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The Atlantic
7 min leídos

The Ghost Bosses

Men started making glassware along Pierce Avenue in Lancaster, Ohio, in 1905. That was when Ike Collins and his business partners fired up a small furnace to melt silica and other minerals inside The Hocking Glass Company near the banks of the Hocking River. Locals were soon calling the outfit “The Hockin’.” There were other glass companies in Lancaster, drawn there by cheap natural gas. But following a 1937 merger with the New York-based Anchor Cap and Closure, The Hockin’, now Anchor Hocking, grew into the world’s largest manufacturer of glass tableware and the second-largest maker of glass
The Atlantic
7 min leídos

Wall Street Diversifies Itself

Wall Street is an unlikely vanguard against corporate America’s diversity problem. The white shoes of investment management are still worn almost exclusively by white men. So it’s notable that the surging business of exchange-traded funds, or ETFs—investment funds that generally track an index like the S&P 500 and are traded on exchanges like stocks—looks a little different. The demographics of this slice of the financial-services industry haven’t yet been studied. But I recently spoke with roughly a dozen women and people of color working in ETFs who say that they see more diversity in their
4 min leídos

The 50 Best Funds To Buy And Hold

LAST YEAR, INVESTING was like being the proverbial duck in the pond. On the surface, everything may have seemed calm, as a postelection rally on Wall Street pushed stock indexes to record highs. But beneath it all was plenty of rough paddling. The S&P 500 index of blue-chip stocks, which gained nearly 10% in 2016, shed more than 9% at the start of the year. And small-company shares, which soared 17% over the year, nearly fell into a bear market early in 2016. Markets like this are a great reminder that getting wrapped up in short-term twists and turns can be dangerous to your wealth. Sticking
How to Make Your Money Last
Scribd Editors, Scribd Editor
From the Editors

Key to a stress-free retirement…

If you’re close to retirement or in the early stages and worrying if you’ll have enough money for the rest of your life, this guide from personal finance expert Jane Quinn is an essential read. Whether you need in-depth advice on revenue sources like social security, or you want an overall checklist of what you should do, Quinn has all the reassuring answers.