- DoubleLine's Gundlach says U.S. equities are in long-term bear marketJeffrey Gundlach, chief executive of DoubleLine Capital, on Monday said the S&P 500 stock index is headed to new lows and that U.S. equities are in a long-term bear market. ... Read more »
- Wall Street's main small-cap index drops into bear marketWall Street's most widely followed benchmark of small-cap stocks tumbled into a bear market on Monday as investors grew more worried about slower profit growth and rising interest rates. ... Read more »
- Top U.S. fund managers prepare for bear market in small company stocksThe shares of small companies in the U.S. fell into a bear market Monday, but several top-performing fund managers had already been acting as if it was inevitable. ... Read more »
- Your Money: Who's a good fund? You’re a good fund!If you want to make money, invest in people who want to get dogs. You can do this now because investment funds focusing on furry friends are starting to hit the market: One an exchange-traded Pet... ... Read more »
- Goldman, Morgan Stanley gain clout in Brazil as NY IPOs growGoldman Sachs Group Inc , Morgan Stanley and Bank of America Merrill Lynch are regaining clout in Latin America's largest economy as Brazilian companies opt to list shares in New York instead of on... ... Read more »
- Burnout, stress lead more companies to try a four-day work weekWork four days a week, but get paid for five? ... Read more »
- Hedge fund moves at short end of U.S. curve show Fed cuts not too far away: McGeeverThe Federal Reserve will raise interest rates later this week and probably again early next year, but that will be the end of tightening cycle and it won't be long before rate cuts are on the table. ... Read more »
- Investors sell record $39 billion of stocks in past week: BAMLInvestors 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. ... Read more »
- Record $46 billion pulled from U.S.-based stock funds in latest week: LipperRecord 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. ... Read more »
- Standard Chartered axes over 200 jobs in India: sourceStandard 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. ... Read more »
- A higher Social Security retirement age comes with risks for many workersIs 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. ... Read more »
- U.S. fund investors compound pain for bond marketsU.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... ... Read more »
- DoubleLine's Gundlach says S&P 500 likely to go below February 2018 lowsJeffrey 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. ... Read more »
- Struggling hedge funds cling to dollar, U.S. yield curve bets: McGeeverHedge 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... ... Read more »
- Wells Fargo won't be allowed to grow unless problems fixed: Fed's PowellWells 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... ... Read more »
- In a tight labor market, companies bet big on five-year rewardsIn the old days, longtime employees in the United States were honored with a gold watch after 30 years or so at a company. ... Read more »
- Investors flee bonds and stocks in turbulent week for growth and tradeInvestors 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... ... Read more »
- Medicare Advantage plans get unfair push from U.S. government: criticsInsurance 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... ... Read more »
- Employee rights group says Wells Fargo declined planned meetingA 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... ... Read more »
- BlackRock's Rieder buying longer-term bonds as Fed pause seems likelyBlackRock 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... ... Read more »