Cathie Wood warned the Federal Reserve in an open letter that its interest rate hikes could spark a deflationary bust. She said leading inflationary indicators are falling, and that the Fed is ...

Letter writers were adamant that Wood wasn't making fun of Iowans: "Cynicism and sarcasm are not his weapons." The painting is "authentic and therefore beautiful," wrote another.

(Reuters) - Cathie Wood, founder and CEO of ARK Investment Management, defended the strategy of the firm's money-losing flagship fund, telling investors in a letter released late on Wednesday that ...