Korean retail traders chase 40% coupons after historic stock rout – report 

This week, Donald Trump has been leading the celebrations of the 250th anniversary of American independence. And it is hard to escape the irony that the current head of state is every bit as autocratic as a Hanoverian king – and then some. Seldom have Thomas Jefferson’s words sounded so hollow than on the lips…

Key insight: Northern Trust’s gains were fueled by proceeds from capital raises flowing onto its balance sheet and into money market funds. Expert quote: “When there is greater capital raising, those dollars need to go somewhere.” — Michael O’Grady, CEO of Northern Trust Forward look: Northern Trust Chief Financial Officer David Fox cautioned that elevated…

The Invesco Pharmaceuticals ETF (PJP +1.38%) offers concentrated exposure to U.S. drugmakers, while the Invesco Nasdaq Biotechnology ETF (IBBQ +0.93%) provides a broader, lower-cost gateway to the biotechnology and pharmaceutical sectors. Both funds target the healthcare space but employ different approaches. PJP focuses on a tight group of 29 pharmaceutical giants, whereas IBBQ tracks the…

Buying a house late in life means you might not reach the break-even point that would make it better financially than renting.

TAIPEI — A helicopter hot-refueling drill in Taiwan’s landmark military exercise shows how the island is preparing for drone threats when its choppers fly in and out of vulnerable forward positions, a danger repeatedly demonstrated in Ukraine. Counter-drone ground teams, crouching amid the grass and on a nearby road, watched the skies on the seventh…

Conagra Brands’ stock was up a bit on Thursday, but the company’s results and forecast were the latest dose of bad news for the packaged-food industry.