Thursday 20 June 2019

DoubleLine's Gundlach says Fed's 'pivot' is following bond market's lead

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DoubleLine's Gundlach says Fed's 'pivot' is following bond market's lead

Jeffrey Gundlach, chief executive of DoubleLine Capital and the most widely followed bond investor, said the Federal Reserve's dovish turn in its policy statement on Wednesday took its lead from the bond market.

Column: U.S. legislation will help retirement security, but bigger steps are needed

Federal policy on retirement security is one chaotic mess right now.

Most SoftBank Vision Fund investors want to join second fund: CEO Son

Most investors in SoftBank Group Corp's $100 billion Vision Fund want to join the group's forthcoming second fund, and discussions with those investors will begin soon, SoftBank founder and Chief Executive Masayoshi Son said on Wednesday.

Your money: Buying or refinancing? The mortgage rate frenzy is back

Mortgage rates are nearing historic lows again in the United States, making it an ideal time to buy a home - or refinance.

Wells Fargo parent is dismissed from lawsuit by Philadelphia, Baltimore

Wells Fargo & Co was dismissed as a defendant in a lawsuit brought by the cities of Philadelphia and Baltimore, which accused large banks of conspiring to inflate interest rates for variable-rate demand obligations (VRDO), a type of tax-exempt bond.

Investor Litt says Hudson's Bay worth double chairman's C$1.74 billion bid

Activist shareholder Jonathan Litt lambasted a C$1.74 billion bid to take Canadian retailer Hudson's Bay Co private as "woefully inadequate" on Tuesday, saying the chairman-led shareholder group looking to push through a deal could double the offer.

After Woodford fund suspension, focus turns to its stewards

The suspension of Neil Woodford's flagship fund has put the focus on a little known firm tasked with ensuring his investors were being looked after properly.

Your Money: Millennials should shrug off annuities for now

The days of guaranteed pensions from work are long gone, but can annuities make up the difference for millennials?

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