Vanguard

Vanguard index product becomes first ETF to top $1 trillion in assets

Vanguard index product becomes first ETF to top $1 trillion in assets ORLANDO, Florida, June 3 : The Vanguard S&P 500 ETF, the index investing pioneer's flagship exchange-traded product, became the first in the history of ETFs to reach and exceed $1 trillion in assets, the investment firm confirmed on Wednesday. The Vanguard fund hit this milestone, the latest record in the remarkable ascent of exchange-traded funds, on Tuesday, less than 18 months after overtaking State Street Investment...

What If Vanguard's Va-Va-VOOm Follows Magellan?

A statue of Vanguard founder John Bogle at the company’s headquarters.

Vanguard’s VOO Hits $1 Trillion of Assets in ETF Industry First

Vanguard fund becomes first ETF to top $1tn in assets

Rapid growth shows volume of passive money ready to buy IPOs such as SpaceX and Anthropic

Vanguard’s Malloy Says Muni Yields Bolster Second-Half Outlook

Prince William tours Royal Navy nuclear submarine during Scottish naval base visit

Prince William tours Royal Navy nuclear submarine during Scottish naval base visit William toured a Vanguard Class submarine, one of four Trident vessels forming the UK’s nuclear deterrent - Bookmark - CommentsGo to comments The Prince of Wales has marked the 125th anniversary of Scotland’s main naval base’s submarine service, meeting Royal Navy personnel from diverse backgrounds. As the Royal Navy’s commodore-in-chief, William visited HM Naval Base Clyde, Faslane, on Tuesday. He engaged...

Analysis:Global oil inventories depleted, next price spike could roil economies, markets

Analysis:Global oil inventories depleted, next price spike could roil economies, markets HOUSTON/NEW YORK, June 5 : Global oil inventories are running dangerously low as a deal to re-open tanker traffic through the Strait of Hormuz has proven elusive, and industry executives and analysts warn there could be another oil price shock in the coming weeks, severe enough to upset broader financial markets. Some fear the next move higher for oil prices would pose a risk to economic growth, bond...

‘He May Be the Greatest Virtuoso That Jazz Has Ever Produced’

In August 1958, Esquire invited 58 jazz musicians to meet on a stoop in Harlem for a photo shoot. The resulting picture, now known as Harlem 1958, became legendary for collecting some of the genre’s greatest talents, stretching from the swing era (Count Basie, Gene Krupa) to the peaks of bebop (Charles Mingus, Dizzy Gillespie). The assembled musicians may not have realized that rock and roll was on the verge of taking over pop music, thus sweeping jazz to the margins—but the fact that it was...

Britain's defence gap laid bare amid warnings delays to spending plan undermine UK credibility

Britain's defence gap laid bare amid warnings delays to spending plan undermine UK credibility The Defence Investment Plan (DIP) was expected last year but may not be published until July - experts warn the UK needs significant spending to close big holes in its defence David Lammy has defended the Government’s plans for the UK’s defence, saying the pledge for spending to reach 3 percent of national income is “absolutely sacrosanct “. Amid delays to an investment plan for the future, the...

The May jobs report will be released Friday. Here's what to expect

The stronger-than-expected start this year for job creation could be in for a reality check when the Bureau of Labor Statistics releases the May nonfarm payrolls report Friday. Economists surveyed by Dow Jones expect the employment rolls to show that just 80,000 jobs were added during the month, which would mark a notch step down from the average of 150,000 over the prior two months, including 115,000 in April. Moreover, some prominent Wall Street voices think the month could feature some...