Family offices fear dollar depreciation, lower returns in wake of tariffs

Family offices fear dollar depreciation, lower returns in wake of tariffs

Compassionate Eye Foundation/david Oxberry | Digitalvision | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Family offices have been investing with more caution since President Donald Trump’s tariff announcement…

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What a cut in Reliance’s Russian crude purchases would mean for India

What a cut in Reliance’s Russian crude purchases would mean for India

The Reliance Industries Ltd. oil refinery in Jamnagar, Gujarat, India, on Saturday, July 31, 2021. Bloomberg | Bloomberg | Getty Images India’s largest private oil refiner Reliance Industries is reportedly halting purchases of Russian crude, following the U.S.’ decision to sanction Russia’s two largest oil companies, Rosneft and Lukoil. Reliance has become a major buyer…

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Elon Musk calls ISS ‘corporate terrorists’ for rejecting his pay package

Elon Musk calls ISS ‘corporate terrorists’ for rejecting his pay package

Tesla CEO Elon Musk lashed out at the leading shareholder advisors on Wednesday, shining a spotlight into a corner of Wall Street that wields enormous influence among the largest institutional investors. Musk said proxy advisors Institutional Shareholder Services and Glass Lewis “have no freaking clue” after ISS last week recommended shareholders reject Musk’s near $1…

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