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   NEWS: REUTERS MONEY
Reuters Money
Jun 26, 2019

As migrants languish in border facilities, U.S. Congress struggles to finalize emergency aid
Congress and the White House were attempting to broker a deal over how to spend emergency aid to address the migrant surge as lawmakers, private companies and presidential candidates raised alarms...

Reuters Money
Jun 26, 2019

As migrants languish in border facilities, Congress struggles to finalize emergency aid
Congress and the White House were attempting to broker a deal over how to spend emergency aid to address the migrant surge as lawmakers, private companies and presidential candidates raised alarms...

Reuters Money
Jun 26, 2019

Bank of America to stop financing operators of private prisons, detention centers
Bank of America Corp said on Wednesday it will no longer finance operators of private prisons and detention centers, joining peers in distancing itself from a sector that has triggered protests over...

Reuters Money
Jun 26, 2019

U.S. funds look for 'crazy cheap' stocks as indexes hit record highs
Record highs in the U.S. stock market and the anticipation of equity-friendly interest rate cuts by the Federal Reserve later this year are prompting top-performing large-cap fund managers to seek...

Reuters Money
Jun 26, 2019

Your Money: Make a paycheck checkup easier, despite the IRS
The Internal Revenue Service would like American taxpayers to look over their paystubs and make sure they are withholding the right amount - please.

Reuters Money
Jun 26, 2019

Kuwaiti equities to be in main MSCI emerging markets index from 2020
MSCI Inc said on Tuesday it would upgrade Kuwaiti equities to its main emerging markets index in 2020, a move that could trigger billions of dollars of inflows from passive funds.

Reuters Money
Jun 25, 2019

BofA commodity arm fined by DOJ for trading practices
Bank of America Corp's commodity arm Merrill Lynch Commodities Inc has agreed to pay $25 million to resolve a probe into its trading practices, the U.S. Department of Justice said on Tuesday.

Reuters Money
Jun 25, 2019

MSCI upgrades Kuwait equities to its main emerging markets index
MSCI Inc upgraded Kuwaiti equities to its main emerging markets index on Tuesday, which could trigger $2.8 billion of inflows from passive funds.

Reuters Money
Jun 25, 2019

Norway wealth fund allowed to invest again in Walmart, Rio Tinto, others
Norway's $1 trillion wealth fund can invest again in miner Rio Tinto and retailer Walmart after their exclusions from the fund's investments on ethical grounds were revoked, the board of the central...

Reuters Money
Jun 24, 2019

UK puts mini-bond regulation under spotlight after LCF collapse
Britain's finance ministry said on Monday it would look at whether the regulation regime around mini-bond investments, used to raise funds for small businesses, is up to scratch following the...

Reuters Money
Jun 24, 2019

Natixis' H2O sells some illiquid debt to try to staunch outflows
H2O, one of French bank Natixis' asset management businesses, has sold off some illiquid assets and removed entry fees across its funds as it tries to stem outflows of customer money.

Reuters Money
Jun 24, 2019

Natixis' H20 arm sells some of its bonds portfolio
H20, the London-based fund management arm of French bank Natixis which has been hit by outflows of money, said on Monday it had sold some of its bonds portfolio.

Reuters Money
Jun 21, 2019

Lords of the Ring: Can 'smart' ring give BlackRock fund managers the edge?
After years of using the internet, satellites, algos and other innovations to mine 'Big Data' for that edge over rivals, the world's biggest investment firm is trialing a gizmo that puts the focus...

Reuters Money
Jun 21, 2019

U.S. judge tosses former SAC Capital trader's insider trading guilty plea
A federal judge in Manhattan on Friday threw out the 2013 insider trading guilty plea of a former trader at SAC Capital Advisors LP, the hedge fund once run by billionaire Steven A. Cohen, saying...

Reuters Money
Jun 20, 2019

HomeStreet defeats activist Roaring Blue Lion in proxy contest
HomeStreet Inc defeated Roaring Blue Lion Capital Management's campaign to unseat one director and install its own candidate, ending a two-year standoff between the financial services company and the...

Reuters Money
Jun 20, 2019

HomeStreet defeats activist Roaring Blue Lion in proxy contest: source
HomeStreet Inc defeated Roaring Blue Lion Capital Management's campaign to unseat one director and install its own candidate, ending a two-year standoff between the financial services company and the...

