Travel insurance’s fine print can leave you with nothing

Darius Adamczyk will take global charge of the business. Credit: sdx15/ Shutterstock.com. Goldman Sachs Asset Management has introduced an artificial intelligence investing platform called AlphaAI, reflecting its view that AI will play a key role in generating returns in both public and private markets. Lou D’Ambrosio has been appointed to lead AlphaAI as chairman of…

U.S. advisor ownership of less-than-fully-liquid alternative investment products could grow by $2 trillion in the next five years, according to a new report from Cerulli. The firm estimates current allocations stand at $2.2 trillion, meaning AUM could nearly double in that timeframe. The firm pointed to the growing number of interval funds and other semiliquid…

Groww is seeking to widen its investment platform beyond domestic offerings. Credit: Rahbar stock/ Shutterstock.com. Groww Asset Management Company (AMC) has closed its Rs5.8bn ($64.2m) investment agreement with State Street Investment Management following the receipt of necessary regulatory clearances.  As part of the arrangement, State Street Investment Management will own a 4.85% voting stake in Groww…

Maybe this stuff works on TV or on the stump. But it doesn’t work on Wall Street, where people can count.

While some news stories suggest that rates are the highest in 11 months today, that’s not quite true. The highest rates of the year were seen on July 13th and May 19th when our 30yr fixed index hit 6.75%. The index was at 6.68% today, up from 6.64% yesterday. Any news regarding “highest rates since…

Stocks Published: Friday, July 31, 2026, 0:28 [IST] Sensex and Nifty expected to remain on a positive footing on Friday, July 31, as improving market breadth, sustained buying in select heavyweight sectors and encouraging technical indicators continue to support investor sentiment. Market participants will closely monitor global cues, foreign institutional investor (FII) activity and stock-specific…