$6.6B money manager says don’t get ‘freaked out’ — but ‘severe downdraft’ will hit stocks

Money manager Neil Hennessy believes a problematic trend is gripping the markets, and it could drag stocks down by 5 to 10 percent at any time. “What the investors are now going into is passive investing. They’re going into these index ETFs. And, the...

US moves to build barriers along US-Mexico border near San Diego

The U.S. Department of Homeland Security on Tuesday said it would allow expedited construction of security-related barriers and roads along the nation’s southern border with Mexico near San Diego, waiving environmental and other related laws. In a statement, DHS...