sources

PARIS/NEW YORK Boeing Co is close to winning a keenly fought contest to supply 787 Dreamliner jets to American Airlines , beating European competition from the Airbus A330neo, three people familiar with the matter said.

7:19pm EDT

Spotify says about two million users blocked ads without paying

Spotify Technology SA said on Friday it uncovered 2 million users of its free service who had blocked advertising without paying, highlighting a potential revenue risk for the soon-to-be public company. | Video

4:19pm EDT

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