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VERDX News

Lessons From Two Good Funds Turned Sour

Dagen picked these funds with good intentions. But we know where that road sometimes leads.

Dagen's Wish List From Fund Managers

A partial refund would be nice. An apology, too. But, please, no more lame excuses.

MetaMarkets Plans IPO Fund

Also, Alleghany/Veredus SciTech becomes tech fund #77; Van Kampen plans to merge junk-bond funds.

Fund Openings, Closings, Manager Moves: RS Plans Another Fund for Callinan

Plus, more manager changes at Fidelity.

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Breaking News

Tesla Q2 Deliveries Slump To 254,695 As Shanghai Shutdown, Supply Chain Snarls Take Toll

Tesla said it had a record rate of production in June, but supply chain disruption and the closure of its Shanghai gigafactory triggered a slump in Q2 deliveries.

Summers, Others Cite Growing Chance of Recession

GDP shrank an annualized 1.6% in the first quarter, and some experts anticipate another drop in the second quarter.

Coinbase Faces A New Scandal

The platform denies selling proprietary customer data and announces it is expanding into several European countries.