News from the Control Tower: Our weekly curated list of news stories affecting you and your finances.
This week’s reads include:
Central bank is allowing securities to exit from its $8.9 trillion portfolio by not reinvesting the proceeds when they mature
Costco’s dominance among Asian American consumers bodes well for the warehouse retailer’s longer-term growth trajectory — and carries implications for other retailers as the industry evolves alongside a diversifying United States.
Logan Paul, Paul Pierce and other celebrities have promoted risky and obscure digital currencies, sometimes failing to mention their conflicts of interest.
TikTok choreography, dancing umpires, a ballet-trained first-base coach: This collegiate summer league team has amassed a following by leaning into entertainment.
Ford Motor said Thursday that it will add about 6,200 union jobs in the Midwest as it revamps three factories to build new electric and gas-powered models, including a new seventh-generation version of the Mustang coupe.
German officials have been investigating reports and a whistleblower's allegations that DWS had exaggerated the green credentials of investments it sold — a practice known as greenwashing. DWS has repeatedly denied that it misled investors.