Turkiye money-market funds face $2.9bn push into lira bonds Turkiye’s new requirement for money-market funds to allocate at least 10% of their portfolios to government bonds is set to channel billions of liras into Treasury debt, ... 11/28/2024 - 6:05 am | View Link
Stock Market Today: S&P 500 snaps 7-day win streak, stocks fall ahead of Thanksgiving The Cboe Skew Index, which measures options traders’ demand for tail-risk hedges, has risen sharply since Nov. 12, when it touched a post-election low. The index closed above 167 on Monday, its ... 11/27/2024 - 6:54 pm | View Link
Money-market fund assets surge to $6.7 trillion record Investors piled another $26.8 billion into bulging U.S. money-market funds in the past week, bringing their total assets to a record $6.68 trillion, according to the Investment Company Institute. Mone ... 11/27/2024 - 7:39 am | View Link
Trump’s Treasury pick and former Soros money manager Scott Bessent’s hedge fund reaped windfall during 2022 downturn President-elect Donald Trump’s pick for Treasury Secretary operates a hedge fund that reaped a massive windfall two years ago — even as global markets sagged. 11/27/2024 - 3:51 am | View Link
Use market rebound to prune exposure to thematic funds Investors have allocated large sums of money to thematic and international funds over the 12 months to October 31. Data from the Franklin Templeton industry dashboard showed that sectoral and thematic ... 11/25/2024 - 11:44 am | View Link
Trump is pledging to use tax incentives and tariffs to strengthen the iconic American steelmaker.
President-elect Donald Trump is underscoring his intention to block the purchase of U. S. Steel by Japanese steelmaker Nippon Steel Corp., and he’s pledging to use tax incentives and tariffs to strengthen the iconic American steelmaker.
The food production company said that the cuts were part of a long-term strategy ‘to strengthen Cargill’s impact,’ which includes realigning resources.
Agribusiness giant Cargill is laying off thousands of its employees.
Apple is coming aboard as a customer to use them.
Amazon.com’s cloud unit on Tuesday showed new data center servers packed with its own AI chips that will challenge Nvidia, with Apple coming aboard as a customer to use them.
The Job Openings and Labor Turnover Survey from the Labor Department also showed employers hesitant to hire more workers.
U. S. job openings increased solidly in October while layoffs dropped by the most in 1-1/2 years, suggesting the labor market continued to slow in an orderly fashion.
The first thing on the chopping block for Elon Musk and Vivek Ramaswamy’s DOGE might be changing the clocks.
Elon Musk and Vivek Ramaswamy have announced plenty of controversial proposals for their Department of Government Efficiency (DOGE), but there are some that are managing to gather bipartisan support. Case in point?
The man who critically injured a bartender while shooting into a Greeley bar after hours Saturday morning fired 59 rounds into the building less than an hour after he had been kicked out of the bar for fighting, according to arrest records.
Police arrested 32-year-old Jimmy Cazares on suspicion of a slew of felony charges on Saturday after he fled to a relative’s house following the shooting.
Just before 2:30 a.m.