New York City Mayor Zohran Mamdani held meetings with JPMorgan Chase CEO Jamie Dimon and Goldman Sachs CEO David Solomon to discuss city competitiveness, affordable housing, and public-private partnerships. These talks come after Mamdani faced criticism from wealthy investors over his proposals to raise taxes on the rich as part of his affordability agenda. The meetings aim to build relationships with financial leaders despite policy tensions, with JPMorgan being a major employer in the city. Mamdani also plans to open city-run grocery stores to reduce living costs.
SpaceX has chosen Goldman Sachs to lead its initial public offering (IPO), with Morgan Stanley, Bank of America, Citigroup, and JPMorgan Chase also involved. The company is expected to publicly release its IPO prospectus soon, following a confidentia...
Vanguard High Dividend Yield ETF (VYM) provides retirees with a stable income stream by distributing about 2.9% yield across roughly 540 stocks, minimizing concentration risk. Its portfolio includes large-cap dividend payers like JPMorgan Chase and P...
The Invesco S&P 500 Momentum ETF (SPMO) has consistently outperformed the S&P 500 by owning the top 100 momentum stocks from the index, rebalancing twice a year. Over the past decade, it returned 457% compared to the S&P 500's 262%, while also managi...
The Virtus InfraCap U.S. Preferred Stock ETF (PFFA) offers a 9.5% yield and recently raised its monthly payout for 2026, continuing seven years of steady distributions. The fund's performance heavily depends on Federal Reserve rate cuts in 2026, whic...
Todd A. Combs was awarded the 2026 Graham & Dodd, Murray, Greenwald Prize for Value Investing at Gabelli Funds' 41st client conference. Combs, currently leading JPMorganChase's $10 billion Strategic Investment Group and advising CEO Jamie Dimon, has ...
