Franklin Templeton CEO Jenny Johnson has two equally challenging jobs. She oversees a fund company with nearly $2 trillion in assets under management within an industry experienced accelerated change, from active ETFs to tokenization. And, as a third-generation leader from the Johnson family, she’s in charge of the legacy of a business started by her…
Warren Buffett, Bill and Melinda Gates Lacy O’Toole | CNBC But in a major article this week, the Times says that over the past two years, “there has been a growing backlash from the billionaires who are its target donors,” including a “quiet campaign by one pro-Trump tech billionaire to destroy it.” Peter Thiel tells the Times he has privately…
Diego Garcia, a British Indian Ocean Territory and the largest of the islands in the Chagos Archipelago on July 02, 2013 in Diego Garcia, British Indian Ocean Territory. USGS NASA | Gallo Images | Getty Images Iran fired two intermediate-range ballistic missiles at Diego Garcia but did not hit the U.S.-U.K. military base in the…
Cuba suffered a widespread power cut on March 16, 2026, according to the national electricity company, against the backdrop of a severe crisis on the island caused by the US energy blockade. Yamil Lage | Afp | Getty Images The White House has choked off Cuba’s oil supply and threatened a “friendly takeover” of the…
Rising gas prices drive more people to Costco for cheaper fuel. But the real benefit to the retailer is the additional sales that come from the accompanying in-store traffic boost. With the Iran war in its fourth week and U.S. oil prices soaring to highs not seen in four years, the national average for a…
A realtor gives neighbors a tour during an open house at a home in Palm Beach Gardens, Florida, on Jan. 11, 2026. Zak Bennett | Bloomberg | Getty Images Spring is traditionally the busiest season for home sales, and while this year’s market dynamics have shifted strongly in favor of buyers, broader forces in the…
A trader works on the floor of the New York Stock Exchange (NYSE) at the opening bell in New York on March 18, 2026. Angela Weiss | Afp | Getty Images The Russell 2000 has fallen more than 10% off its recent high, becoming the first of the major U.S. benchmarks to fall into correction…
Treasury yields jumped on Friday as investors began to fear that the Federal Reserve may not lower interest rates at all this year, as the war in the Middle East threatens to drive inflation higher. The 10-year Treasury yield — the benchmark for U.S. government borrowing — added nearly 10 basis points to 4.38%. The 2-year…
My top 10 things to watch Friday, March 20 1. Stock futures are down this morning as oil works its way back up after a brief move lower on Thursday. The major averages are pacing for their fourth losing week in a row, with the S & P 500 and Dow down 0.4% and 1.2%,…
Gold and silver bars of various sizes at the precious metals dealer Pro Aurum in Munich. Sven Hoppe | Picture Alliance | Getty Images Gold prices rebounded slightly on Friday, but silver prices sank further, after both metals suffered heavy selling pressure in the previous session. By 6:17 a.m. ET, spot gold was 0.3% higher…
