Goldman Sachs has joined the flight of institutional investors from Fisher Investments. The giant investment bank is pulling $234 million from Camas, Washington-based Fisher, according to a source close to the matter. However, the end tally could be even greater, a source told CNBC. Goldman Sachs and Fisher Investments both …

Attendees at an Amazon.com annual cloud computing conference Salvador Rodriguez | Reuters Amazon said on Thursday that revenue in its cloud division increased 35% in the third quarter, slower than analysts had expected and the lowest growth rate in more than five years. Amazon Web Services, which provides computing, storage …

Intel Justin Sullivan | Getty Images Intel stock jumped 8% in extended trading on Thursday after the chipmaker beat third-quarter earnings expectations and reignited revenue growth. Here are the key numbers: Earnings: Excluding certain items, $1.42 per share, vs. $1.24 per share as expected by analysts, according to Refinitiv. Revenue: …

The Los Angeles Fire and Police Pension System voted on Thursday to fire Fisher Investments, pulling about $522 million from the money manager. The nine-member board of commissioners voted in favor of terminating the relationship with the Camas, Washington-based firm, following lewd comments Ken Fisher had made at an investment …

Amazon.com founder and CEO Jeff Bezos Scott Olson | Getty Images Here are the most important things to know about Friday before you hit the door. 1. Digesting Amazon E-commerce giant Amazon reported third-quarter earnings that fell short of street expectations on Thursday after the bell. The news drove its …

A. Wayne Johnson Mirco Lazzari gp | Getty Images A senior government official appointed by Education Secretary Betsy DeVos resigned Thursday, saying the current student loan system is “fundamentally broken” and calling for billions of dollars in debt to be forgiven. A. Wayne Johnson was hired as the chief operating …

10’000 Hours | DigitalVision | Getty Images It could take a century for women to be paid as much as men, if things stay as they are now. The wage gap between men and women is 20%, meaning women get paid 80 cents for every $1 men earn. In the …

This year could be one of the best ones ever for investors if the gains in major asset classes hold. Stocks, bonds, gold and crude oil are all up nicely for the year. In fact, this could be the first year ever in which all four asset classes rise at …

In May of this year, for the first time in history, exactly half of investors in the U.S. had given up on stock pickers. That was the month that index funds finally caught actively managed funds in total assets under management. By August, index fund and ETF assets, led by …

PARIS (Reuters) – A major exhibition marking 500 years since the death of Leonardo da Vinci opened in Paris on Thursday but there was intrigue over whether the “Salvator Mundi” painting of Christ, one of the best-known works attributed to the master, would make a late appearance. FILE PHOTO: The …