Reuters Money
Jun 20, 2019

Highfields spinoff Solel Partners to start trading later this year
Solel Partners is expected to start trading with more than $400 million in capital later this year, after the new hedge fund received commitments from pensions, endowments and the founders' former...

Reuters Money
Jun 19, 2019

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...

Reuters Money
Jun 19, 2019

DoubleLine's Gundlach: Fed doing 'what the bond market says - with a lag'
Jeffrey Gundlach, chief executive of Doubleline Capital, said on Wednesday that the Federal Reserve is doing "what the bond market says - with a lag."

Reuters Money
Jun 19, 2019

Column: U.S. legislation will help retirement security, but bigger steps are needed
Federal policy on retirement security is one chaotic mess right now.

Reuters Money
Jun 18, 2019

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, founder and Chief Executive Masayoshi Son said on Wednesday.

Reuters Money
Jun 18, 2019

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.

Reuters Money
Jun 18, 2019

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...

Reuters Money
Jun 18, 2019

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...

Reuters Money
Jun 18, 2019

Hudson's Bay chairman's bid unlikely to get full support: Investor Land & Buildings
Activist investor Land & Buildings Investment Management LLC said on Tuesday a C$1.74 billion go-private offer for Hudson's Bay Co from chairman and other shareholders would likely not receive...

Reuters Money
Jun 18, 2019

Investor Land & Buildings calls Hudson's Bay chairman's offer 'inadequate'
Activist investor Land & Buildings Investment Management LLC said on Tuesday that a C$1.74 billion ($1.30 billion) go-private proposal for Hudson's Bay Co from the company's chairman and other...

Reuters Money
Jun 17, 2019

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.

Reuters Money
Jun 17, 2019

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?

Reuters Money
Jun 14, 2019

Father Figures: Dad's best financial advice
Fathers pass down many things to their kids, but not just genetic traits like eye color or hairlines.

Reuters Money
Jun 14, 2019

Hedge fund Third Point calls on Sony to spin off semiconductor unit
Daniel Loeb's activist hedge fund Third Point LLC called on Sony Corp on Thursday to spin off its semiconductor business and sell off stakes in Sony Financial and other units, in order to position...

Reuters Money
Jun 13, 2019

Safe havens emerge in China, South Asia as recession risks grow
Fears of a global recession are on the rise as the U.S.-China trade war re-escalated in May, sending investors to the safety of U.S Treasuries, the Japanese yen and gold.

Reuters Money
Jun 13, 2019

Australian regulator slaps stricter conditions on AMP's pension funds, shares fall
Australia's banking watchdog on Friday said it had imposed stricter licensing conditions on AMP Ltd's pension fund units following concerns regarding its compliance with superannuation laws, sending...

Reuters Money
Jun 13, 2019

U.S. recession odds rise to 40-45% in six months: DoubleLine's Gundlach
Jeffrey Gundlach, chief executive officer of DoubleLine Capital, said on Thursday the odds of the United States sliding into a recession in the next six months have risen to 40-45% and the odds were...

Reuters Money
Jun 13, 2019

Australia's AMP to comply with additional requirements from regulator
Australian wealth manager AMP Ltd on Friday said it would implement additional license conditions dictated by the prudential regulator on its pension fund units.

Reuters Money
Jun 13, 2019

U.S. recession probabilities rise to 40-45% in six months: DoubleLine's Gundlach
Jeffrey Gundlach, chief executive officer of DoubleLine Capital, said on Thursday the odds of the United States sliding into a recession in the next six months has risen to 40-45% and the odds were...

Reuters Money
Jun 13, 2019

Australia banking watchdog slaps compliance orders on AMP pension fund units
Australia's banking watchdog on Friday said it had issued directions and license conditions on AMP Ltd's pension fund units to force it to comply with regulations governing the superannuation...

Reuters Money
Jun 13, 2019

Recession probabilities rise 40-45% in six months: DoubleLine's Gundlach
Jeffrey Gundlach, chief executive officer of DoubleLine Capital, said on Thursday the probabilities of a recession have moved up 40-45% in six months and 65% in one year.

