U.S. President Donald Trump holds "The Trump Card" as he speaks with journalists onboard Air Force One en route to Miami, Florida, U.S., April 3, 2025.Kent Nishimura | ReutersA version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor...
Month: July 2025
Trump’s deportations are hurting Constellation Brands’ beer sales
Bottles of Modelo beer are displayed on a shelf at a BevMo store on January 05, 2024 in San Rafael, California. Justin Sullivan | Getty ImagesConstellation Brands' beer sales fell 2% in its latest quarter as President Donald Trump's deportations and consumers' broader economic fears weighed on demand.In April, Constellation...
Cliff Asness’ AQR sees multiple hedge funds up double digits in 2025, beating the market
Cliff Asness.Chris Goodney | Bloomberg | Getty ImagesAQR Capital Management took advantage of a volatile first half of 2025, with a duo of hedge funds doubling the S&P 500's return.The Apex strategy from Cliff Asness' firm, which combines stocks, macro and arbitrage trades and has $4.3 billion in assets under...
With June jobs report looming, DOGE government layoffs could start becoming a factor
A hiring sign is displayed in a Dominos Pizza window on June 25, 2025 in Austin, Texas. Brandon Bell | Getty ImagesFor federal government workers who worked at agencies tied to this year's job cuts, an apparent slowdown in the labor market is happening at the worst possible time.A gradual...