Monday, 4 May 2020

Fund managers fish for dividend plays amid sharp cuts

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Fund managers fish for dividend plays amid sharp cuts

Some dividend fund managers are wading back into the shares of battered railroad stocks, energy companies and other economically sensitive, cyclical names, even as a host of companies have slashed their payouts.

Your unemployment questions, answered

U.S. jobless claims have exceeded 30 million since the coronavirus outbreak hit the country, wiping out a decade of job gains and sending many Americans scrambling to find work and cash in on government aid.

US money market assets increased in latest week: iMoneyNet

U.S. money market fund assets increased by $72.69 billion to $4.652 trillion in the week ended April 28, the Money Fund Report said on Wednesday.

Fear, sticker shock over health insurance greet laid-off workers

If you were laid off in April, the health insurance from your job may stop at the end of the month. Then what?

Scaramucci's SkyBridge hit with heavy redemption requests as fund fell: letter

Investors in SkyBridge Capital asked for hundreds of millions of dollars back after the fund suffered a 23% loss in March when investments made by its debt-focused hedge fund managers soured, Anthony Scaramucci wrote in a letter to clients, saying he was "embarrassed" by the loss.

Your Money: Stimulus check confusion? Common questions, answered

In a little over a year, when Americans file their 2020 tax returns, much of what is going on with coronavirus-linked stimulus payments will finally add up.

Venture firm Benchmark raises new fund without early Uber investor: source

The Silicon Valley venture capital firm known for its early backing of companies such as Uber Technologies Inc is raising a new fund, but without one of its most prominent general partners, a source close to the firm said on Wednesday.

Battered U.S. oil ETF to diversify investment in later-dated oil contracts

The United States Oil Fund LP, the largest oil-focused exchange-traded product (ETP) in the country, is moving to spread out its investments in oil futures in response to extreme market turbulence, it said in a filing https://bit.ly/2XWrj3L%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B on Wednesday.

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