Auteur/autrice : Louise

CHICAGO () – Employer retirement plans are not known for their flashy investments – a majority of 401(k) investors these days use target date funds that invest in broad, diversified equity and fixed income mutual funds that automatically rebalance to minimize risk as retirement approaches. FILE PHOTO: U.S. Dollar banknotes are seen in this photo […]

(The author is editor-at-large for finance and markets at News. Any views expressed here are his own) FILE PHOTO: George Washington is seen with printed medical mask on the one Dollar banknotes in this illustration taken, March 31, 2020. /Dado Ruvic/Illustration/File Photo By Mike Dolan LONDON () – Many households have built up a stash […]

CHICAGO () – The COVID-19 pandemic has put a bright spotlight on weaknesses in many of the systems designed to protect Americans from risks. But with older people more susceptible to serious illness and death from the virus, the problems in our Medicare system that were evident pre-pandemic have come into especially sharp relief. FILE […]

FILE PHOTO: William ‘Bill’ Ackman, CEO and Portfolio Manager of Pershing Square Capital Management, speaks during the Sohn Investment Conference in New York City, U.S., May 8, 2017. /Brendan McDermid/File Photo BOSTON () – William Ackman’s hedge fund is boasting double-digit gains at a time many portfolios have sunk along with the economy during the […]

FILE PHOTO: William ‘Bill’ Ackman, CEO and Portfolio Manager of Pershing Square Capital Management, speaks during the Sohn Investment Conference in New York City, U.S., May 8, 2017. /Brendan McDermid/File Photo BOSTON () – Billionaire investor William Ackman told investors on Wednesday that his funds have gained as much as 27% this year and that […]

FILE PHOTO: An employee walks past a company logo at Northern Trust offices in London, Britain August 1, 2019. /Toby Melville BOSTON () – Northern Trust Corp’s decision to liquidate a $1.8-billion prime money market fund was seen as an outlier event by industry analysts on Wednesday, but one that could portend more problems depending […]

FILE PHOTO: The New York Stock Exchange (NYSE) is seen in the financial district of lower Manhattan during the outbreak of the coronavirus disease (COVID-19) in New York City, U.S., April 26, 2020. /Jeenah Moon WASHINGTON () – A U.S. banking regulator announced on Wednesday it had finalized work on a long-running effort to change […]

FILE PHOTO: U.S. President Donald Trump speaks during a coronavirus disease (COVID-19) outbreak response press briefing in the Rose Garden of the White House in Washington, U.S., May 11, 2020. /Kevin Lamarque WASHINGTON () – President Donald Trump is expected to tap a former GlaxoSmithKline executive and a U.S. general to spearhead the government’s effort […]

NEW YORK () – 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. FILE PHOTO: A person walks by the entrance of the New York State Department of Labor […]

BOSTON () – 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. FILE PHOTO: Anthony Scaramucci, Founder and […]

FILE PHOTO: Bill Gurley, General Partner at Benchmark, presents during the 2018 Sohn Investment Conference in New York City, U.S., April 23, 2018. /Brendan McDermid/File Photo () – 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 […]

() – 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 here on Wednesday. FILE PHOTO: Natural gas flares are seen at an oil pump site outside of […]

FILE PHOTO: The U.S. Securities and Exchange Commission logo adorns an office door at the SEC headquarters in Washington, June 24, 2011. /Jonathan Ernst/File Photo NEW YORK () – U.S. brokers should not be forced to sign an agreement that could make them liable for breaches of a massive new industry trading database that they […]

FILE PHOTO: Natural gas flares are seen at an oil pump site outside of Williston, North Dakota March 11, 2013. /Shannon Stapleton/File Photo () – The United States Oil Fund LP, the largest oil-focused exchange traded product (ETP) in the country, may begin investing in oil futures contracts expiring in several months, rather than just […]

NEW YORK () – 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. FILE PHOTO: FILE PHOTO: U.S. currency is seen in this picture illustration taken March 6, 2020. /Mike Segar/Illustration Until then, prepare for confusion. Think […]

NEW YORK () – Some U.S. fund managers are attempting what seems like an impossible task: making bets on the stocks and bonds of energy companies at a time when oil futures have sunk to historic lows and a swelling global glut shows no sign of letting up. FILE PHOTO: Natural gas flares are seen […]

FILE PHOTO: The Wall Street sign is pictured at the New York Stock exchange (NYSE) in the Manhattan borough of New York City, New York, U.S., March 9, 2020. /Carlo Allegri () – Investors sent record inflows to high-yield corporate bonds and broke a six-week losing streak for investment-grade debt in the week that ended […]

FILE PHOTO: The Wall Street sign is pictured at the New York Stock exchange (NYSE) in the Manhattan borough of New York City, New York, U.S., March 9, 2020. /Carlo Allegri () – U.S. stock mutual funds took in $8.8 billion in the latest week, marking the third inflow in three weeks, according to Lipper. […]

NEW YORK () – If you got your stimulus payment this week from the IRS and it is still in your account, are you afraid to spend it? FILE PHOTO: A local store is shuttered due to the outbreak of the coronavirus disease (COVID-19) in Matawan, New Jersey, U.S., April 1, 2020 /Eduardo Munoz Many […]

CHICAGO () – In what now seems like a galaxy far, far away, Republican lawmakers routinely talked up the idea of raising the Medicare eligibility age from 65 to 67. In fact, we were in that galaxy just three years ago. FILE PHOTO: Participants hold signs as Democratic U.S. presidential candidate U.S. Sen. Bernie Sanders […]