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ARKK bleeds $313 million as investors pull out

If you invested $10,000 in Cathie Wood’s ARK Innovation exchange-traded fund (ETF) five years ago, you would have about $6,200 left today. You would have also paid a 0.75% annual management fee over that period,… 

Bessent drops a bombshell on Iran oil, dollar

Money works only because almost everyone agrees to believe in it at the same moment. Pull that shared belief away, and the paper in your pocket is just paper. The U.S. dollar carries the largest… 

Social Security cuts raise new fears for women

The latest Social Security projections raise fresh concerns about retirement security for women nearing retirement age. The program’s retirement trust fund is now on track to run dry by late 2032, which would trigger an…