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Investors cashed out of equity funds at a record pace over the past week, with redemptions hitting $39 billion, Bank of America Merrill Lynch (BAML) said on Friday. . . more
Record cash streamed out of U.S.-based stock funds and billions more fled bonds in a week of apparently escalated caution, Lipper data showed on Thursday. . . more
Standard Chartered Plc has laid off over 200 employees in India in its retail banking division, as more customers move to digital services, a person familiar with the matter told Reuters on Thursday. . . more
Is it time to raise the Social Security retirement age? The idea crops up often as a partial fix for the long-term financial challenges facing the program. . . more
Wed, 12 Dec 2018 12:46:12 -0500 
U.S. fund investors sold more bonds in December's opening days, the Investment Company Institute (ICI) said on Wednesday, putting even more of a chill on markets where companies and governments... . . more
Jeffrey Gundlach, chief executive of DoubleLine Capital, said Tuesday on an investor webcast that the Standard & Poor's 500 Index is likely to go below its February 2018 lows. . . more
Hedge funds have struggled badly in 2018, but would be faring far worse were they not on the right side of two of the most reliable trades of the year: a flattening U.S. yield curve and a stronger... . . more
Wells Fargo & Co must keep a lid on its growth until the bank has hardened its risk management policies to prevent any further abuse of its customers, said Jerome Powell, chairman of the Federal... . . more
In the old days, longtime employees in the United States were honored with a gold watch after 30 years or so at a company. . . more
Investors pulled billions from bonds and stocks this week as U.S. bond movements triggered fears over global growth and a trade tussle between the United States and China heated up, strategists at... . . more
Insurance companies do not need any help marketing Medicare Advantage plans - just ask anyone over age 65 about the pitches that clog their mailboxes every year during the fall enrollment period, or... . . more
A union-backed bank employee rights group is complaining after Wells Fargo & Co declined to meet with members last week, according to a letter sent to Chief Executive Tim Sloan viewed exclusively by... . . more
BlackRock Inc's Rick Rieder is buying longer-term bonds because softening inflation could force the U.S. Federal Reserve to pause interest rate hikes, the top fixed-income investor told Reuters this... . . more
Wed, 05 Dec 2018 07:02:22 -0500 
Here is some good news to hold onto this holiday season: Americans are giving more than ever. . . more
Jeffrey Gundlach, chief executive officer of DoubleLine Capital, said the U.S. Treasury yield curve inversion on short-end maturities was signaling the "economy is poised to weaken." . . more


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