Wealth

Activist investor Starboard Value LP said on Monday that it nominated four directors to the board at eHealth Inc only days after the insurer reached a settlement for two seats with another firm.

The U.S. Treasury on Wednesday said it has sent 90 million direct payments worth about $242 billion to Americans from President Joe Biden's $1.9 trillion coronavirus relief package, with more payments to be distributed in coming weeks.

Far from fighting the Federal Reserve, bond markets have in many ways been remarkably well behaved and are acting right on cue. What's not for the Fed to like?

Goldman Sachs ranked as the top financial adviser to companies targeted by activist investors in 2020, holding onto the top ranking for the second straight year, according to Refinitiv data published on Monday.

The Cboe Volatility Index, known as Wall Street's "fear gauge," slipped to a fresh COVID-19 pandemic low on Tuesday, as U.S. stocks soared to new highs on expectations that fiscal stimulus and signs of progress in a countrywide vaccination drive will spur a broader economic rebound.

Tegna Inc shareholder Standard General LP has called for an investigation into a "racially insensitive" incident involving Chief Executive Dave Lougee and a Black executive, who this year became a candidate for the broadcast company's board. Lougee last week apologized for having mistaken the executive, Adonis Hoffman, for a hotel car valet in 2014, after Hoffman withdrew his candidacy, citing conflict of interest and the incident involving Tegna's CEO.

Hedge fund Indaba Capital said on Tuesday it had nominated two directors to Benefitfocus Inc's board, and the software company responded a few hours later, saying it had named a veteran human resources executive as a new independent director.

The rollercoster ride in bitcoin since the start of the year has not dampened wealth manager Jim Paulsen's enthusiasm for the cryptocurrency.

Global investors are obsessing about borrowing costs, discount rates and inflation risks as the world emerges from the shocking pandemic - but they are also starting to pore over coming corporate tax hikes that could reverse a decades-long decline.