Reuters Money
Jun 13, 2019

Risk appetite emerges as U.S.-based equity funds attract $4.4 billion
U.S.-based equity funds attracted $4.4 billion of inflows in the week ended Wednesday, following two consecutive weeks of cash outflows totaling $34 billion, according to Refinitiv's Lipper, as the...

Reuters Money
Jun 13, 2019

Appetite for risk-taking emerges as U.S.-based equity funds attract $4.4 billion
U.S.-based equity funds attracted $4.4 billion of inflows in the week ended Wednesday, following two consecutive weeks of cash outflows totaling $34 billion, according to Refinitiv's Lipper, as the...

Reuters Money
Jun 13, 2019

Burnout Nation: How companies are de-stressing workforces
No matter who you are or what you do, let me take a wild guess: You feel a little burned out right now.

Reuters Money
Jun 13, 2019

Factbox: Safe havens emerge in China, South Asia as recession risks grow
Fears of a global recession are on the rise as the U.S.-China trade war re-escalated in May, sending investors to the safety of U.S Treasuries, the Japanese yen and gold.

Reuters Money
Jun 13, 2019

Seeking shelter from trade war, fund managers bet on China's consumers
China may be an odd choice for investors seeking shelter from a Sino-U.S. trade war. Yet, money managers in Asia are pouring funds into Chinese stocks as the long-term promise of a growing middle...

Reuters Money
Jun 12, 2019

Morgan Stanley wants majority stake in Chinese joint venture: CEO
Morgan Stanley wants to obtain majority ownership of a joint venture in China, but regulators there have not signed off on the idea, Chief Executive Officer James Gorman said on Wednesday.

Reuters Money
Jun 12, 2019

Jeffrey Gundlach's DoubleLine to launch Income Fund: SEC filings
DoubleLine Capital, run by widely followed investor Jeffrey Gundlach, is planning to launch a new fund that will invest in mortgage-backed securities, other asset-backed securities and collateralized...

Reuters Money
Jun 12, 2019

Jeffrey Gundlach's DoubleLine launches Income Fund: SEC filings
DoubleLine Capital, run by widely followed investor Jeffrey Gundlach, is launching a new fund that will invest in mortgage-backed securities, other asset-backed securities and collateralized loan...

Reuters Money
Jun 12, 2019

Investors retreat further from U.S. stock funds as trade tensions mount: ICI
Investors extended their retreat from the U.S. stock market by pulling nearly $8.2 billion out of mutual funds and exchange-traded funds that hold domestic equities last week, according to data...

Reuters Money
Jun 12, 2019

Woodford Patient Capital shares fall 1.7%
Shares in Woodford Patient Capital Trust (WPCT), Woodford Investment Management's only listed fund, fell 1.7% at the open on Wednesday after the Financial Times reported it may drop Neil Woodford as...

Reuters Money
Jun 11, 2019

Goldman Sachs CEO: Tariffs for political agenda can impact markets: CNBC
Goldman Sachs Chief Executive David Solomon told CNBC on Tuesday that U.S. President Donald Trump's use of tariffs as part of a political agenda can impact market activity.

Reuters Money
Jun 11, 2019

High-yield junk market still attractive: top bond manager Margaret Patel
The gains in high-yield junk bonds are not over, thanks to the Federal Reserve's supportive stance on monetary policy, Margaret Patel, one of the mutual-fund industry's longest tenured and most...

Reuters Money
Jun 10, 2019

YOUR MONEY - Do the math before you pick the expensive school zone
For John Bohnsack, it was a classic parental dilemma: Get a small, expensive house in a high-quality school district, or pay less and get more house in a worse neighborhood.

Reuters Money
Jun 07, 2019

UBS looks to Sumitomo Mitsui tie-up to crack Japanese wealth
UBS signed a joint venture deal with Sumitomo Mitsui Trust on Friday, aiming to crack a Japanese wealth management market where it has struggled to grow over the last 15 years.

Reuters Money
Jun 07, 2019

World bonds wave recession flags as future inflation evaporates
After almost three years of successfully predicting a global economic revival, world bond markets are furiously flagging the risk of yet another recession, as well as low inflation for a generation.

