“Don’t fight the Fed” is my top investing rule—but what the heck do we do when Jay Powell says one thing and then does another? We buy bonds! Below we’ll dive into a bond fund kicking out a sweet 9% yield and sending payouts our way every month. But first,…

How a visionary CEO transformed the fortunes of the Danish drugmaker In the Man Markets Meeting this week, the great Rory Powe – soon to celebrate a decade at Man Group – spoke eloquently about Novo Nordisk, a firm whose GLP-1 semaglutide treatments for diabetes (Ozempic) and obesity (Wegovy) are…

POLITICS

View More

When President Joe Biden visits Wisconsin on Wednesday, he’ll attempt to draw a direct line between his signature legislative achievements and shovels in the ground — and a direct contrast with Donald Trump — as he seeks to win over voters unhappy with the overall economy. Biden plans to announce a $3.3 billion investment from Microsoft to build a new artificial intelligence facility located on the same site where, in 2018, then-President Trump broke ground on what was supposed to be a signature project under his administration: an electronics factory for Taiwan’s Foxconn, which had secured billions in tax credits and promised thousands of…

Read More

Investing

Microsoft said it is pouring $3.3 billion into building a data hub in Wisconsin that aims to train employees and manufacturers on how to best use artificial intelligence. President Joe Biden will appear at the site in Mount Pleasant, Wisconsin, on Wednesday to highlight the administration’s efforts to invest in…