Bloomberg US coal use plunged more than 13% in 2019, the most in 65 years, as power plants shut down across the country. That’s poised to happen again this year. Total consumption slumped to 596 million tons in 2019 from 688 million tons in the prior year, according to the US Energy Information Administration. This year, the figure is expected …

Bloomberg After a decade-long uphill battle against passive investing, active funds are getting a rare moment of respite, courtesy of the worst equity sell-off since 2018. About 60% of large-cap mutual funds beat their benchmarks as the S&P 500 tumbled into a correction in February, the best hit rate in two years, according to data compiled by Bank of America …

Bloomberg A second hit could be coming for China’s economy after its initial shock from the coronavirus, said Joe Davis, chief economist at fund giant Vanguard Group. While China has seen new cases of the virus slow, its spread is intensifying in the US and Europe. Should that trend keep hammering the economies of both regions, it could knock a …