Reuters Money
Jun 07, 2019

Investment grade bond funds suck in record $12.3 billion as investors ditch stocks: BAML
Investors plowed a record $12.3 billion into investment grade bond funds and ditched equities over the past week, Bank of America Merrill Lynch said on Friday, as worries over trade tensions and the...

Reuters Money
Jun 06, 2019

UBS, Sumitomo Mitsui Trust to establish joint venture for wealth management
Swiss lender UBS will sign a deal with Japan's Sumitomo Mitsui Trust for a wealth management tie-up in Japan, with the two aiming to establish a new company by 2021, the Japanese bank said on Friday.

Reuters Money
Jun 06, 2019

Investors piled into U.S. Treasuries, money-market funds amid trade tensions: Lipper
Investors' aversion to risk-taking intensified in the latest week, stemming from trade tensions between the United States and China as well as Mexico, with U.S.-based domestic equities funds posting...

Reuters Money
Jun 06, 2019

U.S.-based Treasury bond funds attract fourth straight week of inflows: Lipper
Investors' aversion to risk-taking intensified in the latest week, stemming from trade tensions between the U.S. and China as well as Mexico, with U.S.-based domestic equities funds posting $10...

Reuters Money
Jun 06, 2019

Investment bank environment still very fragile says UBS
Investment banking conditions have improved over recent months but remains "very fragile," UBS Chief Executive Sergio Ermotti said on Thursday, adding the Swiss lender's own business was performing...

Reuters Money
Jun 05, 2019

U.S. money market assets grow six straight weeks: iMoneyNet
U.S. money market fund assets rose for a sixth consecutive week, bringing the total to a fresh nine-plus year peak as investors piled cash into low-risk funds on concerns about global trade tensions,...

Reuters Money
Jun 05, 2019

YOUR MONEY: Renovating after a natural disaster? Planning is key
For the Parkers of Houston, Texas, there will be no summer vacation this year because they are still paying off the dent in their finances left by 2017's Hurricane Harvey.

Reuters Money
Jun 05, 2019

Watchdog examines Guernsey listings of suspended Woodford fund
Britain's financial watchdog said it was examining a decision by a frozen Woodford fund to list investments in Guernsey, as wealth manager St James's Place pulled 3.5 billion pounds ($4.45 billion)...

Reuters Money
Jun 05, 2019

Investors retreat from U.S. stock funds as trade war expands
Investors pulled approximately $4.7 billion out of mutual funds and exchange-traded funds that hold U.S. stocks last week as concerns about escalating trade wars weighed on equity markets worldwide,...

Reuters Money
Jun 05, 2019

Column: Ex-heads of U.S. Social Security Administration offer plan to fix agency's customer service
A worsening customer service crisis at the Social Security Administration has prompted three of its former commissioners to urge the U.S. Congress to fix the annual budgeting process that has starved...

Reuters Money
Jun 05, 2019

Wells Fargo to donate $1 billion toward affordable housing by 2025
Wells Fargo & Co said on Wednesday it will narrow the focus of its philanthropy toward three causes including affordable housing and will donate $1 billion to housing over the next few years.

Reuters Money
Jun 04, 2019

British money manager Woodford's star wanes over locked fund gate
Famed for eschewing the tech bubble and sticking with tobacco and pharmaceuticals as others sold out, Neil Woodford's cult status among British money managers is on the ropes after some of his...

Reuters Money
Jun 04, 2019

Swedish fund AP2 ditches tobacco and nuclear weapons investments
Sweden's AP2, one of the country's five main national pension funds, will no longer invest in tobacco and nuclear weapons-linked stocks, in a move it said on Tuesday deepened its commitment to...

Reuters Money
Jun 04, 2019

Mounting climate change fears push U.S. investors to assess geographical risks
With an above-average percentage of its power generated from renewable sources and one of the largest battery storage operations in the United States, utility Sempra Energy seemed to check all the...

Reuters Money
Jun 03, 2019

U.S.-China tariffs tiff saps emerging market bond rally: UBS debt chief
U. S. President Donald Trump's tariffs confrontation with China may force global bond investors to rethink exposure to emerging markets despite robust 2019 gains, according to a Wall Street portfolio...

Reuters Money
Jun 03, 2019

Bank of America adds human option to enhance robo investment offerings
Bank of America Corp is rolling out a new wealth management product that combines automated portfolios with human advice, becoming the latest brokerage to seek to boost business by blending digital...

