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The 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. |
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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 Care fund from ProShares (ticker PAWZ, of course) and the other an actively-managed Pet Parents NextShares fund from famed money manager Mario Gabelli's Gabelli Funds. |
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Work four days a week, but get paid for five? |
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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. |
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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. |
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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. |
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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. |
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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 borrow. |
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