Reuters Money
May 31, 2019

YOUR MONEY: Retirement reform wants more of your tax dollars now
Saving for retirement is such a lofty goal that the U.S. government has always been willing to give tax incentives to encourage people to do more of it.

Reuters Money
May 31, 2019

S&P raises Indonesia's rating to 'BBB' on strong economic prospects
Ratings agency S&P said on Friday it had raised Indonesia's sovereign credit rating to 'BBB', citing the country's strong economic growth prospects and supportive policy dynamics.

Reuters Money
May 30, 2019

U.S.-based equity funds post $22 billion outflows amid trade tensions
Investors rattled by lingering trade tensions between the United States and China pulled roughly $22 billion from U.S.-based equity funds in the week ended May 29, according to data released by...

Reuters Money
May 29, 2019

Australia's AMP hit with class-action lawsuit from pension account holders
Australian law firm Maurice Blackburn said on Thursday it has filed a class-action lawsuit against wealth manager AMP Ltd on the behalf of all AMP superannuation fund account holders.

Reuters Money
May 29, 2019

U.S. money market assets rise five straight weeks: iMoneyNet
U.S. money market fund assets rose for a fifth consecutive week, bringing its total to more than a nine-year high as investors pour cash into low-risk funds on concerns about escalating U.S.-China...

Reuters Money
May 29, 2019

US money market assets increased in latest week-iMoneyNet
U.S. money market fund assets increased by $17.26 billion to $3.110 trillion in the week ended May 28, the Money Fund Report said on Wednesday.

Reuters Money
May 29, 2019

Investors wade back in to U.S. stocks as trade concerns mount
Investors jumped back in to the U.S. stock market for the first time since mid-April by sending roughly $3.7 billion into mutual funds and exchange-traded funds that hold domestic equities last week,...

Reuters Money
May 28, 2019

Asian renewable investment to overtake upstream oil and gas spending in 2020: Rystad
Renewable energy investment in the Asia-Pacific region will overtake spending on oil and gas exploration by 2020, consultancy Rystad Energy said on Monday.

Reuters Money
May 27, 2019

Asia's billionaires develop taste for boutique wealth managers
Growing demand by Asia's rich for independent advisory services and access to a wide variety of investment products is spurring the surge of boutique wealth managers more associated with the...

Reuters Money
May 24, 2019

New York court dismisses whistleblower's libel suit against UBS
A New York appeals court has dismissed a U.S. whistleblower's $20 million libel suit against Swiss bank UBS, his former employer, concluding that statements the Zurich-based bank made about him were...

Reuters Money
May 24, 2019

First net inflows into global equities in 10 weeks: BAML
Investors have added to their global equity holdings for the first time in 2-1/2 months and continued to pile into bonds, Bank of America Merrill Lynch said on Friday, as worries about the U.S.-China...

Reuters Money
May 23, 2019

D.E. Shaw's top shareholder activist Koffey leaves hedge fund
Hedge fund manager Quentin Koffey, who joined D.E. Shaw & Co two years ago from Elliott Management Corp to lead its shareholder activism strategy, has left to join Senator Investment Group LP, the...

Reuters Money
May 23, 2019

Hedge fund manager David Tepper plans to send investors' money back
Billionaire David Tepper plans to turn his hedge fund Appaloosa Management into a family office where he will invest his personal fortune and return capital to outside clients at some point, a person...

Reuters Money
May 23, 2019

Why pessimism on Social Security could come back to bite millennials
Why does the word "old" come to mind for so many of us when the topic of Social Security comes up?  

Reuters Money
May 22, 2019

Investors continue four-week retreat from U.S. stock market
Investors continued a four-week long retreat from the U.S. stock market last week by unloading a net of nearly $9.6 billion in assets from domestic mutual and exchange-traded funds, according to data...

Reuters Money
May 21, 2019

'Toxic cocktail' brewing for U.S. asset managers: hedge fund investor Kass
Hedge fund investor Doug Kass said on Tuesday that he is shorting several investment managers, including T. Rowe Price Group Inc and Franklin Resources Inc, as they could be "the next group to feel...

Reuters Money
May 21, 2019

Fingerprints and finances: next Wells Fargo CEO will be under regulatory microscope
From submitting their fingerprints to giving up their tax records, Wells Fargo & Co's next chief executive will go through a vetting process that could rival that of top U.S. government officials.

Reuters Money
May 20, 2019

Exclusive: Elliott Management opposes airline Azul on Avianca Brasil bankruptcy plan
U.S. hedge fund Elliott Management is opposing a new plan by Brazilian airline Azul SA to purchase some of the routes operated by financially troubled rival Avianca Brasil for $145 million, according...

Reuters Money
May 17, 2019

Philly refiner defers retirement fund payments to employees: letter
Philadelphia Energy Solutions will defer retirement payments to union members until next year, the company said in a letter to the union last week, the latest sign the refiner is struggling to find...

Reuters Money
May 17, 2019

Investors shun equities, pile into bonds in past week: BAML
Investors are neither extremely bullish nor bearish, according to Bank of America Merrill Lynch's gauge of market sentiment, as they weigh the impact of trade tensions between the United States and...

Reuters Money
May 16, 2019

Your money: Cosigning a student loan? Be prepared to pay
Is your college-bound child a good credit risk?

Reuters Money
May 16, 2019

U.S.-based equity funds post $12.27 billion outflows amid U.S.-China trade tensions
Investors rattled by lingering trade tensions between the United States and China pulled $12.27 billion from U.S.-based equity funds in the week ended Wednesday, according to data released by...

Reuters Money
May 15, 2019

Soros Fund Management increases stake in Tesla convertible bonds: filings
Billionaire George Soros' investment firm, Soros Fund Management Llc, raised its stake in Tesla Inc's convertible bonds due in 2021 by 17.5 million convertible bonds to 37.5 million convertible...

Reuters Money
May 15, 2019

Buffett's Berkshire unveils $861 million Amazon stake
Warren Buffett's Berkshire Hathaway Inc said it owned $860.6 million of Amazon.com Inc shares at the end of March, after the billionaire admitted to underestimating the online retailer and its Chief...

Reuters Money
May 15, 2019

Buffett's Berkshire reveals $861 million Amazon stake
Warren Buffett's Berkshire Hathaway Inc said it owned $860.6 million of Amazon.com Inc shares at the end of March, after the billionaire admitted to underestimating the online retailer and its Chief...

Reuters Money
May 15, 2019

Big U.S. hedge funds regain ardor for FAANGs in first quarter: filings
Some of the biggest, highest-profile U.S. hedge fund investors fell back in love with FAANGs in the first quarter, according to regulatory filings released on Wednesday.

Reuters Money
May 15, 2019

Your money: Should you pay to stop phone spam?
If your phone log is anything like mine, the list of incoming scam calls makes it look like you work for the State Department: Sri Lanka, Lithuania, Russia, Bosnia, Benin, Croatia and Sierra Leone....

Reuters Money
May 14, 2019

Peltz's Trian Fund may push for changes at mutual fund Legg Mason
Nelson Peltzs' Trian Fund Management LP may push Legg Mason Inc. to implement changes to boost returns, a person familiar with the matter said on Tuesday, the second time in 10 years that Trian has...

Reuters Money
May 14, 2019

U.S. growth would have contracted without trillions in government, consumer debt: Gundlach
U.S. growth appears to be based "exclusively" on government, corporate and mortgage debt and the economy would have contracted if the United States had not added trillions in debt, Jeffrey Gundlach,...

Reuters Money
May 14, 2019

U.S. GDP growth based 'exclusively' on government, corporate and mortgage debt: Gundlach
U.S. GDP growth appears to be based "exclusively" on government, corporate and mortgage debt, warns Jeffrey Gundlach, chief executive of DoubleLine Capital, in an investor webcast Tuesday.

Reuters Money
May 14, 2019

Depression risk could derail your retirement portfolio
Retirement savings can suffer from interest rate moves, market volatility and other financial risks, but depression can be just as damaging.

Reuters Money
May 13, 2019

Neuberger urges Verint investors to back its board nominees
Asset manager Neuberger Berman on Monday urged shareholders of Verint Systems to vote for its three director nominees and asked the data analytics company to detail its cloud strategy.

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